Updated February 2, 2024
More and more Oklahoma homes and businesses are making the switch to solar energy, showcasing a sustainable and economically savvy alternative to conventional electricity. With enough solar installations to power 15,715 homes, the state is making impressive strides.
Curious about the cost of solar panels in Oklahoma? Explore our comprehensive analysis of solar panel costs tailored for Oklahoma, or secure a custom solar quote for your Sooner State residence!
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How Much Do Solar Panels Cost In Oklahoma?
The most recent insights from the solar industry show that in Oklahoma, the average cost for solar panels lies between $11,000 and $16,000, contingent upon your home's dimensions and energy necessities. Given that the average Oklahoma residence spans about 1,900 sq ft., the typical solar system cost in Oklahoma is approximately $12,981, prior to considering any of Oklahoma's solar incentives.
Below is a detailed examination of solar panel costs in Oklahoma, structured by home size.
Home Size (sq ft)
|1,500 - 1,750
|1,750 - 2,000
|2,000 - 2,300
|2,300 - 2,500
|2,500 - 2,800
|2,800 - 3,000
** It's important to note that these costs DO NOT include the thousands you can save by utilizing Oklahoma Solar Incentives. See which solar financial incentives you qualify for by entering your zip code below!
Enter your zip code to see which Oklahoma Solar Incentives your qualify for!
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Factors Affecting Solar Panel Costs in Oklahoma
Oklahoma residents, driven by a blend of ecological responsibility and the allure of savings, are increasingly leaning into solar energy solutions. The cost to set up solar panels in Oklahoma is shaped by several pivotal components:
- Energy Consumption: The energy demands of your home directly influence the size of the required solar installation.
- Solar Panel Variety: Depending on the brand and model, solar panels can vary in price, efficiency, and durability.
- Additional Equipment: Opting for extras like solar batteries or supplemental panels will naturally inflate the cost.
While the outset expenses might seem steep, many Oklahoma homeowners report a decrease in their electric bills by 40% to 60% after integrating solar. This means many homeowners in Oklahoma can anticipate a return on their solar investments in less than ten years.
Solar Costs in Oklahoma
The journey to solar in Oklahoma isn't just about the panels. Factors like installation, securing relevant permits, and ensuring optimal and safe operation play a role in the total cost, often constituting around 10% to 20% of the overall price tag.
However, there's a silver lining. Oklahoma extends various schemes and financial incentives for homeowners transitioning to solar, making the shift more affordable.
In Oklahoma, a significant portion of the solar budget - around 60-70% - is allocated to core equipment. This includes the panels themselves, inverters to transform the sun's energy into usable electricity for households, and the necessary mounting systems.
Understanding Solar and Taxes in Oklahoma
Before making the leap to solar in Oklahoma, it's essential to grasp any associated tax repercussions. While adding solar panels might augment the value of your property, and potentially its taxable amount, the state of Oklahoma has tax benefits in place to assist and encourage solar adoption. To delve deeper into these benefits, there are tools available that allow Oklahomans to input their specific zip code and gather tailored tax-related information.
Enter your zip code to see which solar tax incentives you qualify for!
Do I Qualify?
Please enter a zip code
Cutting Down Solar Panel Costs in Oklahoma
Oklahoma is strengthening its support for solar energy. Homeowners contemplating this sustainable choice will find a range of financial incentives provided by the state. Engage with an Oklahoma solar expert to unearth all the prospective savings!
Returns from Solar Investments
In Oklahoma, a growing segment of homeowners are witnessing a promising return on their solar investments. Taking into account the current energy prices and solar perks in Oklahoma, most individuals can recover their initial investment within about 7-9 years. Beyond this interval, solar setups can translate to significant reductions in electricity expenses.
Making Solar More Accessible in Oklahoma
While the upfront costs for solar panels may appear lofty, Oklahoma offers pathways to make the transition more budget-friendly. Options are available where homeowners are charged only for the power they consume, along with specialized solar financing arrangements. These options pave the way for many Oklahomans to shift to solar without a large initial expense.
For a comprehensive look at these opportunities, refer to our guide: "How to get your solar panels set up for free in Oklahoma."
Solar Incentives in Oklahoma
Oklahoma presents a variety of incentives for those eager to delve into solar. In addition to tax breaks for those making the transition, many homeowners find that their property taxes remain unaffected, even with potential increases in property value due to solar installations. Certain state-sponsored initiatives even reward homeowners based on the performance of their solar systems. These incentives collectively make the move to solar in Oklahoma a financially shrewd choice.
In conclusion, transitioning to solar energy in Oklahoma is both an eco-conscious and economically wise move. With the reinforcement of state-backed incentives, it's becoming increasingly accessible for Oklahomans to adopt this green energy alternative.
Enter your zip code below to see which Oklahoma Solar Incentives you qualify for!
Do I Qualify?
Please enter a zip code
Are Solar Panels Worth it in Oklahoma?
For an increasing number of homeowners in Oklahoma, solar panels are making a compelling case both financially and ecologically. Embracing solar has the potential to significantly reduce your electricity expenses and promote a cleaner Earth. Oklahoma's proactive stance on solar, marked by an array of fiscal incentives and tax deductions, enables many residents to recover their initial solar investments within approximately 7-9 years. Beyond this threshold, your solar setup could be powering your home at little to no cost for the ensuing 20-30 years or even longer. This equates to many years of potential savings while simultaneously supporting the environment.
Read Also: Are Solar Panels Worth it in Oklahoma?
Considering a leap into solar in Oklahoma? Navigating this transition can be smooth and rewarding, especially when armed with the right insights. In no time, you can obtain a free, no-obligation solar panel evaluation tailored for your residence. This comprehensive analysis will shed light on the possible advantages for your property, introduce you to Oklahoma-specific solar incentives, and project your likely savings. Why delay? Explore the manifold benefits of solar energy and join the growing community of Oklahomans harnessing solar power!
Make the switch to solar and start saving in Oklahoma!
Contact our team of local energy advisors and see how much you can save with solar in OK!
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