Oklahoma ranks among the many high 10 states for peak daylight, averaging 5.59 hours, forward of sunny California. This makes the Sooner State a wonderful place to decide on solar energy. Whereas photo voltaic prices are lowering, electrical energy charges have risen 27% in Oklahoma since 2021.
Primarily based on August 2022 knowledge from the Power Data Administration, the common electrical energy invoice in Oklahoma is $155.77 a month, whereas the common month-to-month photo voltaic mortgage invoice is $77.70. Oklahoma residents might save as much as $937 in yearly power prices.
For those who get a photo voltaic system that covers your house’s power wants, as soon as you have paid the system off, you might save practically $1,900 yearly in power prices.
Oklahoma photo voltaic panel prices
The price of photo voltaic panels in your house varies primarily based on power wants, set up prices, potential roof repairs and different components. Further gear, reminiscent of photo voltaic batteries, additionally will increase the whole worth. Regardless of the price, there are perks and incentives to selecting photo voltaic power in Oklahoma, together with:
- 30% tax credit score from the federal authorities for photo voltaic purchases
- Web metering program that may lower your electrical energy invoice
- Number of native and nationwide photo voltaic panel firm choices
The next knowledge for photo voltaic panel prices and system sizes in Oklahoma is predicated on info from the Lawrence Berkeley Nationwide Lab and FindEnergy.com.
Examine photo voltaic panel price and measurement in Oklahoma
| System measurement (kW) | Complete price | |
| Excessive | 9 | $35,910 |
| Center | 7 | $27,930 |
| Low | 5 | $19,950 |
Oklahoma vs. the entire US
| System measurement (kW) | Value per watt | Complete price | |
|---|---|---|---|
| Oklahoma | 7 | $3.99 | $27,930 |
| Nationwide | 6.48 | $3.82 | $24,742 |
Photo voltaic financing choices for Oklahoma residents
The next are fee choices to think about when buying a photo voltaic system. Every fee technique comes with advantages and downsides. Take time to guage which choice is greatest in your funds.
- Money: No curiosity charges, however you will need to pay the whole price upfront
- Photo voltaic loans: Pay over time however might accrue curiosity
- Photo voltaic lease: Month-to-month funds, don’t personal system, not eligible for many incentives
- Energy Buy Settlement: Little or no upfront prices or upkeep, don’t qualify for tax incentives
Money and photo voltaic loans are essentially the most useful choices for householders who need a bigger return on funding and to make the most of tax incentives and rebates. Photo voltaic leases and PPAs profit those that wish to keep away from having excessive upfront prices or might not qualify for photo voltaic loans.
Photo voltaic panel incentives and rebates in Oklahoma
Owners in Oklahoma seeking to set up photo voltaic panels can profit from the federal tax credit score and the state’s internet metering program. The Residential Clear Power Credit score is a 30% tax credit score from the federal authorities for photo voltaic techniques bought from the start of 2022 via 2032. This tax credit score might save Oklahoma residents $8,379 on a 7-kilowatt system.
Oklahoma is certainly one of 38 states providing internet metering applications for photo voltaic homeowners to obtain credit for sending extra power generated by their photo voltaic panels again to the power grid. The credit are useful throughout occasions of the yr when days are much less sunny, such because the winter months, when photo voltaic panels generate much less power.
Oklahoma photo voltaic panel firms
Selecting a photo voltaic panel installer is a tough activity requiring time and planning. We make the method easier by doing the analysis for you. Listed below are 5 photo voltaic panel firms out there in Oklahoma, together with some we have listed among the many greatest photo voltaic firms primarily based on product choices, worth and extra.
ADT Photo voltaic
Previously generally known as Sunpro Photo voltaic, ADT Photo voltaic is headquartered in Florida and operates in 23 US states, together with Oklahoma. The corporate presents high-quality monocrystalline photo voltaic panels and name-brand photo voltaic batteries, together with the Tesla Powerwall and Enphase IQ batteries. Its merchandise include a 25-year guarantee for panel manufacturing and high quality of labor. As well as, the corporate presents a worth safety assure: For those who get a decrease quote from one other firm for a similar merchandise and advantages, ADT Photo voltaic will refund the distinction.
Okie Photo voltaic
Since 2012, Okie Photo voltaic has supplied photo voltaic providers to Oklahoma Metropolis and the encompassing space. The family-owned firm begins its course of with a free session the place a photo voltaic advisor surveys your house to guage power wants and talk about monetary advantages. The corporate installs high merchandise, together with manufacturers like Mission Photo voltaic and SolarEdge, backed by a 25-year producer guarantee. Okie Photo voltaic’s aim is that will help you select photo voltaic power with confidence and assist.
Radical Photo voltaic
Radical Photo voltaic, based by photo voltaic installers and positioned in Tulsa, Oklahoma, goals to supply sincere pricing and educate prospects about the advantages of photo voltaic power. The corporate works together with your funds, offering photo voltaic installations for $2.30-$3.15 per watt. Although Radical Photo voltaic is a comparatively new firm, based in 2019, it’s a Tesla Licensed Installer and professionally licensed to put in photo voltaic panels.
Photo voltaic Energy of Oklahoma
As a full-service firm, Photo voltaic Energy of Oklahoma supplies service from session via set up. The corporate installs merchandise, together with the Tesla Powerwall (with a 10-year guarantee) and Q Cell photo voltaic panels (with a 25-year producer guarantee). Photo voltaic Energy of Oklahoma has put in over 100,000 photo voltaic panels and was named the No. 1 Ranked Photo voltaic Contractor in Oklahoma by Photo voltaic Energy World in 2019, 2020 and 2021.
SunPower
SunPower is a nationwide photo voltaic firm, headquartered in California, offering extremely environment friendly Maxeon photo voltaic panels with a 25-year guarantee. SunPower was based in 1985 and manufactures a few of its merchandise, just like the SunVault photo voltaic battery. SunPower’s name-brand merchandise include a better price ticket than most opponents, however its guarantee ensures the photo voltaic panels will produce at 92% capability after 25 years. Different producers supply a 25-year guarantee however solely assure manufacturing at 85%.
Set up components to look at
There are a lot of components to think about when investing in photo voltaic power. Take time to analyze the next about photo voltaic set up and possession earlier than deciding.
| Issue | Particulars |
|---|---|
| Insurance coverage | Contact your house insurance coverage company. Discover out if photo voltaic panels have to be added to your coverage and the way they’ll have an effect on your protection. |
| HOA guidelines | Verify your HOA or different neighborhood affiliation guidelines relating to photo voltaic panels. They could have particular necessities for placement. |
| Location | Photo voltaic panels are best with direct daylight. Whereas photo voltaic panels can generate electrical energy in shaded areas, fixed shading is just not favorable. |
| Hire or personal | Renters are sometimes prohibited from making many adjustments to the property however can inquire with the owner about putting in photo voltaic. Renters could also be eligible for group photo voltaic subscriptions, reminiscent of Arcadia, to energy their houses with photo voltaic power. |
| Roof situation | Your roof might have restore earlier than photo voltaic panel set up. Photo voltaic installers ought to examine if upkeep is required throughout a roof examination or session. |
Oklahoma solar energy FAQs
Does Oklahoma have a photo voltaic tax credit score?
Sure and no. Oklahoma residents are eligible for the federal Clear Power Credit score for a 30% tax credit score in the direction of buying a photo voltaic system. However Oklahoma doesn’t at the moment have a state incentive or rebate program particularly for photo voltaic power.
How a lot do photo voltaic panels price in Oklahoma?
The price of photo voltaic panels in Oklahoma ranges from $19,950 to $35,910 earlier than making use of for the federal photo voltaic tax credit score. The overall worth depends upon a number of components, together with system measurement, roof repairs, location and extra gear.
How do I select a photo voltaic installer in Oklahoma?
With so many photo voltaic firms in Oklahoma to select from, attempt to evaluate your choices and obtain a number of quotes earlier than making a ultimate determination. Along with the photo voltaic installers listed, take a look at CNET’s picks for different high photo voltaic firms.
