Solar Panel Cost Guide in Bixby, OK (2024 Update)
- Bixby Solar Installation Cost: $19,080
- 25-Year Savings: $22,364
- Payback Period: 12.4 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Bixby
We break down average solar pricing in Bixby.
The average cost of a solar system in Bixby is 3 per watt.Using this figure, a typical 8.7-kW system would cost about $19,080 before the 0 federal solar tax credit is applied.
These figures are just averages, and how much solar costs for you will look different based on your energy needs and what company you choose to go with.With average savings of about $17,000 on energy bills over 20 years, many homeowners in Bixby find going solar has a decent ROI.
To get a free estimate from a highly rated solar installation company in Bixby, you can click the button below.
Solar savings over time in Bixby
| Year | Return on Investment |
|---|---|
| 1 years | $-17,864 |
| 3 years | $-15,431 |
| 5 years | $-12,999 |
| 7 years | $-10,566 |
| 9 years | $-8,134 |
| 11 years | $-5,701 |
| 13 years | $-3,269 |
| 15 years | $-837 |
| 17 years | $1,596 |
| 19 years | $4,028 |
| 21 years | $6,461 |
| 23 years | $8,893 |
| 25 years | $11,326 |
Top Solar Installers in Bixby
Although you can install solar panels yourself, it involves extra time and handiness. For that reason, most people choose to go with a solar panel installer. Another good thing about choosing a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
If you’d like to make the switch to solar but still aren’t certain which solar installer to go with, here are our recommendations for providers in Bixby:
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Bixby
Factors that Affect Solar Panel Costs in Bixby
There are many criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,130.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your energy bills. In addition, extra products, such as solar batteries, can bring your total well above the Bixby average.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That’s why many Bixby homeowners decide to finance their solar panel systems to make paying for solar more affordable.Although solar loans make adopting solar energy more accessible for Bixby homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can affect your pricing. Bixby’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and go with the company that provides the products, warranties and services you want and also fits within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.26 | $13,672 | $12,741 | 12.9 years |
| 8 kW | $3.19 | $17,879 | $17,338 | 12.7 years |
| 10 kW | $3.13 | $21,910 | $22,111 | 12.4 years |
| 12 kW | $3.07 | $25,766 | $27,059 | 12.2 years |
| 14 kW | $3.00 | $29,447 | $32,182 | 11.9 years |
| 16 kW | $2.94 | $32,953 | $37,481 | 11.7 years |
| 18 kW | $2.88 | $36,283 | $42,954 | 11.4 years |
| 20 kW | $2.82 | $39,438 | $48,604 | 11.2 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Contract: Although reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Bixby, OK Solar Cost FAQs
What is the average cost of installing solar panels in Bixby?
The average cost of solar panels in Bixby is about $15,650 for a 5-kW system and $31,300 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Bixby?
Leasing solar panels can be an attractive choice, because it often comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Is switching to solar power worth it?
Solar panels can be a great investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How long do solar panels last in Bixby?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.