Solar Panel Cost Guide in Chickasha, OK (2024 Update)
- Chickasha Solar Installation Cost: $18,181
- 25-Year Savings: $24,198
- Payback Period: 11.5 Years
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Average Cost of Solar Panels in Chickasha
Find out what the average cost of solar panel installation is in Chickasha.
Although the national average of solar panels is $2.66 per watt, solar panels in Chickasha typically cost around 3.To account for the typical energy needs of the average home in Chickasha, most homeowners require a 8.3-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,181, or $25,999 before the federal solar tax credit of 0 is applied.
These figures are just estimates, and your own solar costs may vary based on your energy needs and what company you want to go with.With typical savings of about $18,000 on power bills over 20 years, many homeowners in Chickasha find installing solar panels can be quite rewarding.
To receive a free quote from a top solar company in Chickasha, you can click the button below.
Solar savings over time in Chickasha
| Year | Return on Investment |
|---|---|
| 1 years | $-16,944 |
| 3 years | $-14,469 |
| 5 years | $-11,994 |
| 7 years | $-9,519 |
| 9 years | $-7,044 |
| 11 years | $-4,569 |
| 13 years | $-2,094 |
| 15 years | $381 |
| 17 years | $2,856 |
| 19 years | $5,331 |
| 21 years | $7,806 |
| 23 years | $10,281 |
| 25 years | $12,756 |
Top Solar Installers in Chickasha
Although it's possible to install solar panels yourself, it takes extra energy and expertise. That's why most people choose to hire a solar panel installer. Another great thing about using a top solar installer is that it'll likely provide warranties and free repairs, which help protect your solar system over time.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some near you:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Chickasha
Factors that Affect Solar Panel Costs in Chickasha
The cost of installing a solar system in Chickasha can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the cost of solar panels in Chickasha, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can determine by looking at past power bills. Your overall cost can increase by about $3,130 for each additional kilowatt you need.The 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 in the long run on your energy bills. Additionally, extra products, like solar batteries, can bring your total well above the Chickasha average.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a solid route because they reduce your upfront costs and let you pay for your system over five to seven years on average.However, the interest on solar loans also adds to your all-in costs, so it’s vital to take that into consideration as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you select will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that provides the products, warranties and services you’re looking for and also is 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 | $14,828 | 12.0 years |
| 8 kW | $3.19 | $17,879 | $20,122 | 11.8 years |
| 10 kW | $3.13 | $21,910 | $25,590 | 11.5 years |
| 12 kW | $3.07 | $25,766 | $31,234 | 11.3 years |
| 14 kW | $3.00 | $29,447 | $37,054 | 11.1 years |
| 16 kW | $2.94 | $32,953 | $43,048 | 10.8 years |
| 18 kW | $2.88 | $36,283 | $49,218 | 10.6 years |
| 20 kW | $2.82 | $39,438 | $55,563 | 10.4 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 durability and efficiency, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Review the contract terms closely to make sure you understand the overall cost, project completion timeline rebates and warranties.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases provide quality solar panel installation and expertise.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Chickasha, OK Solar Cost FAQs
How much does it cost to install solar panels in Chickasha?
This is a difficult question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $15,650 for a 5-kW system and $31,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Are solar panels free in Chickasha?
You can’t get solar panels for free in Chickasha. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Does Chickasha have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Chickasha?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.