Solar Panel Cost Guide in Cushing, OK (2024 Update)
- Cushing Solar Installation Cost: $18,725
- 25-Year Savings: $22,207
- Payback Period: 12.4 Years
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Average Cost of Solar Panels in Cushing
We break down average solar pricing in Cushing.
The average cost of solar panels in Cushing is 3 per watt.To cover the typical energy needs of the average home in Cushing, most homeowners require a 8.5-kilowatt system. Using the figure above, a solar installation costs around $18,725, or $26,777 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of installing solar panels can vary based on several factors, such as how many panels you need, your energy consumption and what solar installer you go with.Many homeowners find going solar is a fruitful investment. The average homeowner in Cushing can save around $17,000 on their energy bills over 20 years.
You can click the button below to get connected with a top solar company in Cushing for a quote for your home.
Solar savings over time in Cushing
| Year | Return on Investment |
|---|---|
| 1 years | $-17,515 |
| 3 years | $-15,097 |
| 5 years | $-12,679 |
| 7 years | $-10,261 |
| 9 years | $-7,842 |
| 11 years | $-5,424 |
| 13 years | $-3,006 |
| 15 years | $-587 |
| 17 years | $1,831 |
| 19 years | $4,249 |
| 21 years | $6,667 |
| 23 years | $9,086 |
| 25 years | $11,504 |
Top Solar Installers in Cushing
Putting up solar panels on your own can be a difficult task, which is why using a solar installation company is a good option for many homeowners. Local solar installation companies can also help you optimize your return on investment by walking you through any local incentives and by providing warranties and repairs.
Working with a professional solar company can make going solar easier. Here are our recommendations:
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 Cushing
Factors that Affect Solar Panel Costs in Cushing
For many Cushing homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Cushing, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,130. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Cushing, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Cushing to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Cushing is the company you get to install your solar system. As with choosing a company to install new cabinets, for instance, there are plenty of solar installers that offer a range of services at different price points.The size of the company sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $12,923 | 12.9 years |
| 8 kW | $3.19 | $17,879 | $17,581 | 12.6 years |
| 10 kW | $3.13 | $21,910 | $22,415 | 12.4 years |
| 12 kW | $3.07 | $25,766 | $27,423 | 12.1 years |
| 14 kW | $3.00 | $29,447 | $32,608 | 11.9 years |
| 16 kW | $2.94 | $32,953 | $37,967 | 11.6 years |
| 18 kW | $2.88 | $36,283 | $43,502 | 11.4 years |
| 20 kW | $2.82 | $39,438 | $49,211 | 11.1 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Solar Panel Brands: The type of solar panel you need to install plays a part in which installer you should opt for, since different companies offer different panels.
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what you need to do before your solar system is installed, such as updating or replacing your electrical system or roof.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
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 Cushing, OK Solar Cost FAQs
How much does it cost to install solar panels in Cushing?
This is a hard 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. It will cost more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Cushing have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future utility bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.