Solar Panel Cost Guide in Fort Gibson, OK (2024 Update)

  • Fort Gibson Solar Installation Cost: $19,199
  • 25-Year Savings: $23,276
  • Payback Period: 12.2 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Fort Gibson

We go over average solar pricing in Fort Gibson.

The national average cost of solar panels is $2.66 per watt, but in Fort Gibson it’s 3 per watt.To cover the typical energy usage of the average home in Fort Gibson, most homeowners require a 8.8-kilowatt system. Using the figure above, a solar installation costs around $19,199, or $27,455 before the federal solar tax credit of 0 is applied.

The actual price you pay can be above or below the average in Fort Gibson based on a few factors, such as the brand of solar panels you choose and the solar company you hire.But, once you've paid the initial cost of installation, the payback for most homeowners is usually fruitful, with a net average savings of about $17,000 over 20 years on energy bills.

For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Fort Gibson

Year Return on Investment
1 years $-17,989
3 years $-15,571
5 years $-13,153
7 years $-10,735
9 years $-8,316
11 years $-5,898
13 years $-3,480
15 years $-1,061
17 years $1,357
19 years $3,775
21 years $6,193
23 years $8,612
25 years $11,030

Top Solar Installers in Fort Gibson

Many homeowners choose to hire a solar installer since trying to install solar panels yourself can be a lot of work. Companies can also offer access to various kinds of the best solar panels and help you decide which one will be right for your family.

If you’d like to switch to solar energy but still aren’t certain which solar company to go with, here are our recommendations for providers near you:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
3.2

  • 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 Fort Gibson

Factors that Affect Solar Panel Costs in Fort Gibson

Though the average cost of a solar system in Fort Gibson is $19,199, your final cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to consider.

Solar Equipment

When it comes to estimating the cost of a solar system in Fort Gibson, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can gauge by looking at past power bills. Your overall cost can increase by around $3,130 for each additional kilowatt you need.The brand of solar panels and equipment you want is another factor that will substantially impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that falls within your budget.

Solar Financing Terms

Most solar installers in Fort Gibson have solar loans, which reduce the initial cost of installing solar.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 more upfront can lower the total interest paid over time.

Solar Panel Installation Company

The remaining significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of renewable energy solutions in Fort Gibson, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Fort Gibson have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.

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 $13,270 12.7 years
8 kW $3.19 $17,879 $18,044 12.4 years
10 kW $3.13 $21,910 $22,993 12.2 years
12 kW $3.07 $25,766 $28,117 12.0 years
14 kW $3.00 $29,447 $33,417 11.7 years
16 kW $2.94 $32,953 $38,892 11.5 years
18 kW $2.88 $36,283 $44,542 11.2 years
20 kW $2.82 $39,438 $50,368 11.0 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 decide on the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: Different companies offer different brands and types of panels. If you know you want a specific brand, make sure the solar panel installer you’re considering has it.
  • Contract: When looking through your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
  • Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
  • Warranty: If you care about the endurance of your solar system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
3.2

  • 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 Fort Gibson, OK Solar Cost FAQs

How much does it cost to install solar panels in Fort Gibson?

The average cost of solar panels in Fort Gibson is about $15,650 for a 5-kW system and $31,300 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.

Is it better to lease or buy solar panels in Fort Gibson?

Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.

Do solar panels increase how much your home is worth?

Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Fort Gibson is currently $210,508, so you can look forward to a value of about $8,631 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Fort Gibson is a rewarding investment.

How many solar panels should I get to power my home?

The exact number of solar panels you need depends on your household energy usage and the average daily 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.

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