Solar Panel Cost Guide in Jenks, OK (2024 Update)
- Jenks Solar Installation Cost: $19,028
- 25-Year Savings: $22,744
- Payback Period: 12.3 Years
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Average Cost of Solar Panels in Jenks
Find out how much it might cost to switch to solar power in Jenks.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Jenks, the typical cost of solar panels is 3 per watt.Using this figure, a typical 8.7-kW system would cost about $19,028 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of installing solar panels can vary quite a bit depending on several factors, such as how many panels you need, your energy usage and what company you go with.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Jenks can save around $17,000 on their power bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Jenks
| Year | Return on Investment |
|---|---|
| 1 years | $-17,800 |
| 3 years | $-15,344 |
| 5 years | $-12,888 |
| 7 years | $-10,432 |
| 9 years | $-7,976 |
| 11 years | $-5,519 |
| 13 years | $-3,063 |
| 15 years | $-607 |
| 17 years | $1,849 |
| 19 years | $4,305 |
| 21 years | $6,761 |
| 23 years | $9,217 |
| 25 years | $11,673 |
Top Solar Installers in Jenks
When making the switch to solar, many homeowners prefer to hire a solar installation company since putting up solar panels yourself can be a challenging project. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you're on the hunt for a solar installer in Jenks, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Jenks
Factors that Affect Solar Panel Costs in Jenks
The cost of installing a solar system in Jenks can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of a solar system in Jenks, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can figure out by looking at past energy bills. Your total cost can increase by around $3,130 for each additional kilowatt you need.The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Jenks to be too costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area offers financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest.While solar loans make switching to solar energy more accessible for Jenks homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The remaining key cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Jenks, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — 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 go with the company that has the products, warranties and services you want and also fit into 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 | $13,045 | 12.8 years |
| 8 kW | $3.19 | $17,879 | $17,744 | 12.5 years |
| 10 kW | $3.13 | $21,910 | $22,618 | 12.3 years |
| 12 kW | $3.07 | $25,766 | $27,668 | 12.1 years |
| 14 kW | $3.00 | $29,447 | $32,892 | 11.8 years |
| 16 kW | $2.94 | $32,953 | $38,292 | 11.6 years |
| 18 kW | $2.88 | $36,283 | $43,868 | 11.3 years |
| 20 kW | $2.82 | $39,438 | $49,618 | 11.1 years |
How to Save on Solar Panels
The solar company you go with will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Solar Panel Brands: Different companies offer different brands and kinds of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
EcoWatch's Jenks, OK Solar Cost FAQs
How much does it cost to install solar panels in Jenks?
The average cost of solar panels in Jenks 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 type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Jenks?
A solar panel system isn’t free in Jenks, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Jenks?
Solar panels can be a beneficial 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 fairly low, solar panels might not be for you.
How long do solar panels last in Jenks?
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 higher 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.