Solar Panel Cost Guide in Noble, OK (2024 Update)
- Noble Solar Installation Cost: $18,408
- 25-Year Savings: $23,673
- Payback Period: 11.8 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 Noble
We break down average solar pricing in Noble.
Although the national average of solar panels is $2.66 per watt, solar panels in Noble typically cost around 3.The average Noble homeowner needs a 8.4-kilowatt system, which would cost about $18,408 with the federal tax credit, or $26,323 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of solar panels you choose, your solar contractor and more.But, after you've paid the upfront cost of installation, the savings for most homeowners is usually fruitful, with a net average savings of about $18,000 over 20 years on power bills.
Click the button below to get connected to a highly rated solar panel company in your area for a personalized quote.
Solar savings over time in Noble
| Year | Return on Investment |
|---|---|
| 1 years | $-17,199 |
| 3 years | $-14,781 |
| 5 years | $-12,363 |
| 7 years | $-9,944 |
| 9 years | $-7,526 |
| 11 years | $-5,108 |
| 13 years | $-2,689 |
| 15 years | $-271 |
| 17 years | $2,147 |
| 19 years | $4,565 |
| 21 years | $6,984 |
| 23 years | $9,402 |
| 25 years | $11,820 |
Top Solar Installers in Noble
Although it's possible to install solar panels on your own, it involves extra effort and handiness. That's why most people choose to go with a solar panel installer. Solar companies offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
Working with a vetted solar installer 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 Noble
Factors that Affect Solar Panel Costs in Noble
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that will push your cost above or below the average in Noble: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
When it comes to estimating the price of solar panels in Noble, one of the most important 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 consumption, which you can determine by looking at past power bills. Your total cost can increase by around $3,130 for each additional kilowatt you need.The kind of solar panels and equipment you choose is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on 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 into a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Noble to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in 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 decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you select will play a role in your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Larger national companies usually have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $14,238 | 12.2 years |
| 8 kW | $3.19 | $17,879 | $19,334 | 12.0 years |
| 10 kW | $3.13 | $21,910 | $24,606 | 11.8 years |
| 12 kW | $3.07 | $25,766 | $30,053 | 11.5 years |
| 14 kW | $3.00 | $29,447 | $35,675 | 11.3 years |
| 16 kW | $2.94 | $32,953 | $41,473 | 11.1 years |
| 18 kW | $2.88 | $36,283 | $47,446 | 10.8 years |
| 20 kW | $2.82 | $39,438 | $53,594 | 10.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
- Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
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 Noble, OK Solar Cost FAQs
What is the average cost of installing solar panels in Noble?
The average cost of solar panels in Noble 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 things such as the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Noble?
You can’t get solar panels for free in Noble. 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.
Is going solar worth it?
Solar panels can be a fruitful 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 energy bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in Noble?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had 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.