Solar Panel Cost Guide in Sayre, OK (2024 Update)

  • Sayre Solar Installation Cost: $17,643
  • 25-Year Savings: $29,947
  • Payback Period: 9.9 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 Sayre

Let’s have a look at the average cost of solar in Sayre.

The national average cost of solar panels is $2.66 per watt, but in Sayre it’s 3 per watt.The average Sayre homeowner needs a 8.1-kilowatt system, which would cost about $17,643 with the federal tax credit, or $25,229 before the 0 tax credit is applied.

Keep in mind that the figures above are only estimates based on the average energy use of Sayre homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find installing solar panels is a solid investment. The average homeowner in Sayre can save about $21,000 on their energy bills over 20 years.

Click the button below to get connected to a highly rated solar installer in Sayre for a customized quote.

Solar savings over time in Sayre

Year Return on Investment
1 years $-16,405
3 years $-13,930
5 years $-11,455
7 years $-8,980
9 years $-6,505
11 years $-4,031
13 years $-1,556
15 years $919
17 years $3,394
19 years $5,869
21 years $8,344
23 years $10,819
25 years $13,294

Top Solar Installers in Sayre

Many homeowners decide to use a solar installation company since installing solar panels by yourself can be hard. Also, companies with a good reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.

There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

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 Sayre

Factors that Affect Solar Panel Costs in Sayre

There are several factors that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,130.The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive 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 greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.

Solar Financing Terms

Most solar companies in Sayre have solar loans, which reduce your upfront costs of installing solar panels.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for 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 massive popularity of renewable energy solutions in Sayre, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.

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 $19,646 10.3 years
8 kW $3.19 $17,879 $26,545 10.1 years
10 kW $3.13 $21,910 $33,619 9.9 years
12 kW $3.07 $25,766 $40,869 9.7 years
14 kW $3.00 $29,447 $48,294 9.5 years
16 kW $2.94 $32,953 $55,894 9.3 years
18 kW $2.88 $36,283 $63,669 9.1 years
20 kW $2.82 $39,438 $71,620 8.9 years

How to Save on Solar Panels

The solar panel company you go with will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, including:

  • Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely provide high-quality solar panel installation and expertise.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of offerings before making your decision.
  • Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
  • Contract: Review the contract terms thoroughly to make sure you understand how much it will cost, project timeline incentives and warranties.

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 Sayre, OK Solar Cost FAQs

What is the average cost of installing solar panels in Sayre?

This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally 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 more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.

Can you get solar panels for free in Sayre?

Solar panels aren’t free in Sayre, 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 can help lower the cost.

Do solar panels increase the value of your home?

Solar panels can increase your home value significantly as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."

How often do you have to replace solar panels?

Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to 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.

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