Solar Panel Cost Guide in Sulphur, OK (2024 Update)
- Sulphur Solar Installation Cost: $18,555
- 25-Year Savings: $24,103
- Payback Period: 11.7 Years
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Average Cost of Solar Panels in Sulphur
Let’s have a look at the average cost of solar panels in Sulphur.
The national average cost of solar panels is $2.66 per watt, but in Sulphur it’s 3 per watt.The average Sulphur homeowner needs a 8.5-kilowatt system, which would cost about $18,555 with the federal tax credit, or $26,534 before the 0 tax credit is applied.
These figures are only averages, and how much solar costs for you may look different based on your energy needs and what company you go with.Even with the high upfront cost, the average Sulphur homeowner can save about $18,000 on their energy bills over 20 years, which is one of the benefits of solar.
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 Sulphur
| Year | Return on Investment |
|---|---|
| 1 years | $-17,346 |
| 3 years | $-14,928 |
| 5 years | $-12,509 |
| 7 years | $-10,091 |
| 9 years | $-7,673 |
| 11 years | $-5,254 |
| 13 years | $-2,836 |
| 15 years | $-418 |
| 17 years | $2,001 |
| 19 years | $4,419 |
| 21 years | $6,837 |
| 23 years | $9,255 |
| 25 years | $11,674 |
Top Solar Installers in Sulphur
Although it's possible to install solar panels yourself, it involves extra time and know-how. That's one of the reasons the majority of homeowners choose to hire a solar panel installer. Plus, if you’re not certain what kind of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
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 Sulphur
Factors that Affect Solar Panel Costs in Sulphur
Though the average cost of a solar system in Sulphur is $18,555, your actual cost may be above or below the average. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the price of solar panels in Sulphur, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can determine by looking at past energy bills. Your overall cost can increase by around $3,130 for each additional kilowatt you need.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your electric bills. In addition, add-on products, such as solar batteries, can bring your total well above the Sulphur average.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many Sulphur homeowners choose to finance their solar panel systems to make going solar more affordable.However, the interest on solar loans also increases your all-in costs, so it’s vital to consider that as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installation company you choose will play a role in your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of 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 down 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 | $14,409 | 12.2 years |
| 8 kW | $3.19 | $17,879 | $19,562 | 11.9 years |
| 10 kW | $3.13 | $21,910 | $24,891 | 11.7 years |
| 12 kW | $3.07 | $25,766 | $30,395 | 11.5 years |
| 14 kW | $3.00 | $29,447 | $36,074 | 11.2 years |
| 16 kW | $2.94 | $32,953 | $41,929 | 11.0 years |
| 18 kW | $2.88 | $36,283 | $47,959 | 10.8 years |
| 20 kW | $2.82 | $39,438 | $54,164 | 10.5 years |
How to Save on Solar Panels
The solar installer you opt for will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Contract: Before signing a contract with a solar installer, make sure you read it through carefully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.
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 Sulphur, OK Solar Cost FAQs
What is the average cost of installing solar panels in Sulphur?
The average cost of solar panels in Sulphur 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 like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Sulphur?
You can’t get solar panels for free in Sulphur. 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.
Does Sulphur have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.
How often do you have to replace solar panels?
Even 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 after having them for that long or you can keep using 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.