Solar Panel Cost Guide in Wagoner, OK (2024 Update)
- Wagoner Solar Installation Cost: $19,132
- 25-Year Savings: $24,075
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Wagoner
Let’s take a look at the average cost of solar panels in Wagoner.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Wagoner, the average cost of a solar system is 3 per watt.To cover the typical energy needs of the average home in Wagoner, most homeowners require a 8.7-kilowatt system. Using the per-watt figure above, a solar installation costs around $19,132, or $27,359 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average Wagoner homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find adopting solar power is a sound investment. The average homeowner in Wagoner can save about $17,000 on their power bills over 20 years.
To receive a free quote from a pre-vetted solar installation company in Wagoner, you can click the button below.
Solar savings over time in Wagoner
| Year | Return on Investment |
|---|---|
| 1 years | $-17,923 |
| 3 years | $-15,505 |
| 5 years | $-13,087 |
| 7 years | $-10,668 |
| 9 years | $-8,250 |
| 11 years | $-5,832 |
| 13 years | $-3,414 |
| 15 years | $-995 |
| 17 years | $1,423 |
| 19 years | $3,841 |
| 21 years | $6,260 |
| 23 years | $8,678 |
| 25 years | $11,096 |
Top Solar Installers in Wagoner
Many homeowners opt for a solar panel installer since trying to install solar panels on your own can be time-consuming. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you’d like to make the switch to solar but still aren’t certain which solar panel company to go with, here are our recommendations for providers nearby:
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 Wagoner
Factors that Affect Solar Panel Costs in Wagoner
Although the average cost of a solar system in Wagoner is $19,132, your actual cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $3,130 per kilowatt in Wagoner.The model of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Wagoner to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in paying more over time because of interest.Although solar loans make switching to solar energy more accessible for Wagoner homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in Wagoner, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, 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 | $13,874 | 12.4 years |
| 8 kW | $3.19 | $17,879 | $18,849 | 12.2 years |
| 10 kW | $3.13 | $21,910 | $24,000 | 11.9 years |
| 12 kW | $3.07 | $25,766 | $29,326 | 11.7 years |
| 14 kW | $3.00 | $29,447 | $34,827 | 11.5 years |
| 16 kW | $2.94 | $32,953 | $40,503 | 11.2 years |
| 18 kW | $2.88 | $36,283 | $46,355 | 11.0 years |
| 20 kW | $2.82 | $39,438 | $52,382 | 10.7 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Wagoner, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Make sure you’re aligned with the installer in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating your electrical system or roof.
- Reputation: Make sure your solar panel 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 EcoWatch.
- Contract: Before signing a contract with a solar installer, be sure to look it over 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.
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 Wagoner, OK Solar Cost FAQs
What is the average cost of installing solar panels in Wagoner?
The average cost of solar panels in Wagoner 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 use.
Can you get solar panels for free in Wagoner?
You can’t get solar panels for free in Wagoner. However, you may still be able to install 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.
Can you sell solar power back to the grid in Wagoner?
Most states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much 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 buy between 20 and 35 panels to account for 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.