Solar Panels Cost 10k-19k in Blanchard, OK | October, 2024

Solar Panels Cost $10k-$19k in Blanchard, OK | October, 2024

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How much do solar panels cost in Blanchard, OK in 2024?

Having solar panels in Blanchard, OK is $3.03/W in the month of October, 2024.

It will cost you $3,030, on average, per 1K (or 1000 watts) your panels is able to produce. When you subtract the 30% federal tax credit, you will spend approximately $10,605 for a 5 kW solar panel system in Blanchard. To ensure your energy demands are met, you may require more than a 5kW system.

On the left, choose your area to view the typical roof size and the maximum production capacity for solar panel systems on homes in your county. You can also see an outline of the costs, payback period and 20 year average savings for a 5 kW system in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Blanchard: $10,605US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Blanchard: 6 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Blanchard: $20,929US Average: $15,784

Solar Potential in Blanchard

Estimated system size and solar electricity production per median viable roof in
Blanchard.

Roof size 1,073sq. ft.
Capacity 15kW DC
Electricity 20.4kkWh AC per yr.

Electricity Costs in Blanchard, OK & What that Means for Your Solar Panel Pricing

For Blanchard energy consumers, the average electric bill is $150.33 per month, with a usage of 1,198 kWh. Compact homes, including micro-apartments, are also encompassed in the data cited in the {previous|prior sentence.

The average electricity rate in Blanchard, OK in October 2024 is 12.54¢ per kWh.

To account for their full energy usage requirements of an average user in Blanchard, a solar panel system of 9 kW or more is required. At this time, a 9 kW solar setup has an upfront cost of about $27,270, but after a 30% tax credit, it drops to $19,089

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Average solar panel costs by system size in Blanchard

To the left, you will find a breakdown of prices for various solar panel system sizes installed in Blanchard. When you select a larger solar system, the cost is higher, but it also yields greater electricity savings and a greater income tax credit.

The solar panel calculator, situated below and to the right, gives a detailed cost and benefit analysis based on a typical $150.33 electric bill for Blanchard. Swap the $150.33 with your usual electricity bill to get customized results.

System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,060 a year
Est. Price
$10,605
Savings from a 5kWthis system
  • Est. yearly production 8,157 kWh
  • Est. monthly savings $88
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.03 tons a year
  • Equivalent to planting 139 trees a year
  • Equivalent to driving 7,489 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,273 a year
Est. Price
$12,726
Savings from a 6kWthis system
  • Est. yearly production 9,788 kWh
  • Est. monthly savings $106
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.63 tons a year
  • Equivalent to planting 167 trees a year
  • Equivalent to driving 8,987 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,485 a year
Est. Price
$14,847
Savings from a 7kWthis system
  • Est. yearly production 11,420 kWh
  • Est. monthly savings $124
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 4.24 tons a year
  • Equivalent to planting 195 trees a year
  • Equivalent to driving 10,485 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,697 a year
Est. Price
$16,968
Savings from a 8kWthis system
  • Est. yearly production 13,051 kWh
  • Est. monthly savings $141
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.84 tons a year
  • Equivalent to planting 222 trees a year
  • Equivalent to driving 11,983 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,909 a year
Est. Price
$19,089
Savings from a 9kWthis system
  • Est. yearly production 14,683 kWh
  • Est. monthly savings $150
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 5.14 tons a year
  • Equivalent to planting 236 trees a year
  • Equivalent to driving 12,713 mi less a year

Blanchard Solar Panel Installation Incentives & Rebates | 2024

For rural small businesses and agricultural enterprises, the REAP Grant could provide funding that covers between 80% and 100% of the necessary expenses for installing renewable energy systems. Think you fall into this category? Check your qualification with our REAP Grant eligibility tool.

Nearly all residents can qualify for a 30% federal income tax credit for residential solar, which makes it a feasible option in numerous areas of the United States. In addition, there are many state and local initiatives aimed at further promote the uptake of solar energy.

Multiple utilities and government agencies in Oklahoma have 2 solar rebate and incentive programs.

Renewable Energy Goal

Value:Varies

The Energy Security Act effectively established a renewable portfolio standard to guide state energy investment. The Act required utilities in the state to generate at least 15% of their retail energy from renewable sources by 2015, but without stepped progress "checkpoints" or longer-term goals enumerated. In lieu of renewable energy credits, compliance with the standard goal was measured through annual reports sent to the Oklahoma legislature. Currently, 25.9% of retail energy in Oklahoma is generated renewably. The same legislation elevated the status of natural gas as the preferred fossil fuel for energy generation. Utilities that do not use natural gas are required to explain why they made that choice to the Oklahoma Corporation Commission.

Energy Standards for State Buildings

Value:Varies

Previously in Oklahoma, new state facilities were required to meet certain energy-efficient building standards and seek certification from the Office of Management and Enterprise Services. The statutes codifying this requirement were repealed in 2013. Oklahoma still sets energy efficiency standards at the state level for public and private buildings to follow at their choice. The state government may seek ENERGY STAR certification for buildings at its discretion.

Are solar panels worth it in Oklahoma?

Homeowners in Blanchard who intend to live in their residence beyond the payback period of their solar system will find solar panels an obvious choice. With a 5 kW solar system in Blanchard, OK, the average savings over a 20 period is $25,474.2, with break even typically occurring at 6 years.

The cost of not having solar panels in Blanchard, OK

If you don't have solar panels or an alternative backup power source, you forgo the aforementioned savings and your household is entirely dependent on your electric utility for electricity. The news has recently demonstrated that relying entirely on your utility provider isn't always ideal.

In a typical year, customers in Blanchard encounter around 1.29 outages. On average, each outage lasts for 171.53 minutes. Major events like wildlife damage, aging infrastructure or heavy rain and flooding can considerably extend these durations.

A solar panel system with (or without) a backup battery could ease the pressure of future outages you encounter.

Power Outages

Currently, 0 customers are being tracked in McClain County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Blanchard, OK?

Your Energy Needs - The cost per watt decreases with larger solar panel systems, even if the upfront cost is higher. Setting up a solar system that produces sufficient electricity to eliminate their electric bill is beneficial to most homeowners, ensuring savings.

Make & Model - Just like other industries, the solar energy sector offers a range of solar panel and mounting equipment brands and designs. Since your installer may prefer certain brands, it's essential to pick a recommended company. Selecting superior quality materials usually ensures a more favorable long-term experience for the buyer.

Solar Panel Type - The standard in the industry is now monocrystalline panels, and for good reason. These panels are more expensive but offer a higher energy efficiency. Many installers in the industry use panels crafted of this material.

Your Property - Sloping terrain, trees, or additional considerations can increase the difficulty of the installation. These days, solar installers typically use satellite images to assess your home and include these elements into the first cost estimate.

Labor Rates - Various wages are paid to employees by various companies, and these costs are borne by the consumers. Businesses that invest in higher wages often see higher reviews for their services and customer service.

Permitting & Interconnection - The cost of your installation will be impacted by the local permitting and utility interconnection fees, which vary depending on the area. That said, quality local installers will be able to incorporate these numbers into your first quotes so there are no surprises.

See what solar panels cost in other OK cities

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Who are the best solar installers in Blanchard?

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Auditing of energy requirements for independent energy generation.

Micrometer Engineering

Scottsdale, AZ(602) 790-5749

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Engie North America

Houston, TX(713) 636-0000

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Blanchard, OK Solar Panel Cost FAQs

  • As of October, 2024, the average solar panel installation cost in Blanchard, OK has reached $3.03/W. In Blanchard, OK, the cost of installing a 5 kW solar panel system is approximately $10,605 after applying the federal tax credit.

  • Right now, Oklahoma has 2 rebates and incentives available through a variety of utility companies and government entities. Furthermore, almost all individuals are entitled to the 30% federal income tax credit.

  • Even though paying cash offers the best savings, there are now multiple financing options for solar panels that are also financially beneficial. Many installers will include information about financing options in their initial quotes.

  • Yes, the typical payback time for 5 kW solar panel systems in Blanchard, OK is 6 years, and the expected electricity cost savings over 20 years is $25,474.2.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01