Solar Panels Cost 8.2k-16k in Broken Arrow, OK | September, 2024

Solar Panels Cost $8.2k-$16k in Broken Arrow, OK | September, 2024

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How much do solar panels cost in Broken Arrow, OK in 2024?

Going solar costs, on average, $2.94 per watt in the month of September, 2024 in Broken Arrow, OK.

It will cost you $2,940, on average, for every 1000 watts (1 kW) of capacity that your solar panels have. After receiving the 30% federal tax credit, you can expect to spend around $10,290, in Broken Arrow, for a 5 kW panel install. It's important to realize that a bigger system might be needed to cover your energy consumption.

On the left-hand side, pick your county to access information on the average roof size and the average maximum capacity for solar panel systems on homes within your area. Displayed below is a summary of the price, payback period, and 20-year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Broken Arrow: $10,290US Average: $12,595
Average Payback Period The number of years until you break even on the solar investment.
Broken Arrow: 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.
Broken Arrow: $18,113US Average: $15,737

Solar Potential in Broken Arrow

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

Roof size 822sq. ft.
Capacity 11.5kW DC
Electricity 15kkWh AC per yr.

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

For Broken Arrow energy consumers, the standard monthly kWh usage is 1,006, with an average electric bill of $136.72. Be mindful that this figure includes data from apartments and other smaller homes with reduced energy consumption.

The electricity rate per kWh in Broken Arrow, OK for September 2024 averages 13.58¢.

If you’re an average energy user in Broken Arrow you must have an 8 kW or larger sized system to cover your entire energy demands. Currently, an 8 kW solar panel installation will cost you roughly $23,520at first, but thanks to the 30% federal tax credit, you receive 30% back, bringing the cost down to $16,464.

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Average solar panel costs by system size in Broken Arrow

To the left side and below, there is the cost summary for multiple sizes of solar panel systems set up in Broken Arrow. As expected, with a bigger solar system, there will be a higher upfront cost, but the benefits include more electricity savings and greater income tax credits.

Using the solar panel cost calculator situated down and to the right, you can view a detailed cost and benefit analysis based on an average electric bill of $136.72 in Broken Arrow. Swap the $136.72 with your average electricity bill to get more accurate results.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $863 a year
Est. Price
$8,232
Savings from a 4kWthis system
  • Est. yearly production 6,161 kWh
  • Est. monthly savings $72
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.69 tons a year
  • Equivalent to planting 124 trees a year
  • Equivalent to driving 6,670 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,078 a year
Est. Price
$10,290
Savings from a 5kWthis system
  • Est. yearly production 7,702 kWh
  • Est. monthly savings $90
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.37 tons a year
  • Equivalent to planting 155 trees a year
  • Equivalent to driving 8,338 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,294 a year
Est. Price
$12,348
Savings from a 6kWthis system
  • Est. yearly production 9,242 kWh
  • Est. monthly savings $108
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 4.04 tons a year
  • Equivalent to planting 186 trees a year
  • Equivalent to driving 10,005 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,510 a year
Est. Price
$14,406
Savings from a 7kWthis system
  • Est. yearly production 10,782 kWh
  • Est. monthly savings $126
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.72 tons a year
  • Equivalent to planting 217 trees a year
  • Equivalent to driving 11,673 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,725 a year
Est. Price
$16,464
Savings from a 8kWthis system
  • Est. yearly production 12,323 kWh
  • Est. monthly savings $137
  • Full payback in 10 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

Broken Arrow Solar Panel Installation Incentives & Rebates | 2024

If you're a rural small business or farm owner, you might be eligible for REAP Grant coverage of between 80% and 100% for your photovoltaic or wind turbine project. If you think you might be in this category, we suggest checking your qualification with our REAP Grant eligibility tool.

For those considering residential solar options, a 30% federal income tax credit is broadly available, increasing the appeal and practicality of solar energy in various areas in the nation. Together with federal efforts, state and local programs help to support the use of solar power.

A total of 2 solar incentive and rebate initiatives are available in Oklahoma from different utilities and government bodies.

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?

If you plan to own your residence longer than the solar system's payback period, solar panels are a wise investment in Broken Arrow. Installing a 5 kW solar system in Broken Arrow, OK will, on average, save you $22,522.8 over 20 years, and you can expect to break even in about 6 years.

The cost of not having solar panels in Broken Arrow, OK

Not installing solar panels or any other backup energy system leads to missing the earlier mentioned savings and full dependence on your electric utility for electricity. As recent examples in the news have shown, total dependence on your utility provider isn't always the best idea.

In recent years, utilities in Broken Arrow have had an average of 1.49 outages per customer annually. Usually, outages have an average duration of 225.8 minutes. However, during critical events like hurricanes, aging infrastructure, or wildlife damage, these times can extend dramatically.

Regardless of whether featuring a backup battery or not, a solar panel system can alleviate the strain of possible future outages.

Power Outages

Currently, 0 customers are being tracked in Wagoner County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Broken Arrow, OK?

Your Energy Needs - Larger solar panel systems have a larger initial cost, yet the average cost per watt falls as the system size expands. Most consumers see the benefit in installing a solar setup that can produce enough power to replace their entire electric bill, ensuring significant savings.

Make & Model - Solar panels and mounting equipment, like many other products, are available in a variety of makes and models. Given the certain system preferences an contractor might have, choosing a reputable contractor is crucial. The utilization of better equipment is likely to yield a more satisfactory long-term experience for buyers.

Solar Panel Type - It's no surprise that monocrystalline panels are now the standard in the industry. These panels cost more but produce more energy. Most installers in the industry work with panels crafted from this material.

Your Property - No two properties or homes are identical. Trees, rough terrain, or other challenges can increase the difficulty of the installation. Nowadays, the majority of solar installers can evaluate your home with satellite images and include these factors in the preliminary cost estimate.

Labor Rates - Various wages are paid to employees by various companies, and these expenses are passed on to the consumers. Companies often get higher reviews for their services and customer service when they pay higher wages.

Permitting & Interconnection - Your final installation price will be impacted by the permitting and utility interconnection fees, which change by area. Reputable local installers will integrate these numbers into your initial quotes to prevent any surprises.

See what solar panels cost in other OK cities

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Who are the best solar installers in Broken Arrow?

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.

Broken Arrow, OK Solar Panel Cost FAQs

  • As of September, 2024, the average solar panel installation cost in Broken Arrow, OK has reached $2.94/W. Post federal tax credit, a 5 kW solar panel system installation in Broken Arrow, OK will roughly cost $10,290.

  • Oklahoma offers 2 different rebates and incentives from a range of utilities and government organizations. Furthermore, the majority of people qualify for the 30% federal tax credit.

  • Paying cash provides the most savings, yet there are several financing options available today for solar panels that are also financially sensible. Financing details are often provided by installers and may be included in your initial quotes.

  • Yes, solar panels systems of 5 kW in Broken Arrow, OK typically have a payback period of 6years, with expected savings on electricity costs of $22,522.8 over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-09-15