Solar Panels Cost 14k-23k in Chandler, OK | October, 2024

Solar Panels Cost $14k-$23k in Chandler, OK | October, 2024

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

For solar panels in Chandler, OK, the cost per watt in October, 2024 is , on average, $3.39/W.

You should expect to pay $3,390, on average, for every 1000 watts (or 1 kW) of solar energy your solar panels will need to produce. We can come up with this number by applying this rate price cost per watt. When you consider the 30% federal tax credit, a 5 kW solar panel install in Chandler will cost approximately $11,865. Depending on your electricity consumption habits, you may need a bigger system.

By selecting your county on the left, you can determine the typical roof size and the average maximum capacity for residential solar panel systems in your area. You can also see an analysis of the costs, payback period and 20 year average savings for a 5 kW system installed in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Chandler: $11,865US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Chandler: 8 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Chandler: $14,238US Average: $15,784

Solar Potential in Chandler

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

Roof size 1,180sq. ft.
Capacity 16.5kW DC
Electricity 22.2kkWh AC per yr.

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

For Chandler energy consumers, the average electric bill is $129.95 per month, with a usage of 1,238 kWh. Small apartments are also included in the statistics mentioned in the previous sentence. The lower energy use in these types of dwellings impacts those averages.

The average rate for electricity in Chandler, OK in October, 2024 is 10.49¢ per kWh.

If you’re a typical electricity user in Chandler you has to have a 10 kW or higher sized system to cover your full energy requirements. Upfront, a 10 kW setup is priced at $33,900, but after a 30% tax credit, the total cost is $23,730.

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Average solar panel costs by system size in Chandler

To the left side and below, there is the cost summary for multiple sizes of the solar panel systems installed in Chandler. Of course, with a more extensive solar system, you will have a larger initial investment, but the benefits consist of higher electricity savings and larger income tax credits.

In the solar panel cost calculator situated to the right and below, you can examine a cost and benefit breakdown to match an average $129.95electric bill in Chandler. Adjust the $129.95 to align with your average electricity bill payment for more tailored results.

System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $979 a year
Est. Price
$14,238
Savings from a 6kWthis system
  • Est. yearly production 9,788 kWh
  • Est. monthly savings $82
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 3.22 tons a year
  • Equivalent to planting 148 trees a year
  • Equivalent to driving 7,977 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,142 a year
Est. Price
$16,611
Savings from a 7kWthis system
  • Est. yearly production 11,420 kWh
  • Est. monthly savings $95
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 3.76 tons a year
  • Equivalent to planting 173 trees a year
  • Equivalent to driving 9,306 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,305 a year
Est. Price
$18,984
Savings from a 8kWthis system
  • Est. yearly production 13,051 kWh
  • Est. monthly savings $109
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 4.3 tons a year
  • Equivalent to planting 197 trees a year
  • Equivalent to driving 10,636 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,468 a year
Est. Price
$21,357
Savings from a 9kWthis system
  • Est. yearly production 14,683 kWh
  • Est. monthly savings $122
  • Full payback in 14 years
Environmental Impacts
  • Reduces CO2 emissions by 4.83 tons a year
  • Equivalent to planting 222 trees a year
  • Equivalent to driving 11,965 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,631 a year
Est. Price
$23,730
Savings from a 10kWthis system
  • Est. yearly production 16,314 kWh
  • Est. monthly savings $130
  • Full payback in 15 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

Chandler Solar Panel Installation Incentives & Rebates | 2024

With the REAP Grant, up to 100% and no less than 80% of the installation costs for solar or wind turbines may be covered for rural small business owners and farmers. If you believe yourself eligible, we recommend utilizing our REAP Grant eligibility tool to confirm your qualification.

Almost all homeowners can qualify for the 30% federal income tax credit for residential solar, making solar energy a sensible option in most parts of the country. Besides the federal incentives, state and local programs also work to boost solar energy uptake.

Multiple utilities and governmental bodies in Oklahoma offer 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?

If your intention is to stay in your home beyond the solar payback period, installing solar panels is a wise option in Chandler. In Chandler, OK, the installation of a 5 kW solar system can save you an average of $19,323 over 20 years, with an average break even point of 8 years.

The cost of not having solar panels in Chandler, OK

Without solar panels or another energy backup source, you lose out on the savings highlighted earlier and are completely dependent on your electric utility for power. Total dependence on your utility provider is not always ideal, as recent examples in the news have highlighted.

Annually, the average number of outages per customer in Chandler is about 1.46. On average, an outage lasts 151.07 minutes. When major events such as lightning strikes, construction accidents, or equipment failure occur, these durations can increase significantly

A solar panel system could alleviate the burden of future outages, even if it doesn't have a backup battery.

Power Outages

Currently, 0 customers are being tracked in Lincoln County.

Learn more

Customers Out:

0

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

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

Make & Model - Just like many products, solar panels are offered in a wide variety of makes and models. Given the certain brand preferences an installer might have, choosing a highly rated installer is crucial. For buyers seeking a better long-term experience, choosing superior quality models is critical.

Solar Panel Type - The industry standard is now monocrystalline panels, and rightly so. Even though they are costlier, they provide more energy. The majority of installers work with panels made from this material.

Your Property - Challenges like trees, sloping terrain, or additional obstacles can increase the difficulty of installing solar panels. Nowadays, solar installers frequently leverage satellite images to assess your home and incorporate these elements into the initial cost estimate.

Labor Rates - Differences in employee wages across companies result in expenses that are transferred to the consumers. Reviews for work and customer service are often higher for businesses that pay higher wages.

Permitting & Interconnection - Installation costs will be affected by regularly changing local permitting and utility interconnection fees, depending on the region. Good local installers will integrate these figures into your first estimates to prevent any surprises.

See what solar panels cost in other OK cities

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Who are the best solar installers in Chandler?

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.

Chandler, OK Solar Panel Cost FAQs

  • In October, 2024, the typical price per watt for solar panels in Chandler, OK is $3.39/W. After federal tax credits, the installation of a 5 kW solar panel system in Chandler, OK is estimated to cost $11,865.

  • There are 2 rebates and incentives available in Oklahoma from a range of utility providers and government organizations. Additionally, almost everyone is entitled to the 30% federal income tax credit.

  • Paying cash offers the most savings, yet there are several financing options available today for solar panels that are also beneficial. Many installers work with financing partners and will provide this information in your initial quotes.

  • Yes, homeowners in Chandler, OK generally see a payback time of 8 years for 5 kW solar panel systems, with electricity savings averaging $19,323 over a 20-year period.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01