Solar Panels Cost 9.0k-18k in Claremore, OK | November, 2024

Solar Panels Cost $9.0k-$18k in Claremore, OK | November, 2024

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

For the month of November, 2024, the price per watt of solar systems in Claremore, OK is $3.24/W, on average.

Utilizing the rate, we can conclude that for every 1 kW (1000 watts) of solar power capacity will cost you $3,240 for installation. After receiving the 30% federal tax credit, you will pay around $11,340, in Claremore, for a 5 kW solar installation. A more powerful system could be needed to adequately cover your energy consumption effectively.

By selecting your county on the left, you can find the average roof size and the average maximum capacity for residential solar panel systems in your area. Find below a detailed summary of the {price|costs, payback period, and 20-year average savings for a 5 kW system installed in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Claremore: $11,340US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Claremore: 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.
Claremore: $19,565US Average: $16,169

Solar Potential in Claremore

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

Roof size 715sq. ft.
Capacity 10kW DC
Electricity 12.8kkWh AC per yr.

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

In Claremore, the typical kWh usage is 1,005 per month, and the electric bill is $149.02. It is crucial to understand that this number encompasses the energy consumption of apartments and smaller homes.

The average rate for electricity in Claremore, OK during November, 2024 is 14.83¢ per kWh.

To meet their entire power requirements of a typical user in Claremore, a solar system of 8 kW or more is required. The expense for aan 8 kW solar installation is approximately $25,920 upfront, but with a 30% tax credit, the price decreases to $18,144.

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Average solar panel costs by system size in Claremore

To the left, you will find a cost breakdown for different solar panel system sizes installed in Claremore. The investment for a bigger solar panel setup is higher, but it also offers higher electricity savings and more substantial income tax credits.

The solar panel cost and benefit breakdown, visible in the calculator to the right and below, is based on an average electric bill of $149.02 in Claremore. Easily change the $149.02 to your average electricity bill for customized results.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $979 a year
Est. Price
$9,072
Savings from a 4kWthis system
  • Est. yearly production 6,526 kWh
  • Est. monthly savings $82
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.84 tons a year
  • Equivalent to planting 130 trees a year
  • Equivalent to driving 7,025 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,224 a year
Est. Price
$11,340
Savings from a 5kWthis system
  • Est. yearly production 8,157 kWh
  • Est. monthly savings $102
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.55 tons a year
  • Equivalent to planting 163 trees a year
  • Equivalent to driving 8,782 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,468 a year
Est. Price
$13,608
Savings from a 6kWthis system
  • Est. yearly production 9,788 kWh
  • Est. monthly savings $122
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 4.26 tons a year
  • Equivalent to planting 196 trees a year
  • Equivalent to driving 10,538 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,713 a year
Est. Price
$15,876
Savings from a 7kWthis system
  • Est. yearly production 11,420 kWh
  • Est. monthly savings $143
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.97 tons a year
  • Equivalent to planting 228 trees a year
  • Equivalent to driving 12,294 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,958 a year
Est. Price
$18,144
Savings from a 8kWthis system
  • Est. yearly production 13,051 kWh
  • Est. monthly savings $149
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 5.18 tons a year
  • Equivalent to planting 238 trees a year
  • Equivalent to driving 12,833 mi less a year

Claremore Solar Panel Installation Incentives & Rebates | 2024

For rural farms and small businesses, the REAP Grant might currently cover between 80% and 100% of the expenses for installing photovoltaic or wind energy systems. If you think you might qualify, we suggest trying our REAP Grant eligibility tool to confirm.

Nearly all residents are eligible for the 30% federal income tax credit for residential solar, making it a practical option in numerous states across the country. Furthermore, many regional and state programs are set up to get more people to adopt solar power.

Different utilities and governmental organizations in Oklahoma offer 2 solar rebate and incentive programs.

Solar incentives in OK

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?

For homeowners in Claremore planning to stay beyond the payback period of their solar system, solar panels are the obvious choice. In Claremore, OK, the installation of a 5 kW solar system can save you an average of $24,424.8 over 20 years, with an average break even point of 6 years.

The cost of not having solar panels in Claremore, OK

Forgoing solar panels or an alternative backup energy source results in you'll miss out on the savings mentioned before and be fully dependent on your electric utility for power. Complete dependence on your utility company isn't always the best condition, as recent media examples have revealed.

On a yearly basis, the average number of outages per customer in Claremore has been 3.25. Typically, outages have an average duration of 242.98 minutes. However, during significant events such as earthquakes, aging infrastructure, or planned maintenance, these times can drastically increase.

Whether or not a backup battery is included, a solar panel system could reduce the impact of future power outages you might experience.

Power Outages

Currently, 0 customers are being tracked in Rogers County.

Learn more

Customers Out:

0

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

Your Energy Needs - Despite the greater initial expense, the cost per watt declines when using larger solar panel systems. Many consumers realize it's a great idea to set up a solar system that can produce enough power to fully cover their electric bill, because it helps them save more money.

Make & Model - Just like other products, solar panels and mounting equipment are offered in a range of makes and models. The potential brand preferences of your installer mean that it is it is even more vital to choose a reputable company. Higher grade materials typically result in an better long-term experience for the buyer.

Solar Panel Type - Monocrystalline panels have become the industry standard, and it's not hard to see why. They come with a higher price but are better at generating energy. The majority of solar panel installers use panels made of this type of material.

Your Property - Each property and home has its own unique features. Trees, irregular terrain, or additional challenges may add to the difficulty of the installation. Using satellite imagery, solar installers can today assess your home and include these elements into the first cost estimate.

Labor Rates - Companies pay varying pay rates to their employees, which are then passed on to the prices consumers pay. Higher wages frequently lead to businesses getting better reviews for their services and customer service.

Permitting & Interconnection - Local permitting and utility interconnection fees, which change by area, will impact your installation cost. Reputable local installers will include these figures in your first estimates to ensure transparency.

See what solar panels cost in other OK cities

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Who are the best solar installers in Claremore?

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

SunPro Solar

Mandeville, LA(866) 599-3643

Services

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

Dividend Finance

Cincinnati, OH(415) 805-7000

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

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

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Engie North America

Houston, TX(713) 636-1900

Services

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

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.

Claremore, OK Solar Panel Cost FAQs

  • The average solar panel cost in Claremore, OK as of November, 2024 is estimated at $3.24/W. Post federal tax credit, a 5 kW solar panel system installation in Claremore, OK will roughly cost $11,340.
  • Right now, Oklahoma has 2 rebates and incentives available through a variety of utility companies and government entities. Also, nearly everyone can take advantage of the 30% federal tax credit.
  • Although cash payments provide the greatest savings, several financing options for solar panels now exist that are also cost-effective. Financing options are often provided by installers and may be included in your initial quotes.
  • Yes, the typical payback time for 5 kW solar panel systems in Claremore, OK is 6 years, and the expected electricity cost savings over 20 years is $24,424.8.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-11-04