Solar Panels Cost 8.6k-17k in Coweta, OK | October, 2024

Solar Panels Cost $8.6k-$17k in Coweta, OK | October, 2024

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

For solar panels in Coweta, OK, the cost per watt in October, 2024 is around $3.1/W.

Put another way, for every 1000 watts (or 1 Kw) your system can generate you will spend $3,100 to get your system installed in . A 5 kW solar panel system in Coweta averages about $10,850 after accounting for the 30% federal income tax credit. Please consider, a 5kW system may not be enough to fulfill your energy needs.

To the left, you can select your county to determine the typical roof size and average maximum capacity for solar panels on homes in your area. Displayed below is an overview of the costs, 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.
Coweta: $10,850US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Coweta: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Coweta: $16,950US Average: $15,784

Solar Potential in Coweta

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

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

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

The typical electricity usage in Coweta is 1,017 kWh per month, resulting in a $135.21 monthly electric bill average. Compact apartments are also encompassed in the figures cited in the prior sentence. The lower energy use in these types of dwellings impacts those averages.

For October 2024, the mean electricity rate in Coweta, OK amounts to 13.29¢ per kWh.

In Coweta, a system size of 8 kW or more is required for the average energy consumer to satisfy their entire power consumption needs. The cost for aan 8 kW solar setup comes to $24,800 upfront, but after the 30% tax credit, the total cost drops to $17,360.

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Average solar panel costs by system size in Coweta

On the left side below, the pricing details for multiple sizes of the solar panel systems installed in Coweta is displayed. When you opt for a bigger solar system, the cost is larger, but it also results in higher electricity savings and a more substantial income tax credit.

Using the solar panel cost calculator located down and to the right, you can view a detailed cost and benefit analysis based on an average electric bill of $135.21 in Coweta. If you seek more customized results, just adjust the $135.21 to whichever your typical electricity bill is.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $848 a year
Est. Price
$8,680
Savings from a 4kWthis system
  • Est. yearly production 6,526 kWh
  • Est. monthly savings $71
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 3.52 tons a year
  • Equivalent to planting 162 trees a year
  • Equivalent to driving 8,723 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,060 a year
Est. Price
$10,850
Savings from a 5kWthis system
  • Est. yearly production 8,157 kWh
  • Est. monthly savings $88
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 4.41 tons a year
  • Equivalent to planting 202 trees a year
  • Equivalent to driving 10,904 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,273 a year
Est. Price
$13,020
Savings from a 6kWthis system
  • Est. yearly production 9,788 kWh
  • Est. monthly savings $106
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 5.29 tons a year
  • Equivalent to planting 243 trees a year
  • Equivalent to driving 13,084 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,485 a year
Est. Price
$15,190
Savings from a 7kWthis system
  • Est. yearly production 11,420 kWh
  • Est. monthly savings $124
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 6.17 tons a year
  • Equivalent to planting 283 trees a year
  • Equivalent to driving 15,265 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,697 a year
Est. Price
$17,360
Savings from a 8kWthis system
  • Est. yearly production 13,051 kWh
  • Est. monthly savings $135
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 6.73 tons a year
  • Equivalent to planting 309 trees a year
  • Equivalent to driving 16,657 mi less a year

Coweta 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 believe you might qualify, we suggest trying our REAP Grant eligibility tool to check.

Nearly all residents are eligible for the 30% federal income tax credit for residential solar, making it a feasible option in numerous states throughout the country. Additionally, a variety of state and local programs are available to promote solar adoption.

There are 2 solar rebate and incentive programs currently offered in Oklahoma by multiple 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 intend to own your residence longer than the solar system's payback period, solar panels are a wise investment in Coweta. A 5 kW solar system in Coweta, OK could potentially save you $21,600.4 over the course of 20 years, with the break even point usually at 7 years.

The cost of not having solar panels in Coweta, OK

In addition to forgoing the savings, the absence of solar panels or another backup energy source results in full dependence on your electric utility for your power needs. As recent examples in the news have shown, full reliance on your utility provider isn't always the best idea.

Annually, the average number of outages per customer in Coweta is about 1.29. The average length of an outage is 190.54 minutes. In events like winter storms, wildlife damage, or equipment failure, this duration can extend significantly.

Even without a backup battery, a solar panel system can help mitigate the strain of future outages you may face.

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 Coweta, OK?

Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt decreases as the system size increases. A lot of people find it useful to set up a solar energy system that can offset their entire electric bill. This results in maximum savings.

Make & Model - There are numerous brands and models of solar panels. The preferences for system that your contractor has may make it essential to choose a reputable installer. The use of superior models is probably will result in a more satisfactory long-term experience for buyers.

Solar Panel Type - There are valid reasons why monocrystalline panels are now considered the industry standard. Although they are pricier, they provide increased energy. Most installers work with panels crafted of this material.

Your Property - Every home and property differs in its own way. Challenges such as trees, sloped land, or additional considerations can increase the difficulty of installing solar panels. By using satellite imagery, solar installers can currently assess your home and include these considerations into the first cost estimate.

Labor Rates - The wage differences between companies result in costs that are passed on to the consumers. Higher reviews for services and customer service are often associated with businesses that pay higher wages.

Permitting & Interconnection - The cost of installation will vary depending on local permitting and utility interconnection fees. Experienced local installers will include these figures in your initial estimates to provide transparency.

See what solar panels cost in other OK cities

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Who are the best solar installers in Coweta?

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.

Coweta, OK Solar Panel Cost FAQs

  • As of October, 2024, the average per-watt cost for solar panels in Coweta, OK is $3.1/W. Post federal tax credit, a 5 kW solar panel system installation in Coweta, OK will roughly cost $10,850.

  • Currently, Oklahoma residents can benefit from 2 rebates and incentives available through various utilities and government bodies. Additionally, the vast majority qualify for the 30% federal tax credit.

  • Paying cash yields the most savings, but there are now numerous financing options for solar panels that are also financially beneficial. Financing details are often provided by installers and may be detailed in your initial quotes.

  • Yes, the payback period for 5 kW solar energy systems in Coweta, OK averages 7 years, with electricity savings of about $21,600.4 over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01