Solar Panels Cost 9.3k-18k in Grove, OK | October, 2024

Solar Panels Cost $9.3k-$18k in Grove, OK | October, 2024

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

During October, 2024, the average cost for going solar in Grove, OK was $3.35/W.

This means that, solar panels will cost you about $3,350 per 1 kW (or 1000 watts) of production capacity. After subtracting the 30% federal tax credit, a 5 kW system in Grove typically costs $11,725. To ensure your energy requirements are met, you may need a larger system.

On the left-hand side, you can select your county to see the typical roof size and the maximum capacity for solar panels in residences in your area. Below is a breakdown 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.
Grove: $11,725US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Grove: 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.
Grove: $17,330US Average: $15,784

Solar Potential in Grove

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

Roof size 876sq. ft.
Capacity 12.25kW DC
Electricity 15.5kkWh AC per yr.

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

The typical kWh usage for a Grove resident is 1,060 monthly, with an average electric bill of $142.00. Consider that this statistic includes smaller residences including apartments, known for lower energy use.

Grove, OK's electricity rate is 13.4¢ per kWh in October 2024.

An average energy consumer in Grove must have a solar power system of at least 8 kW to account for their entire energy needs. Upfront, an 8 kWsolar installation will cost about $26,800, with the 30% tax credit, the price drops to $18,760.

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Average solar panel costs by system size in Grove

Displayed on the left side, is a comprehensive cost summary of the different sizes of solar panel systems set up in Grove. A larger solar array will expectedly cost more, but it will also yield more significant electricity savings and increased income tax credits.

The calculator down and to the right gives a detailed summary of solar panel costs and benefits, based on an average electric bill of $142.00 in Grove. If you prefer more tailored results, just modify the $142.00 to what your average electricity bill is.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $848 a year
Est. Price
$9,380
Savings from a 4kWthis system
  • Est. yearly production 6,526 kWh
  • Est. monthly savings $71
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 2.56 tons a year
  • Equivalent to planting 117 trees a year
  • Equivalent to driving 6,329 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,060 a year
Est. Price
$11,725
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 3.2 tons a year
  • Equivalent to planting 147 trees a year
  • Equivalent to driving 7,911 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,273 a year
Est. Price
$14,070
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 3.84 tons a year
  • Equivalent to planting 176 trees a year
  • Equivalent to driving 9,493 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,485 a year
Est. Price
$16,415
Savings from a 7kWthis system
  • Est. yearly production 11,420 kWh
  • Est. monthly savings $124
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 4.47 tons a year
  • Equivalent to planting 206 trees a year
  • Equivalent to driving 11,076 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,697 a year
Est. Price
$18,760
Savings from a 8kWthis system
  • Est. yearly production 13,051 kWh
  • Est. monthly savings $141
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 5.11 tons a year
  • Equivalent to planting 235 trees a year
  • Equivalent to driving 12,658 mi less a year

Grove Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant can potentially cover between 80% and 100% of the installation costs for photovoltaic or wind turbines for rural small businesses and farms. Curious if you are eligible? Our REAP Grant eligibility tool can help you find out.

For those looking into residential solar, the 30% federal income tax credit is available to almost all homeowners, which makes solar a sensible option in various states. Apart from the federal incentives, state and local programs also aim to boost solar energy uptake.

In Oklahoma, different utilities and government bodies offer 2 solar rebate and incentive initiatives.

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 live in your home beyond the payback period of your solar system, solar panels are an clear choice in Grove. A 5 kW solar system in Grove, OK could potentially save you $22,355 over the course of 20 years, with the break even point usually at 7 years.

The cost of not having solar panels in Grove, OK

Without solar panels or another energy backup source, you miss out on the savings discussed earlier and are completely dependent on your electric utility for power. As illustrated in numerous recent news reports, total dependence on your utility is not always ideal.

Each year, utility customers in Grove have faced an average of 1.53 outages per year. On average, an outage lasts 195.02 minutes. Major events such as planned maintenance, overloaded power grids or hurricanes can significantly extend these time frames.

A solar panel system, with or without a backup battery, could help mitigate the effects of future outages you might experience.

Power Outages

Currently, 0 customers are being tracked in Delaware County.

Learn more

Customers Out:

0

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

Your Energy Needs - Larger solar panel systems have a higher initial cost, yet the average cost per watt falls as the system size expands. It is often beneficial for homeowners to install a solar system that can generate enough electricity to completely replace their electric bill, which results in significant savings.

Make & Model - There are a range of makes and models of solar panels. Considering the brand preferences that your installer may have, it's essential to choose a reputable contractor. Selecting better quality materials usually provides a more positive long-term experience for the buyer.

Solar Panel Type - For several valid reasons, monocrystalline panels are now the industry standard. Despite the higher price tag, these panels provide greater energy output. Many installation experts use panels constructed from this material.

Your Property - Factors such as trees, uneven landscapes, or additional hurdles may cause the installation to be more difficult. These days, the majority of solar installers can leverage satellite imagery to assess your home and factor in these aspects into the first cost estimate.

Labor Rates - Companies compensate their employees in varying amounts, and these costs are passed down to consumers. Businesses paying more to their employees often receive higher reviews for their services and customer service.

Permitting & Interconnection - Depending on the area, local permitting and utility interconnection fees will impact the cost of your installation. Experienced local installers will include these figures in your initial estimates to guarantee transparency.

See what solar panels cost in other OK cities

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Who are the best solar installers in Grove?

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.

Grove, OK Solar Panel Cost FAQs

  • As of October, 2024, the average per-watt cost for solar panels in Grove, OK is $3.35/W. Post federal tax credit, a 5 kW solar panel system installation in Grove, OK will roughly cost $11,725.

  • Currently, Oklahoma residents can benefit from 2 rebates and incentives available through various utilities and government bodies. Also, nearly everyone can take advantage of the 30% federal tax credit.

  • Paying cash will lead to the most savings, but currently there are multiple options for financing solar panels that make great money sense as well. Installers frequently offer financing options and will include them in your initial quotes.

  • Yes, the payback period for 5 kW solar energy systems in Grove, OK averages 7 years, with electricity savings of about $22,355 over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01