Solar Panels Cost 10k-19k in Harrah, OK | October, 2024

Solar Panels Cost $10k-$19k in Harrah, OK | October, 2024

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

Going solar in Harrah, OK averages out to $3.1 per watt in October, 2024.

Utilizing the cost, we are able to come to the conclusion that for every 1 kW (1000 watts) your solar system can generate, you will need to spend, on average, $3,100 to have it installed. Taking into consideration the 30% federal tax credit, a 5 kW panel install in Harrah typically costs $10,850. It should be noted that a bigger system might be necessary to adequately cover your energy demands.

By selecting your county on the left, you can find out the average roof size and the average maximum capacity for residential solar panel systems in your area. You can review the price, payback period, and 20-year average savings for a 5 kW system in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Harrah: $10,850US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Harrah: 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.
Harrah: $13,334US Average: $15,784

Solar Potential in Harrah

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

Roof size 983sq. ft.
Capacity 13.75kW DC
Electricity 18.7kkWh AC per yr.

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

Energy consumers in Harrah usually pay $120.14 per month for electricity, with a typical monthly usage of1,096 kWh. This statistic also reflects data from apartments and smaller housing units, which typically use less energy consumption.

In October 2024, the electricity rate in Harrah, OK is on average 10.96¢ per kWh.

Average citizens in Harrah may need a solar power system with a capacity of 9 kW or more to take care of their entire electricity usage requirements. Right now, a 9 kW setup will cost around $27,900 upfront, with the 30% federal tax credit, the cost lowers to $19,530.

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Average solar panel costs by system size in Harrah

On the left side below, you can find a detailed cost breakdown for various solar panel system sizes set up in Harrah. When you choose a more extensive solar system, the cost is greater, but it also leads to more significant electricity savings and a more substantial income tax credit.

In the calculator provided below and to the right, you will find a breakdown of solar panel costs and benefits, calculated with an average $120.14 electric bill for Harrah. More tailored results can be achieved by modifying the $120.14 to your usual bill amount.

System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $897 a year
Est. Price
$10,850
Savings from a 5kWthis system
  • Est. yearly production 8,157 kWh
  • Est. monthly savings $75
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 3.2 tons a year
  • Equivalent to planting 147 trees a year
  • Equivalent to driving 7,921 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,077 a year
Est. Price
$13,020
Savings from a 6kWthis system
  • Est. yearly production 9,788 kWh
  • Est. monthly savings $90
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 3.84 tons a year
  • Equivalent to planting 176 trees a year
  • Equivalent to driving 9,506 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,256 a year
Est. Price
$15,190
Savings from a 7kWthis system
  • Est. yearly production 11,420 kWh
  • Est. monthly savings $105
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 4.48 tons a year
  • Equivalent to planting 206 trees a year
  • Equivalent to driving 11,090 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,436 a year
Est. Price
$17,360
Savings from a 8kWthis system
  • Est. yearly production 13,051 kWh
  • Est. monthly savings $120
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 5.12 tons a year
  • Equivalent to planting 235 trees a year
  • Equivalent to driving 12,674 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,615 a year
Est. Price
$19,530
Savings from a 9kWthis system
  • Est. yearly production 14,683 kWh
  • Est. monthly savings $120
  • Full payback in 14 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

Harrah Solar Panel Installation Incentives & Rebates | 2024

Rural small businesses and farms can benefit from the REAP Grant, which may cover between 80% and 100% of your solar energy or wind turbine installation costs. To determine your eligibility, use our REAP Grant eligibility tool.

Almost all residents are eligible for the 30% federal income tax credit for residential solar, which makes it a feasible option in various states in the country. A variety of regional and state programs are available to encourage solar energy adoption.

There are 2 solar rebate and incentive programs currently offered in Oklahoma by multiple utilities and government bodies.

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 Harrah who expect to stay in their residence beyond the solar payback period, solar panels make an excellent investment. A 5 kW solar system in Harrah, OK might save you an average of $17,983.6 over 20 years, with the break even point typically being 8 years.

The cost of not having solar panels in Harrah, 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. The news has recently pointed out that total reliance on your utility is not always ideal.

Annually, customers in Harrah have encountered approximately 1.04 utility outages.Yearly, customers in Harrah have encountered approximately 1.04 utility outages. On average, the length of an outage is 133.2 minutes. Major events like grid management errors, earthquakes or construction accidents can cause these durations to rise considerably.

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

Power Outages

Currently, 0 customers are being tracked in Oklahoma County.

Learn more

Customers Out:

0

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

Your Energy Needs - While the upfront cost is greater, the price per watt decreases with larger solar panel systems. Homeowners often discover that setting up a solar system to fully cover their electric bill is a smart choice, leading to the most savings.

Make & Model - Similar to other products, solar panels come in a range of makes and models. Considering the brand preferences that your installer may have, it's crucial to pick a recommended contractor. The employment of high-quality materials is likely to yield a more positive long-term experience for buyers.

Solar Panel Type - It's clear why monocrystalline panels are now the standard in the industry. These panels cost more but yield more energy. Many installers in the industry utilize panels constructed from this material.

Your Property - Each property and residence is unique. Issues like trees, irregular terrain, or additional considerations may add to the complexity of the installation. Most solar installers currently use satellite imagery to assess your home and factor in these considerations into the preliminary 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 frequently higher for businesses that pay higher wages.

Permitting & Interconnection - The local permitting and utility interconnection fees, which differ by region, will impact your final installation price. Quality installers will factor these costs into your first quotes to prevent unexpected expenses.

See what solar panels cost in other OK cities

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Who are the best solar installers in Harrah?

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.

Harrah, OK Solar Panel Cost FAQs

  • The typical cost per watt for solar panels in Harrah, OK as of October, 2024 is $3.1/W. With the federal tax credit, the cost of a 5 kW solar panel system in Harrah, OK drops to roughly $10,850.
  • If you live in Oklahoma, you can find 2 rebates and incentives through different utilities and government agencies. On top of that, most individuals are eligible for the 30% federal income tax credit.
  • Cash payments offer the highest savings, yet multiple financing options now available for solar panels are financially beneficial as well. Many installers have partnerships with financing companies and will provide this information in your initial quotes.
  • Yes, the average 5 kW solar panel payback period in Harrah, OK stands at 8 years, yielding average electricity savings of $17,983.6 over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01