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

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

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

As of October, 2024, the current cost to get solar panels installed in Idabel, OK is $3.08 per watt.

Said another way, for every 1000 watts (or 1 Kw) your system can generate you will spend $3,080 to get your system installed in . When you deduct the 30% federal tax credit, you can expect to spend approximately $10,780 for a 5 kW solar setup in Idabel. It's vital to consider that a higher capacity system might be essential to fulfill your energy needs.

On the left, you can choose your county to view the average roof size and the maximum capacity for residential solar on houses in your area. You can also see an outline of the costs, 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.
Idabel: $10,780US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Idabel: 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.
Idabel: $18,560US Average: $15,784

Solar Potential in Idabel

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

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

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

For Idabel energy consumers, the typical electric bill is $141.50 per month, with a usage of 1,032 kWh. Smaller dwellings, such as townhouses and condos, are also covered in the statistics mentioned in the preceding sentence.

Idabel, OK's electricity rate is 13.71¢ per kWh in October 2024.

If you’re a typical electricity consumer in Idabel you has to have an 8 kW or higher sized system to take care of all of your energy usage demands. Initially, an 8 kWsetup will cost about $24,640, but with a 30% federal tax credit, the price drops to $17,248.

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Average solar panel costs by system size in Idabel

To the left side and below, there is the pricing details for multiple sizes of the solar panel systems set up in Idabel. Naturally, with a larger solar system, there will be a larger initial investment, but the advantages include greater energy savings and larger income tax credits.

The solar panel cost calculator, located to the right and below, offers a cost and benefit breakdown using an average $141.50 electric bill for Idabel. To get personalized results, adjust the $141.50 to align with your typical electricity payment.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $914 a year
Est. Price
$8,624
Savings from a 4kWthis system
  • Est. yearly production 6,526 kWh
  • Est. monthly savings $76
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.75 tons a year
  • Equivalent to planting 126 trees a year
  • Equivalent to driving 6,816 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,142 a year
Est. Price
$10,780
Savings from a 5kWthis system
  • Est. yearly production 8,157 kWh
  • Est. monthly savings $95
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.44 tons a year
  • Equivalent to planting 158 trees a year
  • Equivalent to driving 8,520 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,370 a year
Est. Price
$12,936
Savings from a 6kWthis system
  • Est. yearly production 9,788 kWh
  • Est. monthly savings $114
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 4.13 tons a year
  • Equivalent to planting 190 trees a year
  • Equivalent to driving 10,224 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,599 a year
Est. Price
$15,092
Savings from a 7kWthis system
  • Est. yearly production 11,420 kWh
  • Est. monthly savings $133
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.82 tons a year
  • Equivalent to planting 221 trees a year
  • Equivalent to driving 11,928 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,827 a year
Est. Price
$17,248
Savings from a 8kWthis system
  • Est. yearly production 13,051 kWh
  • Est. monthly savings $142
  • Full payback in 10 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

Idabel Solar Panel Installation Incentives & Rebates | 2024

If you own a agricultural property or small business in a rural area, the REAP Grant could cover between 80% and 100% of your solar or wind turbine installation costs. Think you are eligible? Use our REAP Grant eligibility tool to see if you are eligible.

For those looking into residential solar, the 30% federal income tax credit is offered to nearly everyone, making solar a feasible option in various states. A number of state and local efforts are set up to enhance the adoption of solar energy.

Oklahoma residents have access to 2 solar rebate and incentive initiatives from multiple utilities and governmental 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're planning to stay in your home past the period required to pay back your solar investment, choosing solar panels is a wise decision in Idabel. Having a 5 kW solar system in Idabel, OK can potentially save you roughly $23,180 over a span of 20 years, with an average break even point of 6 years.

The cost of not having solar panels in Idabel, OK

Skipping the installation of solar panels or an alternative backup energy source results in missing the earlier mentioned savings and total reliance on your electric utility for power. As recent news articles have pointed out, full dependence on your utility provider isn't always ideal.

Yearly, customers in Idabel face approximately 1.49 outages every year. On average, the length of an outage is 225.8 minutes. Major events like winter storms, wildlife damage, or grid management errors can cause these durations to rise considerably.

A solar panel system with (or without) a backup battery could reduce the strain of future outages you face.

Power Outages

Currently, 0 customers are being tracked in McCurtain County.

Learn more

Customers Out:

0

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

Your Energy Needs - Larger solar panel systems have a higher upfront cost, but the cost per watt decreases as the system size increases. It is often beneficial for consumers to install a solar system that can generate enough electricity to fully cover their electric bill, which leads to substantial savings.

Make & Model - Like many other products, there are different makes and models of solar panels to choose from. Your installer’s potential system preferences make it essential to select a recommended contractor. For consumers wanting a better long-term experience, choosing superior quality equipment is essential.

Solar Panel Type - Monocrystalline panels have emerged as the standard in the industry, and rightly so. Although the cost is higher, they deliver more energy. The majority of installers use these kinds of panels.

Your Property - Challenges such as irregular terrain, trees, or other obstructions can increase the difficulty of installing solar panels. Solar installers now have the ability to use satellite images to evaluate your home and factor in these considerations in the first cost estimate.

Labor Rates - The differing wages that companies give their employees result in costs that are inevitably transferred to consumers. Businesses that invest in higher wages typically see higher reviews for their work and customer service.

Permitting & Interconnection - Your installation cost will be influenced by area-specific permitting and utility interconnection fees. Quality local installers will integrate these figures into your initial 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 Idabel?

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.

Idabel, OK Solar Panel Cost FAQs

  • As of October, 2024, the average solar panel installation cost in Idabel, OK has reached $3.08/W. After federal tax credits, the installation of a 5 kW solar panel system in Idabel, OK is estimated to cost $10,780.

  • Residents of Oklahoma can currently take advantage of 2 rebates and incentives offered by various utilities and government bodies. Additionally, the vast majority qualify for the 30% federal tax credit.

  • Opting for cash payments provides the highest savings, but there are now numerous financing options for solar panels that are financially sensible. Many installers have partnerships with financing companies and will provide this information in your initial quotes.

  • Yes, on average, 5 kW solar panels in Idabel, OK pay for themselves in 6 years, with homeowners saving approximately $23,180 on electricity over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01