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

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

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

As of October, 2024, the typical price to get solar panels in Moore, OK is $3.08/W.

Said another way, solar panel installations will cost you $3,080 per 1000 watts (1 kW) of production capacity. On average, the price for a 5 kW panel install in Moore, after a 30% federal tax credit, is $10,780. Be advised that a larger system could be needed to fulfill your energy demands.

To the left, you can choose your county to find the average roof size and the maximum capacity of solar panel systems for houses in your area. Below is a full breakdown of the 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.
Moore: $10,780US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Moore: 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.
Moore: $13,086US Average: $15,784

Solar Potential in Moore

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

Roof size 1,073sq. ft.
Capacity 15kW DC
Electricity 20.6kkWh AC per yr.

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

For Moore energy consumers, the average electric bill is $118.69 per month, with a usage of 1,087 kWh. Small homes, such as bungalows and apartments, are also included in the statistics mentioned in the former sentence.

In October 2024, the mean electricity rate in Moore, OK amounts to 10.92¢ per kWh.

In Moore, a typical electricity consumer's needs will usually be completely accounted for by a solar system of 8 kW or larger. The estimated cost for an 8 kW solar panel installation will be $24,640 upfront, but after a 30% federal tax credit, the price is $17,248.

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Average solar panel costs by system size in Moore

On your left, we have displayed a detailed cost analysis for various solar panel system sizes set up in Moore. A larger solar array will obviously cost more, but it will also offer more significant electricity savings and higher income tax credits.

The calculator to the right and below gives a detailed summary of solar panel costs and benefits, based on an average electric bill of $118.69 in Moore. By changing the $118.69 to your typical electricity bill, you can get tailored results.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $718 a year
Est. Price
$8,624
Savings from a 4kWthis system
  • Est. yearly production 6,526 kWh
  • Est. monthly savings $60
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 2.58 tons a year
  • Equivalent to planting 119 trees a year
  • Equivalent to driving 6,390 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $897 a year
Est. Price
$10,780
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 3.23 tons a year
  • Equivalent to planting 148 trees a year
  • Equivalent to driving 7,988 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,077 a year
Est. Price
$12,936
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 3.87 tons a year
  • Equivalent to planting 178 trees a year
  • Equivalent to driving 9,585 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,256 a year
Est. Price
$15,092
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 4.52 tons a year
  • Equivalent to planting 208 trees a year
  • Equivalent to driving 11,183 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,436 a year
Est. Price
$17,248
Savings from a 8kWthis system
  • Est. yearly production 13,051 kWh
  • Est. monthly savings $119
  • Full payback in 12 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

Moore 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 farmlands. Curious if you are eligible? Our REAP Grant eligibility tool can help you verify.

Due to the 30% federal income tax credit, residential solar installations are affordable for most people, rendering solar power a practical investment throughout various states. In addition to the federal incentives, state and local programs also seek to boost solar energy uptake.

There are 2 solar incentive and rebate initiatives in Oklahoma, provided by different utilities and governmental organizations.

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 live in your home beyond the time it takes to recoup your solar investment, adding solar panels in Moore is an excellent decision. Over a 20 year period, a 5 kW solar system in Moore, OK could save you around $17,705.6, with the average break even time being 8 years.

The cost of not having solar panels in Moore, OK

Without solar panels or another energy backup source, you miss out on the savings highlighted earlier and are entirely dependent on your electric utility for power. Complete reliance on your utility provider is not always ideal, as recent examples in the news have shown.

Customers in Moore have encountered around 0.88 outages per year on average. On average, the length of an outage is 63 minutes. Major events like tornadoes, equipment failure, or wildlife damage can cause these durations to rise considerably.

A solar panel system with (or without) a backup battery could relieve the stress of future outages you experience.

Power Outages

Currently, 0 customers are being tracked in Cleveland County.

Learn more

Customers Out:

0

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

Your Energy Needs - The cost per watt decreases with larger solar panel systems, even if the upfront cost is larger. For most homeowners, installing a system that can make enough power to fully offset their entire electric bill is advantageous, providing significant savings.

Make & Model - There are a variety of makes and models of solar panels. Your installer’s potential brand preferences make it essential to choose a recommended company. The selection of better makes and models can substantially improve the long-term experience for buyers.

Solar Panel Type - It's clear why monocrystalline panels are now the preferred option in the industry. They are pricier but generate more energy. Many professionals in solar installation use panels made from this material.

Your Property - Each home and property is unique in its own way. Trees, uneven land, or additional hurdles may complicate the installation. Most solar installers today are able to utilize satellite imagery to assess your home and factor in these elements in the initial cost estimate.

Labor Rates - The pay that various companies offer their employees differ, and these costs are borne by the consumers. Businesses frequently get higher reviews for their work and customer service when they pay better wages.

Permitting & Interconnection - The local permitting and utility interconnection fees, which vary by region, will affect your final installation price. Quality local installers will include these figures in your first estimates to guarantee transparency.

See what solar panels cost in other OK cities

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Who are the best solar installers in Moore?

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.

Moore, OK Solar Panel Cost FAQs

  • The cost per watt for solar panels in Moore, OK during October of 2024 averages $3.08/W. For a 5 kW solar panel system, the total cost in Moore, OK after federal tax credits is around $10,780.

  • As of now, there are 2 rebates and incentives offered by various utilities and government entities in Oklahoma. In addition, the 30% federal income tax credit is available to almost everyone.

  • Even though paying cash offers the most savings, there are now multiple financing options for solar panels that also make financial sense. Installers will often provide details on financing partners in the quotes they provide initially.

  • Yes, in Moore, OK, 5 kW solar panel systems usually pay off in 8 years, providing an average electricity cost savings of $17,705.6 over a 20-year period.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01