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

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

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

You'll pay approximately $3.12/W to go solar in Muskogee, OK in the month of October, 2024.

You should expect to spend $3,120, on average, for every 1 kW (or 1000 watts) of solar energy your panels can generate. In Muskogee, a 5 kW solar setup will require you to pay, on average, $10,920 after the 30% federal income tax credit. Your electricity use habits might need a larger system.

On the left-hand side, you can choose your county to find out the typical roof size and the maximum capacity for solar panels in residences in your area. The following outline, below, highlights 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.
Muskogee: $10,920US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Muskogee: 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.
Muskogee: $13,008US Average: $15,784

Solar Potential in Muskogee

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

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

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

For Muskogee energy consumers, the typical electric bill is $119.20 per month, with a usage of 1,091 kWh. Compact apartments are also encompassed in the statistics mentioned in the previous sentence. The lower energy use in these types of residences impacts those averages.

The average electricity rate in Muskogee, OK in October 2024 is 10.92¢ per kWh.

To satisfy the electricity consumption of a typical consumer in Muskogee, a solar system of 9 kW or more is necessary. Presently, a 9 kW solar installation will cost you roughly $28,080at first, but thanks to the 30% federal tax credit, you get a 30% reimbursement, lowering the price to $19,656.

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Average solar panel costs by system size in Muskogee

Located below and to the left, there is the cost summary for multiple sizes of the solar panel systems set up in Muskogee. Bigger solar installations carry a larger expense, yet they also yield greater electricity savings and higher income tax credits.

The solar panel cost calculator, located to the right and below, provides a breakdown of costs and benefits using an average $119.20 electric bill for Muskogee. If you prefer more customized results, just modify the $119.20 to whatever your average electricity bill is.

System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $897 a year
Est. Price
$10,920
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 4.21 tons a year
  • Equivalent to planting 194 trees a year
  • Equivalent to driving 10,431 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,077 a year
Est. Price
$13,104
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 5.06 tons a year
  • Equivalent to planting 232 trees a year
  • Equivalent to driving 12,517 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,256 a year
Est. Price
$15,288
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 5.9 tons a year
  • Equivalent to planting 271 trees a year
  • Equivalent to driving 14,603 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,436 a year
Est. Price
$17,472
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 6.71 tons a year
  • Equivalent to planting 308 trees a year
  • Equivalent to driving 16,601 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,615 a year
Est. Price
$19,656
Savings from a 9kWthis system
  • Est. yearly production 14,683 kWh
  • Est. monthly savings $119
  • Full payback in 14 years
Environmental Impacts
  • Reduces CO2 emissions by 6.71 tons a year
  • Equivalent to planting 308 trees a year
  • Equivalent to driving 16,601 mi less a year

Muskogee Solar Panel Installation Incentives & Rebates | 2024

Between 80% and 100% of your solar energy or wind turbine installation costs may be covered by the REAP Grant if you own a rural small business or farm. If you believe yourself eligible, we recommend using our REAP Grant eligibility tool to confirm your qualification.

Most residents can take advantage of a 30% federal income tax credit for residential solar, which makes it a feasible option in various areas of the United States. In addition, numerous state and local programs work to further encourage the adoption of solar power.

Different utilities and government organizations in Oklahoma have 2 solar rebate and incentive programs.

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 good investment in Muskogee. Over a 20 year period, a 5 kW solar system in Muskogee, OK could save you approximately $17,688, with the average break even time being 8 years.

The cost of not having solar panels in Muskogee, OK

Besides missing out on the previously mentioned savings, not having solar panels or any backup energy system leaves you totally reliant on your electric utility for power. As demonstrated by recent news, total dependence on your utility isn't always the most favorable situation.

Lately, utilities in Muskogee have reported an average of 1.43 outages per customer annually. On average, each outage lasts for 155.52 minutes. Major events like tornadoes, equipment failure, or wildlife damage can considerably extend these durations.

Regardless of whether a backup battery is there or not, a solar panel system could reduce the pressure of potential future outages.

Power Outages

Currently, 0 customers are being tracked in Muskogee County.

Learn more

Customers Out:

0

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

Your Energy Needs - Even though larger solar panel systems have a higher initial cost, the cost per watt declines. Many consumers find it advantageous to install a system that can generate enough electricity to offset the entirety of their electric bill. This math makes the most sense for optimal savings.

Make & Model - Just like any other product, solar panels and mounting equipment are available in a variety of makes and models. The potential brand preferences of your chosen installer make it crucial to pick a recommended contractor. Opting for better quality equipment usually provides a more satisfying long-term experience for the buyer.

Solar Panel Type - Monocrystalline panels have become the industry standard, and for good reason. They are costlier but generate more energy. Most professionals in solar installation work with panels crafted from this material.

Your Property - Each property and home has its own characteristics. Factors such as trees, sloping terrain, or additional considerations can make the installation more challenging. Using satellite images, most solar installers these days can evaluate your home and incorporate these considerations into the preliminary cost estimate.

Labor Rates - Various wages are paid to employees by various companies, and these expenses are transferred to the consumers. Businesses paying higher wages typically get better reviews for their work and customer service.

Permitting & Interconnection - Depending on the area, local permitting and utility interconnection fees will influence the cost of your installation. Reliable local installers will build these figures into your first estimates to eliminate any surprises.

See what solar panels cost in other OK cities

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Who are the best solar installers in Muskogee?

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.

Muskogee, OK Solar Panel Cost FAQs

  • The typical cost per watt for solar panels in Muskogee, OK as of October, 2024 is $3.12/W. For a 5 kW solar panel system, the total cost in Muskogee, OK after federal tax credits is around $10,920.

  • At present, there are 2 rebates and incentives available to Oklahoma residents from various utility and government programs. Furthermore, the majority of people qualify for the 30% federal tax credit.

  • While cash payments offer the most savings, there are now many financing options for solar panels that are also advantageous. Information about financing options is typically detailed in initial quotes provided by installers.

  • Yes, homeowners in Muskogee, OK generally see a payback time of 8 years for 5 kW solar panel systems, with electricity savings averaging $17,688 over a 20-year period.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01