Solar Panels Cost 8.7k-17k in Pauls Valley, OK | October, 2024

Solar Panels Cost $8.7k-$17k in Pauls Valley, OK | October, 2024

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How much do solar panels cost in Pauls Valley, OK in 2024?

In Pauls Valley, OK in October, 2024, the current cost per watt of solar panel systems is estimated at $3.12/W

According to this cost, you should expect to pony up $3,120, on average, for every 1 kW (or 1000 watts) of solar energy your system will need to generate. On average, the expense for a 5 kW solar setup in Pauls Valley, after a 30% federal tax credit, is $10,920. A bigger system could be necessary to satisfy your energy requirements.

Select your county from the menu on the left to find the typical roof size and maximum solar panel capacity for homes in your area. The following summary, 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.
Pauls Valley: $10,920US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Pauls Valley: 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.
Pauls Valley: $12,953US Average: $15,784

Solar Potential in Pauls Valley

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

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

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

The typical kWh usage for a Pauls Valley resident is 1,087 monthly, with an average electric bill of $118.97. This number also includes data from apartments and smaller residences, which generally use reduced energy requirements.

In October 2024, the mean electricity rate in Pauls Valley, OK amounts to 10.95¢ per kWh.

In Pauls Valley, an average electricity consumer's electricity needs can be fully accounted for by a solar system of 8 kW or higher. Upfront, an 8 kWsolar installation is priced at about $24,960, with the 30% tax credit, this drops to $17,472.

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Average solar panel costs by system size in Pauls Valley

Displayed below and to the left is the price structure for various sizes of the solar panel systems in Pauls Valley. The larger the solar array, the larger the initial expense, but also the greater electricity savings and income tax credits you'll get.

The cost and benefit breakdown for solar panels, displayed in the calculator down and to the right, is based on an average electric bill of $118.97 in Pauls Valley. Simply change the $118.97 to your average electricity bill for more accurate results.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $718 a year
Est. Price
$8,736
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
$10,920
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 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
$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 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
$15,288
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 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
$17,472
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 5.14 tons a year
  • Equivalent to planting 236 trees a year
  • Equivalent to driving 12,713 mi less a year

Pauls Valley Solar Panel Installation Incentives & Rebates | 2024

Rural entrepreneurs and farmers might find that the REAP Grant pays for 80% to 100% of their costs when installing solar or wind energy systems. Unsure if you're eligible? Check your status with our REAP Grant eligibility tool.

A 30% federal tax credit is accessible to most homeowners for residential solar installations, which renders solar energy a feasible choice in various regions across the United States. Apart from the federal incentives, state and local programs also aim to boost solar energy uptake.

Oklahoma provides 2 solar rebates and incentives from different utility companies and government departments.

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 expecting to live in your home past the solar system's payback period, solar panels are a wise decision in Pauls Valley. Over a 20 year period, a 5 kW solar system in Pauls Valley, OK could save you approximately $17,632.8, with the average break even time being 8 years.

The cost of not having solar panels in Pauls Valley, OK

Failing to have solar panels or an alternative backup energy means missing the savings mentioned earlier and being entirely reliant on your electric utility for electricity. As recent news articles have highlighted, full dependence on your utility provider isn't always ideal.

The average number of outages per customer per year for utilities in Pauls Valley has been 2.05 in recent years. On average, an outage lasts 211.2 minutes. When major events such as wildfires, vandalism, or aging infrastructure occur, these durations can increase significantly

A solar energy system could mitigate the effects of future outages, whether or not it has a backup battery.

Power Outages

Currently, 0 customers are being tracked in Garvin County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Pauls Valley, OK?

Your Energy Needs - Larger solar panel systems come with a larger upfront cost, but the price per watt is reduced. Homeowners often discover that installing a solar system that can offset their entire electric bill is advantageous, ensuring optimal savings.

Make & Model - There are many brands and models of solar panels. Because the installer you select might have specific brand preferences, picking a highly rated company is especially important. The utilization of high-quality materials is likely to result in a more positive long-term experience for buyers.

Solar Panel Type - It's understandable that monocrystalline panels are now the industry standard. They are pricier but generate more energy. Most professionals in solar installation work with panels constructed from this material.

Your Property - Trees, uneven ground, or additional considerations can increase the complexity of the installation. Most solar installers today use satellite imagery to evaluate your home and integrate these elements into the preliminary cost estimate.

Labor Rates - Different companies offer varying wages to their employees, and these costs are inevitably borne by the consumers. Businesses that invest in higher wages often see higher reviews for their work and customer service.

Permitting & Interconnection - Depending on the area, local permitting and utility interconnection fees will affect the cost of your installation. Quality local installers will include these figures in your preliminary estimates to provide transparency.

See what solar panels cost in other OK cities

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Who are the best solar installers in Pauls Valley?

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.

Pauls Valley, OK Solar Panel Cost FAQs

  • In October, 2024, the average cost of solar panels per watt in Pauls Valley, OK is $3.12/W. The approximate cost of a 5 kW solar panel system in Pauls Valley, OK, after deducting federal tax credits, is $10,920.

  • Currently, Oklahoma residents can benefit from 2 rebates and incentives available through various utilities and government bodies. On top of that, most individuals are eligible for the 30% federal income tax credit.

  • Cash payments yield the highest savings, yet several financing options now available for solar panels are advantageous as well. Installers often have partnerships with financing companies and will include this information in your initial quotes.

  • Yes, on average, the return on investment for 5 kW solar panel systems in Pauls Valley, OK is achieved in 8 years, with electricity savings amounting to $17,632.8 over 20 years.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01