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

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

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

The current cost per watt of solar panel systems in Piedmont, OK in October, 2024 is estimated at $3.13/W.

For every 1000 watts (1 kW) your solar system can generate, you will need to invest, on average, $3,130 for its installation. You can come up with this number based on this rate price cost per watt. When you subtract the 30% federal tax credit, you will pay around $10,955, in Piedmont, for a 5 kW solar system. To adequately cover your energy consumption, you could require more than a 5kW system.

To the left, you have the option to select your county and see the typical roof size along with the average maximum capacity for residential solar in homes in your area. See below a full outline of the {price|costs, payback period, and 20-year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Piedmont: $10,955US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Piedmont: 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.
Piedmont: $13,025US Average: $15,784

Solar Potential in Piedmont

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

Roof size 1,019sq. ft.
Capacity 14.25kW DC
Electricity 19.8kkWh AC per yr.

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

The standard monthly kWh used in Piedmont is 1,060, resulting in an average electric bill of around $119.48. Apartments and other smaller residences with diminished energy usage are covered in this statistic.

The average electricity rate in Piedmont, OK in October 2024 is 11.27¢ per kWh.

In Piedmont, the typical energy user requires a solar power setup of 8 kW or higher to take care of their entire energy demands. Right now, an 8 kW solar system will have an initial cost of about $25,040 before incentives, but the federal income tax credit will provide a 30% reimbursement, lowering the cost to $17,528.

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Average solar panel costs by system size in Piedmont

On your left, we have displayed a detailed pricing details for different solar panel system sizes set up in Piedmont. Even though a larger solar installation carries a higher price tag, it also provides increased electricity savings and more substantial income tax credits.

The solar panel cost calculator below and to the right details costs and benefits, using an average $119.48 electric bill in Piedmont To get custom results, change the $119.48 to match your typical electricity payment.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $718 a year
Est. Price
$8,764
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
$10,955
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
$13,146
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
$15,337
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
$17,528
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

Piedmont Solar Panel Installation Incentives & Rebates | 2024

For rural small businesses and farms, the REAP Grant could provide funding that covers between 80% and 100% of the necessary expenses for installing renewable energy systems. Curious if you fall into this category? Check your eligibility with our REAP Grant eligibility tool.

Most residents can qualify for a 30% federal income tax credit for residential solar, making it a feasible option in numerous areas of the United States. A variety of regional and state programs exist to encourage solar energy adoption.

In Oklahoma, different utilities and government organizations offer 2 solar rebate and incentive initiatives.

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 live in your home past the solar system's payback period, solar panels are a good decision in Piedmont. A 5 kW solar system in Piedmont, OK might save you an average of $17,720.2 over 20 years, with the break even point generally being 8 years.

The cost of not having solar panels in Piedmont, OK

Beyond missing out on the savings noted above, the absence of solar panels or another backup energy solution leads to total dependency on your electric utility for power. As illustrated by recent news, total dependence on your utility is not always the best option.

There are about 0.4 outages per customer annually in Piedmont. The typical duration of each outage is 31 minutes. When significant events such as tornadoes, grid management errors, or construction accidents occur, these time frames can become much longer.

Whether a backup battery is included or not, a solar panel system could ease the pressure of possible future outages.

Power Outages

Currently, 0 customers are being tracked in Canadian County.

Learn more

Customers Out:

0

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

Your Energy Needs - With larger solar panel systems, the cost per watt decreases, despite the higher upfront expense. Many people find it useful to install a solar energy system that can replace their entire electric bill. This results in greater savings.

Make & Model - There are a variety of makes and models of solar panels and mounting equipment. The contractor’s preference for system makes it important to choose a reputable contractor. Higher grade models usually provide an enhanced long-term experience for the buyer.

Solar Panel Type - Monocrystalline panels have taken over as the standard in the industry, and it's not hard to see why. These panels cost more but offer a higher energy efficiency. The majority of installers in the industry work with panels constructed of this material.

Your Property - Every property and home is distinct. Trees, rough terrain, or other challenges can make the installation more difficult. Nowadays, the majority of solar installers can leverage satellite imagery to assess your home and include these aspects into the preliminary cost estimate.

Labor Rates - The pay that various companies offer their employees differ, and these costs are borne by the consumers. Companies paying more to their employees frequently get higher reviews for their work and customer service.

Permitting & Interconnection - Local permitting and utility interconnection fees, which differ by area, will affect your installation cost. That said, experienced local installers will be able to incorporate these numbers into your initial quotes so there are no surprises.

See what solar panels cost in other OK cities

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Who are the best solar installers in Piedmont?

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.

Piedmont, OK Solar Panel Cost FAQs

  • As recorded in October, 2024, the standard cost for solar panel installations in Piedmont, OK is $3.13/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Piedmont, OK is roughly $10,955.

  • 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.

  • Paying cash provides the highest savings, but there are now several financing options for solar panels that are also cost-effective. Many installers work with financing partners and will provide this information in your initial quotes.

  • Yes, in Piedmont, OK, 5 kW solar panel systems usually pay off in 8 years, providing an average electricity cost savings of $17,720.2 over a 20-year period.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01