Solar Panels Cost 6.5k-15k in Ponca City, OK | October, 2024

Solar Panels Cost $6.5k-$15k in Ponca City, OK | October, 2024

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How much do solar panels cost in Ponca City, OK in 2024?

Going solar averages out to $3.12 per watt in Ponca City, OK in the month of October, 2024.

Utilizing this rate per watt, we can conclude that for every 1000 watts (1 kW) of solar generation capacity will require an investment of $3,120 for installation. In Ponca City, the cost of a 5 kW system is generally $10,920, after the 30% federal tax credit. It's worth noting that a larger system might be required to satisfy your energy requirements.

By selecting your county on the left, you can determine the average roof size and the maximum capacity for residential solar on homes in your area. See below a detailed summary 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.
Ponca City: $10,920US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Ponca City: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Ponca City: $13,978US Average: $15,784

Solar Potential in Ponca City

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

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

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

For Ponca City energy consumers, the standard monthly kWh usage is 834, with an average electric bill of $123.24. Compact houses, such as studio apartments or condos, are also encompassed in the figures cited in the previous sentence.

The mean rate for electricity in Ponca City, OK in October, 2024 is 14.78¢ per kWh.

In Ponca City, a system size of 7 kW or larger is needed for the typical energy consumer to account for all of their power demands. At the moment, a 7 kW setup costs around $21,840, but with a 30% tax credit, it is reduced to $15,288

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Average solar panel costs by system size in Ponca City

To the left and below, you can find a detailed pricing breakdown for different solar panel system sizes set up in Ponca City. Although a bigger solar installation has a greater cost, it also yields increased electricity savings and more substantial income tax credits.

Check the solar panel cost calculator to the right and below to see the cost and benefit details based on an average $123.24 electric bill in Ponca City. Just change the $123.24 to your regular electricity bill for more accurate results.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $734 a year
Est. Price
$6,552
Savings from a 3kWthis system
  • Est. yearly production 4,894 kWh
  • Est. monthly savings $61
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 2.7 tons a year
  • Equivalent to planting 124 trees a year
  • Equivalent to driving 6,673 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $979 a year
Est. Price
$8,736
Savings from a 4kWthis system
  • Est. yearly production 6,526 kWh
  • Est. monthly savings $82
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.59 tons a year
  • Equivalent to planting 165 trees a year
  • Equivalent to driving 8,897 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,224 a year
Est. Price
$10,920
Savings from a 5kWthis system
  • Est. yearly production 8,157 kWh
  • Est. monthly savings $102
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 4.49 tons a year
  • Equivalent to planting 206 trees a year
  • Equivalent to driving 11,121 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,468 a year
Est. Price
$13,104
Savings from a 6kWthis system
  • Est. yearly production 9,788 kWh
  • Est. monthly savings $122
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 5.39 tons a year
  • Equivalent to planting 248 trees a year
  • Equivalent to driving 13,346 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,713 a year
Est. Price
$15,288
Savings from a 7kWthis system
  • Est. yearly production 11,420 kWh
  • Est. monthly savings $123
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 5.42 tons a year
  • Equivalent to planting 249 trees a year
  • Equivalent to driving 13,416 mi less a year

Ponca City Solar Panel Installation Incentives & Rebates | 2024

For rural farms and small businesses, the REAP Grant might currently cover between 80% and 100% of the expenses for installing photovoltaic or wind energy systems. Wondering if you qualify? Our REAP Grant eligibility tool can help you check.

For residential solar installations, almost all homeowners qualify for a 30% federal income tax credit, which makes solar energy a feasible choice in many parts of the country. State and local governments have various programs to further encourage the switch to solar energy.

Oklahoma has 2 solar incentive and rebate programs available through a range of utilities and government 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?

Intending to stay in your house beyond the solar payback period? Solar panels are a smart investment in Ponca City. In Ponca City, OK, a 5 kW solar system installation might save you $18,657.6 on average over 20 years, with a typical break even point of 7 years.

The cost of not having solar panels in Ponca City, OK

Forgoing solar panels or an alternative backup energy source means you'll miss out on the savings mentioned above and be fully dependent on your electric utility for power. The news has recently shown us that complete reliance on your utility provider isn't always the best idea.

Over the past few years, customers in Ponca City have encountered an average of 1.73 utility outages each year. Typically, outages have an average duration of 125.04 minutes. However, during significant events such as tornadoes, equipment failure, or wildlife damage, these times can drastically increase.

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

Power Outages

Currently, 0 customers are being tracked in Kay County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Ponca City, OK?

Your Energy Needs - Investing in larger solar panel systems costs more upfront, but the price per watt is decreased as the system size increases. Consumers often realize that installing a solar system that can replace their entire electric bill is advantageous, ensuring maximum savings.

Make & Model - Similar to other industries, the solar energy sector offers a variety of solar panel and mounting equipment brands and designs. Taking into account the system preferences that your installer may have, it's essential to choose a recommended company. Buyers who prioritize superior equipment typically enjoy a superior long-term experience.

Solar Panel Type - For good reason why monocrystalline panels are now the industry standard. Even with a higher cost, this technology yield more energy. The majority of installers opt for panels constructed using this material.

Your Property - Every home and property differs in its own way. Challenges such as trees, sloping terrain, or other barriers can increase the difficulty of installing solar panels. Today, many solar installers can leverage satellite imagery to assess your home and incorporate these aspects into the initial cost estimate.

Labor Rates - Different companies pay varied wages to their employees, and these expenses are eventually borne by the consumers. Businesses often receive higher reviews for their services and customer service when they pay higher wages.

Permitting & Interconnection - Local permitting and utility interconnection fees, which differ by region, will affect your final installation cost. Reputable local installers will integrate these numbers into your first quotes to avoid any surprises.

See what solar panels cost in other OK cities

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Who are the best solar installers in Ponca City?

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.

Ponca City, OK Solar Panel Cost FAQs

  • As recorded in October, 2024, the standard cost for solar panel installations in Ponca City, OK is $3.12/W. For a 5 kW solar panel system, the total cost in Ponca City, OK after federal tax credits is around $10,920.

  • If you live in Oklahoma, you can find 2 rebates and incentives through different utilities and government agencies. Furthermore, the majority of people qualify for the 30% federal tax credit.

  • Choosing to pay cash ensures the most savings, but today there are several financing options for solar panels that are also cost-effective. Installers typically partner with financing companies and will incorporate this information into your initial quotes.

  • Yes, the typical duration for 5 kW solar panel systems to pay back their cost in Ponca City, OK is 7 years, with electricity savings estimated at $18,657.6 over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01