Solar Panels Cost 8.8k-17k in Purcell, OK | October, 2024

Solar Panels Cost $8.8k-$17k in Purcell, OK | October, 2024

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

In Purcell, OK, the cost per watt of solar panel installations is around $3.16 per watt in October, 2024.

Based on this rate per watt, you can conclude that for every 1 kW (1000 watts) of solar generation capacity will require an investment of $3,160 for installation. After receiving the 30% federal tax credit, a 5 kW solar setup in Purcell will cost you $11,060. Remember that a bigger system could be required to fulfill your energy demands.

On the left-hand side, you can select your county to view the average roof size and the maximum capacity for solar panels in residences in your area. Outlined below are the price, 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.
Purcell: $11,060US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Purcell: 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.
Purcell: $12,566US Average: $15,784

Solar Potential in Purcell

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

Roof size 1,073sq. ft.
Capacity 15kW DC
Electricity 20.4kkWh AC per yr.

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

Purcell residents typically have an average monthly electric bill of $118.19 per month, with a typical usage of 1,058 kWh. Smaller homes, such as apartments, are also covered in the numbers mentioned in the prior sentence.

Purcell, OK's electricity rate is 11.17¢ per kWh in October 2024.

Typical electricity users in Purcell need a solar panel system of 8 kW or more to take care of their full power demands. Upfront, an 8 kWsolar panel installation costs around $25,280, after the 30% federal tax credit, the final cost is $17,696.

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Average solar panel costs by system size in Purcell

To the left, we present a comprehensive pricing details for different solar panel system sizes installed in Purcell. Although a more extensive solar installation has a greater cost, it also yields increased electricity savings and higher income tax credits.

The solar panel calculator, located below and to the right, offers a detailed cost and benefit analysis based on a typical $118.19 electric bill for Purcell. Just change the $118.19 to your typical electricity bill for more precise results.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $718 a year
Est. Price
$8,848
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 2.6 tons a year
  • Equivalent to planting 120 trees a year
  • Equivalent to driving 6,444 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $897 a year
Est. Price
$11,060
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 3.25 tons a year
  • Equivalent to planting 149 trees a year
  • Equivalent to driving 8,056 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,077 a year
Est. Price
$13,272
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 3.91 tons a year
  • Equivalent to planting 179 trees a year
  • Equivalent to driving 9,667 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,256 a year
Est. Price
$15,484
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 4.56 tons a year
  • Equivalent to planting 209 trees a year
  • Equivalent to driving 11,278 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,436 a year
Est. Price
$17,696
Savings from a 8kWthis system
  • Est. yearly production 13,051 kWh
  • Est. monthly savings $118
  • 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

Purcell Solar Panel Installation Incentives & Rebates | 2024

If you run a small business or farm in a rural area, you could receive REAP Grant support that covers 80% to 100% of your solar or wind turbine installation costs. If you believe you might be eligible, we suggest using our REAP Grant eligibility tool to verify your qualification.

For those considering residential solar, the 30% federal income tax credit is available to almost all homeowners, which makes solar power a good investment in various parts of the country. Additionally, numerous state and local programs aim to further promote the adoption of solar power.

Oklahoma residents have access to 2 solar rebate and incentive programs from multiple utilities and governmental agencies.

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?

For homeowners in Purcell planning to stay beyond the payback period of their solar system, solar panels are the clear choice. Over a 20 year period, a 5 kW solar system in Purcell, OK could save you approximately $17,305.6, with the average break even time being 8 years.

The cost of not having solar panels in Purcell, OK

Without solar panels or another backup power source, you miss out on the savings highlighted previously and rely entirely on your electric utility for electricity. Recent media coverage has made it clear that relying solely on your utility isn't always the best idea.

In recent times, the average number of utility outages per customer annually in Purcell has been about 0.88. On average, an outage lasts 63 minutes. Major events such as overloaded power grids, landslides or construction accidents can significantly extend these time frames.

Even without a backup battery, a solar panel system can reduce the pressure of future outages you may encounter.

Power Outages

Currently, 0 customers are being tracked in McClain County.

Learn more

Customers Out:

0

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

Your Energy Needs - Although the initial cost is higher, the cost per watt declines with larger solar panel systems. Homeowners often find that installing a solar system that can cover their entire electric bill is advantageous, ensuring maximum savings.

Make & Model - There are a range of makes and models of solar panels and mounting equipment. Selecting an installer with specific brand preferences means it's even more vital important to go with a highly rated company. The selection of better materials can substantially improve the long-term experience for buyers.

Solar Panel Type - It's clear why monocrystalline panels are now the go-to choice in the industry. Even though they are more expensive, they provide more energy. Many installers work with panels made from this material.

Your Property - Each home and property is unique in its own way. Uneven ground, trees, or additional challenges may complicate the installation. Today, the majority of solar installers can assess your home with satellite images and factor in these elements in the preliminary cost estimate.

Labor Rates - The costs related to the varying wages offered by companies to their employees are borne by the consumers. Frequently, businesses paying more in wages also enjoy higher ratings for their services and customer service.

Permitting & Interconnection - The fees for local permitting and utility interconnection, which vary by area, will affect the cost of your installation. Reliable local installers will integrate these figures into your first estimates to avoid any surprises.

See what solar panels cost in other OK cities

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Who are the best solar installers in Purcell?

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.

Purcell, OK Solar Panel Cost FAQs

  • The average solar panel cost in Purcell, OK as of October, 2024 is estimated at $3.16/W. After federal tax credits, the installation of a 5 kW solar panel system in Purcell, OK is estimated to cost $11,060.

  • Utilities and government agencies in Oklahoma are currently offering 2 different rebates and incentives. Furthermore, the majority of people qualify for the 30% federal tax credit.

  • Paying cash will result in the most savings, but currently there are multiple options for financing solar panels that make great money sense as well. Financing options from installers will often be specified in your initial quotes.

  • Yes, homeowners in Purcell, OK generally see a payback time of 8 years for 5 kW solar panel systems, with electricity savings averaging $17,305.6 over a 20-year period.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01