Solar Panels Cost 6.4k-15k in Stillwater, OK | November, 2024

Solar Panels Cost $6.4k-$15k in Stillwater, OK | November, 2024

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

As of November, 2024, the current price to have solar panels installed in Stillwater, OK is $3.07/W.

Utilizing this rate, expect the price to be $3,070, on average, for every 1000 watts (or 1 kW) of solar energy your solar system can produce. In Stillwater, the price of a 5 kW solar system is generally $10,745, after you subtract 30% federal tax credit. However, keep in mind that you might need a more powerful system to adequately cover your energy requirements.

To your left, you have the option to choose your county and find the average roof size along with the average maximum capacity for solar panel installations on homes in your area. Displayed below is a breakdown of the 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.
Stillwater: $10,745US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Stillwater: 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.
Stillwater: $15,382US Average: $16,169

Solar Potential in Stillwater

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

Roof size 840sq. ft.
Capacity 11.75kW DC
Electricity 15.3kkWh AC per yr.

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

The typical monthly electric bill for Stillwater residents is $128.05, with a typical usage of 899 kWh. These numbers cover apartments and other smaller housing units, which tend to have reduced energy needs.

The average rate for electricity in Stillwater, OK during November, 2024 is 14.24¢ per kWh.

In Stillwater, a system size of 7 kW or larger is a must for the typical energy user to satisfy all of their power needs. Currently, a 7 kW solar panel system is priced at around $15,043 after incentives.

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Average solar panel costs by system size in Stillwater

To the left and below, you'll find the cost breakdown for different sizes of the solar panel systems set up in Stillwater. When you opt for a more extensive solar system, the cost is higher, but it also leads to more significant electricity savings and a larger income tax credit.

The calculator below and to the right gives a detailed summary of solar panel costs and benefits, based on an average electric bill of $128.05 in Stillwater. To get customized results, just adjust the $128.05to reflect your usual electricity bill amount.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $685 a year
Est. Price
$6,447
Savings from a 3kWthis system
  • Est. yearly production 4,894 kWh
  • Est. monthly savings $57
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 2.48 tons a year
  • Equivalent to planting 114 trees a year
  • Equivalent to driving 6,150 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $914 a year
Est. Price
$8,596
Savings from a 4kWthis system
  • Est. yearly production 6,526 kWh
  • Est. monthly savings $76
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.31 tons a year
  • Equivalent to planting 152 trees a year
  • Equivalent to driving 8,200 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,142 a year
Est. Price
$10,745
Savings from a 5kWthis system
  • Est. yearly production 8,157 kWh
  • Est. monthly savings $95
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 4.14 tons a year
  • Equivalent to planting 190 trees a year
  • Equivalent to driving 10,250 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,370 a year
Est. Price
$12,894
Savings from a 6kWthis system
  • Est. yearly production 9,788 kWh
  • Est. monthly savings $114
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 4.97 tons a year
  • Equivalent to planting 228 trees a year
  • Equivalent to driving 12,300 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,599 a year
Est. Price
$15,043
Savings from a 7kWthis system
  • Est. yearly production 11,420 kWh
  • Est. monthly savings $128
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 5.57 tons a year
  • Equivalent to planting 256 trees a year
  • Equivalent to driving 13,787 mi less a year

Stillwater Solar Panel Installation Incentives & Rebates | 2024

The financial burden of installing photovoltaic or wind turbines for rural farmlands and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. Wondering if you fit this category? Verify your eligibility with our REAP Grant eligibility tool.

With the 30% federal income tax credit, almost everyone can benefit from residential solar, which makes it a logical option in many regions in the United States. Together with federal efforts, state and local programs help to encourage the use of solar power.

Oklahoma provides 2 solar rebates and incentives from multiple utility companies and government agencies.

Solar incentives in OK

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?

When you plan to live in your home beyond the payback period of your solar system, solar panels are an obvious choice in Stillwater. With a 5 kW solar system in Stillwater, OK, the average savings over a 20 period is $19,987, with break even generally occurring at 7 years.

The cost of not having solar panels in Stillwater, OK

The absence of solar panels or another backup power source results in missing out on the aforementioned savings and full dependence on your electric utility for power. Several recent examples in the news have shown that full reliance on your utility company is not always ideal.

Over the past few years, customers in Stillwater have experienced an average of 0.8 utility outages each year. On average, each outage lasts for 101.05 minutes. Major events like grid management errors, thunderstorms or planned maintenance can considerably extend these durations.

A solar energy system, whether it includes a backup battery or not, could help relieve the burden of future power outages you may encounter.

Power Outages

Currently, 0 customers are being tracked in Payne County.

Learn more

Customers Out:

0

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

Your Energy Needs - The price per watt decreases with larger solar panel systems, even though the upfront cost is greater. Most homeowners see the advantage in installing a solar setup that can generate enough power to replace their entire electric bill, ensuring significant savings.

Make & Model - Solar panels and mounting equipment are offered in a wide variety of makes and models. The brand preferences of your chosen installer can make it essential to choose a reputable company. Selecting superior quality models generally provides a more favorable long-term experience for the buyer.

Solar Panel Type - It's clear why monocrystalline panels are now the go-to choice in the industry. Although they are costlier, they generate increased energy. Many installers use panels constructed of this material.

Your Property - Uneven land, trees, or other challenges can increase the complexity of the installation. Nowadays, satellite images allow many solar installers to assess your home and incorporate these elements into the first cost estimate.

Labor Rates - The wages that companies offer their employees are different, and these expenses are ultimately reflected in consumer prices. It is common for businesses that provide higher wages to receive better reviews for their services and customer service.

Permitting & Interconnection - The cost of installation will vary depending on local permitting and utility interconnection fees. Quality installers will factor these costs into your preliminary quotes to prevent unexpected expenses.

See what solar panels cost in other OK cities

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Who are the best solar installers in Stillwater?

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 solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Installation of solar arrays.
  • Auditing of energy requirements for independent energy generation.
  • Installation of batteries for energy storage.
  • Consulting on all things solar related.

Dividend Finance

Cincinnati, OH(415) 805-7000

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Engie North America

Houston, TX(713) 636-1900

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.

Stillwater, OK Solar Panel Cost FAQs

  • In November, 2024, the typical price per watt for solar panels in Stillwater, OK is $3.07/W. Installing a 5 kW solar panel system in Stillwater, OK will cost approximately $10,745 after applying the federal tax credit.
  • Utilities and government agencies in Oklahoma are currently offering 2 different rebates and incentives. Additionally, the vast majority qualify for the 30% federal tax credit.
  • Paying cash offers the most savings, but there are now multiple financing options for solar panels that are also advantageous. Information about financing options will often be included in your preliminary quotes by many installers.
  • Yes, homeowners in Stillwater, OK generally see a payback time of 7 years for 5 kW solar panel systems, with electricity savings averaging $19,987 over a 20-year period.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-11-04