See how much it will cost to install solar panels for your home in Oklahoma
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Solar power in Oklahoma
Last fact-checked on January 19, 2023, by Catherine Lane
There is a lot of room for improvement when it comes to solar power in Oklahoma. There are no state-based or utility-based incentives for installing solar. Also, the state’s renewable portfolio standard ended in 2015 and there have been no steps taken towards reviving it.
On the bright side, Oklahoma receives great sunlight, so a solar system here will produce more than systems in some other parts of the country. Also, Oklahoma residents can take advantage of the 26% federal tax credit.
Compare solar quotes from the top solar companies in Oklahoma
Oklahoma solar power facts
$2.62 watt
Average cost: 5kW solar power system
?8 Years 1 Month
Average payback time
$39,340
Average lifetime savings
?5¢ kWh
Levelized cost of solar energy
24¢ kWh
If you don't get solar
?9,727 kWh
Annual power production
Cash flow graph based on cash purchase of a 6.92kW system
This 6.92kW system would offset 100% of your energy usage if your typical monthly bill in Oklahoma is $107, however, your situation may vary so try our solar calculator to get a result tailored to you.
How much can solar panels save you in Oklahoma
Average total cost of solar panel installation in Oklahoma
System Size | Cash purchase After 30% solar tax credit |
Financed purchase After 30% solar tax credit |
---|---|---|
3kw | $5,691 | $6,146 |
4kw | $7,476 | $8,074 |
5kw | $9,170 | $9,904 |
6kw | $10,836 | $11,703 |
7kw | $12,397 | $13,389 |
8kw | $13,944 | $15,060 |
9kw | $15,372 | $16,602 |
10kw | $16,800 | $18,144 |
How much do solar panels cost in Oklahoma?
$2.62 per watt
Cash purchased solar system
Before 26% solar tax credit
$4.06 per watt
Financed solar system
Before 26% solar tax credit
$0.0¢ /kWh
Lease/PPA
Ave 15 year term, 2.5% price escalator
What are the pros and cons of installing solar panels in Oklahoma?
The advantage of installing solar panels in Oklahoma is the state’s abundant sunshine. Solar systems here produce more electricity than in other areas in the US with lower levels of sun exposure.
The disadvantage of installing solar panels in Oklahoma is that there is very little in the way of state and utility-based incentives. Although the state does have a net metering policy, the law states that utilities are not required to purchase excess energy produced by solar systems.
Oklahoma residents can still save money when installing a solar system on their home, thanks to the 26% federal tax credit.
Best solar companies in Oklahoma
Find local city information
Find local information for cities in Oklahoma
Compare solar quotes from the top solar companies in Oklahoma
How much electricity will solar panels produce in Oklahoma
Solar panels produce different amounts of energy in different locations.
Around the Oklahoma City area solar panels installed on a south-facing 30-degree pitch roof will typically produce:
1,563kWh
per year per 1kW of peak DC
(direct current) capacity
For more information about how your location, roof direction, and roof tilt affects solar power production use the solar panels calculator and enter your zip code.
I want to buy a solar panel kit and install it myself
What rebates, solar tax credits, and other solar incentives are available in Oklahoma?
Net metering in Oklahoma
Oklahoma does have a statewide net metering policy that requires utilities to offer net metering to their customers. However, utilities are not obligated to purchase the excess energy their customers produce. So, you can offset some costs of your utility bill, but if your solar system produces more energy than you use, you are not guaranteed to receive compensation.
Oklahoma Solar Calculator
Regardless of what you want to know about the economics of installing solar panels for your home or business in Oklahoma, we have a solar calculator that can show you exactly the information you require.
What you can find out about installing solar panels in Oklahoma using our full monthly solar calculator
This solar calculator requires you to input your address, utility company, your average monthly power spend - It tells you:
- What size solar system do you need?
- Answers the question of how many solar panels do I need?
- How many square feet of roof space you need for solar panels
- Solar electricity production in annual kWh (kilowatt-hours) you can expect from your solar system in Oklahoma
- The value of solar tax credits and other incentives you are entitled to based on the estimated size of system you need, your location and your utility provider.
- Likely cost based on an average of prices charged for solar systems of that size in the last year in Oklahoma or Oklahoma City ;
- The likely payback period on your solar panels and your investment return.
- Your total lifetime solar savings based on each of the major solar finance options, a cash purchase, a cash purchase funded with a HELOC sol (home equity line of credit) and a zero-down PPA or third party lease product.
If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this Oklahoma solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.
Going solar in Oklahoma
Check out all of the ways energy providers of Oklahoma can help you be more energy-efficient and save money.
The following programs are available:
Incentive Name | Eligibility | Type |
---|---|---|
Residential Clean Energy Tax Credit | Federal | Personal Tax Credit |
Net Metering | State | Net Metering |
Find your local rebates and incentives
Your city may have further incentives to offer. Please keep in mind that the best source of up-to-date information on incentives is the solar installers who specialize in your area.