Cost To Install Solar Panels Oklahoma

Where once you might have been looking at a solar panel cost of 20 000 for a 5kw solar system today it s closer to 15 000.

Cost to install solar panels oklahoma.

The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. Installing a typical 5 kw solar system should start at about 20 000. Each one has its own pros and cons from price to efficiency. As of sep 2020 the average cost of solar panels in oklahoma is 2 62 per watt making a typical 6000 watt 6 kw solar system 11 637 after claiming the 26 federal solar tax credit now available.

You ll get 6 000 30 of the cost back as a tax credit. Installation for the average 5kw system ranges from 11 100 22 400. A typical 6kw system costs 11 330 after claiming the 26 solar tax credit. With labor and other factors solar panel installation costs a total of 2 50 to 3 50 per watt.

This is lower than the average price of residential solar power systems across the united states which is currently 2 64 per watt. There are three types common in the residential market. Buying a 5kw solar system an oklahoma case study costs for installing solar pv panels have come down a lot over the last few years. Here s how the numbers work for an oklahoma solar purchase of a 5 kw rooftop solar system.

What exactly will you get for those dollars though. The average cost of installed residential solar power systems is currently 2 55 per watt. They are custom based on the home roof type shading and utility.