Solar Panel Cost Guide in Tulsa, OK (2024 Update)
- Tulsa Solar Installation Cost: $19,046
- 25-Year Savings: $21,709
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Tulsa
We go over average solar pricing in Tulsa.
The average cost of a solar system in Tulsa is 3 per watt.Because a 8.7-kW system is needed to cover the energy needs of a typical home in Tulsa, the average price of going solar will be about $19,046 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average Tulsa homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.With average savings of about $16,000 on utility bills over 20 years, many homeowners in Tulsa find investing in solar can pay off big.
You can click the button below to get connected with a top solar installer in Tulsa for a quote for your home.
Solar savings over time in Tulsa
| Year | Return on Investment |
|---|---|
| 1 years | $-17,809 |
| 3 years | $-15,337 |
| 5 years | $-12,865 |
| 7 years | $-10,393 |
| 9 years | $-7,921 |
| 11 years | $-5,449 |
| 13 years | $-2,977 |
| 15 years | $-505 |
| 17 years | $1,967 |
| 19 years | $4,439 |
| 21 years | $6,911 |
| 23 years | $9,383 |
| 25 years | $11,855 |
Top Solar Installers in Tulsa
DIY solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Hiring a solar company can make your switch to solar power much easier. A solar company can also help save you money in the long run by providing warranties, repairs and system component replacements.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some near you:
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Tulsa
Factors that Affect Solar Panel Costs in Tulsa
There are several criteria that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,130.The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Tulsa homeowners opt to finance their solar panel systems to make paying for solar more affordable.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Tulsa, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.The company’s size can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.26 | $13,672 | $12,317 | 13.2 years |
| 8 kW | $3.19 | $17,879 | $16,773 | 12.9 years |
| 10 kW | $3.13 | $21,910 | $21,404 | 12.6 years |
| 12 kW | $3.07 | $25,766 | $26,211 | 12.4 years |
| 14 kW | $3.00 | $29,447 | $31,193 | 12.1 years |
| 16 kW | $2.94 | $32,953 | $36,350 | 11.9 years |
| 18 kW | $2.88 | $36,283 | $41,682 | 11.6 years |
| 20 kW | $2.82 | $39,438 | $47,190 | 11.4 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what you need to do before your solar system is installed, such as repairing your electrical system or roof.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Tulsa, OK Solar Cost FAQs
What is the average cost of installing solar panels in Tulsa?
The average cost of solar panels in Tulsa is about $15,650 for a 5-kW system and $31,300 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Tulsa?
A solar panel system isn’t free in Tulsa, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Tulsa?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How long do solar panels last in Tulsa?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.