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{"id":1113,"date":"2022-06-24T21:07:05","date_gmt":"2022-06-24T21:07:05","guid":{"rendered":"https:\/\/wgsi.org\/?p=1113"},"modified":"2022-06-24T21:07:05","modified_gmt":"2022-06-24T21:07:05","slug":"oklahoma","status":"publish","type":"post","link":"https:\/\/wgsi.org\/solar-installation\/oklahoma\/","title":{"rendered":"Oklahoma City Solar"},"content":{"rendered":"\n
Solar Panels in Oklahoma<\/h2>\n\n\n\n
Using solar power is not prevalent in Oklahoma just yet. The state ranks only 45th in terms of solar energy use, with about 30 solar companies operating in the state. However, this state gets higher than average number of sunny days per year, so its a great place to get solar panels!
That said, solar prices have fallen by 36% in the last 5 years in Oklahoma, so your upfront investment will be relatively lower. Not to mention, energy rates are lower, tax incentives are higher, and the payback period is short.
Considering all of this, investing in solar power is one of the smartest moves an Oklahoma resident can make financially. If you’re considering investing in solar energy, here’s an overview of solar energy in Oklahoma.<\/p>\n\n\n\n
How Much Do Solar Panels Cost in Oklahoma City?<\/h2>\n\n\n\n
In Oklahoma, the total cost of installing residential solar panels can set you back anywhere from $15,000 to $25,000. Solar panels’ prices are expressed in dollars per watt, and in Oklahoma, this is $3 to $5 per watt.
Calculating your costs beforehand by determining the amount of electricity required by your household is necessary if you want to figure out how long it will take you to recover your initial investment. The payback period for solar panels in Oklahoma is usually at least 6 years, but no longer than 9 years.<\/p>\n\n\n\n
Tax Incentives for Solar Energy in OK<\/h2>\n\n\n\n
Tax incentives are one of the many reasons why people consider installing solar panels in their homes. The US federal government allows you to get a 26% tax credit through 2022, and in 2023, homeowners with solar energy installed are eligible to receive a 22% tax incentive from the purchase price. Now is the best time to go solar in Oklahoma if you want to maximize your savings potential.
Unfortunately, Oklahoma has no state incentives; net metering is an option. Net metering sells your excess power back to the grid and gains your investment back.<\/p>\n\n\n\n
Net Metering<\/h2>\n\n\n\n
Net metering is an incentive that lets you take full financial advantage of your solar panel system. When your solar power system produces excess electricity you don’t need, it is sent back to your utility company.
The utility company credits your account for this excess energy. So, you get a faster return on your investment and prevent waste.<\/p>\n\n\n\n
Solar Power Companies in Oklahoma<\/h2>\n\n\n\n
If you’re a homeowner in Oklahoma City thinking of going solar, you’ll be happy to know that there are numerous solar providers from which to choose.
To help you find the best fit, we’ve rounded up 5 of the most reviewed solar power providers in the Sooner State. Whichever you choose, you can expect to get a customized solution for installing solar energy in your home.<\/p>\n\n\n\n