Oklahoma Solar Information

Oklahoma isn't a bad state for solar but far from the strongest. There is a state tax credit that reduces your income tax. Along with basically wiping out your state income tax although not required by the state the three major utilities servicing all of Oklahoma offer net metering. As always in Oklahoma you are entitled to the 30% federal tax credit.

№13

Oklahoma ranks in America for savings from installing solar panels on
6556.93 kWh

AC Energy output every year in Oklahoma in 4 kW system
5.58 kWh

Solar Radiation (kWh / m2 / day)
10 ¢ /kWh

The cost of electricity today in Oklahoma Gas & Electric Co
20 ¢ /kWh

If you don't get solar. The forecast average utility price over the next 25 years

Oklahoma Solar Facts

$1.38
Average cost of a 4kw solar power system in 2019.
4 years
Average system payback period.
$41 816
Average lifetime savings.
4 ¢ /kWh
Levelized cost of solar energy.
4 kW
Recommended system size.

Choose relevant panels Calculate your system

How much do solar panels cost in Oklahoma
$1.38 per watt

Cash purchased solar system

Before 30% solar tax credit
$5 330 total

Estimated system cost

Before 30% solar tax credit
4 years

Average system payback period

Solar power in Oklahoma can provide 44.1% of all electricity used in Oklahoma from 19,300 MW of rooftop solar panels. This scenario is extremely unlikely though because the cost of electricity in Oklahoma is among the lowest in the nation.

Tell us how much you are spending on electricity and we’ll calcalute how much you can save if you get solar

kWH

$ per kWH

According to Oklahoma Gas & Electric Co, we received the cost of kWH in your area and calculated energy consumption based on an average electricity bill for 3 months.

I am claiming the 30% Federal Tax Credit (ends 2019) i

When you install your solar system, 30% of your project expenses apply toward a credit to offset any taxes you owe that year. This federal tax credit is a major incentive to go solar, but it is being phased out by 2022.

Most people are eligible to claim this credit (you must owe federal taxes to be eligible).

System size

3.85 kW medium system size

Provides up to 80% of electricity consumption

$1.38 per watt

Average system cost

12 x 325 watt

solar panels
+
12 x 300 watt

microinverter
+
1 x 5 000 watt

inverter

$74.96 / month

Estimated savings on your average quarterly bill

$5 330.47

Estimated system cost
Excludes 30% Federal Tax Credit.
This price does not include the installation cost.
4 years

Average system payback period
$41 815.62

Estimated utility savings

Example of 4 kW system calculation in Minnesota for electricity bill $100

10 ¢ /kWh

The cost of electricity today in Oklahoma Gas & Electric Co
20 ¢ /kWh

If you don't get solar. The forecast average utility price over the next 25 years
4 ¢ /kWh

levelized cost of solar energy