Solar Panels in Oklahoma
Oklahoma, called “The Sooner State”, has a lot to be proud of. It’s produced the most astronauts, is home to the National Cowboy Hall of Fame, and the Oklahoma State Capitol building is the only one in the U.S. that sits atop active oil rigs. However, there may come a time when those oil rigs will be historic sights rather than a source of energy.
Solar panels in Oklahoma are becoming more common for both homes and businesses. Sunshine is energizing America, and Oklahomans are excited to power their communities with it. Solar panels in Oklahoma aren’t just good for the environment, they’re also a big money saver. You’ll get to keep more of your hard-earned cash because you’ll have a reduced electricity bill each month. With the 26% federal tax credit, our unmatched 25 year warranty and guarantee, plus all the savings you’ll have by switching to renewable energy, getting solar panels in Oklahoma is an easy choice to make.
The Oklahoma State Government is starting to catch on to how smart it is to be energy efficient, too. There is currently a law that requires new buildings constructed for government use to meet certain energy efficiency standards. Each building must reduce energy dependence, which includes using renewable sources of energy such as solar panel systems. If the state government is starting to use solar panels in Oklahoma, why shouldn’t you join them?
Are Solar Panels in Oklahoma Worth It?
There are plenty of benefits and incentives for Oklahoma residents that make the switch to solar panels worth it. We’ve compiled a list of benefits Oklahoma residents can look forward to when they install solar panels in their homes.
- Energy Savings from Sunshine – On average, the state of Oklahoma receives 234 days of sun per year. That’s more than the national average of 205 days per year, giving Oklahoma residents the opportunity to produce a whole lot of solar power to save on their monthly energy bills.
- Improved Solar Technology – The increased demand for solar energy has led to some major innovations in the solar industry. Solar cells are now more efficient than ever before at generating solar power.
- Decreased Costs of Solar Panels – Thanks to the solar technology improvements over the last decade, solar panels have never been more affordable. In fact, according to the Solar Energy Industries Association (SEIA), solar panel prices have fallen by over 45% over the last five years.
Read More: Are Solar Panels Worth It In 2021?
Cost of Solar Panels in Oklahoma
The cost of solar panels in Oklahoma depends on a range of factors including your home’s sunlight exposure, energy consumption, price of equipment and installation, and Oklahoma’s solar incentives. While all these factors can impact price, homeowners who install residential solar panels before 2023 can claim 26% of the total cost of their solar panel system as a federal solar tax credit. If your electric company offers a net metering policy, then you can further increase the speed of your return on investment (ROI).
To get an accurate quote on a solar panel installation for your home, contact our qualified solar specialists today who can offer you a personalized quote based on your factors.
Oklahoma Solar Incentives
There are a number of solar incentives in Oklahoma that make installing solar panels more affordable for homeowners. These incentives include a solar tax credit, net metering policies, and a home value increase. Hear more about how you can take advantage of solar incentives for your solar panel installation by contacting one of our solar sales specialists today.
In this section, we’ll go over your incentives for making the switch to solar energy including:
26% Federal Solar Tax Credit
Homeowners who install a solar panel system before the end of 2022 are eligible to claim a 26% federal solar tax credit of the total cost of your system. The cost of solar panels has decreased dramatically over the past decade, and with this tax credit, you can decrease the cost even more. This incentive has helped thousands around the country make the switch to clean, renewable solar energy. You can’t beat a deal like this one.
When you decide to go solar in Oklahoma, take advantage of the 26% tax credit available through the end of 2022. The federal solar tax credit is scheduled to reduce down to 22% in 2023.
Net Metering in Oklahoma
A good way to get the most out of your solar panels in Oklahoma is through net metering. Through net metering, excess energy your solar panels produce is sent to your utility grid. A credit will be applied to your account for each kWh that the grid receives, which will lower your overall bill. So you’ll be saving money on two fronts! One by producing your own electricity, and the second by selling your electricity. Seems like a good deal to us!
Currently, Oklahoma has a net metering law that states any investor-owned utility company must offer net metering. Many electric cooperatives in Oklahoma also offer net metering to their members.
Increased Value of your Oklahoma Home
It’s clear that solar panels help your savings and the environment. They also help your home in other ways, too. When you install solar panels, the value of your home is increased quite a bit. For every $1 your solar energy system saves you in utility bills, you add $20 to your home’s overall value. So if you save $100, that would mean your home’s value goes up $2,000!
Does Oklahoma have a solar tax credit?
Unfortunately, the state of Oklahoma does not offer a state income solar tax credit or state rebate for solar panel installations. Luckily, homeowners can still take advantage of the 26% federal tax credit and net metering to make installing solar panels more affordable for Oklahoma residents.
Sunpro Solar, Trusted Oklahoma Solar Company
Sunpro Solar has been installing solar energy systems for over 10 years, and we’ve installed thousands of solar panels for satisfied customers. Families and business owners alike have chosen Sunpro Solar to help them make the switch to renewable energy.
In 2021, we were ranked the #2 residential solar installer in the nation by Solar Power World Magazine and the largest residential solar installer in the state of Oklahoma.
- 25 Year Labor Warranty
- 25 Year Production Guarantee
- 25 Year Solar Panel Manufacturer Warranty
- 25 Year Enphase Microinverter Warranty
- Thousands of happy homeowners
- Free Home Energy Audit
- Roof replacement experts
If you’d like to schedule a free, no hassle consultation, or if you simply have some questions, contact our solar specialists today!
Solar Installation Quote for Oklahoma Residents
If you’re ready to take the next step, or even if you’re considering what it would take to get you there, contact us to discover all your options.
We install solar panel systems and roofs in Oklahoma. Contact us today to see if we service your area and get free solar quotes for your particular needs.Free Solar Quote