Solar Savings Calculator for Edmond, OK
Homeowners in Edmond pay an average of $142/month for electricity through Oklahoma Gas & Electric (OG&E). With 5.3 peak sun hours per day, solar panels can significantly reduce your energy costs.
$142
Avg Monthly Bill
12.8¢/kWh
Electricity Rate
5.3h/day
Peak Sun Hours
$45,232
Est. 25-Year Savings
Calculate Your Savings in Edmond
Adjust Your Details for Edmond, OK
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
7.2 kW
Panel Count
18 panels
Total System Cost
$20,160
Federal Tax Credit (30%)
-$6,048
Net Cost
$14,112
Annual Savings
$1,704
Payback Period
8.3 years
25-Year Savings
$45,232
Return on Investment
321%
* Estimates based on 5.3 peak sun hours/day in Edmond, OK, system cost of $2.8/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Edmond
Utility & Permits
- Utility Company
- Oklahoma Gas & Electric (OG&E)
- Permit Cost
- $275
- Permit Timeline
- 2-3 weeks
- Net Metering
- partial
System Estimates
- Recommended Size
- 7.2 kW
- Panel Count
- 18 panels
- Gross Cost
- $20,160
- Net Cost (after credits)
- $14,112
Available Incentives for Edmond, OK
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Other Cities in Oklahoma
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