Solar Savings Calculator for Lawton, OK

Homeowners in Lawton pay an average of $130/month for electricity through Public Service Company of Oklahoma (PSO). With 5.4 peak sun hours per day, solar panels can significantly reduce your energy costs.

$130
Avg Monthly Bill
12.2¢/kWh
Electricity Rate
5.4h/day
Peak Sun Hours
$41,001
Est. 25-Year Savings

Calculate Your Savings in Lawton

Adjust Your Details for Lawton, OK

$
$50$1,000
50010,000
50¢

Your Estimated Solar Savings

System Size
6.8 kW
Panel Count
17 panels
Total System Cost
$19,040
Federal Tax Credit (30%)
-$5,712
Net Cost
$13,328
Annual Savings
$1,560
Payback Period
8.5 years
25-Year Savings
$41,001
Return on Investment
308%

* Estimates based on 5.4 peak sun hours/day in Lawton, 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 Lawton

Utility & Permits

Utility Company
Public Service Company of Oklahoma (PSO)
Permit Cost
$250
Permit Timeline
2-3 weeks
Net Metering
partial

System Estimates

Recommended Size
6.8 kW
Panel Count
17 panels
Gross Cost
$19,040
Net Cost (after credits)
$13,328

Available Incentives for Lawton, 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.

30% of system cost

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