Solar Savings Calculator for Oklahoma City, OK
Homeowners in Oklahoma City pay an average of $138/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.
$138
Avg Monthly Bill
12.8¢/kWh
Electricity Rate
5.3h/day
Peak Sun Hours
$44,344
Est. 25-Year Savings
Calculate Your Savings in Oklahoma City
Adjust Your Details for Oklahoma City, OK
$
$50$1,000
50010,000
5¢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
$1,656
Payback Period
8 years
25-Year Savings
$44,344
Return on Investment
333%
* Estimates based on 5.3 peak sun hours/day in Oklahoma City, 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 Oklahoma City
Utility & Permits
- Utility Company
- Oklahoma Gas & Electric (OG&E)
- Permit Cost
- $300
- 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 Oklahoma City, 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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