Oklahoma Solar Panel Savings Calculator

Calculate how much you can save with solar panels in Oklahoma. Based on 5.2 peak sun hours/day and 11.7¢/kWh average electricity rate.

5.2

Peak Sun Hours/Day

11.7¢

Avg Rate (¢/kWh)

13 yr

Avg Payback Period

0.3%

Solar Penetration

Calculate Your Oklahoma Solar Savings

Average home: 6-10 kW

Your average monthly bill

South-facing is optimal

Annual Production

9,110

kWh/year

Annual Savings

$1,069

per year

25-Year Savings

$36,503

total estimated

Payback Period

13.4 yr

break-even time

Monthly Savings

$89

System Cost (after ITC)

$14,280

CO2 Offset

3.8 tons/yr

Cumulative Savings vs System Cost

$0k$9k$18k$27k$37kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Oklahoma Solar Panel Savings Overview

Oklahoma receives an average of 5.2 peak sun hours per day, making it an excellent state for solar energy production. With electricity rates averaging 11.7¢ per kWh — below the national average — longer payback periods are typical but savings still add up over time. The typical Oklahoma homeowner with a 6kW system can expect to save approximately $1,080 per year.

Solar Energy Production in Oklahoma

A standard 6kW residential solar panel system in Oklahoma produces approximately 9,110 kWh per year. This accounts for a system efficiency factor of 80%, which includes panel degradation, inverter losses, and temperature effects. At 5.2 peak sun hours per day, Oklahoma offers good solar production — enough to offset a significant portion of typical household electricity consumption.

Oklahoma Electricity Rates and Solar Context

The average residential electricity rate in Oklahoma is 11.7¢ per kWh according to EIA data. While this rate is below the national average, electricity costs are rising approximately 2-3% per year. Over a 25-year system lifetime, your cumulative savings will still be substantial. With utility rates increasing annually, your solar savings grow each year.

Oklahoma Solar Incentive Programs

No state incentives. Federal 30% ITC applies. Net metering available. All Oklahoma residents are eligible for the federal 30% Investment Tax Credit (ITC), which reduces the cost of a solar system by 30% of the total installed price. Oklahoma also offers avoided cost net metering, allowing homeowners to earn credits for excess solar energy sent back to the grid.

Net Metering in Oklahoma

Oklahoma has avoided cost net metering, which is a significant financial benefit for solar homeowners. Under the avoided cost model, you receive credit at the utility's avoided cost rate for excess energy, which is typically lower than the retail rate but still provides meaningful savings.

Best Cities for Solar in Oklahoma

The best cities for solar panels in Oklahoma include Oklahoma City, Tulsa, Norman, Broken Arrow, Edmond. Solar production can vary by location within the state due to differences in cloud cover, local shading, and microclimates. Southern-facing roofs with minimal shading produce the most energy. Homeowners in Oklahoma City and Tulsa can typically expect production close to the state average of 5.2 peak sun hours per day.

How Oklahoma Compares to Neighboring States

Compared to neighboring states, Oklahoma (11.7¢/kWh, 5.2 sun hours) receives less solar radiation but has similar electricity rates. See how solar savings compare in Kansas, Missouri, and Arkansas.

Frequently Asked Questions

How much do solar panels cost in Oklahoma?

The average cost of a 6kW solar panel system in Oklahoma is approximately $20,400 before incentives. After the 30% federal Investment Tax Credit (ITC), the net cost drops to about $14,280. No state incentives. Federal 30% ITC applies. Net metering available.

How much can I save with solar panels in Oklahoma?

The average Oklahoma homeowner saves approximately $1,080 per year with a 6kW solar system. Over 25 years, total savings can exceed $36,503, factoring in a 2.5% annual increase in electricity rates.

Does Oklahoma have net metering?

Yes, Oklahoma offers avoided cost net metering, which allows you to sell excess solar energy back to the grid. This significantly improves the financial returns of going solar.

What is the solar payback period in Oklahoma?

The average payback period for solar panels in Oklahoma is approximately 13 years. After that, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty life.

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