Cost & Savings Breakdown
Based on $150/month electric bill in Edmond
System Size
9.5 kW
Annual Production
14,175 kWh
Gross System Cost
$26,651
Federal Tax Credit (30%)
-$7,995
State Incentive
-$500
Net Cost
$18,156
Monthly Savings
$122
CO₂ Offset/yr
13,041 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityOG&E
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.103/kWh
Peak Sun Hours5.1 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$500
Oklahoma State Incentive — Oklahoma offers a property tax exemption for solar installations.
Common Questions
How much does solar cost in Edmond?
Solar in Edmond, Oklahoma costs approximately $26,651 for a 9.5 kW system. After the 30% federal tax credit, your net cost is about $18,156.
What is the solar payback period in Edmond?
The estimated payback period for solar in Edmond is 12.4 years, based on a $150/month electric bill and local sun hours of 5.1 hrs/day.
Does OG&E offer net metering?
OG&E offers Full Retail net metering. Full retail rate.