Cost & Savings Breakdown
Based on $150/month electric bill in Lawton
System Size
8.2 kW
Annual Production
12,920 kWh
Gross System Cost
$22,943
Federal Tax Credit (30%)
-$6,883
State Incentive
-$500
Net Cost
$15,560
Monthly Savings
$122
CO₂ Offset/yr
11,887 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$0.113/kWh
Peak Sun Hours5.4 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 Lawton?
Solar in Lawton, Oklahoma costs approximately $22,943 for a 8.2 kW system. After the 30% federal tax credit, your net cost is about $15,560.
What is the solar payback period in Lawton?
The estimated payback period for solar in Lawton is 10.7 years, based on a $150/month electric bill and local sun hours of 5.4 hrs/day.
Does OG&E offer net metering?
OG&E offers Full Retail net metering. Full retail rate.