Cost & Savings Breakdown
Based on $150/month electric bill in Oklahoma City
System Size
8.6 kW
Annual Production
13,036 kWh
Gross System Cost
$24,038
Federal Tax Credit (30%)
-$7,212
State Incentive
-$500
Net Cost
$16,327
Monthly Savings
$122
CO₂ Offset/yr
11,993 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$0.112/kWh
Peak Sun Hours5.2 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 Oklahoma City?
Solar in Oklahoma City, Oklahoma costs approximately $24,038 for a 8.6 kW system. After the 30% federal tax credit, your net cost is about $16,327.
What is the solar payback period in Oklahoma City?
The estimated payback period for solar in Oklahoma City is 11.2 years, based on a $150/month electric bill and local sun hours of 5.2 hrs/day.
Does OG&E offer net metering?
OG&E offers Full Retail net metering. Full retail rate.