Estimated Savings for a Typical Oklahoma Home
Based on a $150/month electric bill
System Size
8.9 kW
Gross Cost
$24,929
Federal Credit
-$7,479
State Incentive
-$500
Net Cost
$16,950
Annual Savings
$1,460
Payback Period
11.6 yrs
25-Year Savings
$32,920
CO₂ Offset/yr
12,437 lbs
Oklahoma Solar Incentives
30%
Federal Investment Tax Credit (ITC)
Deduct 30% of your total solar installation cost from your federal taxes. Available through 2032 with no dollar cap.
$500
Oklahoma State Incentive
Oklahoma offers a property tax exemption for solar installations.
Net Metering Policy: Full Retail
Top utility in Oklahoma: OG&E. View full incentives detail →
Solar Costs by City in Oklahoma
| City | Annual Savings | Payback (yrs) | Population ↓ | Utility |
|---|---|---|---|---|
| Oklahoma City | $1,460 | 11.2 | 681,054 | OG&E |
| Tulsa | $1,460 | 12.3 | 413,066 | PSO |
| Norman | $1,460 | 10 | 128,026 | OG&E |
| Broken Arrow | $1,460 | 12.3 | 116,827 | PSO |
| Lawton | $1,460 | 10.7 | 94,750 | OG&E |
| Edmond | $1,460 | 12.4 | 94,428 | OG&E |
| Moore | $1,460 | 13 | 62,793 | OG&E |
| Midwest City | $1,460 | 11.7 | 57,338 | OG&E |
| Stillwater | $1,460 | 12.6 | 50,096 | OG&E |
| Enid | $1,460 | 12 | 49,379 | OG&E |
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Quick Facts: Oklahoma
- ⚡ Avg rate: $0.108/kWh
- 🌞 Peak sun: 5.2 hrs/day
- 🏭 Top utility: OG&E
- 📋 Net metering: Full Retail