Oklahoma Solar Panels
Solar in Oklahoma
Thinking about solar energy for your Oklahoma home? You’re in the right place. While Oklahoma electricity prices have increased 21% from 2020 to 2024, home solar panels offer a way to manage your energy costs.
This guide covers everything you need to know about solar installation in Oklahoma—from understanding costs and incentives to choosing the right system for your home.
Oklahoma Solar Panel Cost
Our calculator uses real installation data from Oklahoma homeowners in Oklahoma City, Tulsa, Norman, Broken Arrow, and beyond. Get accurate cost estimates based on actual solar projects completed in your area—not generic national averages.
System
Cost
Savings
Key Takeaways
- Oklahoma electricity rates rose 11% from 2021 to 2024 while solar panels lock in predictable energy costs for decades.
- An 8.2 kW solar system costs around $23,815 and could save you approximately $39,199 over 25 years.
- OG&E and PSO both offer net metering programs that credit you for excess solar energy your system produces.
Looking for More Detailed Oklahoma City Guides?
Explore our comprehensive solar guides for major cities across Oklahoma to find location-specific information on incentives, installers, and solar potential.
Oklahoma Electricity Prices
Understanding electricity costs helps you make informed energy decisions. Let’s look at how Oklahoma rates compare and what it means for homeowners.
Oklahoma electricity rates rose from 11.0 cents per kWh in 2021 to 12.2 cents per kWh in 2024—an 11% increase in just three years. While still below the national average, these rising costs add up for homeowners.
Solar panels generate electricity at a fixed cost, protecting you from future rate increases. Once installed, your system produces power at the same predictable rate for decades, regardless of utility price changes.
Over 25 years, this stability makes a real difference. While utility rates continue climbing, solar homeowners lock in their energy costs, creating long-term savings and predictable monthly expenses for their households.
Price of Energy: Oklahoma vs National Average
Oklahoma Area Utility Providers
Oklahoma residents benefit from electricity rates below the national average. In 2023, the state’s two major utilities—Oklahoma Gas & Electric (OG&E) and Public Service Company of Oklahoma (PSO)—charged 10.8¢ and 13.8¢ per kWh respectively, compared to the national average of 16.0¢.
These competitive rates stem from Oklahoma’s diverse energy mix, including abundant natural gas resources and wind energy production. However, electricity prices have still risen steadily over recent years, and utility rates can fluctuate based on fuel costs and infrastructure investments.
While Oklahoma’s current electricity costs are reasonable, solar panels allow homeowners to lock in predictable energy costs for decades. This protection against future rate increases becomes particularly valuable as your electricity expenses continue to rise over time.
Oklahoma Utilities Electricity Rates
Oklahoma Solar Incentives
Oklahoma offers several solar incentives in Oklahoma through utility companies that can help reduce your solar investment costs.
The two major utilities in Oklahoma—OG&E and PSO—each offer net metering programs that credit you for excess solar energy your system produces. These programs differ significantly in structure and benefits, so understanding which utility serves your area matters.
Review the details below carefully, as incentive programs can change. Acting sooner rather than later ensures you lock in current program terms and rates.
| Incentive | Type | Description | Source |
|---|
OG&E’s Net Energy Billing Option (NEBO) is a monthly net metering program that allows homeowners with solar panels to receive credit for the excess electricity they generate and send back to the grid. Each month, the solar energy you export to the grid is credited against your consumption on a 1:1 basis, but this netting happens separately for different time-of-use (TOU) periods. This means your solar exports during off-peak hours offset your off-peak consumption, and on-peak exports offset on-peak usage.
If you generate more electricity than you consume in a given month, you’ll receive a credit on your next bill. However, this excess credit is valued at OG&E’s Avoided Energy Cost rate rather than the full retail rate—this rate varies based on whether the excess occurred during on-peak hours (summer weekdays 2-7pm) or off-peak hours (all other times, including all winter hours). If you accumulate credits that either carry forward for more than 24 consecutive months or exceed $100 in total value (whichever comes first), either you or OG&E may request a one-time payment for that amount. This program requires you to be on a time-of-use rate plan, so understanding when you use and generate electricity becomes important for maximizing your savings.
PSO’s Net Energy Metering Service (NEMS) allows homeowners with solar panels to receive credit for the excess electricity they generate and send back to the grid. Each month, the electricity your solar system exports to the grid is netted against what you consume on a 1-to-1 basis. This means that for every kilowatt-hour (kWh) you send to the grid, you receive a credit that offsets one kWh you use from the grid during that same billing period.
If your solar system produces more electricity than you use in a given month, the excess generation rolls over as a credit at PSO’s avoided cost rate, which is approximately 4 cents per kWh (typically ranging from 2 to 6 cents per kWh). This is significantly lower than the retail rate you pay for electricity, so maximizing your self-consumption of solar energy provides the greatest financial benefit. Customers participating in this program must enroll in a time-of-use (TOU) rate plan, which means your electricity rates will vary based on the time of day you use power.
If you accumulate credits that carry forward for longer than 24 consecutive months or exceed $100 in total value (whichever comes first), either you or PSO may request a one-time payment for that amount. This ensures that credits don’t accumulate indefinitely and provides an opportunity to receive compensation for your excess generation. Understanding these program details can help you size your solar system appropriately and manage your energy usage to maximize your savings.
Ready to start saving with solar?
Speak with a Palmetto solar expert to find out exactly how much you can save with Oklahoma incentives.
Get a Free QuoteOklahoma Solar Irradiance
Solar panel production varies throughout the year based on daylight hours, weather patterns, and sun intensity. Oklahoma’s abundant sunshine and clear skies create excellent solar conditions year-round. While summer storms and occasional tornadoes are part of life here, modern solar systems are built to withstand Oklahoma’s weather and produce reliable clean energy.
What Can the Average Oklahoma Solar System Power?
Summer Production (July)
In July, your 10 kW system could power:
- 3.6 average Oklahoma homes (15 kWh/day per home)
- or Run central AC for 18 hours AND power all other appliances
- or Fully charge 5.4 Tesla Model 3 electric vehicles
Winter Production (December)
In December, your 10 kW system could power:
- 2 average Oklahoma homes (15 kWh/day per home)
- or Keep your home heating system running for 15 hours
- or Fully charge 3 Tesla Model 3 electric vehicles
Annual Production
Over a year, your 10 kW system could:
- Offset 10 tons of carbon dioxide emissions
- or Equal the environmental benefit of planting 175 trees
- or Save approximately $4,234 in electricity costs
Want to know exactly how much solar can power your home?
Get a personalized solar analysis based on your actual home, energy usage, and roof characteristics.
Get My Custom EstimateSolar Installations in Oklahoma
We’ve mapped every solar installation across Oklahoma to help you explore the clean energy movement in your area. Discover which neighborhoods and communities near you have already made the switch to solar power.
Leasing Solar Panels
For Oklahoma homeowners served by Oklahoma Electric Coop (OEC), Oklahoma Gas & Electric (OG&E), or Public Service of Oklahoma (PSO), Palmetto offers solar leasing options through our LightReach program. With a solar lease, you pay a predictable fixed monthly amount instead of purchasing the system outright.
Unlike buying solar panels with cash, leasing eliminates the upfront investment and transfers all maintenance responsibilities to Palmetto. We design, install, and maintain your system at no cost to you. If your panels don’t meet our 90% Production Guarantee, we’ll credit you the difference. This worry-free approach means you start saving on energy costs immediately without managing repairs or performance issues.
Our LightReach energy plan centralizes everything into one inclusive price managed by Palmetto Finance. Your plan includes detailed solar mapping, premium solid black panels, high-efficiency inverters, permitting, installation, and comprehensive project management—all backed by our protection program for complete peace of mind.
Go solar without the investment
With LightReach, there are no investment costs to recoup, loan payments to manage, or maintenance needs to take on. As soon as your panels are active, your solar savings are too!
Learn MoreFrequently Asked Questions
Yes, solar makes sense for many Oklahoma homeowners. With electricity rates rising 11% from 2021 to 2024 and abundant sunshine averaging 5.4 peak sun hours daily, solar panels offer predictable energy costs and long-term savings.
An average 8.2 kW system costs around $23,815 and could save approximately $39,199 over 25 years. Both OG&E and PSO offer net metering programs that credit excess solar production, enhancing your return on investment.
Yes, Oklahoma has net metering through its major utility companies. Oklahoma Gas & Electric (OG&E) and Public Service of Oklahoma (PSO) both offer monthly net metering programs that credit you for excess solar energy on a 1:1 basis.
Each utility has different program details. OG&E’s program tracks credits separately by time-of-use periods, while PSO requires enrollment in a time-of-use rate plan. Both utilities compensate excess monthly credits at their avoided cost rate (approximately 3-6 cents per kWh), which is lower than retail rates.
Yes, solar panels typically increase home value in Oklahoma. Research shows that homes with solar panels sell for approximately 4.1% more than comparable homes without solar systems.
For a median-priced Oklahoma home, this translates to thousands of dollars in added value. Solar panels signal lower energy costs to potential buyers, making your property more attractive in the real estate market while providing immediate savings on your utility bills.
The average cost for solar panels in Oklahoma is around $23,815 for an 8.2 kW system at approximately $2.90 per watt. This system typically offsets 100% of electricity usage for an average Oklahoma home.
Your actual cost depends on your home’s energy needs, roof characteristics, and system size. With monthly savings averaging $89 and potential 25-year savings of $39,199, most Oklahoma homeowners see a payback period of about 17 years.
For most Oklahoma homeowners, solar is financially worth it. An average 8.2 kW system costs around $23,815 and could save approximately $39,199 over 25 years, with monthly savings averaging $89.
With Oklahoma electricity rates rising 11% from 2021 to 2024, solar panels lock in predictable energy costs for decades. The typical payback period is about 17 years, after which your energy is essentially free.
At Palmetto, we combine national expertise with local focus to serve Oklahoma homeowners. We offer competitive financing options and work with a trusted network of local installers who understand Oklahoma’s weather and building requirements.
Our team handles everything from design through installation, backed by comprehensive warranties and ongoing support. We’ve helped thousands of homeowners across the country go solar, and we’re committed to making your transition to clean energy straightforward and reliable.