Oklahoma City, OK Solar Panels
In This Guide
Solar Power in Oklahoma City
Oklahoma City homeowners are discovering that solar panels for your home offer a practical way to manage rising energy costs. With electricity prices climbing 21% from 2020 to 2024, solar can help you lock in more predictable monthly bills for decades.
Whether you’re exploring solar for the first time or ready to make the switch, this guide covers everything you need to know about solar installation in Oklahoma City.
How Much Do Solar Panels Cost in Oklahoma City, OK?
Our calculator uses real installation data from Oklahoma City homes—including Edmond, Norman, Moore, and Yukon—to show you accurate solar costs. Get personalized estimates based on what your neighbors actually paid, not national averages.
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You can still access the solar tax credit through Palmetto. Talk to us today to find out how.
Key Takeaways
- Oklahoma City electricity rates increased 10.9% from 2021 to 2024 and continue rising, making solar panels a smart way to lock in predictable energy costs.
- A typical 10 kW solar system in Oklahoma City saves homeowners around $46,000 over 25 years while offsetting 10 tons of carbon emissions annually.
- Oklahoma City homeowners can access net metering through OG&E and PSO to receive credits for excess solar energy sent back to the grid.
Oklahoma City Electricity Prices
Understanding electricity costs in Oklahoma City helps you make informed decisions about your home’s energy future and long-term budget planning.
Oklahoma City electricity rates have climbed from 11.0 cents per kilowatt-hour in 2021 to 12.2 cents in 2024—a 10.9% increase in just three years, with utility rates expected to continue rising.
Solar panels allow Oklahoma City homeowners to generate their own electricity, reducing dependence on utility rates. By producing power from your rooftop, you can offset purchases from the grid during peak rate periods.
Over a typical 25-year system lifespan, solar can provide decades of predictable energy costs. While utility rates fluctuate, your solar panels continue producing power at no additional fuel cost.
Price of Energy: Oklahoma vs National Average
Oklahoma City Area Utility Providers
Oklahoma City residents are served primarily by two utility providers: Oklahoma Gas & Electric (OG&E) and Public Service Company of Oklahoma (PSO). According to 2023 data, both offer rates below the national average of 16.0¢ per kWh.
OG&E’s rate of 10.8¢ per kWh and PSO’s rate of 13.8¢ per kWh reflect Oklahoma’s access to abundant natural gas resources and lower generation costs. Both rates sit near the state average of 12.10¢ per kWh.
While Oklahoma City enjoys relatively affordable electricity today, rates have steadily increased over time. Solar panels allow homeowners to generate their own power at a fixed cost, providing protection against future utility rate increases over the system’s 25+ year lifespan.
Oklahoma City Utilities Electricity Rates
Oklahoma Solar Incentives
Oklahoma City homeowners can access local utility programs that help offset solar installation costs and manage how you’re credited for excess energy production. Explore the solar incentives in Oklahoma available through your utility provider.
Your savings potential depends largely on your utility company. OG&E and PSO each offer net metering programs with different credit structures, billing rates, and rollover policies that directly impact your monthly energy costs and payback timeline.
These utility programs can change, so research current offerings carefully. Understanding your specific utility’s policies helps you make informed decisions about system sizing and battery storage options.
OG&E’s Net Energy Billing Option (NEBO) is a monthly net metering program that allows homeowners with solar panels to receive credit for excess electricity they send back to the grid. Each month, the electricity your solar system produces and exports to the grid is netted against what you consume 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 consumption.
If your solar system generates more electricity than you use in a given month, you’ll receive a credit in dollars for that excess energy. However, this excess credit is valued at OG&E’s Avoided Energy Cost rate, which is lower than the retail rate you pay for electricity. The rate you receive depends on whether the excess was generated during on-peak hours (summer weekdays from 2-7pm) or off-peak hours (all other times, including all winter hours). These excess credits are tracked separately by time period and carry forward to future billing periods.
One important consideration: if your accumulated credit carries forward for longer than 24 consecutive months or exceeds $100 in total (whichever comes first), either you or OG&E may request a one-time payment for that amount. This program is available to OG&E customers who install solar systems, though you’ll need to participate in time-of-use billing to take advantage of NEBO.
PSO’s Net Energy Metering Service (NEMS) allows homeowners with solar panels to offset their electricity costs through a monthly netting system. Each month, the electricity your solar system exports to the grid is credited against what you consume on a 1:1 basis. This means that for every kilowatt-hour (kWh) you send to the grid, you receive a full credit that offsets one kWh of electricity you use from the grid during that same month.
If your solar system produces more electricity than you use in a given month, the excess energy is credited to your account at PSO’s avoided cost rate, which is approximately 4 cents per kWh (typically ranging from 2 to 6 cents per kWh). These credits roll over month to month and can accumulate over time. However, if your accumulated credits exceed $100 or carry forward for more than 24 consecutive months (whichever comes first), either you or PSO may request a one-time payment for that amount. It’s important to note that participating customers must switch to a time-of-use (TOU) rate structure, which means your electricity rates will vary based on the time of day you use power.
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 City Solar Irradiance
Solar panel production varies throughout the year based on daylight hours, weather patterns, and sun intensity. Understanding how seasons affect your solar system helps set realistic expectations for your investment.
Oklahoma City enjoys abundant sunshine year-round, with over 230 sunny days annually. While summer storms and occasional clouds occur, proper system design ensures excellent solar production throughout all seasons.
Solar Production in Oklahoma City by Month
What Can Your Solar System Power?
Summer Production (July)
In July, your 10 kW system could power:
- 3.6 average 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 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 Panel Systems in Oklahoma City
We’ve mapped every solar installation across Oklahoma City to help you explore which neighborhoods are going solar. Click any hexagon to see how many homes in that area have made the switch to clean energy.
Leasing Solar Panels
Oklahoma City homeowners have flexible options to go solar through Palmetto. Depending on your utility provider, leasing may be available as an alternative to purchasing your system outright.
For customers served by Oklahoma Electric Coop (OEC), Oklahoma Gas & Electric (OG&E), and Public Service of Oklahoma (PSO), solar leasing is available. With a lease, you pay a fixed monthly amount based on your system’s expected annual production—making your solar costs predictable and easy to budget. Unlike purchasing, leasing means no upfront investment, and Palmetto handles system maintenance and monitoring throughout your agreement.
Ready to explore your options? Learn more about LightReach, Palmetto’s solar lease program that makes clean energy accessible without the investment.
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 in Oklahoma City for most homeowners. With electricity rates rising 10.9% from 2021 to 2024 and abundant sunshine year-round, solar panels offer a practical way to reduce energy costs and lock in predictable monthly bills for decades.
A typical 10 kW system saves Oklahoma City homeowners around $46,000 over 25 years while offsetting 10 tons of carbon emissions annually. Both OG&E and PSO offer net metering programs that credit you for excess solar energy, helping maximize your savings.
Yes, Oklahoma City homeowners have access to net metering through major utility providers. Both Oklahoma Gas & Electric (OG&E) and Public Service of Oklahoma (PSO) offer monthly net metering programs that credit you for excess solar energy sent back to the grid.
With OG&E’s Net Energy Billing Option (NEBO) and PSO’s Net Energy Metering Service (NEMS), your solar exports offset consumption on a 1:1 basis each month. Any excess production beyond what you use is credited at the utility’s avoided cost rate, typically 2-6 cents per kWh, and rolls over to future billing periods.
Yes, solar panels can increase your home value in Oklahoma City. Research from Zillow shows homes with solar panels sell for 4.1% more than comparable homes without solar systems.
For a median-priced Oklahoma City home, this could translate to thousands of dollars in added value. Buyers appreciate lower electricity bills and the environmental benefits that come with an installed solar system.
The cost of solar panels in Oklahoma City depends on your home size and energy needs. Based on actual Palmetto installations, a typical medium-sized home (2,000-3,000 sq ft) needs a 9.72 kW system costing around $27,296, or about $2.81 per watt.
Smaller homes may need a 6.97 kW system ($20,256), while larger homes typically require a 13.04 kW system ($35,795). These prices reflect the total system cost and can vary based on your specific roof characteristics and energy usage.
Yes, solar is financially worth it for most Oklahoma City homeowners. With electricity rates rising 10.9% from 2021 to 2024, a typical 10 kW system saves around $46,000 over 25 years while providing predictable energy costs.
Your payback period is approximately 16-17 years, meaning you’ll enjoy free electricity for the remaining system lifespan. Net metering through OG&E and PSO helps maximize savings by crediting excess solar production.
We’re Palmetto Solar, a national solar company with a local focus serving Oklahoma City homeowners. We combine industry-leading financing options with a trusted installation network to make solar accessible and straightforward.
Our team handles everything from design to installation, with transparent pricing and ongoing support. We’ve helped thousands of homeowners across the country transition to clean energy, and we’re here to guide you through every step of your solar journey in Oklahoma City.