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#41 Solar ROI State

Solar Panel ROI in Oklahoma (OK)

Oklahoma averages 1,450 kWh per installed kW per year. At $11.2¢/kWh average utility rates, a 7 kW system produces a 25-year NPV of $4,345.

$13,328
System Cost (After Credits)
$4,345
25-Year NPV
11 years
Payback Period
$0.136/kWh
Solar LCOE

Solar Cost Breakdown in Oklahoma

7 kW system (2.72/W)$19,040
Federal ITC (30%)-$5,712
Net Cost$13,328

Solar Production in Oklahoma

Oklahoma receives an average of 1,450 kWh of solar energy per installed kW per year, based on NREL PVWatts data for a south-facing system at 20° tilt. A 7 kW system produces approximately 10,150 kWh in year one, declining by 0.5% annually due to panel degradation.

At Oklahoma's average residential rate of $11.2¢/kWh with 4% annual escalation, first-year savings are $1,137. The solar LCOE of $0.136/kWh is -21% below the current utility rate and stays fixed while utility rates continue to climb.

Net Metering in Oklahoma

No net metering mandate — OG&E and PSO offer limited buyback programs

Solar FAQ for Oklahoma

How much does solar cost in Oklahoma?
A typical 7 kW residential solar system in Oklahoma costs $19,040 before incentives. After the 30% federal ITC, the net cost drops to $13,328.
What is the solar payback period in Oklahoma?
Based on the average OK utility rate of $11.2¢/kWh and local solar irradiance of 1,450 kWh/kW/year, a 7 kW system typically pays for itself in 11 years. The 25-year NPV is $4,345.
Does Oklahoma have net metering?
No net metering mandate — OG&E and PSO offer limited buyback programs
What is the LCOE of solar in Oklahoma?
The levelized cost of solar energy in Oklahoma is approximately $0.136/kWh, compared to the current average utility rate of $11.2¢/kWh. Solar electricity costs -21% less than grid electricity at today's rates, and the gap widens as utility rates rise.
How much electricity does a solar panel produce in Oklahoma?
Oklahoma receives approximately 1,450 kWh of solar energy per installed kW per year. A 7 kW system produces about 10,150 kWh in its first year, enough to offset 97% of the average U.S. household's electricity consumption.

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Solar ROI in Similar States

Louisiana

NPV: $4,402 · Payback: 11yr
Rate: $11.8¢/kWh · #33 ranked

Wisconsin

NPV: $5,029 · Payback: 11yr
Rate: $15.2¢/kWh · #33 ranked

Missouri

NPV: $3,503 · Payback: 13yr
Rate: $12.2¢/kWh · #34 ranked

Indiana

NPV: $4,436 · Payback: 13yr
Rate: $14.2¢/kWh · #35 ranked

Idaho

NPV: $1,451 · Payback: 15yr
Rate: $10.2¢/kWh · #36 ranked

Montana

NPV: $3,189 · Payback: 13yr
Rate: $11.8¢/kWh · #37 ranked

Get Your Oklahoma Solar Analysis

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