Oklahoma Solar Power: 2026 Costs, Incentives & Savings
Solar in Oklahoma
Oklahoma electricity prices have jumped 21% between 2020 and 2024 — and that trend shows no signs of slowing down. For many homeowners across the state, home solar panels are becoming a practical way to take control of rising energy costs.
Whether you’re just starting to explore your options or ready to take the next step, this guide covers everything you need to know about solar installation in Oklahoma — from how it works to what it costs.
OKLAHOMA by the Numbers
- 35th Most residential solar in the United States
- 13k Households have installed solar panels
- 5.4 Average daily peak sun hours
- ~$40k Oklahoma average savings over 25 years
Oklahoma Solar Panel Cost
Curious what solar actually costs in Oklahoma? This calculator uses real installation data from Palmetto customers across the state — from Tulsa and Oklahoma City to Norman and Broken Arrow — to give you a localized estimate. See both your monthly LightReach lease payment (no upfront cost) and a full cash purchase comparison, so you can choose the path that fits your budget.
LeaseCash Purchase
System Size
This system size is designed to offset approximately 100% of the average electricity usage for a home in Oklahoma.
Recommended System
8.30 kW
Typical for your home size in OK
Your Monthly Payment
Estimated monthly cost with LightReach
$94/mo
As low as $94/mo
Why Lease Solar?
Following the 2025 Big Beautiful Bill, the federal 30% solar tax credit is no longer available for cash purchases. With a LightReach lease, Palmetto owns the system and still qualifies for the commercial ITC — passing those savings through to you via lower monthly payments.
- No upfront investment
- Palmetto handles all maintenance
- 90% Production Guarantee
- Comprehensive protection program included
Cost Breakdown
Your estimated investment
| Description | Cost |
|---|---|
| System Cost | $24,076 |
| Cost Per Watt | $2.90/W |
| Final Cost | $24,076 |
| Monthly Savings | $90 |
| Payback Period | 17.2 years |
| 25-Year Savings | $39,677 |
Palmetto Reviews
The process from beginning to the end of having our system installed was nothing but great! They answered all questions and were willing to update on everything that was going on during the process. It’s been a couple of months now since we’ve had the system installed and can tell a huge difference in our energy bill already.
Zachery Umphrey
Lillington, North Carolina
I got my solar system a few months ago and have already seen a huge reduction in my power bill. Palmetto did a great job on my install and have been good to work with. I am looking forward to having no light bill at all one day as I reduce my carbon footprint. Solar is the new power source of the future and Palmetto Solar is the place to buy it.
Van Guines
Richmond, Virginia
Palmetto Solar installed my solar panels and I have seen a significant energy cost decrease. To add to the review, the personnel I have worked with were amazing. They were informative, responsive, truly concerned about my experience, and answered all my questions throughout the entire process. If you are looking for Solar, I highly recommend Palmetto Solar.
Darrell Martin
Beaver, Pennsylvania
Key Takeaways
- Oklahoma electricity prices have risen 21% since 2020, making solar a smart way to take control of your monthly energy costs.
- Leasing solar through Palmetto’s LightReach program means no upfront cost, a fixed monthly payment, and Palmetto handles all maintenance.
- Oklahoma offers valuable solar incentives — including a full property tax exemption and sales tax exemption — that help reduce the cost of going solar.
Oklahoma Electricity Prices
Oklahoma electricity rates have been climbing — and your monthly bill is likely feeling the impact.
The average Oklahoma residential rate rose from 11.0 cents per kWh in 2021 to 12.2 cents in 2024 — about an 11% increase. Meanwhile, the national average hit 16.5 cents in 2024, meaning Oklahomans still pay below average — but the gap is narrowing.
Solar panels let you generate your own electricity at home, reducing how much you buy from the grid. The more your system produces, the less exposure you have to future rate increases — giving you more predictability over your energy costs.
With Palmetto’s LightReach program, you can go solar with no upfront cost. You pay a fixed monthly rate while Palmetto owns, monitors, and maintains the system — including a 90% Production Guarantee — so you’re protected from rising utility costs from day one.
Price of Energy: Oklahoma vs National Average
| Year | Oklahoma Average | US Average |
|---|---|---|
| 2021 | 11.0¢ | 16.0¢ |
| 2022 | 12.4¢ | 16.0¢ |
| 2023 | 12.1¢ | 16.0¢ |
| 2024 | 12.2¢ | 16.5¢ |
Oklahoma Area Utility Providers
Oklahoma homeowners are served by two major utilities — Oklahoma Gas & Electric (OG&E) and Public Service Company of Oklahoma (PSO). Based on 2023 data, both sit below the national average, but their rates tell two different stories.
| Utility Provider | 2023 Rate | Change from Previous Year |
|---|---|---|
| Oklahoma Gas & Electric (OG&E) | 10.80¢ | -32% |
| Public Service Company of Oklahoma (PSO) | 13.80¢ | -14% |
| OK Average | 12.10¢ | -24% |
| US Average | 16.0¢ | — |
Oklahoma Solar Incentives
Oklahoma homeowners have access to several solar incentives in Oklahoma — including state tax exemptions, net metering, and a federal battery storage credit — that can meaningfully reduce the cost of going solar.
| Incentive | Type | Description | Source |
|---|---|---|---|
| Oklahoma Property Tax Exemption for Solar Energy Systems | Property Tax Exemption | 100% property tax exemption on solar installation | Learn More |
| Oklahoma Sales Tax Exemption for Solar Equipment | Sales Tax Exemption | Exempts solar panels and equipment from sales tax | Learn More |
| Federal Battery Storage Tax Credit (Section 25D) | Tax Credit | 30% federal income tax credit on battery storage | Learn More |
| Oklahoma Net Metering / Net Billing Policy | Net Metering | Credit for surplus energy back to electric bill | Learn More |
| Solarize Oklahoma City — Community Group-Purchasing Program | Rebate | Volume discounts on solar installations | |
| Renewable Energy Certificates (RECs) — Voluntary Market | SREC | Trade Renewable Energy Certificates for income |
Oklahoma Solar Irradiance
Solar panel production varies throughout the year based on daylight hours, weather patterns, and sun intensity. Oklahoma’s wide-open skies and 230+ sunny days a year make it a strong candidate for solar.
What Can the Average Oklahoma Solar System Power?
Summer Production (July)
- 49.7 kWh/day
- Can power 3.6 average Oklahoma homes or run central AC for 18 hours.
Winter Production (December)
- 32.0 kWh/day
- Can power 2 average Oklahoma homes or keep home heating system running for 15 hours.
Annual Production
- 15303 kWh/year
- Offsets 10 tons of carbon dioxide emissions or equals the benefit of planting 175 trees or saves approximately $4,234 in electricity costs.
Go Solar with LightReach — No Upfront Cost
If you’re looking to go solar in Oklahoma without a large upfront investment, Palmetto’s LightReach program offers a solar lease. With a solar lease, you pay a simple, fixed monthly amount rather than purchasing the system outright. That means no large cash outlay, no loan to manage, and no surprise maintenance bills.
Frequently Asked Questions
Does Oklahoma have net metering?
Yes. The Oklahoma Corporation Commission (OCC) requires investor-owned utilities to offer net metering for solar systems up to 300 kW.
Do solar panels increase your home value in Oklahoma?
Yes — but only if you own the system outright. Homes with solar panels sell for approximately 4.1% more than without them.
How much does it cost to go solar in Oklahoma?
Starting at $94/month with no upfront cost.
Does solar make sense in Oklahoma?
Yes. With 5.4 average daily peak sun hours, solar can meaningfully reduce your monthly energy costs.