Frequently Asked Questions

The price of solar panels can differ significantly based on several factors specific to your household’s requirements. These factors include the size of your solar system, the type of panels selected, the expenses associated with installation, any additional accessories incorporated into the system, and your geographical location.

The cost of a residential solar setup can range from $5,000 to $40,000. However, it’s important to note that this price can be influenced by various state incentives, solar tax credits, and the long-term savings on electricity. By taking advantage of these benefits, you can potentially reduce the overall investment required for your solar panel installation.

When it comes to solar panel installation, careful planning, secure attachment, and proper wiring are essential to ensure the safety of both the equipment and the residents of your home. At Creed Solar OKC, we possess the necessary expertise and experience to install your solar panels correctly, minimizing the risk of damage to your property and any potential safety concerns for your family.

The solar installation process commences with the construction of scaffolding or supports, which are securely fastened to the roof of your home or another suitable area on your property that offers optimal sun exposure, if needed.

Subsequently, the solar panels are affixed to mounts on the scaffolding. Wiring is then carefully connected from the panels to a solar inverter, and, if desired, to a solar battery system.

Lastly, the wiring is extended from the inverter to the consumer unit within your home, and the panels are initiated and thoroughly tested to ensure that everything operates as intended.

By powering your home with solar energy, you can enjoy long-term savings on your energy bills. In Oklahoma, where the average cost of electricity is 11.93¢/kWh, solar power presents an opportunity to reduce or even eliminate this expense. The savings achieved per kilowatt-hour generated by a solar panel can be spread out over its entire lifespan. On average, residents in Oklahoma pay $129.80 per month for electricity. If you decide to invest in a residential solar panel system that costs $28,170 and covers 100% of your energy usage, it would take approximately 12.6 years to recoup the initial installation cost.

The Advantages of Energy Independence in Oklahoma
Installing solar panels brings with it a significant benefit: energy independence. When you generate your own electricity, you no longer rely solely on electric utilities. This newfound independence shields your family from fluctuations in daily and seasonal energy prices.

Extreme temperatures during summer and winter tend to drive up energy demand, resulting in higher electricity costs. By harnessing solar power, you can insulate yourself from these seasonal price fluctuations, enjoying more stable prices and predictable monthly bills.

Although most solar system owners remain connected to the power grid, having increased energy independence allows you to cover your own energy needs and even sell excess energy back to your utility provider.

Currently, around 14,500 homes in Oklahoma are powered by solar energy. Despite the state’s investment of over $265 million in solar power, solar accounts for only 0.49% of the total power generation. This signifies a significant opportunity to expand solar adoption and make a positive environmental impact in the Sooner State.

Homeowners residing in Oklahoma who are considering the installation of solar panels can take advantage of both the federal tax credit and the state’s net metering initiative. The Residential Clean Energy Credit is a tax incentive provided by the federal government, granting a 30% credit for solar systems purchased between 2022 and 2032.

In Oklahoma, there is a net metering program available to solar panel owners, enabling them to accumulate credits for surplus energy they supply back to the energy grid. These credits prove beneficial during periods with less sunlight, such as winter months when solar panels generate relatively less energy.

It is worth noting that installing solar panels can enhance the value of your home, potentially affecting property taxes. Unlike several other states, Oklahoma does not currently provide property tax protection or sales tax exemptions specifically for solar panel installations.

Solar panel efficiency is determined by the balance between sunlight absorption and reflection. In recent years, significant advancements have been made in solar technology, resulting in higher efficiency levels. Presently, solar panels have an average efficiency ranging from 18% to 20%, surpassing the previous average of 15%.

It’s worth noting that different types of solar panels offer varying degrees of efficiency. Moreover, factors such as sun exposure, weather conditions, temperature, panel color, and cleanliness can influence the overall efficiency. The overall efficiency of a solar system is also influenced by the performance of its other components.

To evaluate the efficiency rating of solar panels, their power output is compared to an idealized efficiency rate of 1kW of sunshine per square meter. Solar power energy is typically measured in kilowatts (kW). For instance, an average 2,000-square-foot home consumes approximately 32kW of energy per day.

Why Buy Solar Panels For Your Home?

When considering the purchase of solar panels for your residence, it’s crucial to gather comprehensive information to make an informed choice that suits your family’s needs. Opting for ownership of a solar energy system ensures not only the advantageous financial gains in the long run but also the abundant energy generated by each individual panel.

In contrast to conventional energy expenses, which vary in response to fluctuations in fuel prices such as oil, natural gas, and coal, the utilization of a solar panel system guarantees predictable and prepaid future energy costs. By investing in solar power for your residence, you are essentially safeguarding your home against future energy uncertainties.

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How To Go Solar

Ready to install a solar energy system on your home or building? Going green has never been easier.

Creed Solar will walk you through each step of the process. We analyze your electricity bill, design your system, get you financed and you will start generating electricity.