Oklahoma offers good sun hours but low electricity rates from natural gas abundance moderate solar economics in the Sooner State.
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Oklahoma provides mixed solar conditions: With 5.2 daily peak sun hours but only 11¢/kWh electricity rates, the Sooner State offers moderate solar economics. OG&E serves Oklahoma City with net metering, but abundant natural gas keeps electricity costs low.
For Oklahoma City and Tulsa residents, solar systems typically pay for themselves in 10-12 years. Excellent sun exposure helps offset low electricity rates from natural gas abundance.
| Incentive | Amount | Status |
|---|---|---|
| Federal ITC | 30% of system cost | Active |
| OG&E Net Metering | Full retail rate | Active |
| Property Tax Exemption | Not available | None |
| Sales Tax Exemption | Not available | None |
| System size | Gross cost | After ITC | Annual savings | Payback |
|---|---|---|---|---|
| 6 kW | $16,200 | $11,340 | ~$1,030/yr | ~11.0 years |
| 8 kW | $21,600 | $15,120 | ~$1,370/yr | ~11.0 years |