Oklahoma is a great location for solar systems, with 234 sunny days on average per year. possesses a favorable environment for harnessing solar energy. While it may not claim the top spot in terms of sheer sunny days, Oklahoma’s climate offers conducive conditions for viable solar power projects. The state demonstrates a robust commitment to renewable energy through a suite of incentives and programs expressly designed to stimulate solar adoption. Here are some of the solar incentives available to homeowners and businesses in Oklahoma:
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Federal Solar Investment Tax Credit (ITC):
Homeowners that qualify for the Solar ITC can take advantage of a tax credit for 30% of the total purchase price of their solar system. This credit applies to all solar projects that begin construction in 2023 and will last through 2032, at which point it will drop to 26%.
Net Metering:
Oklahoma requires investor-owned utilities and electric cooperatives to offer net metering to all customers. All systems up to 100kW are eligible, and energy in excess of the total monthly on-site usage is credited to the customer’s account at the avoided cost (around 2 to 3 cents per kWh).
Solar Power Rebates:
Oklahoma does not offer state rebates, but you can get a lump sum payment or your installer will take the amount off the final installed price.
Further information and programs can be found at the Programs.Dsireusa.org
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