Oklahoma
Benefits of Going Solar in Oklahoma:
Reduce or eliminate electricity bills: Solar panels generate electricity and can reduce or eliminate your reliance on traditional utility companies, lowering your monthly electricity bills.
Increase home value: Solar panels can increase the value of your home, making it more attractive to potential buyers if you decide to sell.
Reduce carbon footprint: Solar energy is a clean, renewable source of energy that produces no harmful emissions and helps to reduce your carbon footprint.
Energy independence: Generating your own electricity with solar panels can provide a sense of energy independence and security, especially during power outages or emergencies.
Top Utilities Net Metering Policies in Oklahoma:
Public Service Company of Oklahoma (PSO): PSO offers net metering for residential and commercial customers with solar panel systems up to 100 kW in capacity. Customers receive a credit on their bill for excess electricity generated by their system that is fed back into the grid.
Oklahoma Gas and Electric (OGE): OGE also offers net metering for residential and commercial customers with solar panel systems up to 100 kW in capacity. Customers receive a credit on their bill for excess electricity generated by their system that is fed back into the grid.
Rebates and Incentives in Oklahoma to go Solar:
Federal tax credit: Homeowners who install solar panels can qualify for a federal tax credit of up to 30% of the total cost of their solar panel system.
Oklahoma Tax Credit: Oklahoma offers a state tax credit for solar panel installations up to $5,000 for residential systems and up to $250,000 for commercial systems.
Sales Tax Exemption: Oklahoma exempts the sale and installation of solar panels from state sales tax.
Property Tax Exemption: Oklahoma exempts the added value of a solar panel system from property taxes for 5 years after installation.