Oklahoma Solar Tax Credits 2025 | How to Save 30% on Solar Panels

Understanding Solar Tax Credits in Oklahoma

Going solar in Oklahoma has never been more affordable, thanks to federal tax credits and utility incentive programs that can reduce your installation costs by thousands of dollars. If you've been wondering "what solar incentives are available in Oklahoma?" or "how does the solar tax credit work?", this guide breaks down everything you need to know about saving money on solar panels in 2025.

At G 1:3 SoLar & Roofing, we help Oklahoma families navigate these programs every day. As one of the top solar companies in Oklahoma City, we ensure our customers take full advantage of every available incentive.

The Federal Solar Investment Tax Credit Explained

The biggest solar incentive available to Oklahoma homeowners is the federal solar investment tax credit, also known as the ITC. This program lets you claim 30% of your total solar installation cost as a credit on your federal income taxes.

Here's what that means in real dollars: if your solar panel system costs $20,000 to install, you can claim a $6,000 tax credit. That's $6,000 directly off what you owe to the IRS, not just a deduction from your taxable income.

The solar tax credit covers more than just the panels themselves. Eligible expenses include solar panels and mounting equipment, inverters and wiring, battery storage systems installed with solar, labor and installation costs, permitting fees, and sales tax on equipment. To claim the credit, you'll file IRS Form 5695 with your federal tax return the year after your system is installed.

Who Qualifies for the Solar Tax Credit in Oklahoma?

Most Oklahoma homeowners who install solar panels will qualify for the federal tax credit, but there are a few requirements to keep in mind.

You must own your solar panel system. If you purchase your system outright or finance it with a solar loan, you qualify. If you lease your panels or sign a power purchase agreement, the leasing company claims the credit instead of you.

You need sufficient tax liability. The solar tax credit is non-refundable, meaning it reduces what you owe but won't generate a refund beyond that. However, if your credit exceeds your tax liability in one year, you can roll the unused portion forward for up to five years.

The system must be installed at your primary or secondary residence in the United States. Rental properties where you don't live don't qualify for the residential credit, though commercial solar credits may apply.

Net Metering Programs in Oklahoma

Beyond the federal tax credit, Oklahoma's net metering programs provide ongoing savings on your electricity bills. Net metering allows you to send excess solar energy back to the grid in exchange for credits from your utility company.

Here's how solar net metering works in Oklahoma: during sunny hours, your solar panels often produce more electricity than your home needs. Instead of wasting that energy, it flows back to the grid. Your utility company tracks this excess production and credits your account. When your panels aren't producing, like at night, you draw power from the grid and those credits offset your usage.

Major Oklahoma utilities offering net metering include OG&E (Oklahoma Gas & Electric), PSO (Public Service Company of Oklahoma), and Oklahoma Electric Cooperative. Each utility has slightly different program terms, so it's important to work with a knowledgeable solar installer in Oklahoma who understands the specifics.

How Much Can Oklahoma Homeowners Save with Solar?

When you combine the federal solar tax credit with net metering and reduced electricity bills, the savings add up quickly. Let's look at a typical Oklahoma solar installation:

For an average system cost of $22,000, applying the 30% federal tax credit brings your net cost down to $15,400. The average monthly electricity savings run between $150 and $200, and the typical payback period falls between 10 and 14 years. Over a 25-year system lifespan, total savings often exceed $40,000 to $60,000.

These numbers vary based on your home's energy usage, roof orientation, local electricity rates, and system size. When you request a free solar quote from G 1:3 SoLar & Roofing, we provide a personalized savings analysis based on your actual electric bills.

Solar Financing Options in Oklahoma

Don't have $20,000 in cash for a solar installation? Most Oklahoma homeowners don't, and that's perfectly fine. Several financing options make solar panels affordable with little or no money down.

Solar loans allow you to finance your system while still owning it and claiming the federal tax credit. Many solar loans offer competitive interest rates and terms of 10 to 25 years. Your monthly loan payment is often less than what you were paying for electricity, meaning you start saving from day one.

Home equity loans and HELOCs use your home's equity to finance solar at potentially lower interest rates. The interest may also be tax-deductible, adding to your savings.

Cash purchases provide the highest long-term return on investment since you avoid interest charges entirely. If you can afford to pay upfront, you'll maximize your solar savings over the life of the system.

G 1:3 SoLar & Roofing works with multiple financing partners to help Oklahoma homeowners find the right payment option for their budget.

Maximizing Your Solar Investment in Oklahoma

Getting the most value from solar panels in Oklahoma requires smart planning. Here are tips our solar experts share with every customer:

Size your system correctly. An undersized system won't offset enough of your electricity bill, while an oversized system may produce more than you can use or get credit for. We analyze your historical energy usage to design the optimal system size.

Consider your roof's condition. Solar panels last 25+ years, so your roof should too. As Oklahoma's trusted solar and roofing company, G 1:3 SoLar & Roofing inspects every roof before installation. If repairs or replacement are needed, we handle everything in one project.

Think about battery storage. Adding a solar battery lets you store excess energy for use during outages or peak rate hours. Batteries also qualify for the 30% federal tax credit when installed with solar panels.

Act while incentives last. Federal solar tax credits are subject to change based on government policy. Locking in your installation now ensures you receive the current 30% credit.

Common Questions About Oklahoma Solar Incentives

Does Oklahoma have a state solar tax credit? Oklahoma does not currently offer a state-level solar tax credit. However, the federal tax credit and net metering programs still make solar a smart investment for Oklahoma homeowners.

Are solar panels tax-exempt in Oklahoma? Oklahoma does not offer a property tax exemption for solar panels, meaning your home's increased value from solar may be subject to property taxes. However, the energy savings typically far outweigh any tax increase.

How long does it take to get the solar tax credit? You claim the solar tax credit when you file your federal taxes the year after installation. If your system is installed in 2025, you'll claim the credit on your 2025 tax return filed in early 2026.

Get Your Free Solar Savings Estimate

Ready to see how much you can save with solar panels and tax credits in Oklahoma? G 1:3 SoLar & Roofing provides free, no-obligation consultations for homeowners in Oklahoma City, Tulsa, Norman, Edmond, and throughout the state.

Our team handles the paperwork, explains every incentive you qualify for, and designs a solar system that maximizes your return on investment. Stop overpaying for electricity and start generating your own clean energy.

Contact G 1:3 SoLar & Roofing at (405) 283-3745 or visit g13solar.com to schedule your free solar evaluation today.