In 2023, it is predicted that Oklahoma homeowners may become the next powerhouse in solar adaptation as many residents are starting to Go Solar in the first quarter of 2023.
Oklahoma Homeowners Catching Up With Neighbor State Texas
As the push for renewable energy continues to gain momentum across the country, Oklahoma's homeowners are catching up to their Texan counterparts in solar installation.
According to recent data, Oklahoma's solar installation capacity has increased by 30% over the past year, with much of that growth being driven by residential installations. This is a significant shift from just a few years ago, when Oklahoma's solar market was largely dominated by large-scale commercial projects.
So what's driving this shift towards residential solar in Oklahoma? For one, the cost of solar panels has continued to decrease, making it more accessible for homeowners to install solar systems on their homes. Additionally, state and federal incentives have helped to make solar more affordable and attractive for homeowners.
However, perhaps the biggest factor contributing to Oklahoma's solar growth is simply awareness. As more and more homeowners learn about the benefits of solar power - including lower energy bills, increased home value, and reduced environmental impact - they are increasingly choosing to invest in solar for their homes.
Of course, Oklahoma still has a long way to go before it catches up with solar powerhouse states like California and Texas. But with continued growth in residential solar installations and a growing statewide commitment to renewable energy, Oklahoma's solar future looks bright.
What is the benefit of going Solar?
There are several benefits to going solar, both for individual homeowners and for society as a whole. Here are some of the key advantages:
Lower energy bills: One of the most obvious benefits of going solar is that it can save homeowners money on their energy bills. By generating their own electricity, homeowners can reduce their reliance on the grid and avoid paying high utility rates.
Increased home value: Solar panels can also increase the value of a home, making it more attractive to potential buyers. Studies have shown that homes with solar systems sell for more than homes without them, which can provide a significant return on investment for homeowners.
Environmental impact: Solar power is a clean and renewable energy source, which means that it has a much lower environmental impact than traditional fossil fuels. By using solar energy, homeowners can help to reduce greenhouse gas emissions and combat climate change.
Energy independence: When homeowners generate their own electricity with solar panels, they become less reliant on the grid and are better prepared for power out or other disruptions.
Government incentives: Many state and federal governments offer incentives for homeowners who install solar systems, such as tax credits or rebates. These incentives can help to offset the upfront costs of solar installation and make it more affordable for homeowners.
Overall, going solar can provide significant benefits for homeowners, the environment, and society as a whole.
Oklahoma Electric Providers Hidden Charges Adds More Reason For Homeowners To Go Solar
Oklahoma Electric Providers may have hidden charges that are not immediately apparent to customers. These charges can include Fuel Adjustment Retail Oklahoma Debit Rider, Annual Public Utility Assessment Fee, and Fixed Charges.
Fuel Adjustment Retail Oklahoma Debit Rider is usually the costliest of the hidden fees and is charged at a rate of $0.026708 per kWh,.38 1. This fee appears on a customer's bill, but the total cost is not included, requiring customers to do the math themselves.
The Annual Public Utility Assessment Fee is a mandatory fee charged by Oklahoma Electric Providers and is typically $0.25 .
Fixed Charges are also mandatory fees charged by Oklahoma Electric Providers and are based on the customer's usage. These fees can vary depending on the provider and the customer's usage .