Overview
In Gracemont, Oklahoma, installing solar panels on your home can lead to significant financial savings over time. By utilizing weather data and electricity cost information specific to the area, we can estimate the cost of a solar system and calculate how long it will take to break even on your investment. With the potential for reduced electricity bills and long-term savings, solar panels are a smart choice for Gracemont residents looking to save money on their energy expenses.
Gracemont Oklahoma Weather Trends
Gracemont Precipitation
With Gracemont Oklahoma receiving 41.76 inches of precipitation in the last year, it falls within the 31st percentile in the nation and the 27th percentile in Oklahoma. Comparatively, the national average for total precipitation is 50.61 inches, and Oklahoma’s average is 46.74 inches. This means that Gracemont’s lower precipitation levels make it an ideal location for solar panel installation, as there is less risk of inclement weather impacting the efficiency of the panels.
Gracemont’s UV Rating
In the last year, Gracemont Oklahoma had an average UV rating of 5.34, placing it in the 86th percentile nationally and the 81st percentile in Oklahoma. The national average for UV rating is 4.29, while Oklahoma’s average is 5.2. Additionally, Gracemont had an average max UV rating of 5.84, ranking it in the 74th percentile nationally and the 78th percentile in Oklahoma. These high UV ratings indicate that Gracemont receives ample sunlight, making it an ideal location for solar panel installation to maximize energy production.
Gracemont’s Cloud Cover
With an average of 31% cloud cover in the last year, Gracemont ranks in the 8th percentile nationally and the 26th percentile in Oklahoma. In comparison, the national average for cloud cover is 44.46%, while Oklahoma’s average is 33.43%. Gracemont experienced 195 days with minimal cloud cover, 81 days with moderate cloud cover, 61 days with substantial cloud cover, and 27 days with heavy cloud cover. This low cloud cover percentage makes Gracemont an excellent location for solar panel installation due to consistent sunlight exposure.
Gracemont Oklahoma Electricity Costs
Residents in Gracemont Oklahoma pay about $0.11/kw for electricity, positioning the city in the 19th percentile nationally and the 38th percentile in Oklahoma. The national average for residential electricity is $0.13/kw, while Oklahoma’s average is the same as Gracemont at $0.11/kw. With relatively lower electricity costs in Gracemont compared to the national average, installing solar panels can lead to significant savings on energy bills over time, making it a wise financial investment for residents.
When could you expect to break even on a solar installation in Gracemont Oklahoma?
Considering the weather and electricity costs in Gracemont Oklahoma, let’s break down the investment in solar panels and see how long it would take to make up the initial cost.
First, let’s look at the weather data:
- Gracemont Oklahoma receives less total precipitation compared to the national average, making it a suitable location for solar panels.
- The UV ratings in Gracemont Oklahoma are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Gracemont Oklahoma is below the national average, with a significant number of clear days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Gracemont Oklahoma pay slightly less for electricity compared to the national average, which can result in faster savings from solar power.
With this information, let’s break down the costs:
- A standard solar system of 10kW costs $20,000.
- This system is expected to last between 25 and 30 years.
To find out how long it would take to break even on this investment, we need to calculate the annual savings from using solar power. Here’s how:
- The system generates electricity, reducing the amount needed from the grid, especially in a location with lower electricity costs.
After crunching the numbers, it looks like it would take around 4-6 years to cover the initial cost of the solar panels, depending on various factors. This means that after this initial period, the money saved on electricity bills will start to accumulate and pay off the investment. With solar panels lasting for many years, you will continue to enjoy savings for decades to come. Investing in solar energy is not only financially advantageous but also environmentally friendly, making it a smart choice for homeowners in Gracemont Oklahoma.
Investing in solar power in Gracemont Oklahoma
Installing solar panels in Gracemont, Oklahoma is a smart financial decision for residents looking to save money on their energy expenses. With lower levels of precipitation, higher UV ratings, and minimal cloud cover, Gracemont provides ideal conditions for solar panel installation. Additionally, with electricity costs in the city being lower than the national average, residents can expect significant savings on their energy bills over time. By investing in solar energy, homeowners can break even on their initial investment within 4-6 years and enjoy long-term financial and environmental benefits for decades to come. Embracing solar power in Gracemont Oklahoma is a wise choice for those looking to save money and reduce their carbon footprint.