Overview
Are you looking to save money on your electricity bills in Lookeba, Oklahoma? Installing solar panels on your home could be the solution you’ve been searching for. By analyzing weather data and electricity costs specific to Lookeba, we will show you how a solar system can help you break even on your investment in a reasonable amount of time. Find out more about the financial benefits of going solar in Lookeba!
Lookeba Oklahoma Weather Trends
Lookeba Precipitation
With Lookeba Oklahoma receiving 41.9 inches of precipitation in the last year, it ranks in the 31st percentile nationally and the 29th percentile in Oklahoma. Compared to the national average of 50.61 inches and Oklahoma’s average of 46.74 inches, Lookeba’s lower precipitation levels make it an ideal location for solar panel installation.
Lookeba’s UV Rating
Having an average UV rating of 5.35 in the last year, Lookeba ranks in the 86th percentile nationally and the 83rd percentile in Oklahoma. With higher UV ratings than the national average of 4.29 and Oklahoma’s average of 5.2, Lookeba’s sunlight intensity is perfect for maximizing the efficiency of solar panels. Additionally, the average max UV rating of 5.83 further emphasizes the solar potential in Lookeba.
Lookeba’s Cloud Cover
With an average of 31% cloud cover in the last year, Lookeba falls in the 8th percentile nationally and the 20th percentile in Oklahoma. Compared to the national average of 44.46% and Oklahoma’s average of 33.43% cloud cover, Lookeba experiences relatively clear skies, allowing for consistent solar energy generation. The distribution of cloud cover days also provides ample sunlight for solar panels throughout the year.
Lookeba Oklahoma Electricity Costs
Residents in Lookeba pay about $0.09/kw for electricity, ranking in the 5th percentile nationally and the 3rd percentile in Oklahoma. With lower electricity costs compared to the national average of $0.13/kw and Oklahoma’s average of $0.11/kw, investing in solar panels can significantly reduce your energy expenses over time. By harnessing the abundant sunlight in Lookeba, you can generate your own clean and affordable electricity.
When could you expect to break even on a solar installation in Lookeba Oklahoma?
Considering the weather and electricity costs in Lookeba, 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:
- Lookeba, Oklahoma gets slightly less precipitation than the national average, but it still has enough sunny days for solar panels to be effective.
- The UV ratings in Lookeba are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Lookeba is lower than the national average, with a good number of clear days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lookeba, Oklahoma pay less for electricity compared to the national average.
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, which means you’ll need to buy less from the grid, saving you money on your electricity bills.
- With Lookeba’s lower electricity rates, the savings might not be as significant, but they’ll still add up over time.
After doing the calculations, it looks like it would take around 7-8 years to cover the initial cost of the solar panels. That means, after 7-8 years, the money saved on electricity bills will start to pay off the investment. And since solar panels last for a long time, you’ll continue to enjoy those savings for many years to come. It’s a wise investment both for your wallet and the environment!
Investing in solar power in Lookeba Oklahoma
With favorable weather conditions and relatively low electricity costs in Lookeba, Oklahoma, investing in solar panels can be a smart financial decision. By harnessing the abundant sunlight and clear skies in Lookeba, you can generate your own clean and affordable electricity, leading to savings on your energy bills. Based on the analysis of weather data and electricity costs specific to Lookeba, it is estimated that you could expect to break even on a solar installation in around 7-8 years. This means that the initial cost of the solar panels could be recouped through savings on electricity bills within a reasonable amount of time, making it a worthwhile investment for both your finances and the environment.