Overview
Are you tired of high electricity bills in Mustang, Oklahoma? Installing solar panels on your home can help you save money in the long run! We have collected weather data and electricity costs specific to Mustang to show you how much you can benefit financially from investing in solar energy. By breaking down the cost of a solar system and estimating the time it will take to break even, you can see just how much you stand to save by making the switch to solar power.
Mustang Oklahoma Weather Trends
Mustang Precipitation
With 43.72 inches of precipitation in the last year, Mustang Oklahoma ranks in the 35th percentile in the nation and the 40th percentile in Oklahoma. Compared to the national average of 50.61 inches and Oklahoma’s average of 46.74 inches, Mustang’s lower precipitation levels provide a great opportunity for solar energy production.
Mustang’s UV Rating
Mustang Oklahoma boasts an average UV rating of 5.22, placing it in the 83rd percentile in the nation and the 62nd percentile in Oklahoma. Compared to the national average of 4.29 and Oklahoma’s average of 5.2, Mustang’s higher UV rating makes it an ideal location for harnessing solar energy efficiently, leading to greater savings in the long run.
Mustang’s Cloud Cover
With an average of 31% cloud cover in the last year, Mustang Oklahoma ranks in the 9th percentile in the nation and the 29th percentile in Oklahoma. In comparison, the national average for average cloud cover is 44.46% and Oklahoma’s average is 33.43%. A lower cloud cover percentage in Mustang means more sunlight reaching your solar panels, maximizing your energy production and potential savings.
Mustang Oklahoma Electricity Costs
Residents in Mustang pay about $0.1/kw for electricity, placing them in the 16th percentile in the nation and the 31st percentile in Oklahoma. When compared to the national average of $0.13/kw and Oklahoma’s average of $0.11/kw, Mustang offers lower electricity costs, making the switch to solar panels an even more financially sound decision for long-term savings.
When could you expect to break even on a solar installation in Mustang Oklahoma?
Considering the weather and electricity costs in Mustang, 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:
- Mustang gets slightly less precipitation than the national average, and it has good UV ratings, making it suitable for solar panels.
- Cloud cover in Mustang is lower than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Mustang pay less for electricity compared to the national average, which is beneficial when using 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 need to buy as much from the grid.
- With lower electricity rates in Mustang, the savings from using solar power are substantial.
After analyzing the numbers, it looks like it would take around 4-6 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, you’ll continue to enjoy those savings for many years to come. It’s a smart financial and environmentally friendly decision!
Investing in solar power in Mustang Oklahoma
Installing solar panels in Mustang, Oklahoma can lead to significant financial benefits in the long run. With lower precipitation levels, higher UV ratings, and lower cloud cover compared to national averages, Mustang offers ideal conditions for harnessing solar energy efficiently. Additionally, residents benefit from lower electricity costs, making the switch to solar power a financially sound decision. By investing in a solar system, you could expect to break even in around 4-6 years, after which you will enjoy ongoing savings on electricity bills for the lifespan of the system. Making the switch to solar power is not only a wise financial choice but also an environmentally friendly one!