Overview
Living in Hollis, Oklahoma, you can take advantage of the sunny weather and reduce your electricity costs by installing solar panels on your home. By analyzing 365 days of weather data and basic electricity costs, we will show you how much money you can save each year by going solar. With the cost breakdown of a solar system and an estimate of how long it will take to break even, you will see why switching to solar power is a smart financial decision for your home in Hollis.
Hollis Oklahoma Weather Trends
Hollis Precipitation
With Hollis receiving 37.5 inches of precipitation in the last year, it is below both the national and state averages. This means that the sunny weather in Hollis makes it an ideal location for harnessing solar power for your home. By installing solar panels, you can take advantage of the abundant sunlight and reduce your dependency on traditional electricity sources.
Hollis’s UV Rating
Having an average UV rating of 5.5, Hollis ranks high compared to the rest of the country and Oklahoma. With abundant sunlight available, installing solar panels on your home in Hollis can be a smart investment. The high UV rating means that you can generate more electricity from your solar panels, ultimately saving you money on your monthly electric bills.
Hollis’s Cloud Cover
With an average of 28% cloud cover in the last year, Hollis experiences minimal cloudiness, making it an ideal location for solar panel installation. Compared to the national and state averages, Hollis’s low cloud cover percentage means that your solar panels will be more efficient in generating electricity. By harnessing the sunlight effectively, you can see significant savings on your energy bills.
Hollis Oklahoma Electricity Costs
Residents in Hollis pay about $0.09/kw for electricity, which is lower than both the national and state averages. By switching to solar power, you can further reduce your electricity costs and take advantage of the savings. With the combination of low electricity costs and abundant sunlight, installing solar panels on your home in Hollis is a financially wise decision in the long run.
When could you expect to break even on a solar installation in Hollis Oklahoma?
Considering the weather and electricity costs in Hollis 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:
- Hollis Oklahoma receives less precipitation than the national average, making it a suitable location for solar panels.
- The UV ratings in Hollis Oklahoma are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Hollis Oklahoma is lower than the national average, with many days having clear skies for efficient solar energy production.
Now, let’s consider the electricity costs:
- Residents in Hollis Oklahoma pay less for electricity compared to the national average, which can affect the savings from 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 amount purchased from the grid and resulting in savings.
- Given the lower electricity rates in Hollis Oklahoma, the savings might not be as significant compared to other areas.
After analyzing the data, it appears that it could take around 8 to 10 years to cover the initial cost of the solar panels in Hollis Oklahoma. This means that after this period, the money saved on electricity bills will begin to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, you will continue to benefit from these savings for many years. Investing in solar panels is not only a financially wise decision but also a sustainable one that benefits both you and the environment.
Investing in solar power in Hollis Oklahoma
After analyzing the weather trends and electricity costs in Hollis, Oklahoma, it is clear that installing solar panels on your home can lead to significant savings in the long run. With abundant sunlight, low precipitation, and affordable electricity rates, switching to solar power is a smart financial decision. Based on the data, it could take around 8 to 10 years to break even on the initial investment in solar panels. However, the long lifespan of solar panels ensures that you will continue to save money on electricity bills for many years to come. Not only is this a financially wise choice, but it is also a sustainable one that benefits both homeowners and the environment.