Overview
In Fairmont Oklahoma, installing solar panels on your home can lead to significant financial benefits. By analyzing a year’s worth of weather data and electricity costs, we can show you how much money you can save by generating your own electricity. We will break down the costs of a solar system and estimate the time it will take to break even on your investment. With the sunny weather and low cloud cover in Fairmont, solar energy is a smart choice for saving money on your electric bills.
Fairmont Oklahoma Weather Trends
Fairmont Precipitation
With Fairmont Oklahoma receiving 45.61 inches of precipitation in the last year, it is evident that the area sees a moderate amount of rain. Compared to the rest of the country, Fairmont falls just below the national average of 50.61 inches. However, it is slightly higher than Oklahoma’s average of 46.74 inches. Despite this, the occasional rain showers should not deter you from considering solar panels for your home.
Fairmont’s UV Rating
Fairmont Oklahoma boasts an average UV rating of 5.12, which indicates a substantial amount of sunlight exposure. This places Fairmont above the national average of 4.29, although it falls slightly below Oklahoma’s average of 5.2. Additionally, with an average max UV rating of 5.58, Fairmont enjoys plenty of sunny days throughout the year compared to both the nation and the state. Taking advantage of this abundant sunlight through solar panels can lead to significant savings on your energy bills.
Fairmont’s Cloud Cover
With an average of 32% cloud cover in the last year, Fairmont Oklahoma experiences fewer cloudy days compared to the national average of 44.46%. While this falls slightly below Oklahoma’s average of 33.43%, it still provides ample opportunities for harnessing solar energy. With a significant number of days having minimal cloud cover, Fairmont residents have the ideal conditions for generating electricity through solar panels efficiently.
Fairmont Oklahoma Electricity Costs
Residents of Fairmont Oklahoma pay approximately $0.11/kw for electricity, making it a cost-effective option for powering your home. This rate is slightly below the national average of $0.13/kw, and on par with Oklahoma’s average. By installing solar panels, you can further reduce your electricity costs and potentially even earn credits for excess energy generated. Making the switch to solar energy can lead to substantial long-term savings while also reducing your carbon footprint.
When could you expect to break even on a solar installation in Fairmont Oklahoma?
Considering the weather and electricity costs in Fairmont 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:
- Fairmont Oklahoma receives slightly less rain than the national average, making it a good location for solar panels.
- The UV ratings in Fairmont Oklahoma are higher than the national average, providing a good environment for generating solar power.
- Cloud cover in Fairmont Oklahoma is lower than the national average, with a good number of sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Fairmont Oklahoma pay slightly less for electricity compared to the national average, which can impact 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 needed from the grid and resulting in savings on electricity bills.
- With Fairmont Oklahoma’s lower electricity rates, the savings may be slightly lower compared to other locations.
After crunching the numbers, it seems that it would take approximately 8-10 years to cover the initial cost of the solar panels in Fairmont Oklahoma. This means that after 8-10 years, the money saved on electricity bills will start to accumulate and pay off the investment. And keep in mind, solar panels have a long lifespan, so beyond that initial period, the savings will continue for many years ahead. It’s a wise investment for both your wallet and the environment!
Investing in solar power in Fairmont Oklahoma
In Fairmont Oklahoma, installing solar panels can be a great financial decision. By taking advantage of the sunny weather and low cloud cover, residents can save money on their electric bills. With lower-than-average rainfall and electricity costs, solar energy can lead to significant long-term savings. By investing in solar panels, residents can expect to break even on their initial investment within 8-10 years. This environmentally friendly choice not only benefits your wallet but also helps reduce your carbon footprint. Consider making the switch to solar energy in Fairmont Oklahoma for a brighter, more sustainable future.