Overview
If you’re a Sharon Oklahoma resident looking to save money on your electricity bills, installing solar panels on your home could be a smart investment. By analyzing weather data specific to Sharon, such as inches of precipitation, average max UV rating, average UV rating, and average percentage cloud cover, along with basic electricity costs, we can estimate the potential financial benefits of going solar. In this article, we will break down the cost of a solar system, estimate how long it will take to break even, and show you why making the switch to solar power could be a wise decision for your wallet.
Sharon Oklahoma Weather Trends
Sharon Precipitation
With Sharon Oklahoma receiving 41.98 inches of precipitation in the last year, it falls below both the national and state averages. This means that Sharon residents may not always rely on rain to help power their homes, making solar panels an even more attractive option. By harnessing the power of the sun, you can ensure a consistent and predictable source of energy for your household.
Sharon’s UV Rating
Sharon’s average UV rating of 5.06 in the last year is higher than both the national and state averages. This abundance of sunlight makes Sharon an excellent location for harnessing solar energy. By installing solar panels on your home, you can take advantage of this abundant resource to generate clean and sustainable electricity. The sunny days in Sharon are not only ideal for outdoor activities but also for powering your home efficiently with solar energy.
Sharon’s Cloud Cover
With an average cloud cover of 31% in the last year, Sharon experiences less cloudiness compared to both the national and state averages. This means that there are plenty of clear skies for solar panels to capture sunlight and convert it into electricity. By going solar in Sharon, you can maximize your energy production and reduce your reliance on the grid, ultimately saving money on your electricity bills.
Sharon Oklahoma Electricity Costs
Sharon residents pay about $0.12/kw for electricity, which is slightly lower than the national average and on par with the state average. By transitioning to solar energy, you can lock in your electricity costs and protect yourself from potential utility rate hikes in the future. Over time, the savings from generating your own electricity with solar panels can help offset the initial investment, making it a financially wise decision for Sharon homeowners.
When could you expect to break even on a solar installation in Sharon Oklahoma?
Considering the weather and electricity costs in Sharon, 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:
- Sharon receives slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Sharon are higher than the national average, which is great for generating solar power.
- Cloud cover in Sharon is lower than the national average, providing more sunny days for solar panels to work effectively.
Now, let’s consider the electricity costs:
- Residents in Sharon pay slightly less for electricity compared to the national average, which can contribute to greater 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 solar system generates electricity, reducing the amount needed from the grid and therefore lowering monthly electricity bills.
- With the lower-than-average electricity costs in Sharon, the savings from solar power can add up over time.
After crunching the numbers, it looks like it would take around 6-7 years to cover the initial cost of the solar panels. That means, after 6-7 years, the money saved on electricity bills will start to accumulate and pay off the investment. Since solar panels last for a long time, you will continue to enjoy those savings for many more years. Investing in solar panels is not only a cost-effective decision but also an environmentally friendly one, benefiting both your wallet and the planet in the long run!
Investing in solar power in Sharon Oklahoma
Installing solar panels in Sharon, Oklahoma can be a beneficial investment for residents looking to save money on their electricity bills. With the weather trends in Sharon, including lower precipitation, higher UV ratings, and less cloud cover compared to national averages, solar panels can efficiently generate clean and sustainable energy. Additionally, the electricity costs in Sharon are slightly lower than the national average, allowing homeowners to lock in their costs and protect against potential rate hikes. By analyzing the data, it is estimated that it would take around 6-7 years to break even on the initial cost of a solar system. Ultimately, investing in solar power is a financially wise decision that can lead to long-term savings and a positive impact on both your wallet and the environment.