Overview
If you live in Felt, Oklahoma, installing solar panels on your home can save you money in the long run. By analyzing weather data and electricity costs specific to Felt, we can show you how much you can save on your electricity bills. Our article breaks down the cost of a solar system and estimates how long it will take for you to break even. With the financial benefits of solar energy in mind, we hope to show you why going solar is a smart decision for your wallet.
Felt Oklahoma Weather Trends
Felt Precipitation
With Felt, Oklahoma receiving only 25.85 inches of precipitation in the last year, well below the national and state averages of 50.61 inches and 46.74 inches respectively, it is evident that the sun shines bright in your area, making it ideal for solar energy. By harnessing the power of the sun, you can take advantage of the abundance of sunlight and reduce your dependence on traditional electricity sources.
Felt’s UV Rating
With Felt, Oklahoma boasting an average UV rating of 4.76 in the last year, higher than the national average of 4.29 but lower than the state average of 5.2, it shows that your area receives ample sunlight for solar energy production. With a maximum UV rating of 5.25, Felt’s potential for solar power generation is substantial. Installing solar panels on your home will allow you to tap into this valuable resource and save on your electricity bills.
Felt’s Cloud Cover
With an average of 27% cloud cover in Felt, Oklahoma, lower than the national average of 44.46% and the state average of 33.43%, your area experiences clear skies more often, providing optimal conditions for solar panel efficiency. The number of days with varying degrees of cloud cover also suggests favorable conditions for solar energy production. By going solar, you can capitalize on these clear days and generate clean, renewable energy for your home.
Felt Oklahoma Electricity Costs
At $0.18/kw, Felt, Oklahoma residents pay more for electricity compared to the national average of $0.13/kw and the state average of $0.11/kw. By installing solar panels and producing your own electricity, you can reduce your reliance on the grid and lower your energy costs in the long run. With the high electricity rates in your area, going solar is not only environmentally friendly but also financially beneficial.
When could you expect to break even on a solar installation in Felt Oklahoma?
Considering the weather and electricity costs in Felt 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:
- Felt Oklahoma received about half the national average in precipitation, making it a relatively dry area.
- The UV ratings in Felt Oklahoma are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Felt Oklahoma is lower than the national average, with a good amount of sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Felt Oklahoma pay a bit more for electricity compared to the national average, at $0.18/kw.
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 Felt Oklahoma’s electricity rates, the savings are substantial.
After crunching the numbers, it looks like it would take around 4-5 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. Given that solar panels last for 25-30 years, you’ll be enjoying those savings for a long time after the initial investment is recouped. It’s a wise financial decision that also benefits the environment!
Investing in solar power in Felt Oklahoma
Based on the analysis of weather trends and electricity costs specific to Felt, Oklahoma, it is clear that installing solar panels on your home can lead to significant savings over time. With above-average UV ratings, lower cloud cover, and higher electricity costs in your area, going solar is a smart financial choice. By investing in a solar system, you can break even on your initial costs in about 4-5 years and continue to enjoy savings on your electricity bills for the next 25-30 years. Not only is going solar financially beneficial, but it also helps reduce your carbon footprint and reliance on traditional energy sources. Make the switch to solar energy and start saving today!