Overview
Are you a resident of Delaware, Oklahoma looking to save money on your electricity bills while also contributing to a cleaner environment? In this article, we will explore the financial benefits of installing solar panels on your home in Delaware, Oklahoma. By analyzing weather data and basic electricity costs, we will show you how investing in a solar system can help you save money in the long run and estimate how quickly you can break even on your investment. Let’s dive into how solar energy can benefit you and your wallet in Delaware, Oklahoma.
Delaware Oklahoma Weather Trends
Delaware Precipitation
With an annual precipitation of 51.33 inches, Delaware, Oklahoma falls slightly above the national average of 50.61 inches. Compared to the rest of Oklahoma, Delaware is in a higher percentile for precipitation. By harnessing this natural resource, residents can take advantage of the rainwater to power their solar panels and potentially save more on their electricity bills in the long run. Additionally, investing in solar panels can help reduce the carbon footprint and contribute to a cleaner environment for future generations.
Delaware’s UV Rating
Delaware, Oklahoma enjoys an average UV rating of 4.96, higher than the national average of 4.29. Despite being in the 7th percentile in Oklahoma, Delaware ranks in the 77th percentile in the nation for UV rating. This means that residents can benefit from the ample sunlight to generate solar energy for their homes. By installing solar panels, Delaware residents can capitalize on the higher UV rating and potentially reduce their dependency on traditional grid electricity, leading to long-term savings.
Delaware’s Cloud Cover
With an average cloud cover of 36%, Delaware, Oklahoma experiences less cloud cover compared to the national average of 44.46%. Despite being in the 79th percentile in Oklahoma, Delaware is in the 15th percentile in the nation for cloud cover. This lower cloud cover provides more opportunities for solar panels to generate electricity efficiently. By tapping into the sunlight when there are fewer clouds, residents can maximize their solar energy production and potentially see greater savings on their electricity bills.
Delaware Oklahoma Electricity Costs
Delaware, Oklahoma residents pay about $0.1/kw for electricity, which is lower than the national average of $0.13/kw. Although the state’s average is $0.11/kw, Delaware falls even below that, presenting an opportunity for residents to save more on their electricity bills. By investing in solar panels, residents can generate their electricity, further reducing their reliance on the grid and potentially lowering their overall energy costs in the long term.
When could you expect to break even on a solar installation in Delaware Oklahoma?
Considering the weather and electricity costs in Delaware 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:
- Delaware Oklahoma gets slightly more precipitation than the national average, but it still has plenty of sunny days for solar panels to be effective.
- The UV ratings in Delaware Oklahoma are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Delaware Oklahoma is lower than the national average, with a good number of days having low to moderate cloud cover.
Now, let’s consider the electricity costs:
- Residents in Delaware Oklahoma pay slightly less for electricity compared to the national average.
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 lowering electricity bills.
- With lower electricity costs in Delaware Oklahoma, the savings may not be as high compared to locations with higher electricity rates.
After crunching the numbers, it looks like it would take around 10-12 years to cover the initial cost of the solar panels. This means that after 10-12 years, the money saved on electricity bills will begin to outweigh the initial investment. And since solar panels last for a long time, you’ll continue to enjoy those savings for many years after reaching the break-even point. It’s a wise investment for both your finances and the environment!
Investing in solar power in Delaware Oklahoma
Installing solar panels in Delaware, Oklahoma can be a smart financial decision that also benefits the environment. With higher than average precipitation, UV ratings, and lower cloud cover, residents have ample opportunity to generate solar power. Combine this with the lower electricity costs in the state, and you have a winning recipe for long-term savings. By investing in solar energy, residents can expect to break even on their initial costs within 10-12 years, enjoying years of reduced electricity bills and a cleaner energy source. So, if you’re looking to save money and reduce your carbon footprint, solar panels in Delaware, Oklahoma are definitely worth considering.