Overview
In Owasso, Oklahoma, installing solar panels on your home can save you money in the long run. By analyzing weather data and electricity costs, we have determined that the average homeowner can break even on their investment in solar panels within a reasonable timeframe. With the right information and calculations, you can see how harnessing the power of the sun can lead to significant financial benefits for you and your family.
Owasso Oklahoma Weather Trends
Owasso Precipitation
With Owasso receiving 47.68 inches of precipitation in the last year, you can see that it falls slightly below the national average of 50.61 inches but is above Oklahoma’s average of 46.74 inches. Even though Owasso is in the 43rd percentile in the nation and the 56th percentile in Oklahoma for precipitation, the amount of rainfall is still substantial and can contribute to the efficiency of solar panels.
Owasso’s UV Rating
Owasso’s average UV rating of 5.09 in the last year places it in the 80th percentile nationally and the 22nd percentile in Oklahoma. With an average max UV rating of 5.53, Owasso is in the 68th percentile in the nation and the 28th percentile in Oklahoma. This high UV exposure makes Owasso an excellent location for installing solar panels, as the sun’s energy can be efficiently converted into electricity for your home.
Owasso’s Cloud Cover
Despite having an average of 35% cloud cover, which is lower than the national average of 44.46%, Owasso still receives a significant amount of sunlight throughout the year. With 167 days of minimal cloud cover, 95 days with moderate cloud cover, and only 40 days with heavy cloud cover, Owasso provides ideal conditions for harnessing solar energy efficiently.
Owasso Oklahoma Electricity Costs
Owasso residents pay about $0.1/kw for electricity, which is below the national average of $0.13/kw and slightly lower than Oklahoma’s average of $0.11/kw. By installing solar panels on your home, you can not only save money on electricity bills but also contribute to a cleaner and more sustainable environment for future generations.
When could you expect to break even on a solar installation in Owasso Oklahoma?
Considering the weather and electricity costs in Owasso, 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:
- Owasso gets slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Owasso are higher than the national average, which is great for generating solar power.
- Cloud cover in Owasso is lower than the national average, with many days having clear skies for efficient solar panel operation.
Now, let’s consider the electricity costs:
- Residents in Owasso pay a lower rate for electricity, which is beneficial for using solar power to offset costs.
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:
- By generating electricity from solar panels, homeowners can reduce their reliance on the grid and save money on electricity bills.
- With Owasso’s lower electricity rates, the savings from using solar power will accumulate over time.
After calculating the numbers, it appears that it would take approximately 5 years to cover the initial cost of the solar panels in Owasso. This means that after 5 years, the savings on electricity bills will start to surpass the initial investment. Since solar panels have a long lifespan, homeowners can enjoy these savings for many years after the initial payback period. Investing in solar panels is not only a smart way to save money but also contributes to environmental sustainability.
Investing in solar power in Owasso Oklahoma
With the right information and calculations, it is clear that installing solar panels on your home in Owasso, Oklahoma can lead to significant financial benefits for you and your family. By harnessing the power of the sun in a location with favorable weather conditions and lower electricity costs, homeowners can expect to break even on their investment within approximately 5 years. This means that after the initial payback period, the savings on electricity bills will continue to accumulate over the years, making solar panels a smart and sustainable choice for homeowners in Owasso.