Overview
Are you tired of paying high electricity bills in Stillwater, Oklahoma? By harnessing the power of the sun with solar panels, you can significantly reduce your energy costs and potentially even eliminate them altogether. In this article, we will break down the financial benefits of installing solar panels on your home, including how long it will take for you to break even on your investment. With our data-driven analysis of the weather conditions in Stillwater and the cost of electricity in your area, you will see just how much you stand to save by making the switch to solar energy.
Stillwater Oklahoma Weather Trends
Stillwater Precipitation
With Stillwater, Oklahoma receiving 54.81 inches of precipitation in the last year, it is evident that your area experiences a fair amount of rainfall. Compared to the national average of 50.61 inches, Stillwater surpasses the typical level of precipitation. When looking at Oklahoma’s average of 46.74 inches, Stillwater stands out for its higher rainfall. By harnessing the power of sun with solar panels, you can offset your electricity usage, taking advantage of the sunny days between rain showers.
Stillwater’s UV Rating
When considering Stillwater’s average UV rating of 5.14, it is clear that your area receives a significant amount of sun exposure. Comparing this to the national average of 4.29 shows that Stillwater has a higher than typical UV rating. Although Oklahoma’s average UV rating is slightly higher than Stillwater’s at 5.2, your area still enjoys ample sunshine. By installing solar panels, you can take advantage of this abundant sunlight to power your home and potentially even sell excess energy back to the grid.
Stillwater’s Cloud Cover
With an average of 33% cloud cover in the last year, Stillwater Oklahoma experiences relatively clear skies. Compared to the national average of 44.46% cloud cover, Stillwater enjoys more sunshine on average. Oklahoma’s average cloud cover of 33.43% is similar to Stillwater’s, indicating consistent sunny days. By harnessing solar energy in a place with such low cloud cover, you can maximize the efficiency of your solar panels and reduce your reliance on traditional electricity sources.
Stillwater Oklahoma Electricity Costs
Stillwater residents pay approximately $0.1/kw for electricity, making it an affordable option when compared to the national average of $0.13/kw. While Oklahoma’s average electricity cost is slightly lower at $0.11/kw, Stillwater remains competitive in terms of pricing. By investing in solar panels, you can hedge against potential future electricity rate hikes and lock in low-cost, renewable energy to power your home.
When could you expect to break even on a solar installation in Stillwater Oklahoma?
Considering the weather and electricity costs in Stillwater 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:
- Stillwater Oklahoma receives slightly more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Stillwater Oklahoma are higher than the national average, making it a good location for generating solar power.
- Cloud cover is lower in Stillwater Oklahoma compared to the national average, with most days having between 0% and 25% cloud cover.
Now, let’s consider the electricity costs:
- Residents in Stillwater 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 purchased from the grid.
- With the lower electricity costs in Stillwater Oklahoma, the savings are slightly less compared to the national average.
After analyzing the data, it seems that it would take around 6 years to cover the initial cost of the solar panels in Stillwater Oklahoma. This means that after 6 years, the savings on electricity bills will start to accumulate and offset the investment cost. Since solar panels have a long lifespan, you can expect to enjoy these savings for many years to come, making it a wise financial decision in the long run.
Investing in solar power in Stillwater Oklahoma
With the combination of abundant sunlight, lower cloud cover, and affordable electricity costs in Stillwater, Oklahoma, investing in solar panels is a smart financial decision. By harnessing solar energy, you can expect to break even on your investment in around 6 years, after which you will start to see significant savings on your electricity bills. Not only does solar power help you save money, but it also allows you to contribute to a cleaner, more sustainable environment. Make the switch to solar energy today and start reaping the benefits for years to come!