Overview
Are you a resident of Smithville, Oklahoma looking to save money on your electricity bill? Installing solar panels on your home could be the solution you’ve been looking for! In this article, we will break down the financial benefits of switching to solar power based on weather data specific to Smithville, like precipitation, UV ratings, and cloud cover. By analyzing the cost of a solar system and estimating the time it will take to break even, we will show you how investing in solar panels can help you save money in the long run.
Smithville Oklahoma Weather Trends
Smithville Precipitation
With 61.28 inches of precipitation in the last year, Smithville, Oklahoma ranks in the 73rd percentile in the nation and the 96th percentile in Oklahoma. This means that Smithville receives more rainfall than most areas in the country and the state. By harnessing the power of the sun with solar panels, you can take advantage of this abundant natural resource to generate your own electricity and reduce your reliance on traditional power sources.
Smithville’s UV Rating
Smithville, Oklahoma boasts an average UV rating of 4.91, placing it in the 76th percentile in the nation and the 4th percentile in Oklahoma. This indicates that Smithville receives a significant amount of sunlight throughout the year, making it an ideal location for solar panel installation. With higher UV ratings compared to the national average, you can maximize your solar energy production and potentially save more on your electricity bills.
Smithville’s Cloud Cover
Despite having an average of 40% cloud cover, Smithville, Oklahoma is still in the 29th percentile in the nation and the 99th percentile in Oklahoma. This means that even with some cloud cover, there are plenty of clear days suitable for solar power generation. By investing in solar panels, you can capitalize on those sunny days and offset your electricity costs by producing your own clean and renewable energy.
Smithville Oklahoma Electricity Costs
Residents of Smithville, Oklahoma pay about $0.13/kw for electricity, placing them in the 73rd percentile in the nation and the 98th percentile in Oklahoma. While the cost of electricity in Smithville is on par with the national average, it is slightly higher than the state average. By installing solar panels on your home, you can lock in low, predictable energy costs and potentially save money on your electricity bills in the long run.
When could you expect to break even on a solar installation in Smithville Oklahoma?
Considering the weather and electricity costs in Smithville 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:
- Smithville Oklahoma received more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Smithville Oklahoma are higher than the national average, which is great for generating solar power.
- The cloud cover in Smithville Oklahoma is slightly lower than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Smithville Oklahoma pay about the same 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.
- Since electricity costs are not significantly higher than the national average, the savings are still significant.
Based on the calculations, it would take around 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, with solar panels lasting for 25 to 30 years, the long-term savings and benefits are substantial. It’s a wise financial decision that also contributes to environmental sustainability!
Investing in solar power in Smithville Oklahoma
By analyzing the weather trends specific to Smithville, Oklahoma and comparing the local electricity costs, it is clear that investing in solar panels can be a cost-effective and environmentally friendly decision for residents. With abundant precipitation, high UV ratings, and manageable cloud cover, Smithville provides an ideal setting for solar energy production. Considering the break-even period for a standard 10kW solar system to be around 5 years, the long-term savings and benefits associated with solar panel installation make it a wise financial choice. Not only can you reduce your reliance on traditional power sources, but you can also contribute to environmental sustainability by generating your own clean and renewable energy. Make the switch to solar power in Smithville – your wallet and the planet will thank you!