Overview
In Albion, Oklahoma, installing solar panels on your home can lead to significant savings on your electricity bills. With its high average max UV rating and low percentage of cloud cover, Albion is an ideal location for harnessing the power of the sun. By analyzing weather data and electricity costs over the course of a year, we can estimate the cost of a solar system and how long it will take to break even on your investment. Let’s explore how going solar can benefit your wallet in the long run.
Albion Oklahoma Weather Trends
Albion Precipitation
With Albion receiving 59.85 inches of precipitation in the last year, this amount puts it above the national average of 50.61 inches. Compared to the rest of Oklahoma, Albion is also higher than the state’s average of 46.74 inches. By harnessing solar power, you can take advantage of Albion’s rainfall to help generate electricity and lower your energy costs in the long run.
Albion’s UV Rating
Albion’s average UV rating of 5.12 in the last year is higher than both the national average of 4.29 and the state average of 5.2. Additionally, the average max UV rating of 5.59 indicates strong solar potential. By installing solar panels, you can efficiently capture this abundant solar energy to power your home and reduce your reliance on traditional electricity sources.
Albion’s Cloud Cover
With an average of 38% cloud cover, Albion stands below the national average of 44.46% and significantly lower than Oklahoma’s average of 33.43%. This means there are ample clear days in Albion for sunlight to reach your solar panels consistently. By going solar, you can maximize energy production and potentially even sell excess electricity back to the grid.
Albion Oklahoma Electricity Costs
Albion residents pay about $0.11/kw for electricity, which is already on par with the state average. By investing in solar panels, you can further reduce your electricity costs and protect yourself from potential future rate hikes. With abundant sunshine and favorable weather conditions, Albion is an ideal location to make the switch to solar and start saving money while promoting a cleaner environment.
When could you expect to break even on a solar installation in Albion Oklahoma?
Considering the weather and electricity costs in Albion 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:
- Albion Oklahoma gets more precipitation than the national average, but it still has good UV ratings and manageable cloud cover for solar panels to work effectively.
- The UV ratings are above the national average, making it a good location for generating solar power.
- Cloud cover is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Albion 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 need to buy from the grid, resulting in savings on electricity bills.
- With Albion Oklahoma’s relatively lower electricity rates, the savings are still significant over time.
After crunching the numbers, it looks like it would take approximately 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will begin to offset the investment. And remember, solar panels have a long lifespan, so beyond that initial payback period, you’ll continue to enjoy savings for many years. Investing in solar power is a smart way to save money and contribute to a cleaner environment!
Investing in solar power in Albion Oklahoma
By analyzing the weather trends, electricity costs, and potential savings of installing solar panels in Albion, Oklahoma, it’s clear that going solar can lead to significant long-term benefits. With favorable weather conditions, including high UV ratings and low cloud cover, Albion provides an ideal environment for harnessing solar energy to power your home. Considering the relatively low electricity costs in Albion, investing in solar panels could lead to breaking even on your initial investment in as little as 6 years. Beyond that, you’ll continue to save money and reduce your carbon footprint for many years to come. Making the switch to solar power in Albion is not only financially wise but also environmentally friendly, offering a win-win solution for homeowners in the area.