Overview
Are you tired of high electricity bills? Installing solar panels on your home in Altus, Oklahoma could save you money in the long run. By analyzing weather data and electricity costs, we will show you how a solar system can help you break even sooner than you might think. Let’s explore the financial benefits and why going solar is a smart investment for your home.
Altus Oklahoma Weather Trends
Altus Precipitation
With Altus Oklahoma receiving only 32.39 inches of precipitation in the last year, it falls below both the national and state averages. Compared to the national average of 50.61 inches and Oklahoma’s average of 46.74 inches, Altus’s lower precipitation levels provide more days of sun for solar panels to generate electricity efficiently.
Altus’s UV Rating
Altus Oklahoma boasts an impressive average UV rating of 5.55, ranking it among the highest percentiles in both the nation and the state. With an average max UV rating of 6.1, Altus enjoys abundant sunlight, making it an ideal location for solar panel installation. Compared to the national average of 4.29 and Oklahoma’s average of 5.2 for average UV rating, Altus clearly stands out for its high levels of sunlight.
Altus’s Cloud Cover
Altus Oklahoma experiences an average cloud cover of 29%, placing it in the lower percentiles compared to the national and state averages. With fewer cloudy days throughout the year, Altus provides a conducive environment for solar panels to consistently harness sunlight for energy production. The 199 days with between 0% and 25% cloud cover offer ample opportunities for solar power generation.
Altus Oklahoma Electricity Costs
Altus residents benefit from affordable electricity costs, paying approximately $0.09/kw. This places Altus below both national and state averages, with the national average sitting at $0.13/kw and Oklahoma’s average at $0.11/kw. Embracing solar energy in Altus can help homeowners reduce their reliance on grid electricity and further lower their energy bills in the long run.
When could you expect to break even on a solar installation in Altus Oklahoma?
Considering the weather and electricity costs in Altus 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:
- Altus Oklahoma receives less precipitation than the national average, making it a suitable location for solar panels.
- The UV ratings in Altus Oklahoma are higher than the national average, indicating good conditions for solar power generation.
- Altus Oklahoma has lower cloud cover than the national average, with a significant number of days having minimal cloud cover.
Now, let’s consider the electricity costs:
- Residents in Altus Oklahoma pay less for electricity compared to the national average, making it more cost-effective to generate solar power.
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 their own electricity, residents can reduce their reliance on the grid and save money on electricity bills.
- With lower electricity rates in Altus Oklahoma, the savings from using solar power are even more significant.
After analyzing the data, it appears that it would take approximately 6 years to cover the initial cost of the solar panels in Altus Oklahoma. This means that after 6 years, the money saved on electricity bills will exceed the initial investment. Additionally, since solar panels have a lifespan of 25 to 30 years, residents can continue to benefit from these savings for many years to come. Investing in solar panels not only helps save money but also contributes to a cleaner and more sustainable environment.
Investing in solar power in Altus Oklahoma
Installing solar panels in Altus, Oklahoma can be a wise financial decision that pays off in the long run. With the city’s abundant sunlight, low precipitation levels, and affordable electricity costs, residents can expect to break even on their investment in solar panels in approximately 6 years. After this initial period, the savings accumulated from reduced electricity bills will exceed the cost of installation, allowing homeowners to enjoy cost-effective energy for many years. Not only does going solar save money, but it also helps promote a cleaner and more sustainable environment for the future.