Overview
In Ardmore, Oklahoma, installing solar panels on your home can lead to significant financial savings in the long run. By analyzing weather data and basic electricity costs over the course of a year, we can estimate the cost of a solar system and how long it will take for you to break even. With ample sunlight, low precipitation, and minimal cloud cover, Ardmore is an ideal location for harnessing solar energy to reduce your electricity bills and contribute to a more sustainable future.
Ardmore Oklahoma Weather Trends
Ardmore Precipitation
With Ardmore Oklahoma receiving 38.32 inches of precipitation in the last year, residents can take advantage of the lower rainfall compared to both the national and state averages. This means less interference with solar panel efficiency and more potential for energy generation throughout the year.
Ardmore’s UV Rating
Thanks to Ardmore Oklahoma’s average UV rating of 5.46 over the last year, residents can benefit from high UV levels that are well above both the national and state averages. This means more sunlight for solar panels to convert into clean and renewable energy for your home.
Ardmore’s Cloud Cover
With Ardmore Oklahoma experiencing an average of 34% cloud cover in the last year, residents can enjoy clearer skies compared to the national average. This means more consistent solar energy production throughout the year, leading to greater savings on electricity bills and a reduced carbon footprint.
Ardmore Oklahoma Electricity Costs
Residents in Ardmore Oklahoma pay about $0.11/kw for electricity, which is lower than the national average. By installing solar panels on your home, you can take advantage of the cost savings and potentially even generate excess energy to sell back to the grid, further reducing your reliance on traditional electricity sources.
When could you expect to break even on a solar installation in Ardmore Oklahoma?
Considering the weather and electricity costs in Ardmore 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:
- Ardmore Oklahoma receives less precipitation compared to the national average, making it suitable for solar panels.
- The UV ratings in Ardmore Oklahoma are higher than the national average, making it an excellent location for generating solar power.
- Cloud cover in Ardmore Oklahoma is lower than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Ardmore Oklahoma pay less for electricity compared to the national average, which can impact the savings from using 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, providing long-term savings.
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:
- Solar panels generate electricity, reducing the amount purchased from the grid and saving money on electricity bills.
- With Ardmore Oklahoma’s lower electricity rates, the savings might take longer to cover the initial cost.
After analyzing the data, it looks like it would take approximately 8-10 years to cover the initial cost of the solar panels in Ardmore Oklahoma. This means that after this period, the savings generated from lower electricity bills will start to compensate for the investment. Since solar panels have a lifespan of 25-30 years, you will continue to benefit from these savings for many years to come, making it a wise financial and environmental choice.
Investing in solar power in Ardmore Oklahoma
Overall, installing solar panels in Ardmore, Oklahoma, is a smart investment that can lead to significant financial savings over time. With the combination of ample sunlight, lower precipitation, and minimal cloud cover, Ardmore provides an ideal environment for harnessing solar energy. By taking advantage of the lower electricity costs in the area, residents can expect to break even on their solar panel investment within 8-10 years. This initial cost recovery will lead to long-term savings on electricity bills and contribute to a more sustainable future for Ardmore and the environment.