Overview
Are you a Bison, Oklahoma resident looking to save money on your electricity bill? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data and electricity costs specific to your area, we can show you how quickly you can break even on the cost of a solar system. With the financial benefits of generating your own electricity, it’s time to consider making the switch to solar power.
Bison Oklahoma Weather Trends
Bison Precipitation
With Bison, Oklahoma receiving 42.72 inches of precipitation in the last year, it falls in the 33rd percentile both nationally and within Oklahoma. Comparatively, the national average for total precipitation is 50.61 inches, while Oklahoma’s average stands at 46.74 inches. Despite being slightly lower, the amount of precipitation in Bison is still substantial enough to consider the benefits of solar energy.
Bison’s UV Rating
Having an average UV rating of 5.11 in Bison places it in the 81st percentile nationwide, but only in the 28th percentile within Oklahoma. While the national average UV rating is 4.29, Oklahoma’s average is slightly higher at 5.2. The fact that Bison receives a high UV rating indicates that solar panels in the area would be very effective in generating electricity, making it a financially sound decision for residents.
Bison’s Cloud Cover
With an average of 31% cloud cover in Bison over the last year, the city ranks in the 9th percentile nationally and in the 29th percentile within Oklahoma. In comparison, the national average for cloud cover is 44.46%, and Oklahoma’s average is 33.43%. Given that Bison has a lower amount of cloud cover, solar panels could consistently harness solar energy, providing a reliable source of electricity for residents.
Bison Oklahoma Electricity Costs
Residents in Bison, Oklahoma only pay about $0.1/kw for electricity, placing them in the 18th percentile nationally and the 35th percentile within Oklahoma. In contrast, the national average for residential electricity costs is $0.13/kw, while Oklahoma’s average is slightly lower at $0.11/kw. With lower electricity costs in Bison, investing in solar panels can lead to significant savings in the long run, making it a wise financial choice for residents.
When could you expect to break even on a solar installation in Bison Oklahoma?
Considering the weather and electricity costs in Bison, 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:
- Bison receives slightly less precipitation than the national average, making it suitable for solar panel installation.
- The UV ratings in Bison are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Bison is lower than the national average, with a mix of sunny and cloudy days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Bison pay less for electricity compared to the national average, which impacts 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.
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, especially with Bison’s lower electricity rates.
After analyzing the data, it appears that it would take around 4 to 5 years to cover the initial cost of the solar panels. This means that after this period, the savings on electricity bills will begin to accumulate and offset the investment. Additionally, since solar panels have a lifespan of 25 to 30 years, the long-term savings and benefits of using solar power in Bison are significant. By investing in solar energy, residents can save money and contribute to a greener environment for many years to come.
Investing in solar power in Bison Oklahoma
With the favorable weather conditions in Bison, Oklahoma for solar energy generation and the relatively low electricity costs in the area, investing in solar panels can lead to significant savings in just a few years. By harnessing the power of the sun, residents can expect to break even on their initial investment in around 4 to 5 years. With solar panels lasting up to 30 years, the long-term financial benefits of using solar power are substantial. Making the switch to solar energy not only saves money but also contributes to a more sustainable and environmentally friendly community for years to come.