Overview
Are you a Boynton Oklahoma resident looking to save money on your electricity bills? Investing in solar panels for your home could be the solution you’ve been looking for. By analyzing weather data specific to Boynton Oklahoma, we have calculated the potential financial benefits of installing a solar system. With the high average max UV rating and low average percentage of cloud cover in this area, you could see significant savings on your electric bills over time. Stay tuned as we break down the cost of a solar system and estimate how long it will take for you to break even on your investment.
Boynton Oklahoma Weather Trends
Boynton Precipitation
With Boynton Oklahoma receiving 46.42 inches of precipitation in the last year, it is below both the national average of 50.61 inches and Oklahoma’s average of 46.74 inches. This means that Boynton residents can take advantage of the relatively lower precipitation levels to harness the power of the sun for their energy needs.
Boynton’s UV Rating
Boasting an average UV rating of 5.08 in the last year, Boynton Oklahoma is in the 80th percentile in the nation. Although this puts it below Oklahoma’s average of 5.2, it is still higher than the national average of 4.29. With such high UV levels, Boynton residents have the ideal conditions for generating solar energy to save on their electricity bills.
Boynton’s Cloud Cover
With an average of 35% cloud cover in the last year, Boynton Oklahoma is below both the national average of 44.46% and Oklahoma’s average of 33.43%. The abundance of clear sunny days, including 157 days with minimal cloud cover, provides ample opportunities for solar panels to efficiently generate electricity for Boynton residents.
Boynton Oklahoma Electricity Costs
At $0.1/kw, Boynton Oklahoma residents pay less for electricity compared to the national average of $0.13/kw, making it a cost-effective choice for solar panel installation. While it is slightly above Oklahoma’s average of $0.11/kw, the savings from utilizing solar energy in Boynton will quickly offset the initial investment in solar panels.
When could you expect to break even on a solar installation in Boynton Oklahoma?
Considering the weather and electricity costs in Boynton 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:
- Boynton Oklahoma receives slightly less precipitation than the national average, which is good for solar panel efficiency.
- The UV ratings in Boynton Oklahoma are above the national average, making it a great location for solar power generation.
- Cloud cover in Boynton Oklahoma is lower than the national average, with a good amount of sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Boynton Oklahoma pay less for electricity compared to the national average, which is beneficial for solar panel savings.
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 electricity from the solar panels, you reduce the amount purchased from the grid, leading to savings on electricity bills.
- With Boynton Oklahoma’s lower electricity rates, the savings from using solar power are significant.
After analyzing the data, it appears that it would take around 4-6 years to cover the initial cost of the solar panels in Boynton Oklahoma. This means that after this period, the money saved on electricity bills will start to exceed the initial investment. Additionally, considering the long lifespan of solar panels, the savings will continue for many years after breaking even. Investing in solar panels is a wise choice to save money and contribute to a greener environment.
Investing in solar power in Boynton Oklahoma
Investing in solar panels in Boynton, Oklahoma can be a smart way to save money on electricity bills. With ample sunny days, high UV ratings, and lower precipitation levels, residents in Boynton have the ideal conditions for generating solar energy. The cost of electricity in Boynton is also favorable for solar panel savings. By analyzing the data, we estimate that it would take around 4-6 years to break even on the initial investment in solar panels. This means that after this period, the savings on electricity bills will start to exceed the cost of the panels. Not only is investing in solar panels a financially sound decision, but it also contributes to a greener environment for the future.