Overview
Are you a Burbank Oklahoma resident looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been searching for. By analyzing weather data specific to Burbank, including average levels of precipitation, UV ratings, and cloud cover, along with basic electricity costs, we will outline the financial benefits of switching to solar energy. We will break down the cost of a solar system and estimate how long it will take for you to break even, making a compelling case for making the switch to solar power.
Burbank Oklahoma Weather Trends
Burbank Precipitation
With Burbank Oklahoma receiving 43.74 inches of precipitation in the last year, you may be wondering how this compares to the rest of the country and Oklahoma. Burbank falls below the national average of 50.61 inches and the Oklahoma average of 46.74 inches. By harnessing the power of solar energy, you can save money on your electricity bills despite Burbank’s slightly lower precipitation levels.
Burbank’s UV Rating
Considering Burbank’s average UV rating of 4.97 in the last year, it’s essential to understand how this rating measures up against the rest of the nation and Oklahoma. Burbank surpasses the national average of 4.29 but falls below Oklahoma’s average of 5.2. With a higher UV rating, solar panels in Burbank can generate more electricity efficiently, making them a smart investment for your home.
Burbank’s Cloud Cover
With Burbank experiencing an average of 34% cloud cover in the last year, you might be curious about how this compares to the cloud cover in the rest of the country and Oklahoma. Burbank’s cloud cover is lower than the national average of 44.46% but slightly higher than Oklahoma’s average of 33.43%. Lower cloud cover means more sunshine, providing ample opportunity for your solar panels to produce electricity efficiently throughout the year.
Burbank Oklahoma Electricity Costs
At $0.12/kw, Burbank Oklahoma residents pay slightly less for electricity compared to the national average of $0.13/kw and just above Oklahoma’s average of $0.11/kw. By installing solar panels on your home, you can decrease your dependence on traditional electricity sources, ultimately saving money over time. This switch to solar power can help you lower your electricity bills and contribute to a more sustainable future for your community.
When could you expect to break even on a solar installation in Burbank Oklahoma?
Considering the weather and electricity costs in Burbank, 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:
- Burbank receives slightly less precipitation than the national average, making it a good location for solar panels.
- Both the average UV rating and max UV rating in Burbank are higher than the national average, indicating good conditions for solar power generation.
- The average cloud cover in Burbank is lower than the national average, with a mix of clear and partly cloudy days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Burbank pay slightly less for electricity compared to the national average, at $0.12/kw.
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 needed from the grid and saving money on electricity bills.
- With Burbank’s lower electricity rates, the savings accumulate at a slightly slower rate compared to the national average.
After crunching the numbers, it looks like it would take around 8-10 years to cover the initial cost of the solar panels. This means that after that time period, the savings from using solar power will begin to outweigh the initial investment. Given that solar panels have a lifespan of 25-30 years, the savings over the long run make it a wise investment. Plus, you’ll be reducing your carbon footprint and helping the environment at the same time!
Investing in solar power in Burbank Oklahoma
In conclusion, installing solar panels on your home in Burbank, Oklahoma can be a cost-effective and eco-friendly way to generate electricity. By analyzing the weather data specific to Burbank and considering the electricity costs in the area, we have determined that it may take approximately 8-10 years to break even on the initial investment of a solar system. With solar panels lasting up to 30 years, the long-term savings make switching to solar power a smart choice for Burbank residents looking to save money and reduce their carbon footprint.