Overview
In Cameron, Oklahoma, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs specific to the area, we have calculated the cost of a solar system and estimated the time it will take to break even. With an abundance of sunlight throughout the year and rising electricity rates, investing in solar energy can result in long-term savings for homeowners in Cameron.
Cameron Oklahoma Weather Trends
Cameron Precipitation
With Cameron, Oklahoma receiving 54.31 inches of precipitation in the last year, it is clear that the area has a higher than average amount of rainfall. Compared to the national average of 50.61 inches, and Oklahoma’s average of 46.74 inches, Cameron is in a favorable position. This means that installing solar panels in Cameron can effectively capture this excess rainfall to generate clean energy for your home.
Cameron’s UV Rating
With an average UV rating of 5.13 in the last year, Cameron, Oklahoma has a high level of sunlight exposure. This puts Cameron in the 81st percentile in the nation and the 38th percentile in Oklahoma. Compared to the national average of 4.29 and Oklahoma’s average of 5.2, Cameron’s abundance of sunlight makes it an ideal location for solar panel installation. With high UV ratings, solar panels in Cameron can produce maximum energy efficiency.
Cameron’s Cloud Cover
Last year, Cameron, Oklahoma had an average cloud cover of 38%, making it a prime location for solar energy production. This places Cameron in the 20th percentile in the nation and the 96th percentile in Oklahoma. Compared to the national average of 44.46% and Oklahoma’s average of 33.43%, Cameron’s low cloud cover allows for consistent and reliable solar panel performance. With fewer cloudy days, Cameron residents can rely on solar energy as a stable source of power.
Cameron Oklahoma Electricity Costs
Residents of Cameron, Oklahoma pay around $0.10/kw for electricity, positioning them in the 11th percentile in the nation and the 12th percentile in Oklahoma. With the national average for residential electricity at $0.13/kw and Oklahoma’s average at $0.11/kw, Cameron residents already enjoy relatively lower electricity costs. By installing solar panels, homeowners in Cameron can further reduce their electricity expenses and take advantage of the sun’s abundant energy to power their homes efficiently.
When could you expect to break even on a solar installation in Cameron Oklahoma?
Considering the weather and electricity costs in Cameron 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:
- Cameron Oklahoma receives slightly more precipitation than the national average, but it still has good sun exposure for solar panels.
- The UV ratings in Cameron Oklahoma are higher than the national average, which is great for generating solar power.
- The cloud cover in Cameron Oklahoma is lower than the national average, with a good number of sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Cameron Oklahoma pay a bit less for electricity compared to the national average.
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:
- Since Cameron Oklahoma has good sun exposure and lower electricity costs, the savings from using solar power will add up quickly.
After analyzing the data, it seems like it would take around 4-5 years to cover the initial cost of the solar panels in Cameron Oklahoma. That means, after 4-5 years, the money saved on electricity bills will start to pay off the investment. Additionally, with solar panels lasting for many years, the savings will continue to accumulate over time. Investing in solar panels is a wise decision both financially and environmentally!
Investing in solar power in Cameron Oklahoma
With abundant sunlight, low cloud cover, and relatively lower electricity costs, installing solar panels in Cameron, Oklahoma is a wise financial decision for homeowners. By breaking down the costs and analyzing the data, we have determined that it would take approximately 4-5 years to recoup the initial investment in solar panels. This means that residents can enjoy long-term savings on their electricity bills while also contributing to a cleaner environment. Investing in solar energy in Cameron is a smart choice for both the wallet and the planet.