Overview
This article will explore the financial benefits of installing solar panels on your home in Carnegie, Oklahoma. By analyzing data on weather patterns and electricity costs specific to the area, we will show you how much money you can save by making the switch to solar energy. We will break down the cost of a solar system and estimate the time it will take for you to break even on your investment. With the potential for long-term savings and a positive impact on the environment, going solar in Carnegie is a smart decision for your wallet and the planet.
Carnegie Oklahoma Weather Trends
Carnegie Precipitation
With Carnegie, Oklahoma receiving 40.89 inches of precipitation in the last year, the town falls in the 29th percentile nationally and the 24th percentile within Oklahoma. In comparison, the national average for total precipitation is 50.61 inches, while Oklahoma averages 46.74 inches. By harnessing this rainfall through solar panels, Carnegie residents can capitalize on the natural resources in their area.
Carnegie’s UV Rating
In the last year, Carnegie, Oklahoma had an average UV rating of 5.35, ranking the town in the 86th percentile nationally and the 82nd percentile in the state. Comparatively, the national average for UV rating is 4.29, while Oklahoma’s average sits at 5.2. With an average max UV rating of 5.87, Carnegie residents have abundant sunlight that can be converted into clean, renewable energy through solar panels.
Carnegie’s Cloud Cover
With an average of 31% cloud cover in the last year, Carnegie, Oklahoma finds itself in the 8th percentile nationally and the 21st percentile in the state. In contrast, the national average for cloud cover is 44.46%, while Oklahoma averages 33.43%. With 194 days of clear skies, Carnegie residents have ample opportunities to generate solar power throughout the year.
Carnegie Oklahoma Electricity Costs
Residents of Carnegie, Oklahoma pay approximately $0.09 per kilowatt-hour for electricity, placing the town in the 5th percentile nationwide and the 3rd percentile within Oklahoma. In comparison, the national average for residential electricity is $0.13/kw, while Oklahoma’s average stands at $0.11/kw. By switching to solar energy, Carnegie residents can reduce their reliance on traditional electricity sources and lower their monthly utility bills.
When could you expect to break even on a solar installation in Carnegie Oklahoma?
Considering the weather and electricity costs in Carnegie 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:
- Carnegie Oklahoma receives slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Carnegie 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 Carnegie Oklahoma pay less for electricity compared to the national average, which can affect the savings from using solar panels.
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, especially with lower electricity costs in Carnegie Oklahoma.
Based on the data and calculations, it looks like it would take around 5-6 years to cover the initial cost of the solar panels in Carnegie Oklahoma. This means that after 5-6 years, the money saved on electricity bills will start to offset the investment. Since solar panels last for a long time, you can enjoy those savings for many years to come after the initial payback period. It’s a smart investment that pays off in the long run and contributes to a sustainable future.
Investing in solar power in Carnegie Oklahoma
Switching to solar energy in Carnegie, Oklahoma can bring significant financial benefits in the long run. By taking advantage of the town’s weather patterns and lower electricity costs, residents can save money on their utility bills and make a positive impact on the environment. With the potential to break even on the initial investment in as little as 5-6 years, installing solar panels is a smart decision for both your wallet and the planet. Make the switch to solar power in Carnegie and start enjoying the benefits of clean, renewable energy today.