Overview
Are you tired of high electricity bills in Cheyenne, Oklahoma? Installing solar panels on your home can help you save money in the long run. By analyzing weather data and electricity costs, we will show you the financial benefits of switching to solar energy in Cheyenne. We will break down the cost of a solar system and estimate how long it will take for you to break even, making the switch to solar a smart investment for your home.
Cheyenne Oklahoma Weather Trends
Cheyenne Precipitation
With 43.3 inches of precipitation in the last year, Cheyenne Oklahoma is in the 34th percentile in the nation and the 38th percentile in Oklahoma. Compared to the national average of 50.61 inches and Oklahoma’s average of 46.74 inches, Cheyenne experiences slightly less rainfall, making it an ideal location for solar energy generation.
Cheyenne’s UV Rating
Having an average UV rating of 5.22 places Cheyenne in the 83rd percentile in the nation and the 63rd percentile in Oklahoma. When considering the national average of 4.29 and Oklahoma’s average of 5.2, it is evident that Cheyenne enjoys abundant sunlight. With an average max UV rating of 5.75, Cheyenne is in a prime position to harness solar energy for your home.
Cheyenne’s Cloud Cover
With an average of 31% cloud cover in the last year, Cheyenne Oklahoma ranks in the 8th percentile in the nation and the 22nd percentile in Oklahoma. Comparing this to the national average of 44.46% and Oklahoma’s average of 33.43%, Cheyenne experiences fewer cloudy days, making it a great location for solar panel installation. With 197 days of clear skies, solar panels can efficiently generate electricity for your home.
Cheyenne Oklahoma Electricity Costs
Residents of Cheyenne pay about $0.09/kw for electricity, placing them in the 5th percentile in the nation and the 3rd percentile in Oklahoma. Compared to the national average of $0.13/kw and Oklahoma’s average of $0.11/kw, Cheyenne offers relatively cheaper electricity rates. By installing solar panels, you can take advantage of these low costs and save money on your electricity bills in the long run.
When could you expect to break even on a solar installation in Cheyenne Oklahoma?
Considering the weather and electricity costs in Cheyenne 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:
- Cheyenne Oklahoma receives slightly less precipitation than the national average but still has good conditions for solar panel efficiency.
- The UV ratings in Cheyenne Oklahoma are higher than the national average, making it a suitable location for generating solar power.
- The cloud cover in Cheyenne Oklahoma is lower than the national average, providing more sunlight for solar panel productivity.
Now, let’s consider the electricity costs:
- Residents in Cheyenne Oklahoma pay less for electricity compared to the national average, which can impact 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 needed from the grid and thus saving money on electricity bills.
- With Cheyenne Oklahoma’s lower electricity rates, the savings from solar power may take longer to cover the initial cost.
After analyzing the data and costs, it appears that it might take around 7-8 years to cover the initial investment of the solar panels. After this period, the savings on electricity bills will start accumulating, and the investment will pay off. Considering the long lifespan of solar panels, these savings will continue for many more years, making it a financially wise and environmentally friendly decision.
Investing in solar power in Cheyenne Oklahoma
Switching to solar energy in Cheyenne, Oklahoma can be a smart investment for your home. By analyzing weather data and electricity costs, it is evident that the city offers optimal conditions for solar panel efficiency. With lower precipitation, higher UV ratings, and reduced cloud cover, Cheyenne provides abundant sunlight for solar power generation. Additionally, residents benefit from relatively lower electricity costs, further increasing the savings potential of solar energy. The initial investment in solar panels may take around 7-8 years to break even, but the long lifespan of the system ensures continued savings for many more years. Making the switch to solar is not only financially wise but also environmentally friendly, reducing your carbon footprint while saving money in the long run.