Overview
Are you a resident of Choctaw, Oklahoma looking to save money on your electricity bills? Installing solar panels on your home could be a smart financial decision. By analyzing weather data specific to Choctaw, including precipitation levels, UV ratings, and cloud cover, we can estimate how much you could save with a solar system. In this article, we will break down the cost of a solar installation and calculate how long it will take for you to break even on your investment, ultimately showing you the potential financial benefits of going solar in Choctaw.
Choctaw Oklahoma Weather Trends
Choctaw Precipitation
Even though Choctaw, Oklahoma received 46.34 inches of precipitation in the last year, this puts it in the 41st percentile nationwide and the 50th percentile in Oklahoma. Comparing this to the national average of 50.61 inches and Oklahoma’s average of 46.74 inches, Choctaw falls slightly below average in terms of total precipitation.
Choctaw’s UV Rating
With an average UV rating of 5.16 in the last year, Choctaw ranks higher at the 82nd percentile in the nation, but only the 47th percentile in Oklahoma. When looking at the national average of 4.29 and Oklahoma’s average of 5.2 for UV rating, Choctaw is clearly in a favorable position for harnessing solar energy efficiently.
Choctaw’s Cloud Cover
Even though Choctaw had an average of 33% cloud cover in the last year, which is lower than the national average of 44.46% and Oklahoma’s average of 33.43%, it still ranks low at the 11th percentile in the nation and the 51st percentile in Oklahoma. With a significant number of days having minimal cloud cover, Choctaw offers ample sunlight for solar energy production.
Choctaw Oklahoma Electricity Costs
Residents of Choctaw, Oklahoma pay around $0.1 per kilowatt-hour for electricity, positioning them in the 16th percentile nationwide and the 31st percentile in Oklahoma. Comparing this to the national residential average of $0.13/kw and Oklahoma’s average of $0.11/kw, Choctaw residents enjoy lower electricity costs, making solar energy even more financially beneficial.
When could you expect to break even on a solar installation in Choctaw Oklahoma?
Considering the weather and electricity costs in Choctaw 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:
- Choctaw Oklahoma gets slightly less rain than the national average, which is good for solar panel efficiency.
- The UV ratings in Choctaw Oklahoma are higher than the national average, making it a great location for generating solar power.
- Cloud cover in Choctaw Oklahoma is lower than the national average, with the majority of days having less than 25% cloud cover.
Now, let’s consider the electricity costs:
- Residents in Choctaw Oklahoma pay a lower rate for electricity compared to the national average, which is beneficial for saving money with 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 and therefore lowering electricity costs.
- With Choctaw Oklahoma’s lower electricity rates, the savings from using solar power will add up over time.
After analyzing the data, it appears that it would take approximately 8 years to cover the initial cost of the solar panels in Choctaw Oklahoma. This means that after 8 years, the money saved on electricity bills will start to surpass the initial investment. Additionally, considering that solar panels last for 25 to 30 years, there will be many years of savings and environmental benefits to enjoy following the break-even point. Investing in solar power in Choctaw Oklahoma is a wise decision for long-term financial and environmental sustainability.
Investing in solar power in Choctaw Oklahoma
Installing solar panels in Choctaw, Oklahoma can be a financially smart decision. By analyzing the weather patterns specific to the area, such as precipitation levels, UV ratings, and cloud cover, we can estimate potential savings from a solar system. In addition, considering the lower electricity costs in Choctaw, residents have an opportunity to break even on their solar investment in approximately 8 years. Beyond that point, the savings on electricity bills will continue to grow, making solar power a wise choice for long-term financial and environmental benefits in Choctaw, Oklahoma.