Overview
Are you looking to save money on your electricity bills while also helping the environment? In Dewar, Oklahoma, installing solar panels on your home can be a smart financial decision. By analyzing weather data and electricity costs specific to Dewar, we can show you how much you could save by switching to solar energy. Let’s break down the costs of a solar system, estimate the time it will take to break even, and explore the financial benefits of going solar in Dewar.
Dewar Oklahoma Weather Trends
Dewar Precipitation
In the last year, Dewar Oklahoma received 51.49 inches of precipitation, placing it in the 51st percentile in the nation and the 70th percentile in Oklahoma. Comparatively, the national average for total precipitation is 50.61 inches, while Oklahoma’s average is slightly lower at 46.74 inches. This means that Dewar’s precipitation levels are relatively high compared to both the national and state averages.
Dewar’s UV Rating
Over the past year, Dewar Oklahoma had an average UV rating of 5.1, positioning it in the 80th percentile in the nation and the 24th percentile in Oklahoma. The national average for average UV rating is 4.29, slightly lower than Dewar’s rating. However, Oklahoma’s average UV rating is slightly higher at 5.2. Additionally, Dewar’s average max UV rating of 5.55 places it in the 68th percentile nationally and the 31st percentile in Oklahoma.
Dewar’s Cloud Cover
On average, Dewar Oklahoma had a 35% cloud cover over the past year, ranking it in the 14th percentile in the nation and the 73rd percentile in Oklahoma. In comparison, the national average for cloud cover is 44.46%, with Oklahoma’s average slightly lower at 33.43%. Dewar experienced 162 days with 0-25% cloud cover, 90 days with 25-50% cloud cover, 68 days with 50-75% cloud cover, and 44 days with 75-100% cloud cover.
Dewar Oklahoma Electricity Costs
Residents of Dewar Oklahoma pay approximately $0.09/kw for electricity, establishing Dewar in the 5th percentile in the nation and the 3rd percentile in Oklahoma. Comparatively, the national average for residential electricity is $0.13/kw, while Oklahoma’s average is slightly higher at $0.11/kw. This indicates that Dewar residents enjoy lower electricity costs compared to both the national and state averages, making solar energy a cost-effective alternative.
When could you expect to break even on a solar installation in Dewar Oklahoma?
Considering the weather and electricity costs in Dewar, 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:
- Dewar, Oklahoma receives slightly more precipitation than the national average, but it still has enough sun for solar panels to be effective.
- The UV ratings in Dewar, Oklahoma are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Dewar, Oklahoma is lower than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Dewar, Oklahoma pay less for electricity compared to the national average, at $0.09/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:
- The system generates electricity, reducing the need to purchase from the grid.
- With Dewar’s lower electricity rates, the savings are not as high compared to other locations.
After calculation, it looks like it would take around 11 years to cover the initial cost of the solar panels. This means that after 11 years, the money saved on electricity bills will start to accumulate and pay off the investment. Given that solar panels last for 25 to 30 years, there will be many years of savings beyond the break-even point. Investing in solar panels in Dewar, Oklahoma can be a cost-effective and environmentally friendly choice in the long run.
Investing in solar power in Dewar Oklahoma
In conclusion, installing solar panels in Dewar, Oklahoma can be a wise financial decision for residents looking to save money on their electricity bills. With higher than average UV ratings, lower cloud cover, and relatively low electricity costs in Dewar, switching to solar energy could lead to significant long-term savings. While the initial investment may take around 11 years to pay off, the continued savings over the lifespan of the solar panels make it a cost-effective and environmentally friendly choice for homeowners in Dewar.