Overview
Are you a Dover Oklahoma resident looking to save money on your electricity bills? Installing solar panels on your home could be a great investment for you. In this article, we will break down the financial benefits of going solar in Dover Oklahoma using weather data and electricity cost information specific to your area. By analyzing the cost of a solar system and estimating the time it will take to break even, we will show you how installing solar panels can help you save money in the long run.
Dover Oklahoma Weather Trends
Dover Precipitation
With 45.69 inches of precipitation in the last year, Dover Oklahoma is in the 39th percentile in the nation and the 46th percentile in Oklahoma. Comparatively, the national average for total precipitation is 50.61 inches, while Oklahoma’s average is 46.74 inches. By harnessing the power of solar panels in a location with moderate precipitation levels, you can rely on consistent energy production throughout the year.
Dover’s UV Rating
Dover Oklahoma boasts an average UV rating of 5.24, placing it in the 84th percentile in the nation and the 66th percentile in Oklahoma. In comparison, the national average for average UV rating is 4.29, with Oklahoma’s average at 5.2. Additionally, the average max UV rating in Dover is 5.72, ranking it in the 72nd percentile nationwide and the 60th percentile in Oklahoma. This high level of UV radiation makes Dover an ideal location for solar panel installation to maximize energy generation.
Dover’s Cloud Cover
With only 32% average cloud cover in the last year, Dover Oklahoma is in the 9th percentile in the nation and the 34th percentile in Oklahoma. Contrast this with the national average of 44.46% and Oklahoma’s average of 33.43%. Due to the relatively low cloud cover, solar panels in Dover have ample sunlight exposure for efficient energy production. With 186 days of minimal cloud cover, residents can expect consistent energy savings throughout the year.
Dover Oklahoma Electricity Costs
Residential electricity in Dover Oklahoma costs around $0.1/kw, putting it in the 18th percentile in the nation and the 35th percentile in Oklahoma. In comparison, the national average for residential electricity is $0.13/kw, while Oklahoma’s average is $0.11/kw. By investing in solar panels, Dover residents can take advantage of the lower-than-average electricity costs in their area, ultimately leading to significant savings on their energy bills in the long run.
When could you expect to break even on a solar installation in Dover Oklahoma?
Considering the weather and electricity costs in Dover, 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:
- Dover, Oklahoma receives slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Dover, Oklahoma are higher than the national average, which is great for generating solar power efficiently.
- Cloud cover in Dover, Oklahoma is lower than the national average, with a good number of days having minimal cloud cover.
Now, let’s consider the electricity costs:
- Residents in Dover, Oklahoma pay less for electricity compared to the national average, making solar power a cost-effective option.
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:
- By generating their own electricity, residents can reduce their reliance on grid power, leading to cost savings.
- With Dover’s lower electricity rates, the savings from using solar panels become even more significant.
After crunching the numbers, it looks like it would take around 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the money saved on electricity bills will start to offset the investment. Given that solar panels last for 25-30 years, residents can enjoy significant savings for many years after the initial payback period. It’s a smart financial decision that also benefits the environment!
Investing in solar power in Dover Oklahoma
Installing solar panels in Dover, Oklahoma can be a wise investment for residents looking to save money on their electricity bills. With moderate precipitation, high UV ratings, and minimal cloud cover, Dover provides optimal conditions for efficient energy production. Additionally, electricity costs in Dover are lower than the national average, making solar power a cost-effective option. By analyzing the cost of a solar system and estimating a break-even period of 7-8 years, it is evident that solar panels can lead to significant long-term savings for residents. Not only is it a smart financial decision, but it also benefits the environment by reducing reliance on traditional energy sources. Consider going solar in Dover, Oklahoma to enjoy both financial and environmental advantages!