Overview
In Fairfax, Oklahoma, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs specific to the area, we can estimate how long it will take for a solar system to pay for itself. With the average amount of sunlight, low cloud cover, and high UV ratings, Fairfax residents can maximize their savings on electricity bills by harnessing the power of the sun. Let’s break down the cost of a solar system and explore how investing in solar panels can help you save money in the long run.
Fairfax Oklahoma Weather Trends
Fairfax Precipitation
With Fairfax Oklahoma receiving 46.15 inches of precipitation in the last year, it falls slightly below the national average of 50.61 inches. Compared to the rest of Oklahoma, Fairfax is right around the average of 46.74 inches. This means that Fairfax residents can take advantage of the lower precipitation levels to ensure consistent energy production from their solar panels.
Fairfax’s UV Rating
Having an average UV rating of 4.98, Fairfax Oklahoma ranks higher than the national average of 4.29. However, compared to the rest of Oklahoma, Fairfax falls slightly below the state average of 5.2. With a high max UV rating of 5.38, Fairfax residents can benefit from ample sunlight for efficient solar panel energy production throughout the year.
Fairfax’s Cloud Cover
With an average of 34% cloud cover, Fairfax Oklahoma enjoys clearer skies compared to the national average of 44.46%. While Fairfax falls slightly above the Oklahoma average of 33.43%, the number of days with low cloud cover provides ample opportunities for solar energy generation. Residents can rely on consistent sunlight to power their homes with solar panels.
Fairfax Oklahoma Electricity Costs
Residents in Fairfax Oklahoma pay around $0.1/kw for electricity, which is below the national average of $0.13/kw. Compared to the rest of the state, Fairfax’s electricity costs align closely with Oklahoma’s average of $0.11/kw. By investing in solar panels, Fairfax residents can reduce their reliance on traditional electricity sources, ultimately saving money on their electricity bills in the long run.
When could you expect to break even on a solar installation in Fairfax Oklahoma?
Considering the weather and electricity costs in Fairfax, 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:
- Fairfax, Oklahoma receives slightly less rain compared to the national average, making it a good location for solar panel installation.
- The UV ratings in Fairfax, Oklahoma are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Fairfax, Oklahoma is lower than the national average, with a good number of sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Fairfax, Oklahoma pay less for electricity compared to the national average, at $0.1/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. Here’s how:
- The system generates electricity, reducing the amount needed from the grid and resulting in cost savings.
- With Fairfax, Oklahoma’s low electricity rates, the savings from using solar power are significant.
After analyzing the data, it appears that it would take approximately 4-5 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will start to surpass the investment. Additionally, since solar panels have a long lifespan, you will continue to benefit from these savings for many years. Investing in solar panels not only helps you save money but also contributes to a cleaner and more sustainable environment.
Investing in solar power in Fairfax Oklahoma
Installing solar panels in Fairfax, Oklahoma can be a smart financial move for residents. With the area’s ample sunlight, low cloud cover, and affordable electricity costs, investing in solar energy can lead to significant savings over time. By analyzing the weather data and electricity costs specific to Fairfax, we can estimate that it would take approximately 4-5 years to break even on the initial cost of a solar system. Beyond that, residents will continue to benefit from reduced electricity bills for many years to come. Not only does investing in solar panels save money, but it also promotes a greener and more sustainable future.