Overview
In Fairland, Oklahoma, installing solar panels on your home can be a smart financial decision. By looking at weather data and electricity costs specific to this area, we can show you how much money you can save over time. With a breakdown of the cost of a solar system and an estimate of how long it will take to break even, you can see the long-term benefits of making the switch to solar energy.
Fairland Oklahoma Weather Trends
Fairland Precipitation
With Fairland, Oklahoma receiving 58.87 inches of precipitation last year, it’s important to note that this puts them in the 68th percentile nationally and the 93rd percentile within the state. Compared to the national average of 50.61 inches and Oklahoma’s average of 46.74 inches, Fairland experiences a good amount of rain, making it an ideal location for harnessing solar energy.
Fairland’s UV Rating
When looking at Fairland’s average UV rating of 4.86, it’s evident that the city falls in the 75th percentile nationally and the 2nd percentile within the state. Comparing this to the national average of 4.29 and Oklahoma’s average of 5.2, Fairland’s UV exposure is favorable for solar panel installation. Additionally, Fairland’s max UV rating of 5.29 places it in the 63rd percentile nationally and the 6th percentile statewide, further enhancing its solar potential.
Fairland’s Cloud Cover
With an average cloud cover of 36% last year, Fairland ranks in the 15th percentile nationally and the 82nd percentile in Oklahoma. Compared to the national average of 44.46% and the state average of 33.43%, Fairland experiences fewer cloudy days, providing ample sunshine for solar panels to generate energy efficiently throughout the year.
Fairland Oklahoma Electricity Costs
Residents of Fairland, Oklahoma pay approximately $0.11 per kilowatt-hour for electricity, positioning the city in the 32nd percentile nationally and the 74th percentile in the state. In contrast, the national average for residential electricity is $0.13/kw, while Oklahoma’s average is also $0.11/kw. With Fairland’s competitive electricity rates, transitioning to solar power can lead to substantial long-term savings on monthly utility bills.
When could you expect to break even on a solar installation in Fairland Oklahoma?
Considering the weather and electricity costs in Fairland 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:
- Fairland Oklahoma receives more precipitation than the national average, but still gets enough sunlight for solar panels to be effective.
- The UV ratings in Fairland Oklahoma are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Fairland Oklahoma is lower than the national average, with varying degrees of cloudiness throughout the year.
Now, let’s consider the electricity costs:
- Residents in Fairland Oklahoma pay slightly less for electricity compared to the national average.
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 need to buy from the grid.
- With Fairland Oklahoma’s slightly lower electricity rates, the savings are still significant.
After crunching the numbers, it appears that it would take approximately 4-6 years to cover the initial cost of the solar panels. This means that after 4-6 years, the money saved on electricity bills will start to recoup the investment. Since solar panels have a long lifespan, these savings will continue for many more years. It’s a smart financial decision that also benefits the environment!
Investing in solar power in Fairland Oklahoma
After analyzing the weather trends and electricity costs in Fairland, Oklahoma, it is clear that installing solar panels can be a wise financial decision. With an abundance of sunlight, lower cloud cover, and competitive electricity rates, residents can expect to break even on their solar panel investment in approximately 4-6 years. This long-term savings opportunity not only benefits homeowners financially but also contributes to a more sustainable environment by harnessing clean energy. Making the switch to solar power in Fairland is a smart choice for the pocketbook and the planet.