Overview
Are you a resident of Fanshawe, Oklahoma looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been searching for! By analyzing weather data specific to Fanshawe, including inches of precipitation, average UV ratings, and cloud cover percentage, we have calculated the potential savings and estimated break-even point for a solar system in your area. Let us show you how going solar can benefit your wallet in the long run.
Fanshawe Oklahoma Weather Trends
Fanshawe Precipitation
With Fanshawe, Oklahoma receiving 58.24 inches of precipitation in the last year, it ranks above the national average of 50.61 inches. Compared to the rest of Oklahoma with an average of 46.74 inches, Fanshawe sees higher levels of precipitation, making it an ideal location for harnessing solar energy from the sun.
Fanshawe’s UV Rating
Having an average UV rating of 5.14, Fanshawe is ahead of the national average of 4.29. The state of Oklahoma may have a slightly higher average UV rating at 5.2, but Fanshawe still stands out with its favorable conditions for solar energy. With an average max UV rating of 5.63, Fanshawe’s potential for solar energy generation is even more promising.
Fanshawe’s Cloud Cover
Despite having an average of 37% cloud cover, which is lower than the national average of 44.46%, Fanshawe is in the top percentile within Oklahoma with its cloud cover percentage. With a significant number of days having low cloud cover, Fanshawe offers ample opportunities for solar panels to maximize energy production throughout the year.
Fanshawe Oklahoma Electricity Costs
Residents of Fanshawe pay around $0.11 per kilowatt-hour for electricity, which is lower than the national average of $0.13/kw. Although in line with the state average of $0.11/kw, Fanshawe’s lower electricity costs combined with its favorable weather conditions make it a prime location for investing in solar panels to save on electricity bills in the long run.
When could you expect to break even on a solar installation in Fanshawe Oklahoma?
Considering the weather and electricity costs in Fanshawe 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:
- Fanshawe 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 Fanshawe Oklahoma are higher than the national average, making it a good location for generating solar power.
- The cloud cover in Fanshawe Oklahoma is lower than the national average, with a mix of different percentages throughout the year.
Now, let’s consider the electricity costs:
- Residents in Fanshawe Oklahoma pay slightly less for electricity compared to the national average, at $0.11/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.
- With Fanshawe Oklahoma’s lower electricity rates, the savings are still significant.
After calculating the numbers, it appears that it would take roughly 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years beyond that initial period. Investing in solar power is a wise way to save money and contribute to a cleaner environment!
Investing in solar power in Fanshawe Oklahoma
In conclusion, installing solar panels in Fanshawe, Oklahoma could be a wise decision to save money on electricity bills in the long run. With favorable weather conditions including higher UV ratings, lower cloud cover, and slightly lower electricity costs than the national average, a solar system in Fanshawe has the potential to pay for itself in as little as 5 years. Not only will you be able to enjoy savings on your electricity bills, but you will also be contributing to a cleaner environment. Consider going solar and reap the benefits for years to come!