Overview
In Fort Gibson, Oklahoma, installing solar panels on your home can lead to substantial financial benefits. By analyzing a year’s worth of weather data and electricity costs, we can show you how much money you could save by going solar. With the average cost of a solar system in mind, we’ll break down how long it will take for you to recoup your investment and start enjoying the long-term savings that solar power can bring.
Fort Gibson Oklahoma Weather Trends
Fort Gibson Precipitation
With Fort Gibson receiving 53.8 inches of precipitation in the last year, it falls above the national average of 50.61 inches. Compared to the rest of Oklahoma, Fort Gibson ranks higher at the 81st percentile, showcasing its relatively wet climate. By harnessing this abundant natural resource, Fort Gibson residents can take advantage of the sun’s power even during rainy days.
Fort Gibson’s UV Rating
Fort Gibson’s average UV rating of 5.11 is higher than both the national average of 4.29 and Oklahoma’s average of 5.2. With an average max UV rating of 5.62, Fort Gibson once again exceeds the national average of 4.61 and closely matches Oklahoma’s average max UV rating of 5.67. This means that Fort Gibson receives ample sunlight, making it an ideal location for solar panel installation.
Fort Gibson’s Cloud Cover
Having an average of 37% cloud cover in the last year, Fort Gibson experiences less cloudiness compared to the national average of 44.46%. This lower cloud cover percentage places Fort Gibson in a prime position to benefit from consistent sunlight for solar energy production. With numerous days showcasing clear skies, Fort Gibson residents can maximize their solar energy potential throughout the year.
Fort Gibson Oklahoma Electricity Costs
Fort Gibson residents pay approximately $0.1/kw for electricity, which is below the national average of $0.13/kw. Although Oklahoma’s average is slightly lower at $0.11/kw, Fort Gibson’s electricity costs remain competitive. By switching to solar power, residents can reduce their reliance on traditional electricity sources, ultimately saving money in the long run while also contributing to a sustainable future.
When could you expect to break even on a solar installation in Fort Gibson Oklahoma?
Considering the weather and electricity costs in Fort Gibson 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:
- Fort Gibson Oklahoma receives slightly more precipitation than the national average, but it’s still sunny enough for solar panels to work effectively.
- The UV ratings are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Fort Gibson Oklahoma is below the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Fort Gibson Oklahoma pay less for electricity compared to the national average, which can result in lower savings from using solar power.
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 as much from the grid.
- With the lower electricity rates in Fort Gibson Oklahoma, the savings might take longer to cover the initial cost of the solar panels.
After crunching the numbers, it looks like it could take around 8 years to cover the initial cost of the solar panels in Fort Gibson Oklahoma. This means, after 8 years, the money saved on electricity bills will start to accumulate and pay off the investment. And with solar panels lasting for many years, you’ll continue to enjoy those savings for a long time. It’s a wise investment that not only saves money but also helps the environment in the long run!
Investing in solar power in Fort Gibson Oklahoma
Installing solar panels in Fort Gibson, Oklahoma can be a wise investment, considering the weather trends and electricity costs in the area. With an average break-even period of about 8 years, residents can start enjoying savings on electricity bills and contribute to a more sustainable future. By harnessing the abundant sunlight and relatively lower electricity rates, switching to solar power in Fort Gibson is a financially sound decision that can benefit both homeowners and the environment for years to come.