Overview
Are you a Gould Oklahoma resident looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been looking for. In this article, we will break down the financial benefits of going solar in Gould, using weather data and electricity costs specific to your area. By analyzing the cost of a solar system and estimating how long it will take to break even, you’ll see how making the switch to solar power can put money back in your pocket.
Gould Oklahoma Weather Trends
Gould Precipitation
With Gould Oklahoma receiving 37.46 inches of precipitation in the last year, it’s clear that your area is on the drier side compared to the national average of 50.61 inches. However, Gould falls below Oklahoma’s average of 46.74 inches. By harnessing sunlight to power your home through solar panels, you can take advantage of the abundant sunshine in your area to offset any potential water scarcity issues.
Gould’s UV Rating
Looking at Gould’s UV rating, which averages at 5.51 and reaches a max of 6.06, it’s evident that your area enjoys high levels of sun exposure. Compared to the national and state averages of 4.29 and 5.2 for UV rating, Gould stands out as a prime location for solar energy production. Embracing solar power can help you capitalize on the sun’s rays to generate electricity for your daily needs.
Gould’s Cloud Cover
Despite Gould Oklahoma having an average cloud cover of 28%, lower than the national average of 44.46% and Oklahoma’s average of 33.43%, there are still occasional cloudy days to consider. By installing solar panels, you can store excess energy during sunnier days to use on cloudier ones. With a variety of cloud cover throughout the year, having a solar power system can ensure a reliable source of electricity for your home.
Gould Oklahoma Electricity Costs
When it comes to electricity costs, Gould residents pay about $0.09/kw, which is lower than both the national average of $0.13/kw and Oklahoma’s average of $0.11/kw. By investing in solar panels, you can significantly reduce or even eliminate your dependency on the grid, saving you money in the long run. With lower electricity rates in your area, switching to solar power is a financially wise decision for your home.
When could you expect to break even on a solar installation in Gould Oklahoma?
Considering the weather and electricity costs in Gould, 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:
- Gould, Oklahoma receives less precipitation compared to the national average, making it a suitable location for solar panels.
- The UV ratings in Gould are higher than the national average, making it an ideal place for generating solar power.
- Cloud cover in Gould is lower than the national average, with many days of clear skies.
Now, let’s consider the electricity costs:
- Residents in Gould, Oklahoma pay less for electricity compared to the national average, which is beneficial for saving money with solar panels.
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 saving money on electricity bills.
- With lower electricity rates in Gould, the savings from using solar power are considerable.
After analyzing the data, it appears that 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 begin to offset the investment. Additionally, since solar panels have a lifespan of 25-30 years, you’ll continue to benefit from the savings for many years to come. Investing in solar panels in Gould, Oklahoma is not only environmentally friendly but also a smart financial decision in the long run.
Investing in solar power in Gould Oklahoma
Investing in solar panels in Gould, Oklahoma is a smart financial decision that can benefit both your wallet and the environment. By taking advantage of the abundant sunlight in your area and the lower electricity costs, you can expect to break even on your investment in around 7-8 years. With solar panels lasting 25-30 years, you’ll continue to save money on your electricity bills for many years to come. Make the switch to solar power in Gould and start putting money back in your pocket while reducing your carbon footprint.