Overview
Decide On Solar is here to show Hodgen Oklahoma residents the financial benefits of installing solar panels on their homes. By analyzing weather data and electricity costs specific to the area, we can demonstrate how much money you could save by making the switch to solar energy. With a breakdown of installation costs and a calculation of the time it takes to break even, this article will help you make an informed decision about investing in solar power for your home.
Hodgen Oklahoma Weather Trends
Hodgen Precipitation
With Hodgen Oklahoma receiving 59.54 inches of precipitation in the last year, it is clear that the area sees a significant amount of rainfall. Compared to the national average of 50.61 inches, Hodgen ranks in the 69th percentile in the nation. When looking at Oklahoma specifically, Hodgen is in the 94th percentile, indicating higher precipitation levels. By utilizing this abundant natural resource, residents can benefit from increased energy production and cost savings.
Hodgen’s UV Rating
In terms of UV rating, Hodgen Oklahoma has an average of 5.14, which places it in the 81st percentile nationwide. When compared to the rest of Oklahoma, Hodgen falls within the 42nd percentile for UV rating. Additionally, Hodgen has an average max UV rating of 5.63, positioning it in the 70th percentile nationally and the 45th percentile within Oklahoma. These high UV ratings make Hodgen an ideal location for solar panel installation, as it receives ample sun exposure for efficient energy generation.
Hodgen’s Cloud Cover
With an average of 37% cloud cover in the last year, Hodgen Oklahoma enjoys relatively clear skies, ranking in the 17th percentile nationally and the 91st percentile within Oklahoma. Compared to the national average of 44.46% cloud cover, Hodgen experiences less cloud coverage, providing more opportunities for solar energy production. Additionally, with a breakdown of days with different cloud cover percentages, residents can expect consistent sunlight for their solar panels to operate efficiently.
Hodgen Oklahoma Electricity Costs
Residents in Hodgen Oklahoma pay around $0.11/kw for electricity, placing the area in the 34th percentile nationally and the 76th percentile within Oklahoma. When compared to the national average of $0.13/kw, Hodgen’s electricity costs are lower, making solar energy an even more attractive option for cost savings. By investing in solar panels, residents can not only reduce their electricity bills but also contribute to a greener environment by utilizing renewable energy sources.
When could you expect to break even on a solar installation in Hodgen Oklahoma?
Considering the weather and electricity costs in Hodgen, 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:
- Hodgen receives more precipitation compared to the national average, but it still has enough sunlight for solar panels to work effectively.
- The UV ratings in Hodgen are above the national average, making it a good area for generating solar power.
- Cloud cover in Hodgen is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Hodgen 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 purchase as much from the grid.
- With Hodgen’s lower electricity rates, the savings may take a bit longer to cover the initial cost.
After analyzing the numbers, it appears that it might take around 8 years to cover the initial cost of the solar panels in Hodgen. This means, after 8 years, the money saved on electricity bills will begin to accumulate and make the investment worthwhile. Plus, since solar panels last for a long time, you’ll continue to benefit from those savings for many years to come. It’s a wise financial decision that also contributes to a greener future!
Investing in solar power in Hodgen Oklahoma
With a detailed analysis of weather trends, electricity costs, and the time it takes to break even on a solar panel installation in Hodgen, Oklahoma, it is clear that investing in solar energy can lead to significant long-term cost savings. By taking advantage of the area’s high UV ratings and relatively low cloud cover, residents can benefit from efficient energy generation. With electricity costs lower than the national average, the decision to switch to solar power becomes even more attractive. Considering all these factors, it is evident that transitioning to solar energy is a smart financial choice that not only saves money but also contributes to a greener and more sustainable future.