Overview
Living in Ketchum, Oklahoma, you have the opportunity to save money on your electricity bills by installing solar panels on your home. By analyzing weather data and electricity costs specific to your area, we have determined that a solar system could help you break even within a reasonable timeframe. Let’s explore how you can make the switch to solar and start reaping the financial benefits today.
Ketchum Oklahoma Weather Trends
Ketchum Precipitation
With Ketchum receiving 53.38 inches of precipitation in the last year, you may be wondering how this compares to the rest of Oklahoma and the nation. Ketchum falls in the 55th percentile nationally and the 79th percentile within Oklahoma. Compared to the national average of 50.61 inches, Ketchum sees slightly more rainfall. Oklahoma’s average is 46.74 inches, making Ketchum slightly higher in this regard.
Ketchum’s UV Rating
Looking at Ketchum’s UV ratings, the area enjoys an average of 4.95, placing it in the 77th percentile across the nation and the 6th percentile within Oklahoma. This means that Ketchum experiences more sun exposure than most of the country but ranks lower in UV exposure within the state. The national average UV rating is 4.29, while Oklahoma’s average is slightly higher at 5.2. Ketchum’s average max UV rating of 5.35 also indicates ample sunlight for solar panel efficiency.
Ketchum’s Cloud Cover
In the last year, Ketchum maintained an average cloud cover of 36%, ranking it in the 14th percentile nationally and the 74th percentile within Oklahoma. With lower cloud cover than both the nation’s average of 44.46% and Oklahoma’s average of 33.43%, Ketchum offers more clear skies and sunshine for efficient solar panel energy production. The varying cloud cover days also allow for optimal sun exposure throughout the year.
Ketchum Oklahoma Electricity Costs
When it comes to electricity costs, Ketchum residents pay about $0.09/kw, placing them in the 5th percentile nationally and the 3rd percentile in Oklahoma. Compared to the national average of $0.13/kw and Oklahoma’s average of $0.11/kw, Ketchum’s lower electricity rates make transitioning to solar power an even more financially viable option for long-term savings.
When could you expect to break even on a solar installation in Ketchum Oklahoma?
Considering the weather and electricity costs in Ketchum 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:
- Ketchum Oklahoma receives slightly more precipitation than the national average, but still has enough sunshine for solar panels to be effective.
- The UV ratings in Ketchum Oklahoma are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Ketchum Oklahoma is lower than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Ketchum Oklahoma pay 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 amount needed from the grid, especially with lower electricity costs in Ketchum Oklahoma.
After analyzing the numbers, it looks like it would take around 8 years to cover the initial cost of the solar panels. This means that after 8 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Additionally, solar panels have a long lifespan, so beyond the initial period, you will continue to benefit from these savings for many more years. Investing in solar power is not only a wise financial decision but also a step towards a more sustainable future.
Investing in solar power in Ketchum Oklahoma
Living in Ketchum, Oklahoma, provides an excellent opportunity to save money on electricity bills by installing solar panels on your home. By analyzing the weather data and electricity costs specific to your area, we have determined that a solar system could help you break even within a reasonable timeframe. With Ketchum’s favorable weather conditions and lower electricity rates, transitioning to solar power is not only a smart financial choice but also a sustainable move towards a greener future. Make the switch to solar today and start reaping the financial benefits while reducing your carbon footprint.