Overview
Learn how installing solar panels on your home in Kingston, Oklahoma can save you money in the long run. By analyzing weather data and electricity costs specific to the area, we will break down the financial benefits of going solar and estimate how quickly you can recoup your initial investment. With ample sunshine and potential savings on your electricity bill, this investment can pay off sooner than you think.
Kingston Oklahoma Weather Trends
Kingston Precipitation
With 42.49 inches of precipitation in the last year, Kingston, Oklahoma is in the 32nd percentile in the nation and the 32nd percentile in Oklahoma. Compared to the national average of 50.61 inches and Oklahoma’s average of 46.74 inches, Kingston receives slightly less rainfall, making it an excellent location for solar panel installation.
Kingston’s UV Rating
With an average UV rating of 5.41 and an average max UV rating of 5.87 in the last year, Kingston, Oklahoma ranks in the 87th and 75th percentile in the nation respectively, and even higher in Oklahoma. Compared to the national average of 4.29 for average UV rating and 4.61 for average max UV rating, Kingston’s high UV levels make it a prime location for harnessing solar energy.
Kingston’s Cloud Cover
Kingston, Oklahoma experienced an average of 33% cloud cover in the last year, ranking in the 11th percentile in the nation and the 48th percentile in Oklahoma. With more sunny days than the national average of 44.46% cloud cover and similar to Oklahoma’s average of 33.43%, Kingston offers ample sunshine for solar panels to generate maximum energy output.
Kingston Oklahoma Electricity Costs
At $0.1/kw for electricity, Kingston, Oklahoma is in the 13th percentile nationally and the 20th percentile within Oklahoma. Comparatively, the national average residential electricity cost is $0.13/kw and Oklahoma’s average is $0.11/kw. With lower electricity costs, investing in solar panels in Kingston can significantly reduce monthly electric bills, leading to long-term savings for homeowners.
When could you expect to break even on a solar installation in Kingston Oklahoma?
Considering the weather and electricity costs in Kingston, 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:
- Kingston gets less rain than the national average, making it a good location for solar panels.
- The UV ratings in Kingston are higher than the national average, which is great for generating solar power efficiently.
- Cloud cover in Kingston is lower than the national average, with many clear days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Kingston pay less for electricity compared to the national average, which can lead to lower savings from solar energy.
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 purchased from the grid.
- With lower electricity rates in Kingston, the savings may be smaller compared to other locations.
After analyzing the data, it appears that it would take approximately 8-10 years to cover the initial cost of the solar panels in Kingston, Oklahoma. This means that after this period, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, you will continue to enjoy these savings for many years to come. Investing in solar energy is a wise decision financially and environmentally for the residents of Kingston.
Investing in solar power in Kingston Oklahoma
Installing solar panels in Kingston, Oklahoma is a smart financial decision. With favorable weather conditions, including ample sunshine and low cloud cover, and lower electricity costs compared to the national average, investing in solar energy can lead to significant savings over time. Based on our analysis, it could take approximately 8-10 years to recoup the initial investment in solar panels. However, the long lifespan of solar panels means that you will continue to enjoy savings on your electricity bills for many years beyond that. By harnessing the power of the sun, residents of Kingston can benefit both financially and environmentally from solar energy.