Overview
Are you a resident of Meridian, Oklahoma looking to save money and help the environment? Installing solar panels on your home could be the answer you’ve been looking for. By analyzing weather data and electricity costs specific to Meridian, we can show you how much you could save with a solar system. By breaking down the cost of installation and estimating the time it will take to break even, we aim to show you the financial benefits of going solar in a clear and straightforward manner.
Meridian Oklahoma Weather Trends
Meridian Precipitation
Meridian, Oklahoma received 50.83 inches of precipitation in the last year, ranking it in the 50th percentile in the nation and the 66th percentile in Oklahoma. Comparatively, the national average for total precipitation is 50.61 inches, while Oklahoma’s average is 46.74 inches. By harnessing the power of the sun to generate electricity, you can take advantage of Meridian’s moderate rainfall and contribute to the environment.
Meridian’s UV Rating
In the last year, Meridian, Oklahoma had an average UV rating of 5.23, placing it in the 84th percentile in the nation and the 64th percentile in Oklahoma. The national average UV rating is 4.29, while Oklahoma’s average is 5.2. With an average max UV rating of 5.69, Meridian is in the 71st percentile nationwide and the 56th percentile in Oklahoma. This abundance of sunlight makes Meridian an ideal location for harnessing solar energy.
Meridian’s Cloud Cover
Meridian, Oklahoma had an average of 32% cloud cover in the last year, ranking it in the 10th percentile in the nation and the 39th percentile in Oklahoma. The national average for cloud cover is 44.46%, with Oklahoma’s average at 33.43%. With a significant number of days experiencing clear skies, installing solar panels in Meridian can ensure optimal energy generation throughout the year.
Meridian Oklahoma Electricity Costs
Residents of Meridian pay about $0.1 per kilowatt-hour for electricity, placing them in the 7th percentile in the nation and the 5th percentile in Oklahoma. In comparison, the national average for residential electricity is $0.13 per kilowatt-hour, while Oklahoma’s average is $0.11 per kilowatt-hour. By investing in solar panels, not only can you save on your electricity bills, but you can also reduce your carbon footprint and contribute to a greener environment.
When could you expect to break even on a solar installation in Meridian Oklahoma?
Considering the weather and electricity costs in Meridian, 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:
- Meridian has slightly higher precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Meridian are above the national average, making it a good location for generating solar power.
- Cloud cover in Meridian is lower than the national average, with a mix of sunny and partly cloudy days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Meridian pay slightly less for electricity compared to the national average, which is beneficial for the cost 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 amount needed from the grid and resulting in savings on electricity bills.
- With Meridian’s lower electricity rates, the savings may not be as high as in other locations, but they still add up over time.
After analyzing the data, it looks like it would take around 7-8 years to cover the initial cost of the solar panels in Meridian. This means that after 7-8 years, the money saved on electricity bills will start to offset the investment. And with solar panels lasting for many years, the savings will continue well beyond the break-even point. It’s a wise investment for long-term savings and sustainability.
Investing in solar power in Meridian Oklahoma
Installing solar panels in Meridian, Oklahoma can be a cost-effective and environmentally friendly choice for residents. By taking advantage of the city’s moderate rainfall, abundant sunlight, and low cloud cover, solar panels can generate significant energy savings over time. With Meridian’s below-average electricity costs, investing in solar power can lead to financial benefits in the long run. Based on our analysis, it would take around 7-8 years to break even on the initial cost of a solar system in Meridian, making it a smart investment for those looking to save money and contribute to a greener future.