Overview
In Mounds, Oklahoma, installing solar panels on your home can lead to significant long-term savings on your electricity bill. By analyzing weather data such as inches of precipitation, average max UV rating, average UV rating, and average percentage cloud cover over the course of a year, along with basic electricity costs, we can estimate the cost of a solar system and how long it will take to break even. This information can help you make an informed decision about switching to solar energy and reaping the financial benefits it can provide for residents in Mounds, Oklahoma.
Mounds Oklahoma Weather Trends
Mounds Precipitation
With Mounds, Oklahoma receiving 51.21 inches of precipitation in the last year, it falls right around the middle compared to the rest of the country, but slightly above the state average. This means that Mounds has ample rainfall to help generate solar power consistently throughout the year, making it a great location for solar panel installation. Investing in solar panels can help take advantage of this precipitation and save you money in the long run.
Mounds’s UV Rating
With an average UV rating of 5.13 in Mounds, Oklahoma, the city ranks higher than both the national and state averages. This means that Mounds receives a good amount of sunlight, making it an ideal location for harnessing solar energy. By installing solar panels, you can take full advantage of the abundant sunlight in Mounds and significantly reduce your electricity costs while benefiting the environment.
Mounds’s Cloud Cover
Despite the average of 35% cloud cover in the last year in Mounds, Oklahoma, the city still receives plenty of sunlight for solar energy generation. While there are cloudy days, there are also many clear days perfect for generating solar power. By utilizing solar panels, you can capture the sunlight on those clear days and save on your electricity bill while reducing your carbon footprint.
Mounds Oklahoma Electricity Costs
With residents paying about $0.1/kw for electricity in Mounds, Oklahoma, the city boasts lower electricity costs compared to both the national and state averages. Switching to solar energy can provide significant long-term savings on your electricity bill, especially in a location like Mounds with lower electricity costs. Installing solar panels can offer financial benefits and help you contribute to a cleaner, more sustainable environment.
When could you expect to break even on a solar installation in Mounds Oklahoma?
Considering the weather and electricity costs in Mounds, 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:
- Mounds gets slightly more precipitation than the national average, but it still has enough sun for solar panels to work effectively.
- The UV ratings in Mounds are higher than the national average, which is great for generating solar power.
- Cloud cover in Mounds is lower than the national average, with many days having clear skies for solar panels to work efficiently.
Now, let’s consider the electricity costs:
- Residents in Mounds pay less for electricity compared to the national average, which can affect the 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 purchased from the grid.
- With the lower electricity rates in Mounds, the savings might take longer to cover the initial cost compared to areas with higher rates.
After analyzing the data, it seems like it might take around 8 years to cover the initial cost of the solar panels in Mounds. This means that after 8 years, the money saved on electricity bills will begin to offset the investment. Keep in mind that solar panels have a long lifespan, so you can continue to enjoy savings for many years beyond the break-even point. It’s a smart financial choice that also benefits the environment!
Investing in solar power in Mounds Oklahoma
Installing solar panels in Mounds, Oklahoma is a wise financial decision that can lead to significant long-term savings on your electricity bill. With ample precipitation, a high UV rating, and relatively low cloud cover, Mounds is the perfect location for harnessing solar energy. Not to mention, with lower electricity costs than the national average, residents can expect to break even on their investment in solar panels in approximately 8 years. Switching to solar power not only saves you money but also contributes to a cleaner, more sustainable environment for future generations. It’s a win-win situation for both your wallet and the planet!