Overview
Are you a Norman, Oklahoma resident looking to save money on your electric bill? Installing solar panels on your home could be the answer! In this article, we will show you the financial benefits of going solar in Norman. By analyzing weather data and electricity costs, we will break down the cost of a solar system and estimate how long it will take for you to start saving money. Get ready to make the switch to solar and see the savings add up!
Norman Oklahoma Weather Trends
Norman Precipitation
With Norman, Oklahoma receiving 41.15 inches of precipitation last year, it falls below the national and state averages. This means that Norman residents can count on consistent sunlight for their solar panels to generate electricity efficiently, as rainy days are not as common compared to other areas.
Norman’s UV Rating
Norman, Oklahoma’s high UV rating of 5.25 indicates that there is abundant sunshine throughout the year. This puts Norman above the national and state averages, making it an ideal location for harnessing solar energy. By investing in solar panels, residents can take advantage of the strong sunlight to power their homes.
Norman’s Cloud Cover
With an average cloud cover of 32%, Norman, Oklahoma enjoys clearer skies compared to the national and state averages. This means that solar panels in Norman will receive more direct sunlight, maximizing energy production. Residents can benefit from the lower cloud cover percentages to generate sustainable energy for their households.
Norman Oklahoma Electricity Costs
Residents in Norman, Oklahoma pay $0.1/kw for electricity, which is below the national average. By installing solar panels, homeowners can reduce their reliance on traditional utility companies and lower their monthly electricity bills. Switching to solar power can lead to significant cost savings over time, making it a wise financial investment for Norman residents.
When could you expect to break even on a solar installation in Norman Oklahoma?
Considering the weather and electricity costs in Norman, 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:
- Norman receives slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Norman are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover is lower than the national average, with a mix of clear and cloudy days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Norman pay less for electricity compared to the national average, making solar power a cost-effective option.
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:
- By generating electricity from the sun, you reduce the amount you need to buy from the grid, saving money on your electricity bills.
- With Norman’s lower electricity rates, the savings from using solar power are even more significant.
After analyzing the data, it appears that it would take around 6 years to cover the initial cost of the solar panels in Norman. This means that after 6 years, the savings from reduced electricity bills will start to offset the investment. Considering solar panels can last for 25 to 30 years, you’ll be benefiting from those savings for many years beyond the payback period. It’s a wise investment choice for saving money and contributing to a cleaner environment!
Investing in solar power in Norman Oklahoma
With Norman, Oklahoma’s weather trends and lower electricity costs, investing in solar panels can be a smart financial move for residents. The abundant sunlight, lower precipitation, and reduced cloud cover make Norman an ideal location for solar energy generation. By installing a solar system, homeowners can expect to break even on their investment in as little as 6 years, with long-term savings and benefits to follow. So why wait? Make the switch to solar today and start seeing the savings add up while contributing to a cleaner, more sustainable future!