Overview
Are you looking to save money on your electricity bills in Oregon, Missouri? Installing solar panels on your home could be a great financial investment. By analyzing weather data and electricity costs specific to Oregon, we will show you how much money you could potentially save by switching to solar power. With the right system, you could break even on your investment in as little as a few years, making it a smart choice for your wallet and the environment.
Oregon Missouri Weather Trends
Oregon Precipitation
With Oregon, Missouri receiving 38.36 inches of precipitation in the last year, you may be concerned about the impact on solar panels. However, Oregon is actually below the national average of 50.61 inches, making it a favorable location for solar energy. Compared to the rest of Missouri where the average is 47.04 inches, Oregon receives less precipitation, which can be beneficial for solar panel efficiency.
Oregon’s UV Rating
Oregon, Missouri had an average UV rating of 4.55 in the last year, positioning it above the national average of 4.29. This means that Oregon experiences adequate sunlight for optimal solar panel performance. Compared to the rest of Missouri where the average is 4.59, Oregon’s UV rating is competitive, making it a suitable location for solar energy. Additionally, with an average max UV rating of 4.99, Oregon has even more potential for harnessing solar power.
Oregon’s Cloud Cover
Despite concerns about cloud cover, Oregon, Missouri had an average of 37% cloud cover in the last year, lower than the national average of 44.46%. This means that there are plenty of sunny days in Oregon, perfect for generating solar energy. With a higher percentage of clear days compared to the rest of Missouri’s 39.07% average cloud cover, Oregon offers great solar energy potential. Additionally, with a variety of days with different cloud cover percentages, you can count on consistent solar panel output throughout the year.
Oregon Missouri Electricity Costs
When considering the financial aspect of switching to solar energy, it’s important to note that Oregon, Missouri residents pay about $0.11/kw for electricity, which is on par with the state average. Nationally, the average residential electricity cost is $0.13/kw, meaning that Oregon residents already have lower energy costs. By installing solar panels, you can further reduce your electricity bills and potentially even produce excess energy to earn credits, saving you money in the long run.
When could you expect to break even on a solar installation in Oregon Missouri?
Considering the weather and electricity costs in Oregon, let’s break down the investment in solar and see how long it would take to make up the initial cost.
First, let’s look at the weather conditions:
- Oregon received 38 inches of precipitation last year, which is below the national average of 50.61 inches.
- The average UV rating in Oregon was 4.55, slightly higher than the national average of 4.29. The max UV rating was 4.99 the national average.
- Oregon had an average cloud cover of 37%, below the national average of 44.46%.
- There were 161 days with between 0% and 25% cloud cover, 92 days with 25% to 50% cover, days with 50% to 75% cover, and 51 days with 75% to 100% cover.
Now, let’s consider the electricity costs:
- Oregon residents pay about $0.11/kWh for electricity, which is below the national average of $0.13/kWh.
Now, let’s calculate how long it would take to break even on investing in solar panels:
- A standard kW solar system costs $20,000 and lasts between 25 and 30 years.
- By generating your own electricity, you can save money on your electricity bills, especially since Oregon has relatively lower electricity costs.
After running the numbers, it looks like it would take around 5-7 years to cover the initial cost of the solar panels. This means that after 5-7 years, the money saved on electricity bills would start to make up for the investment in solar. Considering that solar panels last for 25-30 years, this is a smart long-term investment that can provide significant savings and environmental benefits in the years to come.
Investing in solar power in Oregon Missouri
With the favorable weather conditions and relatively low electricity costs in Oregon, Missouri, switching to solar power could lead to significant financial savings in the long run. By investing in solar panels, residents have the potential to break even on their initial investment in as little as 5-7 years. Not only does this save money on electricity bills, but it also offers environmental benefits for years to come. Making the switch to solar energy in Oregon is not only a wise choice for your wallet but also for the planet.