Overview
Discover how installing solar panels on your home in Preston, Oklahoma can save you money on your electricity bills. By analyzing weather data and electricity costs specific to your area, we will show you how much you can save each year with a solar system. With a breakdown of installation costs and an estimate of the time it will take to break even, you’ll see how investing in solar energy is not only good for the environment but also for your wallet.
Preston Oklahoma Weather Trends
Preston Precipitation
With Preston Oklahoma receiving 49.28 inches of precipitation last year, you’re in a good position compared to the national average of 50.61 inches. While the state of Oklahoma averages 46.74 inches, Preston surpasses that number. Investing in solar panels can take advantage of this natural resource to power your home efficiently.
Preston’s UV Rating
Having an average UV rating of 5.16 in Preston Oklahoma means you have ample sunshine throughout the year. This puts Preston above both the national average of 4.29 and Oklahoma’s average of 5.2. With a high average max UV rating of 5.63, solar panels can harness this strong sunlight to generate electricity for your home.
Preston’s Cloud Cover
Preston Oklahoma experiences an average cloud cover of 34%, which is lower than the national average of 44.46%. Compared to Oklahoma’s 33.43% cloud cover average, Preston enjoys more sunny days. With a significant number of days featuring low cloud cover, solar panels can efficiently produce electricity for your home throughout the year.
Preston Oklahoma Electricity Costs
Residents in Preston pay about $0.09/kw for electricity, making it one of the most cost-effective options in the nation and the state. With the national average at $0.13/kw and Oklahoma’s average at $0.11/kw, investing in solar panels can help you save even more on your electricity bills. By harnessing the power of the sun, you can reduce your dependence on traditional grid electricity and lower your overall costs.
When could you expect to break even on a solar installation in Preston Oklahoma?
Considering the weather and electricity costs in Preston, 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:
- Preston, Oklahoma receives slightly less precipitation compared to the national average, making it a suitable location for solar panels.
- The UV ratings in Preston, Oklahoma are higher than the national average, providing good conditions for generating solar power.
- Cloud cover in Preston, Oklahoma 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 Preston, Oklahoma pay less for electricity compared to the national average, making solar power an attractive option for saving money.
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 and saving money on electricity bills.
- Given Preston’s lower electricity rates, the savings from using solar power are significant.
After analyzing the data, it appears that it would take approximately 4-5 years to cover the initial cost of the solar panels in Preston, Oklahoma. This means that after this period, the savings on electricity bills will start accumulating and pay off the investment. Since solar panels have a long lifespan, the savings will continue for many years beyond the break-even point. Investing in solar power not only helps save money over time but also contributes to a greener environment. It’s a smart choice for the long run!
Investing in solar power in Preston Oklahoma
Considering the weather trends and electricity costs in Preston, Oklahoma, investing in solar panels can result in significant savings on your electricity bills. With favorable conditions for solar energy generation and lower electricity rates compared to the national average, it is estimated that you could break even on your investment in solar panels within 4-5 years. Beyond that point, the savings will continue to accumulate, making solar energy a smart and cost-effective choice for the long run. By harnessing the power of the sun, not only are you benefiting your wallet, but you are also contributing to a greener environment. Make the switch to solar energy today and start saving!