Overview
In S Coffeyville, Oklahoma, installing solar panels on your home can lead to significant savings on your electricity bill over time. By analyzing weather data and electricity costs specific to the area, we can estimate the financial benefits of switching to solar power. With the right solar system, residents can break even on their investment in a reasonable amount of time, allowing them to enjoy long-term savings and a more sustainable energy source for their home.
S Coffeyville Oklahoma Weather Trends
S Coffeyville Precipitation
With an average of 51.87 inches of precipitation in the last year, S Coffeyville Oklahoma falls in the 52nd percentile in the nation and the 72nd percentile in Oklahoma. Compared to the national average of 50.61 inches and Oklahoma’s average of 46.74 inches, S Coffeyville experiences a slightly higher amount of precipitation, making it an ideal location for harnessing solar power.
S Coffeyville’s UV Rating
Having an average UV rating of 4.97 in the last year, S Coffeyville Oklahoma ranks in the 77th percentile in the nation and the 8th percentile in Oklahoma. Comparing this to the national average of 4.29 and Oklahoma’s average of 5.2, S Coffeyville experiences higher UV exposure, which is beneficial for solar panel efficiency and energy production. Additionally, the average max UV rating of 5.4 further enhances the potential for solar energy generation in S Coffeyville.
S Coffeyville’s Cloud Cover
With an average of 35% cloud cover in the last year, S Coffeyville Oklahoma is in the 12th percentile in the nation and the 63rd percentile in Oklahoma. Compared to the national average of 44.46% and Oklahoma’s average of 33.43%, S Coffeyville has relatively clear skies, allowing for more sunlight to reach solar panels and generate electricity. Additionally, the distribution of cloud cover days in different ranges further indicates favorable conditions for solar power production.
S Coffeyville Oklahoma Electricity Costs
Residents of S Coffeyville pay about $0.11/kw for electricity, placing the town in the 20th percentile in the nation and the 43rd percentile in Oklahoma. While the national average for residential electricity is $0.13/kw, Oklahoma’s average matches S Coffeyville’s at $0.11/kw. With lower electricity costs compared to the national average, switching to solar power in S Coffeyville can lead to even greater savings in the long run, making it a financially attractive investment.
When could you expect to break even on a solar installation in S Coffeyville Oklahoma?
Considering the weather and electricity costs in S Coffeyville 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:
- S Coffeyville Oklahoma received slightly more precipitation than the national average, but it still has good conditions for solar panels.
- The UV ratings in S Coffeyville Oklahoma are higher than the national average, which is great for generating solar power.
- Cloud cover in S Coffeyville Oklahoma is lower than the national average, indicating more sunny days for solar power generation.
Now, let’s consider the electricity costs:
- Residents in S Coffeyville Oklahoma pay slightly less for electricity compared to the national average.
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 need to purchase from the grid.
- With lower electricity rates in S Coffeyville Oklahoma, the savings may be slightly lower compared to other areas.
After analyzing the data, it looks like it would take around 6-7 years to cover the initial cost of the solar panels in S Coffeyville Oklahoma. This means that after 6-7 years, the savings will accumulate and start to pay off the investment. Since solar panels last for a long time, you can enjoy those savings for many years after the initial period. Investing in solar panels is not only a smart financial decision but also an environmentally-friendly one!
Investing in solar power in S Coffeyville Oklahoma
Overall, installing solar panels in S Coffeyville, Oklahoma is a wise financial move that can lead to significant long-term savings on electricity bills. With favorable weather conditions and lower electricity costs compared to the national average, residents can expect to break even on their investment in solar power within 6-7 years. This means that not only will homeowners enjoy reduced energy costs over time, but they will also contribute to a more sustainable energy source for their home. Investing in solar panels in S Coffeyville is a smart and environmentally-friendly choice for the future.