Overview
Are you a resident of Sterling, Oklahoma looking to save money on your electricity bills? Installing solar panels on your home could be a cost-effective solution for you. By analyzing weather data and electricity costs specific to Sterling, we can estimate how long it would take for you to break even on your investment in a solar system. Let’s explore the financial benefits of going solar in Sterling and how it can help you save money in the long run.
Sterling Oklahoma Weather Trends
Sterling Precipitation
With Sterling, Oklahoma receiving 39.91 inches of precipitation in the last year, it falls below the national average of 50.61 inches. Compare that to Oklahoma’s average of 46.74 inches, and Sterling is still on the lower end. By harnessing the power of sunlight through solar panels, you can offset the potential challenges posed by lower rainfall levels and take control of your energy needs.
Sterling’s UV Rating
With an average UV rating of 5.47 last year, Sterling, Oklahoma basks in more sunshine compared to the national average of 4.29. Even against the state average of 5.2, Sterling shines brightly. By capturing this abundant sunlight with solar panels, you can maximize your energy production and reduce your reliance on the grid, ultimately saving you money in the long run.
Sterling’s Cloud Cover
Featuring an average cloud cover of 30% in the last year, Sterling, Oklahoma enjoys clearer skies than both the national average of 44.46% and the state average of 33.43%. With a significant number of days boasting minimal cloud cover, Sterling provides ample opportunities for solar energy generation. By embracing solar power, you can capitalize on these sunny days to cut down on your electricity costs.
Sterling Oklahoma Electricity Costs
At $0.09/kw, Sterling, Oklahoma offers residents lower electricity costs compared to the national average of $0.13/kw and the state average of $0.11/kw. By installing solar panels on your home, you can lock in your energy costs and potentially eliminate your monthly electricity bills. With such favorable rates in Sterling, going solar can provide you with significant long-term savings and a cleaner environment.
When could you expect to break even on a solar installation in Sterling Oklahoma?
Considering the weather and electricity costs in Sterling, 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:
- Sterling gets less total precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Sterling are higher than the national average, ideal for generating solar power efficiently.
- Cloud cover in Sterling is lower than the national average, with a good number of clear days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Sterling pay less for electricity compared to the national average, making solar energy a cost-effective choice.
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 lowering electricity bills.
- With Sterling’s lower electricity rates, the savings are considerable over time.
After crunching the numbers, it looks like it would take approximately 6-7 years to cover the initial cost of the solar panels. This means that after that period, the money saved on electricity bills will begin to outweigh the initial investment. Additionally, since solar panels have a long lifespan, you can continue to enjoy those savings for many years to come. Investing in solar energy is not only a financially sound decision but also a sustainable one that benefits both your wallet and the environment.
Investing in solar power in Sterling Oklahoma
By analyzing the weather data and electricity costs specific to Sterling, Oklahoma, it is evident that installing solar panels can be a cost-effective solution for residents looking to save money on their electricity bills. With favorable weather conditions and lower electricity rates in Sterling, investing in solar energy can lead to significant long-term savings. Based on our calculations, residents could expect to break even on their investment in solar panels in approximately 6-7 years. Not only does going solar provide financial benefits, but it also contributes to a cleaner environment. Embracing solar power in Sterling is a smart and sustainable choice for both your wallet and the planet.