Overview
Are you a Tatums Oklahoma resident looking to save money on your electricity bills? Installing solar panels on your home could be a smart financial move for you. In this article, we will break down the costs of a solar system and estimate how long it will take for you to break even on your investment. By analyzing weather data and electricity costs specific to Tatums Oklahoma, we will show you how solar power can help you save money in the long run.
Tatums Oklahoma Weather Trends
Tatums Precipitation
With an average of 40.06 inches of precipitation in the last year, Tatums Oklahoma falls below both national and state averages. Compared to the national average of 50.61 inches and Oklahoma’s average of 46.74 inches, Tatums’ lower precipitation levels make it an ideal location for solar panel installation.
Tatums’s UV Rating
With an average UV rating of 5.37 and a max UV rating of 5.82, Tatums Oklahoma experiences higher UV levels compared to the national and state averages. This means that Tatums receives more sunlight, making it a prime location for harnessing solar energy. By installing solar panels, residents can take advantage of the abundant sunlight to generate their own electricity.
Tatums’s Cloud Cover
With an average cloud cover of 32%, Tatums Oklahoma ranks below the national average of 44.46% and slightly below the state average of 33.43%. This lower cloud cover means more sunny days, providing ample opportunities for solar panels to generate electricity efficiently. Residents in Tatums can benefit from clear skies to maximize their savings on electricity bills.
Tatums Oklahoma Electricity Costs
At $0.1/kw for electricity, Tatums Oklahoma residents enjoy lower electricity costs than the national average of $0.13/kw and the state average of $0.11/kw. By installing solar panels, residents can further reduce their reliance on the grid, saving even more money in the long run. With favorable weather conditions and affordable electricity rates, going solar in Tatums is a smart financial decision.
When could you expect to break even on a solar installation in Tatums Oklahoma?
Considering the weather and electricity costs in Tatums, 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:
- Tatums receives a bit less rainfall compared to the national average, making it a suitable location for solar panels.
- The UV ratings in Tatums are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Tatums is lower than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Tatums pay less for electricity compared to the national average, which can affect savings from solar power usage.
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 solar system generates electricity, reducing reliance on the grid and saving money on electricity bills.
- With lower electricity rates in Tatums, the savings may be slightly lower compared to areas with higher rates.
After analyzing the data, it appears that it would take around 6-7 years to cover the initial cost of the solar panels in Tatums. This means that after this period, the savings accrued from reduced electricity bills will begin to offset the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years beyond the break-even point. This not only aids in cost savings but also contributes to environmental preservation. It’s a wise financial and eco-friendly choice for residents of Tatums, Oklahoma!
Investing in solar power in Tatums Oklahoma
Installing solar panels in Tatums, Oklahoma could be a wise financial decision for residents. With lower precipitation levels, higher UV ratings, and less cloud cover compared to national and state averages, Tatums provides an ideal environment for solar panel installation. Additionally, residents benefit from affordable electricity costs, further enhancing the savings from using solar power. Based on the analysis of weather data and electricity rates, it is estimated that it would take around 6-7 years to break even on the initial cost of solar panels. Beyond that point, residents can continue to save money on electricity bills while also contributing to environmental preservation. Going solar in Tatums is not only a smart financial move but also an eco-friendly choice for a brighter future.