Overview
In Tupelo, Oklahoma, installing solar panels on your home could save you money in the long run. By analyzing weather data and electricity costs over the course of a year, we can estimate how much you can save and how quickly your investment in solar panels could pay off. With the average cost of electricity in Tupelo and the amount of sunlight the area receives, you could see significant savings on your monthly energy bills by making the switch to solar power. Let’s break down the numbers to show you the financial benefits of going solar in Tupelo.
Tupelo Oklahoma Weather Trends
Tupelo Precipitation
In the last year Tupelo Oklahoma received 53.33 inches of precipitation, which is above the national average of 50.61 inches. Although Tupelo is in the 55th percentile in the nation, it is still in the 78th percentile in Oklahoma, indicating that the area receives a decent amount of rainfall compared to other parts of the state. With these precipitation levels, installing solar panels on your home in Tupelo could harness the power of the sun effectively to generate electricity.
Tupelo’s UV Rating
With an average UV rating of 5.28, Tupelo Oklahoma experiences higher levels of UV radiation compared to the national average of 4.29. While Tupelo is in the 85th percentile in the nation for UV rating, it falls slightly below the Oklahoma average. However, the high UV rating is still ideal for generating solar power, making it a worthwhile investment for Tupelo residents considering switching to solar energy. The average max UV rating of 5.74 further emphasizes the area’s solar potential.
Tupelo’s Cloud Cover
Last year, Tupelo Oklahoma had an average of 35% cloud cover, lower than the national average of 44.46%. With 163 days of clear skies and minimal cloud cover, Tupelo is in an optimal position for solar panel installation. Although the area experiences some cloudiness throughout the year, the majority of days have low cloud cover levels, making it ideal for harnessing solar energy effectively. Installing solar panels in Tupelo could lead to significant energy savings due to the favorable cloud cover conditions.
Tupelo Oklahoma Electricity Costs
Tupelo residents pay about $0.12/kw for electricity, slightly lower than the national average of $0.13/kw. Compared to other parts of Oklahoma where electricity costs are typically lower, Tupelo ranks in the 95th percentile in the state. By transitioning to solar power, Tupelo residents can significantly reduce their monthly electricity bills, taking advantage of the area’s solar potential and lower-than-average electricity costs. Investing in solar panels could lead to long-term financial savings and environmental benefits for Tupelo homeowners.
When could you expect to break even on a solar installation in Tupelo Oklahoma?
Considering the weather and electricity costs in Tupelo, 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:
- Tupelo receives slightly more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Tupelo are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Tupelo is below the national average, with occasional variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Tupelo 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 amount purchased from the grid.
- With lower electricity rates in Tupelo, the savings might be slightly lower compared to other locations, but still significant.
After analyzing the data, it seems that it would take around 6 to 7 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will begin to offset the investment. Considering the long lifespan of solar panels, you will continue to benefit from these savings for many years to come. It’s an efficient way to save money and contribute to a greener environment!
Investing in solar power in Tupelo Oklahoma
By analyzing the weather trends and electricity costs in Tupelo, Oklahoma, it is clear that investing in solar panels can lead to significant long-term savings. With above-average sunlight, below-average cloud cover, and slightly lower electricity costs, Tupelo residents can expect to break even on their solar panel investment in around 6 to 7 years. After this initial period, the savings on electricity bills will continue to provide financial benefits for years to come. Making the switch to solar power in Tupelo is not only a smart financial decision but also a way to contribute to a greener and more sustainable future.