Overview
Discover how installing solar panels on your home in Wainwright, Oklahoma could save you money in the long run. By analyzing weather data and electricity costs specific to your area, we will show you how investing in a solar system can help you break even sooner than you might think.
Wainwright Oklahoma Weather Trends
Wainwright Precipitation
With Wainwright receiving 51 inches of precipitation in the last year, you can take advantage of this natural resource to power your home with a solar system. Being in the 50th percentile in the nation and the 68th percentile in Oklahoma for precipitation means you have the ideal conditions for generating solar energy efficiently. Compared to the national average of 50.61 inches and Oklahoma’s average of 46.74 inches, Wainwright’s precipitation levels make it a prime location for solar panels.
Wainwright’s UV Rating
Wainwright’s average UV rating of 5.13 in the last year places it in the 81st percentile in the nation and the 36th percentile in Oklahoma. With an average max UV rating of 5.57, Wainwright is in the 69th percentile in the nation and the 36th percentile in Oklahoma. These high UV ratings mean that installing solar panels on your home in Wainwright will result in significant energy production. Compared to the national average of 4.29 and Oklahoma’s average of 5.2 for UV rating, Wainwright’s levels make it an excellent location for solar energy.
Wainwright’s Cloud Cover
Having an average of 35% cloud cover in the last year, Wainwright is in the 13th percentile in the nation and the 69th percentile in Oklahoma. With a lower cloud cover percentage, you can expect more sunlight to reach your solar panels, increasing energy production. Compared to the national average of 44.46% and Oklahoma’s average of 33.43% for cloud cover, Wainwright’s clear skies make it an optimal choice for harnessing solar power.
Wainwright Oklahoma Electricity Costs
Wainwright residents pay about $0.09/kw for electricity, placing them in the 3rd percentile in the nation and the 1st percentile in Oklahoma. With lower electricity costs compared to the national average of $0.13/kw and Oklahoma’s average of $0.11/kw, investing in solar panels can help you save even more money in the long run. By generating your own electricity through solar power, you can break free from rising utility costs and contribute to a more sustainable future.
When could you expect to break even on a solar installation in Wainwright Oklahoma?
Considering the weather and electricity costs in Wainwright, 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:
- Wainwright gets slightly more precipitation than the national average, but it still has good sunlight for solar panels to be effective.
- The UV ratings in Wainwright are higher than the national average, making it a great location for generating solar power.
- Cloud cover in Wainwright is lower than the national average, with a good amount of sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Wainwright pay less for electricity compared to the national average, which is beneficial for savings from solar panels.
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 the need to purchase from the grid, especially with Wainwright’s lower electricity rates.
- The savings on electricity bills will accumulate over time, helping to offset the initial cost of the solar panels.
Based on the calculations, it is estimated that it would take around 6-7 years to cover the initial cost of the solar panels in Wainwright, Oklahoma. After this period, the savings on electricity bills will start to outweigh the initial investment. Since solar panels have a long lifespan, the savings will continue for many years, making it a wise investment choice for residents in Wainwright.
Investing in solar power in Wainwright Oklahoma
Overall, installing solar panels in Wainwright, Oklahoma can be a cost-effective decision due to the favorable weather conditions and low electricity costs in the area. Analyzing the data on precipitation, UV ratings, cloud cover, and electricity rates shows that investing in solar energy can lead to significant savings in the long term. With an estimated break-even period of 6-7 years for a standard solar system, residents in Wainwright can enjoy lower utility bills and contribute to a more sustainable future by harnessing the power of the sun. Making the switch to solar energy is not only an environmentally friendly choice but also a smart financial decision for homeowners in Wainwright.