Overview
Are you tired of high electricity bills in Welch, Oklahoma? Installing solar panels on your home could be a smart financial decision. By analyzing weather data specific to Welch, we can show you how much money you could save on your energy bills each year. With the right solar system, you could potentially break even within a few years, allowing you to enjoy free electricity for many years to come.
Welch Oklahoma Weather Trends
Welch Precipitation
With an average of 57.64 inches of precipitation in the last year, Welch, Oklahoma is in the 65th percentile nationwide and the 92nd percentile within the state. Compared to the national average of 50.61 inches, Welch receives more rainfall. This means that solar panels in Welch will have plenty of opportunities to generate clean energy from the sun, potentially leading to higher savings on electricity bills over time.
Welch’s UV Rating
Welch, Oklahoma had an average UV rating of 4.88 in the last year, placing it in the 75th percentile nationally and the 3rd percentile within Oklahoma. While Welch’s UV rating is slightly lower than the state average of 5.2, it is still higher than the national average of 4.29. This means that solar panels in Welch can efficiently harness solar energy, providing residents with a reliable source of electricity and potentially reducing their reliance on traditional grid power.
Welch’s Cloud Cover
With an average cloud cover of 36% in the last year, Welch, Oklahoma is in the 15th percentile nationally and the 79th percentile within the state. Compared to the national average of 44.46%, Welch experiences slightly less cloud cover. This means that solar panels in Welch will have more sunny days to generate electricity, increasing the potential for energy savings and reducing the carbon footprint of residents.
Welch Oklahoma Electricity Costs
Residents of Welch, Oklahoma pay approximately $0.11/kw for electricity, positioning Welch in the 32nd percentile nationally and the 74th percentile within Oklahoma. With electricity costs lower than the national average of $0.13/kw, installing solar panels in Welch can further decrease the monthly utility bills for residents. By taking advantage of the abundant sunshine and favorable electricity rates, Welch residents can potentially achieve substantial savings and contribute to a greener environment.
When could you expect to break even on a solar installation in Welch Oklahoma?
Considering the weather and electricity costs in Welch, 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:
- Welch receives more precipitation than the national average, but it still has plenty of sunlight for solar panels to work effectively.
- The UV ratings in Welch are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Welch is lower than the national average, with a good number of days having low to moderate cloud cover.
Now, let’s consider the electricity costs:
- Residents in Welch pay slightly less for electricity compared to the national average, which is beneficial when considering savings from solar power.
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 needed from the grid and resulting in savings on electricity bills.
- With Welch’s electricity rates, the savings accumulate over time, helping to offset the initial investment cost.
After analyzing the data, it appears that it would take approximately 5-6 years to cover the initial cost of the solar panels. This means that after 5-6 years, the money saved on electricity bills will begin to exceed the total cost of the solar installation. Additionally, since solar panels last for 25-30 years, the savings generated after the break-even point will continue for many years. Investing in solar power not only helps save money in the long run but also contributes to a greener environment. It’s a wise financial decision with lasting benefits!
Investing in solar power in Welch Oklahoma
Considering the favorable weather conditions in Welch, Oklahoma and the relatively lower electricity costs, investing in solar panels can lead to significant savings in the long run. With an expected break-even point of around 5-6 years, residents can enjoy decades of free electricity and contribute to a greener environment. By harnessing the abundant sunlight and favorable rates, installing solar panels in Welch is a wise financial decision that offers lasting benefits for both your wallet and the planet.