Overview
Are you a Graham North Carolina resident looking to save money on your electricity bill? Installing solar panels on your home could be the answer! By analyzing weather data specific to Graham, including average precipitation, UV ratings, and cloud cover, we can show you how much you can potentially save each year with a solar system. We break down the costs involved in getting solar panels installed and estimate how long it will take for you to break even on your investment. Read on to learn more about the financial benefits of going solar in Graham North Carolina.
Graham North Carolina Weather Trends
Graham Precipitation
With Graham North Carolina receiving 62.7 inches of precipitation in the last year, you may be wondering how this compares to the rest of the country and North Carolina. Graham falls above the national average of 50.61 inches but below North Carolina’s average of 65.54 inches. Considering the ample rainfall in Graham, harnessing solar energy can help you take advantage of this natural resource to power your home efficiently and sustainably.
Graham’s UV Rating
When it comes to UV ratings, Graham North Carolina shines with an average rating of 4.68. This places Graham above the national average of 4.29 but slightly below North Carolina’s average of 4.72. Furthermore, Graham’s average max UV rating of 5.08 positions the city well compared to the rest of the nation and North Carolina. With such abundant sunshine, installing solar panels on your home in Graham can significantly reduce your reliance on traditional grid electricity while benefiting the environment.
Graham’s Cloud Cover
In the last year, Graham North Carolina experienced an average of 41% cloud cover. While this may seem to present some challenges for solar energy generation, Graham’s cloud cover is comparable to the national average of 44.46% and North Carolina’s average of 42.57%. Moreover, with a varying number of days with different cloud cover percentages, you still have plenty of clear days for optimal solar panel performance in Graham.
Graham North Carolina Electricity Costs
Residents in Graham pay around $0.13 per kilowatt-hour for electricity, which is slightly higher than the national average, but above North Carolina’s average of $0.12/kw. By investing in solar panels for your home, you can mitigate the impact of rising energy costs and potentially even sell excess energy back to the grid, making the most of Graham’s favorable solar conditions and reducing your reliance on traditional electricity sources.
When could you expect to break even on a solar installation in Graham North Carolina?
Considering the weather and electricity costs in Graham, North Carolina, 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:
- Graham, North Carolina receives more precipitation than the national average, but still has a good amount of sunshine for solar panels to be effective.
- The UV ratings in Graham, North Carolina are above the national average, making it a good location for generating solar power.
- Cloud cover in Graham, North Carolina is slightly lower than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Graham, North Carolina pay the national average for electricity, which is $0.13/kw.
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.
- With electricity costs at $0.13/kw, the savings can add up over time.
After doing the math, it looks like it would take around 5-6 years to cover the initial cost of the solar panels. This means that after 5-6 years, the savings on electricity bills will begin to accumulate and pay off the investment. Plus, with solar panels lasting up to 30 years, the savings will continue long after the initial investment is paid off. It’s a smart financial and environmental decision to go solar in Graham, North Carolina!
Investing in solar power in Graham North Carolina
Considering the weather data and electricity costs in Graham, North Carolina, investing in solar panels for your home is a smart decision. With ample sunshine, above-average UV ratings, and manageable cloud cover, solar panels can efficiently power your home. By breaking down the costs involved and estimating how long it will take to break even on your investment, we have shown that it would take approximately 5-6 years to cover the initial cost of the solar panels. This means that the savings on electricity bills will accumulate and pay off the investment over time. Going solar in Graham, North Carolina is not only financially beneficial but also environmentally friendly, making it a wise choice for residents looking to save money on their electricity bills while reducing their carbon footprint.