Overview
If you’re looking to save money on your electricity bills in Tarboro, North Carolina, installing solar panels on your home could be a smart choice. By analyzing local weather data over the course of a year, we can show you the potential financial benefits of harnessing the power of the sun. With the average cost of electricity in Tarboro, paired with the amount of sunlight the area receives, we will break down the cost of a solar system and estimate how long it could take for you to break even on your investment. You’ll be pleasantly surprised at how much you could save in the long run by making the switch to solar energy.
Tarboro North Carolina Weather Trends
Tarboro Precipitation
With Tarboro North Carolina receiving 66.58 inches of precipitation in the last year, you may be surprised to learn that this puts Tarboro above the national average and just slightly higher than the North Carolina average. By taking advantage of this ample rainfall alongside solar energy, you can reduce your reliance on traditional power sources and save money in the long run. Embracing solar panels in a place like Tarboro, where precipitation levels are abundant, can significantly benefit both your wallet and the environment.
Tarboro’s UV Rating
With Tarboro North Carolina boasting an average UV rating of 4.84 in the last year, it’s clear that this area receives a substantial amount of sunlight. This puts Tarboro ahead of the national average and slightly above the North Carolina average in terms of UV exposure. By harnessing this sunlight with solar panels, you can tap into a valuable resource that will not only reduce your electricity bills but also decrease your carbon footprint. Embracing solar energy in Tarboro is a smart choice given the abundance of sunlight available.
Tarboro’s Cloud Cover
With Tarboro North Carolina experiencing an average of 40% cloud cover in the last year, this puts the area below the national and state averages for cloudiness. Having fewer cloudy days means more sunshine available to power your solar panels, maximizing their efficiency and potential cost savings. By taking advantage of the lower cloud cover in Tarboro, you can make the most of the sunny days and save even more on your electricity bills in the long run.
Tarboro North Carolina Electricity Costs
At around $0.12/kw for electricity, Tarboro North Carolina residents are already paying slightly below the national average and right in line with the state average. By installing solar panels on your home, you can further reduce your electricity costs and potentially even earn credits back from the excess energy you generate. With electricity prices stable in Tarboro, switching to solar power can provide both financial savings and environmental benefits for years to come.
When could you expect to break even on a solar installation in Tarboro North Carolina?
Considering the weather and electricity costs in Tarboro, 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:
- Tarboro gets more rain than the national average, which can help keep solar panels clean but may affect sunlight exposure.
- The UV ratings in Tarboro are higher than the national average, indicating good potential for generating solar power.
- Cloud cover in Tarboro is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Tarboro pay slightly less for electricity compared to the national average, which can impact the savings from using 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, especially considering Tarboro’s lower electricity rates.
- With the savings from using solar power, the initial investment will eventually be covered.
After crunching the numbers, it looks like it would take around 8-10 years to cover the initial cost of the solar panels. This means that after 8-10 years, the savings on electricity bills will start to accumulate and pay off the investment. Moreover, since solar panels last for many years, you’ll continue to benefit from these savings for a long time. Investing in solar panels is a financially smart choice while also contributing to a cleaner environment.
Investing in solar power in Tarboro North Carolina
Overall, choosing to install solar panels in Tarboro, North Carolina can be a wise decision for saving money on electricity bills. By analyzing the local weather data, including precipitation, UV rating, and cloud cover, it’s evident that Tarboro provides favorable conditions for harnessing solar energy. With electricity costs in Tarboro being lower than the national average, investing in solar panels can lead to significant long-term financial savings. Based on the data and calculations, it’s estimated that it would take around 8-10 years to break even on the initial investment, after which homeowners will continue to benefit from reduced electricity costs and a lighter environmental footprint. Embracing solar energy in Tarboro is not only a smart financial choice but also a step towards a more sustainable future.