Overview
Are you tired of high electricity bills each month? Have you ever considered the financial benefits of installing solar panels on your home in Lakemont, Georgia? In this article, we will explore the cost savings of solar energy compared to traditional electricity sources based on weather data specific to your location. By analyzing inches of precipitation, average max UV rating, average UV rating, and average percentage cloud cover over the course of a year, we will show you how a solar system can help you break even sooner than you might think. Let’s dive into the numbers and see how going solar can put money back in your pocket.
Lakemont Georgia Weather Trends
Lakemont Precipitation
With 77.92 inches of precipitation in the last year, Lakemont is in the 96th percentile nationwide and the 88th percentile in Georgia. Compared to the national average of 50.61 inches and Georgia’s average of 67.23 inches, it’s evident that Lakemont receives ample rainfall. By harnessing this natural resource with solar panels, residents can reduce their reliance on traditional electricity sources and save money in the long run.
Lakemont’s UV Rating
Having an average UV rating of 4.38 in the last year, Lakemont is in the 61st percentile in the nation and the 5th percentile in Georgia. While the national average for UV rating is 4.29 and Georgia’s average is 5.15, Lakemont still enjoys plenty of sun exposure. By capturing this sunlight through solar panels, residents can generate more clean energy and lower their electricity bills considerably.
Lakemont’s Cloud Cover
With an average of 42% cloud cover in the last year, Lakemont falls in the 38th percentile nationwide and the 54th percentile in Georgia. Comparing this to the national average of 44.46% and Georgia’s average of 42.32%, Lakemont experiences relatively clear skies. This favorable weather condition makes it ideal for solar panel installations, allowing residents to maximize energy production and decrease their carbon footprint.
Lakemont Georgia Electricity Costs
Residents in Lakemont pay around $0.13/kw for electricity, placing them in the 68th percentile nationwide and the 74th percentile in Georgia. While the national average for residential electricity is also $0.13/kw, Georgia’s average is slightly lower at $0.12/kw. With solar panels, residents can offset these costs by generating their own clean energy, leading to significant savings over time and contributing to a more sustainable environment.
When could you expect to break even on a solar installation in Lakemont Georgia?
Considering the weather and electricity costs in Lakemont Georgia, 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:
- Lakemont Georgia receives more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Lakemont Georgia are slightly above the national average, making it a good location for generating solar power.
- Cloud cover in Lakemont Georgia is slightly lower than the national average, providing ample opportunities for solar energy generation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lakemont Georgia pay the national average for electricity.
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, which means there is less reliance on the grid, resulting in savings on electricity bills.
- With the national average electricity rates, the savings will accumulate over the years.
After analyzing the data, it appears that it would take approximately 6-7 years to cover the initial cost of the solar panels. This means that after this period, the savings on electricity bills will exceed the initial investment cost. Additionally, since solar panels have a long lifespan, the savings obtained will continue for many years, making it a wise financial decision while benefiting the environment.
Investing in solar power in Lakemont Georgia
After examining the weather trends and electricity costs in Lakemont, Georgia, it is evident that installing solar panels can lead to significant financial savings for residents. With ample sunlight, lower cloud cover, and average electricity rates, the break-even point for a standard solar system of 10kW is estimated to be around 6-7 years. Beyond that, the savings accumulated from generating clean energy will continue to benefit homeowners and the environment for many years to come. Embracing solar energy not only puts money back in your pocket but also contributes to a more sustainable future. Make the switch to solar and start saving today!