Overview
If you’re a Harriman Tennessee resident looking to save money on your electricity bills, installing solar panels on your home could be a smart decision. By analyzing weather data and electricity costs specific to Harriman, we can show you how much you could potentially save by switching to solar energy. In this article, we break down the cost of a solar system and estimate how long it will take for you to break even based on the data collected over 365 days. Discover the financial benefits of going solar and how it can help you save money in the long run.
Harriman Tennessee Weather Trends
Harriman Precipitation
With 64.82 inches of precipitation in the last year, Harriman Tennessee is in the 80th percentile in the nation and the 85th percentile in Tennessee. Compared to the national average of 50.61 inches and Tennessee’s average of 58.16 inches, Harriman receives a significant amount of rain. By harnessing the power of solar energy, you can take advantage of this natural resource to offset your electricity costs and save money in the long run.
Harriman’s UV Rating
Having an average UV rating of 4.57, Harriman Tennessee is in the 66th percentile in the nation and the 35th percentile in Tennessee. When looking at the national average of 4.29 and Tennessee’s average of 4.65, Harriman enjoys ample sunlight throughout the year. With a high max UV rating of 4.87, Harriman is well-equipped to generate solar energy efficiently. By installing solar panels, you can harness this abundant sunlight to power your home and reduce your dependence on traditional electricity sources.
Harriman’s Cloud Cover
Despite having an average of 44% cloud cover, which puts Harriman in the 52nd percentile in the nation and the 68th percentile in Tennessee, there are many days with varying levels of cloud cover. With 104 days of clear skies and 118 days with moderate cloud cover, Harriman experiences favorable conditions for solar energy production. By taking advantage of these clear days and optimizing your solar panel setup, you can maximize your energy savings and contribute to a cleaner environment.
Harriman Tennessee Electricity Costs
At $0.12/kw, Harriman Tennessee residents pay electricity costs that are in the 49th percentile in the nation and the 96th percentile in Tennessee. Compared to the national average of $0.13/kw and Tennessee’s average of $0.11/kw, Harriman’s electricity rates are favorable for transitioning to solar power. By investing in a solar system for your home, you can reduce your monthly electricity expenses and protect yourself from future price hikes in the utility market.
When could you expect to break even on a solar installation in Harriman Tennessee?
Considering the weather and electricity costs in Harriman, Tennessee, 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:
- Harriman gets more precipitation than the national average, but it still has good potential for solar power.
- The UV ratings in Harriman are higher than the national average, making it a suitable location for solar panels.
- Cloud cover in Harriman is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Harriman pay slightly less for electricity compared to the national average.
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 purchased from the grid.
- With Harriman’s lower electricity rates, the savings may take longer to cover the initial cost.
After crunching the numbers, it looks like it may take around 5-7 years to cover the initial cost of the solar panels. This means that after 5-7 years, the money saved on electricity bills will start to accumulate and pay off the investment. Remember, solar panels have a long lifespan, so you’ll be benefiting from the savings for many years to come. It’s a wise investment that not only saves money but also helps the environment!
Investing in solar power in Harriman Tennessee
Switching to solar energy in Harriman, Tennessee can be a financially savvy decision due to the abundant sunlight and slightly lower electricity costs in the area. By investing in a solar system, residents have the potential to break even on their initial investment within 5-7 years and enjoy long-term energy savings. With the combination of favorable weather conditions and cost-effective electricity rates, going solar not only benefits your wallet but also contributes to a cleaner environment. Consider the financial advantages and environmental impact of installing solar panels on your home in Harriman. It’s a smart and sustainable choice for the future.