Overview
If you live in Jellico, Tennessee, you might be wondering if installing solar panels on your home is worth the investment. In this article, we will break down the financial benefits of going solar by looking at the cost of a solar system, analyzing weather data over 365 days, and estimating how long it will take for you to break even on your investment. By the end, you’ll see why going solar in Jellico is not only environmentally friendly but also a smart financial choice.
Jellico Tennessee Weather Trends
Jellico Precipitation
In the last year, Jellico Tennessee received 61.98 inches of precipitation, ranking it in the 74th percentile in the nation and the 75th percentile in Tennessee. Comparatively, the national average for total precipitation is 50.61 inches, while Tennessee’s average is 58.16 inches. With abundant rainfall, harnessing solar energy can help you save on electricity costs in Jellico.
Jellico’s UV Rating
Over the last year, Jellico Tennessee had an average UV rating of 4.43, placing it in the 62nd percentile in the nation and the 20th percentile in Tennessee. When looking at the national average of 4.29 and Tennessee’s average of 4.65, it is clear that Jellico receives a moderate amount of sunlight perfect for generating solar power. With an average maximum UV rating of 4.75, there is significant potential for solar energy production in Jellico.
Jellico’s Cloud Cover
On average, Jellico Tennessee had 46% cloud cover last year, ranking it in the 60th percentile in the nation and the 85th percentile in Tennessee. The national average for cloud cover is 44.46%, while Tennessee’s average is 43.78%. With a good amount of sunny days, installing solar panels in Jellico can help you take advantage of the clear skies and reduce your reliance on traditional electricity sources.
Jellico Tennessee Electricity Costs
Residents of Jellico pay around $0.11/kw for electricity, placing them in the 27th percentile in the nation and the 38th percentile in Tennessee. Comparatively, the national average for residential electricity is $0.13/kw, while Tennessee’s average is the same at $0.11/kw. By switching to solar power, you can lower your electricity bills and reduce your carbon footprint in Jellico.
When could you expect to break even on a solar installation in Jellico Tennessee?
Considering the weather and electricity costs in Jellico, 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:
- Jellico receives more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Jellico are slightly above the national average, making it a good location for generating solar power.
- Cloud cover in Jellico is around the national average, with variations in cloudiness throughout the year.
Now, let’s consider the electricity costs:
- Residents in Jellico pay less for electricity compared to the national average, which can impact the overall 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 solar system generates electricity, reducing the amount needed from the grid, especially given Jellico’s lower electricity rates.
After running the numbers, it appears that it would take around 5-6 years to cover the initial cost of the solar panels in Jellico. This means that after 5-6 years, the money saved on electricity bills will start to accumulate and pay off the investment. Remember, solar panels have a long lifespan, so beyond that initial period, you’ll continue to enjoy those savings for many years to come. It’s a wise investment for both your wallet and the environment!
Investing in solar power in Jellico Tennessee
With the analysis of weather trends and electricity costs in Jellico, Tennessee, it is evident that installing solar panels can be a financially sound decision. By harnessing the abundant sunlight and moderately low electricity rates, residents can expect to break even on their investment in approximately 5-6 years. This means not only saving money on electricity bills but also reducing their carbon footprint for years to come. Going solar in Jellico is indeed a smart financial choice that benefits both homeowners and the environment.