Overview
Are you a Sharon Tennessee resident looking to cut down on your electricity costs? Installing solar panels on your home could be a smart financial decision for you. By analyzing weather data specific to Sharon, along with basic electricity costs, we can estimate the potential savings and break-even time for a solar system. Let’s explore how going solar can help you save money in the long run.
Sharon Tennessee Weather Trends
Sharon Precipitation
With Sharon Tennessee receiving 45.41 inches of precipitation in the last year, it falls below the national average of 50.61 inches. Compared to the rest of Tennessee, Sharon ranks in the 3rd percentile. While the amount of rainfall in Sharon may not be extreme, it is still sufficient to generate solar power, making it a viable option for your home.
Sharon’s UV Rating
Sharon Tennessee boasts an average UV rating of 4.79, surpassing both the national average of 4.29 and Tennessee’s average of 4.65. Additionally, with an average max UV rating of 5.18, Sharon is well positioned to harness solar energy efficiently. Embracing solar panels in Sharon means taking advantage of abundant sunlight throughout the year.
Sharon’s Cloud Cover
On average, Sharon Tennessee experiences 40% cloud cover, which is lower than the national average of 44.46% and Tennessee’s average of 43.78%. With a substantial number of days featuring minimal cloud cover, solar panels in Sharon can consistently generate electricity. By tapping into the clear skies, you can reduce your reliance on traditional grid power.
Sharon Tennessee Electricity Costs
Residents of Sharon pay approximately $0.11/kw for electricity, aligning closely with Tennessee’s average but lower than the national average of $0.13/kw. By installing solar panels, you can lessen your dependency on grid power and stabilize your electricity expenses over time. With competitive electricity rates in Sharon, investing in solar energy offers a financially sound path towards sustainable living.
When could you expect to break even on a solar installation in Sharon Tennessee?
Considering the weather and electricity costs in Sharon 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:
- Sharon Tennessee receives slightly less rain than the national average, which is good for solar panel efficiency.
- The UV ratings in Sharon Tennessee are higher than the national average, making it an ideal location for solar power generation.
- Cloud cover in Sharon Tennessee is lower than the national average, with a good amount of clear days for solar panels to work effectively.
Now, let’s consider the electricity costs:
- Residents in Sharon Tennessee pay slightly less for electricity compared to the national average, which can help increase 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 and saving money on electricity bills.
- With lower electricity costs in Sharon Tennessee, the savings accumulate over time and help recoup the initial investment.
After analyzing the data, it appears that it would take around 4-6 years to cover the initial cost of the solar panels in Sharon Tennessee. This means that after 4-6 years, the savings on electricity bills will start to outweigh the initial investment. Plus, since solar panels have a lifespan of 25-30 years, the savings continue to accumulate for many years after breaking even. Investing in solar panels is a smart financial decision that also benefits the environment.
Investing in solar power in Sharon Tennessee
Installing solar panels in Sharon, Tennessee can be a wise financial choice for residents looking to save on electricity costs. With the favorable weather conditions in Sharon, including lower precipitation, higher UV ratings, and minimal cloud cover, solar panels can efficiently generate electricity throughout the year. Additionally, the competitive electricity rates in Sharon make it an ideal location to invest in solar energy. By analyzing the data, it is evident that residents can expect to break even on their solar installation within 4-6 years, with savings continuing to accumulate over the lifespan of the panels. This sustainable investment not only leads to cost savings but also contributes positively to the environment. Embracing solar power in Sharon, Tennessee is a win-win situation for both homeowners and the planet.