Overview
Living in Myrtle Mississippi means enjoying plenty of sunshine throughout the year, which makes it the perfect place to consider installing solar panels on your home. By harnessing the power of the sun, you can significantly reduce your electricity costs and lower your carbon footprint. In this article, we will break down the costs of a solar system and estimate how long it will take for you to start seeing financial benefits. With the financial advantages that solar energy offers, making the switch to solar panels is a smart investment in your home and the environment.
Myrtle Mississippi Weather Trends
Myrtle Precipitation
With Myrtle Mississippi receiving 54.01 inches of precipitation in the last year, it’s important to note that this puts the area in the 56th percentile in the nation and the 15th percentile in Mississippi. Compared to the national average of 50.61 inches and Mississippi’s average of 60.13 inches, Myrtle experiences a moderate amount of precipitation, making it a conducive environment for solar panel installation.
Myrtle’s UV Rating
Myrtle Mississippi boasts an average UV rating of 5.02, positioning it in the 78th percentile in the nation and the 9th percentile in Mississippi. When comparing this to the national average of 4.29 and Mississippi’s average of 5.31, it’s clear that Myrtle enjoys high levels of UV radiation. This abundance of sunlight makes it an ideal location for harnessing solar energy.
Myrtle’s Cloud Cover
Despite having an average cloud cover of 42% in the last year, placing Myrtle in the 41st percentile in the nation and the 82nd percentile in Mississippi, the area still experiences a significant amount of sunny days. With multiple days of clear skies, ranging from 0% to 25% cloud cover, Myrtle provides ample opportunity for solar panels to generate electricity efficiently.
Myrtle Mississippi Electricity Costs
Residents of Myrtle pay around $0.11/kw for electricity, placing the town in the 37th percentile in the nation and the 44th percentile in Mississippi. Compared to the national average of $0.13/kw and Mississippi’s average of $0.11/kw, Myrtle offers competitive electricity rates. By installing solar panels, residents can further lower their electricity costs and reduce their reliance on traditional energy sources.
When could you expect to break even on a solar installation in Myrtle Mississippi?
Considering the weather and electricity costs in Myrtle Mississippi, 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:
- Myrtle Mississippi receives more precipitation than the national average, but it still gets enough sunlight for solar panels to be effective.
- The UV ratings in Myrtle Mississippi are higher than the national average, which is great for generating solar power.
- Cloud cover in Myrtle Mississippi is slightly lower than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Myrtle Mississippi 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 needed from the grid.
- With Myrtle Mississippi’s lower electricity rates, the savings are still significant.
After crunching the numbers, it looks like it would take around 7 years to cover the initial cost of the solar panels. This means that after 7 years, the money saved on electricity bills will start making up for the investment. Considering that solar panels last for many years, you’ll be enjoying those savings for a long time after that initial period. It’s a wise investment that not only saves money but also contributes to a greener future.
Investing in solar power in Myrtle Mississippi
Living in Myrtle Mississippi offers the perfect environment for installing solar panels on your home. With abundant sunshine, lower than average precipitation, and competitive electricity rates, residents can expect to start seeing financial benefits from solar panels in approximately 7 years. Making the switch to solar energy is not only a smart investment in your home but also a step towards a more sustainable and eco-friendly future. By harnessing the power of the sun, residents can significantly reduce their electricity costs and lower their carbon footprint for years to come.