Overview
If you are looking to save money on your electricity bills and make an environmentally friendly choice, installing solar panels on your home in Hattiesburg Mississippi may be the answer. By analyzing weather data and electricity costs specific to the area, we will show you how much you could potentially save by going solar. With the cost of solar systems decreasing and the amount of sunlight Hattiesburg receives annually, you could see a return on your investment in a relatively short amount of time.
Hattiesburg Mississippi Weather Trends
Hattiesburg Precipitation
With 64.23 inches of precipitation in the last year, Hattiesburg Mississippi is in the 79th percentile in the nation and the 76th percentile in Mississippi. Compared to the national average of 50.61 inches and Mississippi’s average of 60.13 inches, Hattiesburg’s abundance of rain makes it an ideal location for solar panel installation.
Hattiesburg’s UV Rating
Having an average UV rating of 5.57 in the last year, Hattiesburg Mississippi ranks in the 90th percentile in the nation and the 85th percentile in Mississippi. In comparison, the national average for average UV rating is 4.29 and Mississippi’s average is 5.31. A higher UV rating means more sunlight, making Hattiesburg a prime spot for solar energy generation.
Hattiesburg’s Cloud Cover
With an average of 42% cloud cover in the last year, Hattiesburg Mississippi falls in the 41st percentile in the nation and the 77th percentile in Mississippi. Compared to the national average of 44.46% and Mississippi’s average of 41.29%, Hattiesburg’s relatively clear skies provide ample opportunity for solar panels to harness sunlight effectively, maximizing energy production.
Hattiesburg Mississippi Electricity Costs
Residents in Hattiesburg pay about $0.12/kw for electricity, placing the city in the 62nd percentile nationwide and the 88th percentile in Mississippi. In contrast, the national average for residential electricity is $0.13/kw while Mississippi’s average is $0.11/kw. With relatively affordable electricity rates, investing in solar panels can lead to significant long-term savings on your energy bills.
When could you expect to break even on a solar installation in Hattiesburg Mississippi?
Considering the weather and electricity costs in Hattiesburg, 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:
- Hattiesburg receives more precipitation compared to the national average, but it also has good UV ratings for solar power generation.
- The UV ratings in Hattiesburg are higher than the national average, making it a suitable location for solar panels.
- Cloud cover in Hattiesburg is slightly lower than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Hattiesburg pay slightly less for electricity compared to the national average, at $0.12/kw.
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 Hattiesburg’s electricity rates, the savings can add up over time.
After evaluating the numbers, it looks like it would take approximately 8 years to cover the initial cost of the solar panels in Hattiesburg, Mississippi. This means that after 8 years, the money saved on electricity bills will begin to compensate for the investment. Additionally, since solar panels have a long lifespan, you will continue to benefit from those savings for many more years. Investing in solar power is not only a smart financial decision but also a step towards a more sustainable future.
Investing in solar power in Hattiesburg Mississippi
After evaluating the weather trends and electricity costs in Hattiesburg, Mississippi, it is clear that installing solar panels can result in significant savings on your energy bills. With the city’s high precipitation, good UV ratings, and relatively low cloud cover, solar panels can efficiently generate electricity. In addition, the affordable electricity rates in Hattiesburg make investing in solar power a smart financial decision. Based on the data, it is estimated that you could break even on your solar panel investment in approximately 8 years. This means that after this period, the money saved on electricity bills will start to offset the initial cost, providing long-term financial benefits. Not only will you save money, but you will also contribute to a more sustainable future by using clean, renewable energy. Consider installing solar panels in Hattiesburg to enjoy both economic and environmental advantages.