Overview
Are you a resident of Benham, Kentucky looking to save money on your electricity bills? Look no further! In this article, we will show you how installing solar panels on your home can help you break even on your investment in just a few years. By analyzing local weather data and electricity costs, we will demonstrate the financial benefits of switching to solar energy. Get ready to start saving money and reducing your carbon footprint with solar power!
Benham Kentucky Weather Trends
Benham Precipitation
In the last year, Benham Kentucky received 71.59 inches of precipitation. This high amount of rainfall puts Benham in the 91st percentile in the nation and the 98th percentile in Kentucky. Comparatively, the national average for total precipitation is 50.61 inches, and Kentucky’s average is 54.69 inches. With such abundant rainfall, harnessing solar energy can help you offset your electricity costs on those gloomy days.
Benham’s UV Rating
In the last year, Benham Kentucky had an average UV rating of 4.1. This places Benham in the 50th percentile in the nation and the 4th percentile in Kentucky. Comparing this to the national average of 4.29 and Kentucky’s average of 4.37, you can see that Benham enjoys a decent amount of sunlight. With an average max UV rating of 4.42, there is enough sunshine for solar panels to efficiently generate electricity throughout the year.
Benham’s Cloud Cover
With an average of 51% cloud cover in the last year, Benham Kentucky falls in the 76th percentile in the nation and the 98th percentile in Kentucky for cloudiness. In comparison, the national average for average cloud cover is 44.46%, and Kentucky’s average is 45.75%. Despite some cloudy days, Benham still has plenty of sunny days to make solar energy a viable option for reducing your utility bills and carbon footprint.
Benham Kentucky Electricity Costs
Benham Kentucky residents pay about $0/kw for electricity, making it the lowest percentile in the nation and the state. When compared to the national average of $0.13/kw and Kentucky’s average of $0.11/kw, Benham residents have the potential to see significant savings by switching to solar energy. By investing in solar panels, you can take control of your energy costs and contribute to a cleaner environment. Start saving money and reducing your reliance on traditional electricity sources today!
When could you expect to break even on a solar installation in Benham Kentucky?
Considering the weather and electricity costs in Benham, Kentucky, 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:
- Benham gets more rainfall than the national average, but there is still a good amount of sunlight for solar panels to work effectively.
- The UV ratings in Benham are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Benham is higher than the national average, varying throughout the year.
Now, let’s consider the electricity costs:
- Residents in Benham do not pay anything for electricity, whereas the national average for residential electricity is $0.13/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 need to purchase from the grid.
- With no electricity costs in Benham, the savings are significant.
After analyzing the data, it appears that the initial cost of the solar panels could be covered in less than a year. This means that after less than a year, the money saved on electricity bills will begin to accumulate and offset the investment. Considering the longevity of solar panels, the savings will continue for many years to come. Installing solar panels is a wise choice to save money and contribute to environmental conservation at the same time.
Investing in solar power in Benham Kentucky
Installing solar panels in Benham, Kentucky is a smart investment that can lead to significant savings on electricity bills. With abundant rainfall and a decent amount of sunlight, solar panels can efficiently generate electricity throughout the year. Despite some cloudy days, the potential savings from using solar energy, especially with no electricity costs in Benham, make it a financially wise decision. By breaking even on the initial investment in less than a year, residents can enjoy long-term savings and contribute to a cleaner environment. Make the switch to solar power today and start reaping the benefits!