Overview
Are you a Barbourville, Kentucky resident looking to save money on your electricity bill? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data specific to Barbourville, we can show you how much you can save on your electricity costs by harnessing the power of the sun. With a breakdown of the cost of a solar system and an estimate of how long it will take to break even, you’ll see just how financially beneficial going solar can be for you.
Barbourville Kentucky Weather Trends
Barbourville Precipitation
Barbourville Kentucky received 63.39 inches of precipitation last year, ranking in the 77th percentile nationwide and the 91st percentile in Kentucky. Compared to the national average of 50.61 inches and Kentucky’s average of 54.69 inches, Barbourville experiences a significant amount of rainfall, making it an ideal location for solar panels.
Barbourville’s UV Rating
In the last year, Barbourville Kentucky had an average UV rating of 4.36, placing it in the 60th percentile nationwide and in Kentucky. With the national average at 4.29 and Kentucky’s average at 4.37, Barbourville enjoys plenty of sunlight exposure, perfect for generating solar energy. Additionally, Barbourville’s average max UV rating of 4.76 further highlights the area’s solar potential.
Barbourville’s Cloud Cover
Barbourville Kentucky had an average cloud cover of 49% last year, ranking in the 69th percentile nationwide and the 92nd percentile in Kentucky. Compared to the national average of 44.46% and Kentucky’s average of 45.75%, Barbourville experiences less cloud cover, providing ample sunshine for efficient solar panel operation throughout the year.
Barbourville Kentucky Electricity Costs
Barbourville residents pay about $0.11/kw for electricity, placing the area in the 23rd percentile nationally and the 50th percentile in Kentucky. With the national average at $0.13/kw and Kentucky’s average at $0.11/kw, Barbourville offers a cost-effective electricity rate, making the installation of solar panels a wise investment for long-term savings on energy bills.
When could you expect to break even on a solar installation in Barbourville Kentucky?
Considering the weather and electricity costs in Barbourville, 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:
- Barbourville gets more rain than the national average, but it still has good sunlight for solar panels.
- The UV ratings in Barbourville are slightly higher than the national average, making it a good location for generating solar power.
- Cloud cover in Barbourville is slightly above the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Barbourville 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 Barbourville’s lower electricity rates, the savings are still significant.
After crunching the numbers, it looks like it would take around 8-10 years to cover the initial cost of the solar panels. This means that after 8-10 years, the money saved on electricity bills will start to offset the investment. Since solar panels last for a long time, you’ll continue to enjoy those savings for many years to come. It’s a wise investment that helps you save money and contributes to a greener environment!
Investing in solar power in Barbourville Kentucky
Considering the weather data specific to Barbourville, Kentucky, as well as the local electricity costs, it is evident that installing solar panels can lead to significant savings on electricity bills over time. By harnessing the sun’s power in a location with ample sunlight exposure and cost-effective electricity rates, residents can expect to break even on their investment in solar panels within 8-10 years. This means that not only will homeowners start saving money on their electricity bills, but they will also contribute to a cleaner, greener environment. Going solar in Barbourville is a financially beneficial and environmentally friendly choice worth considering.