Overview
Are you a Lewistown Ohio resident looking to save money on your electricity bills? Installing solar panels on your home could be a smart financial decision. By analyzing weather data and electricity costs specific to Lewistown, we can estimate how long it will take for you to break even on the cost of a solar system. Let’s explore the potential financial benefits of going solar in your area.
Lewistown Ohio Weather Trends
Lewistown Precipitation
With an average of 51.57 inches of precipitation in the last year, Lewistown Ohio is slightly above the national average of 50.61 inches. While the rainfall in Lewistown may be considered average compared to the rest of the country, it ranks slightly higher than the Ohio average of 51.17 inches. Considering the amount of rainfall your area receives, solar panels can still be a great investment to help offset your electricity costs.
Lewistown’s UV Rating
With an average UV rating of 3.79 in the last year, Lewistown Ohio falls below the national average of 4.29. However, it is in line with the Ohio average of 3.84. The slightly lower UV rating does not mean solar panels are not a viable option. Even with this rating, solar energy can still be harnessed effectively in Lewistown to reduce your reliance on traditional electricity sources and save you money in the long run.
Lewistown’s Cloud Cover
With an average of 51% cloud cover in the last year, Lewistown Ohio experiences more clouds than the national average of 44.46%. However, it is lower than the Ohio average of 51.13%. Despite the slightly higher cloud cover percentage, solar panels can still be a practical choice in Lewistown. There are still plenty of sunny days throughout the year to generate significant savings on your electricity bill.
Lewistown Ohio Electricity Costs
Residents in Lewistown Ohio pay about $0.1/kw for electricity, which is significantly lower than the national average of $0.13/kw. Compared to the Ohio average of $0.12/kw, Lewistown residents have one of the lowest residential electricity costs in the state. With such affordable rates, investing in solar panels for your home can lead to substantial long-term savings and even potential earnings through net metering.
When could you expect to break even on a solar installation in Lewistown Ohio?
Considering the weather and electricity costs in Lewistown Ohio, 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:
- Lewistown Ohio receives slightly more rain than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Lewistown Ohio are lower than the national average, but they are still sufficient for generating solar power.
- Cloud cover in Lewistown Ohio is slightly above the national average, with variability throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lewistown Ohio pay less for electricity compared to the national average, at $0.1/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 lower electricity costs in Lewistown Ohio, the savings might take longer to cover the initial investment compared to areas with higher electricity rates.
After running the numbers, it’s estimated that it could take around 8-10 years to recover the initial cost of the solar panels. This means that after this period, the savings on electricity bills will begin to accumulate and pay off the investment. Additionally, solar panels have a long lifespan, so the savings will continue for many years beyond the break-even point. Investing in solar panels is a smart way to save money and contribute to a cleaner environment in the long run!
Investing in solar power in Lewistown Ohio
After analyzing the weather data and electricity costs specific to Lewistown Ohio, it is clear that installing solar panels on your home could lead to substantial long-term savings. Despite slightly higher precipitation levels and cloud cover, Lewistown still receives enough sunlight for solar panels to be effective. With electricity costs below the national average, residents stand to benefit financially by investing in solar energy. It is estimated that it could take around 8-10 years to recover the initial cost of the solar panels, after which the savings on electricity bills will begin to accumulate. This investment in solar power not only saves you money but also allows you to contribute to a cleaner environment in the long run. Consider going solar in Lewistown Ohio for a brighter and more sustainable future!