Overview
Interested in saving money on your electricity bill and reducing your carbon footprint? With the abundance of sunny days in Deerfield Ohio, installing solar panels on your home could be a smart investment. By analyzing weather data and electricity costs specific to Deerfield Ohio, we will show you how much you could save by switching to solar energy. Let’s break down the costs of a solar system and estimate how long it will take for you to start seeing a return on your investment.
Deerfield Ohio Weather Trends
Deerfield Precipitation
With Deerfield Ohio receiving 55.24 inches of precipitation in the last year, it’s clear that the area sees a fair amount of rain. However, this amount only puts Deerfield in the 60th percentile nationwide and the 79th percentile in Ohio. Comparatively, the national average for total precipitation is 50.61 inches, while Ohio’s average is 51.17 inches. Despite the precipitation levels in Deerfield, the sunny days still make it a great candidate for solar energy.
Deerfield’s UV Rating
Deerfield Ohio had an average UV rating of 3.61 in the last year, which places it in the 24th percentile nationwide and the 12th percentile in Ohio. The national average for average UV rating is 4.29, slightly higher than Deerfield’s rating. However, with an average max UV rating of 3.93, Deerfield is in the 30th percentile nationally and the 29th percentile in Ohio. Although the UV ratings may not be the highest, they are still sufficient for generating solar power.
Deerfield’s Cloud Cover
Deerfield Ohio had an average of 54% cloud cover in the last year, placing it in the 87th percentile nationally and the 89th percentile in Ohio. Comparatively, the national average for average cloud cover is 44.46%, while Ohio’s average is 51.13%. Despite the higher cloud cover in Deerfield, there are still plenty of sunny days to harness solar energy efficiently. With 72 days of low cloud cover and plenty of moderate sunshine days, solar panels can still be a valuable investment.
Deerfield Ohio Electricity Costs
Residents of Deerfield pay about $0.12/kw for electricity, placing them in the 45th percentile nationally and the 13th percentile in Ohio. The national average for residential electricity is $0.13/kw, slightly higher than Deerfield’s rate. Ohio’s average for residential electricity is also $0.12/kw, showing that Deerfield residents have relatively low electricity costs compared to the rest of the country. By installing solar panels, residents can take advantage of the sunny days in Deerfield to offset their electricity expenses and save money in the long run.
When could you expect to break even on a solar installation in Deerfield Ohio?
Considering the weather and electricity costs in Deerfield 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:
- Deerfield Ohio receives slightly more precipitation than the national average, but it still has enough sun for solar panels to work effectively.
- The UV ratings in Deerfield Ohio are a bit lower than the national average, but they are sufficient for generating solar power.
- Cloud cover in Deerfield Ohio is slightly higher than the national average with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Deerfield Ohio 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 Deerfield Ohio’s lower electricity rates, the savings are still significant.
After crunching the numbers, it looks like it would take around 4-6 years to cover the initial cost of the solar panels. This means that after 4-6 years, the money saved on electricity bills will start to accumulate, and the investment will pay off. Additionally, solar panels have a long lifespan, so beyond that initial period, you’ll continue to enjoy savings for many years. It’s a wise investment for both your finances and the environment!
Investing in solar power in Deerfield Ohio
Installing solar panels in Deerfield Ohio can be a smart investment, both financially and environmentally. Despite slightly higher precipitation levels and lower UV ratings compared to national averages, the sunny days and moderate cloud cover make it a great location for solar energy. With electricity costs lower than the national average, residents can expect to break even on their solar panel investment within 4-6 years. Beyond that, the savings on electricity bills will continue to accumulate, making solar panels a wise long-term investment in Deerfield Ohio.