Overview
The idea of installing solar panels on your home in Lisbon, Ohio may seem daunting at first, but the financial benefits far outweigh the initial investment. Using data collected over 365 days, we can see that Lisbon experiences a decent amount of sunlight and low cloud cover, making it an ideal location for a solar system. By breaking down the cost of a solar system and estimating how long it will take to break even, we can show you how investing in solar panels can save you money in the long run on your electricity bill.
Lisbon Ohio Weather Trends
Lisbon Precipitation
With Lisbon Ohio receiving 55.45 inches of precipitation in the last year, it is in the 60th percentile in the nation and the 79th percentile in Ohio. Comparing this to the national average of 50.61 inches and Ohio’s average of 51.17 inches, it is evident that Lisbon gets a decent amount of rainfall. However, this should not discourage you from considering solar panels as they can still be highly effective even in rainy conditions.
Lisbon’s UV Rating
Lisbon Ohio had an average UV rating of 3.7 in the last year, placing it in the 30th percentile in the nation and the 32nd percentile in Ohio. Although this may seem lower than average, solar panels can still harness sunlight effectively even with lower UV ratings. Additionally, with an average max UV rating of 4.04, Lisbon is in a good position to benefit from solar energy during sunny days.
Lisbon’s Cloud Cover
On average, Lisbon Ohio experienced 54% cloud cover in the last year, placing it in the 86th percentile in the nation and the 86th percentile in Ohio. While this may suggest that there are many cloudy days, it is important to note that solar panels can still generate electricity on overcast days. With a varied distribution of cloud cover throughout the year, solar panels can still be a viable option for residents of Lisbon.
Lisbon Ohio Electricity Costs
Residents in Lisbon Ohio pay around $0.12/kw for electricity, which is in the 55th percentile in the nation and the 28th percentile in Ohio. Compared to the national average of $0.13/kw and Ohio’s average of $0.12/kw, Lisbon residents are already paying a reasonable rate for electricity. By installing solar panels, you can significantly reduce or eliminate your reliance on traditional electricity sources, ultimately saving you money on your electricity bill in the long run.
When could you expect to break even on a solar installation in Lisbon Ohio?
Considering the weather and electricity costs in Lisbon 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:
- Lisbon Ohio received slightly more precipitation than the national average, but it still gets enough sunlight for solar panels to be effective.
- The UV ratings are a bit lower than the national average, but still suitable for generating solar power.
- Cloud cover in Lisbon Ohio is higher than the national average, with some days having more sun than others.
Now, let’s consider the electricity costs:
- Residents in Lisbon 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 bought from the grid.
- With slightly lower electricity rates in Lisbon Ohio, the savings are still significant.
After calculating, it seems like it would take around 6 years to cover the initial cost of the solar panels. This means, after 6 years, the money saved on electricity bills will start to accumulate and pay off the investment. And don’t forget, solar panels have a long lifespan, so after that initial period, you’ll enjoy those savings for many more years. It’s a wise way to save money and contribute to a greener environment!
Investing in solar power in Lisbon Ohio
Installing solar panels in Lisbon, Ohio is a smart investment that can save you money in the long run on your electricity bill. Despite the slightly higher precipitation, lower UV ratings, and higher cloud cover compared to national averages, solar panels can still be highly effective in Lisbon. With electricity costs in Lisbon being reasonable, the initial investment in a solar system can be recouped in around 6 years. After that, you’ll continue to enjoy savings for many more years while also contributing to a greener environment. So, if you’re considering solar panels for your home in Lisbon, Ohio, the financial benefits certainly outweigh the initial cost.