Overview
Are you a resident of Borden, Indiana 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 365 days of weather data specific to Borden, we can show you how much you can save each month on your electricity bill. Not only will you be saving money, but you’ll also be contributing to a cleaner, more sustainable environment. Let’s break down the costs of a solar system and estimate how long it will take for you to start seeing the financial benefits of going solar.
Borden Indiana Weather Trends
Borden Precipitation
With Borden, Indiana receiving 51.06 inches of precipitation in the last year, it falls in the 74th percentile in Indiana and the 50th percentile in the nation. Compared to the national average of 50.61 inches, and Indiana’s average of 50.24 inches, Borden sees a slightly higher amount of rainfall. Embracing solar panels in a region with ample rainfall can help maximize energy production even on cloudy days.
Borden’s UV Rating
On average, Borden, Indiana has a UV rating of 4.36, which places it in the 84th percentile in Indiana and the 60th percentile in the nation. When comparing this to the national average of 4.29 and Indiana’s average of 4.23, Borden enjoys above-average sun exposure. With an average max UV rating of 4.71, Borden is in a great position for harnessing solar energy efficiently.
Borden’s Cloud Cover
Over the last year, Borden, Indiana had an average cloud cover of 47%, placing it in the 43rd percentile in Indiana and the 61st percentile in the nation. While the state of Indiana sees slightly higher cloud cover than the national average, Borden experiences a good balance of clear and cloudy days. Having a variety of cloud cover conditions can diversify energy generation through solar panels.
Borden Indiana Electricity Costs
Residents of Borden, Indiana pay around $0.12 per kilowatt-hour for electricity, ranking in the 22nd percentile in Indiana and the 60th percentile nationwide. Comparing this to the national average of $0.13/kw, Borden enjoys slightly lower electricity costs. By investing in solar panels, homeowners can take advantage of these lower electricity rates and potentially see significant savings on their monthly bills.
When could you expect to break even on a solar installation in Borden Indiana?
Considering the weather and electricity costs in Borden Indiana, 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:
- Borden Indiana receives slightly more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Borden Indiana are slightly above the national average, making it a good location for generating solar power.
- Cloud cover in Borden Indiana is about average for the country, with some fluctuations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Borden Indiana pay about $0.12/kw for electricity, slightly lower than 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 solar system generates electricity, reducing the amount needed to be purchased from the grid.
- With Borden Indiana’s electricity costs, the savings are significant.
After analyzing the numbers, it seems like it would take approximately 5 years to cover the initial cost of the solar panels. This means that after 5 years, the savings on electricity bills will start to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, you will continue to save on electricity costs for many years to come. Investing in solar panels is a smart financial decision that also contributes to a more sustainable environment.
Investing in solar power in Borden Indiana
Installing solar panels in Borden, Indiana can lead to significant savings on your electricity bill while also helping the environment. By taking advantage of the region’s slightly higher precipitation levels, above-average UV ratings, and balanced cloud cover, solar panels can efficiently generate energy year-round. With electricity costs in Borden being slightly lower than the national average, investing in a solar system can lead to financial benefits in as little as 5 years. Not only will you see immediate savings, but you will also continue to enjoy reduced electricity costs for the long lifespan of the solar panels. Making the switch to solar power is a wise choice for your wallet and the planet.