Overview
In Alexander, Iowa, installing solar panels on your home can lead to significant financial savings over time. By analyzing weather data and electricity costs, we can show you how switching to solar energy can help you break even on your investment within a reasonable timeframe. With favorable weather conditions and a solid return on investment, going solar in Alexander is a smart decision for both your wallet and the environment.
Alexander Iowa Weather Trends
Alexander Precipitation
In the last year, Alexander Iowa received 34.85 inches of precipitation, ranking it in the 18th percentile in the nation and the 34th percentile in Iowa. Compared to the national average of 50.61 inches and Iowa’s average of 36.9 inches, Alexander’s lower precipitation levels make it an ideal location for solar panel installation.
Alexander’s UV Rating
With an average UV rating of 3.96, Alexander Iowa falls in the 44th percentile in the nation and the 37th percentile in Iowa. While the national average for UV rating is 4.29 and Iowa’s is 4.06, Alexander’s favorable UV conditions indicate that solar panels can efficiently generate electricity, leading to potential energy savings over time.
Alexander’s Cloud Cover
Having an average of 42% cloud cover, Alexander Iowa ranks in the 40th percentile in the nation and the 46th percentile in Iowa. Compared to the national average of 44.46% and Iowa’s average of 42.8%, Alexander experiences relatively clear skies, providing ample sunlight for solar panels to produce electricity consistently.
Alexander Iowa Electricity Costs
Residents in Alexander Iowa pay about $0.13/kw for electricity, positioning the town in the 78th percentile in the nation and the 57th percentile in Iowa. With the national and state average also at $0.13/kw, adopting solar energy in Alexander can lead to significant cost savings on electricity bills in the long run.
When could you expect to break even on a solar installation in Alexander Iowa?
Considering the weather and electricity costs in Alexander Iowa, 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:
- Alexander Iowa receives less precipitation than the national average, making it a suitable location for solar panels.
- The UV ratings in Alexander Iowa are slightly below the national average, but still conducive to generating solar power.
- The cloud cover in Alexander Iowa is slightly lower than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Alexander Iowa pay the national average for electricity at $0.13/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 the average electricity cost in Alexander Iowa, the savings are substantial.
After analyzing the data, it indicates that it would take approximately 4-5 years to cover the initial cost of the solar panels. This means that after 4-5 years, the savings on electricity bills will start to accumulate and pay off the investment. Considering solar panels’ long lifespan, you will enjoy these savings for many years to follow. Investing in solar power is a smart financial decision that also benefits the environment.
Investing in solar power in Alexander Iowa
Overall, installing solar panels in Alexander, Iowa is a wise choice for both financial savings and environmental impact. With favorable weather conditions and electricity costs, residents can expect to break even on their investment within 4-5 years. Beyond that, substantial savings on electricity bills can be enjoyed for many years to come. By switching to solar energy, residents can not only benefit financially but also contribute to a cleaner, greener environment. So, consider going solar in Alexander and make a smart decision for your wallet and the planet.