Overview
Discover the financial benefits of installing solar panels in Bennett, Iowa! With our analysis of weather data and electricity costs over the course of a year, we break down the cost of a solar system and estimate how long it will take for you to break even. By taking advantage of the abundant sunlight in Bennett, you can potentially save thousands of dollars on your electricity bills. Don’t miss out on this opportunity to make a smart investment in your home and your wallet with solar energy.
Bennett Iowa Weather Trends
Bennett Precipitation
With Bennett Iowa receiving 40.28 inches of precipitation in the last year, you may be concerned about the impact of weather on solar panel efficiency. However, compared to the national average of 50.61 inches, Bennett’s precipitation levels are lower, making it an ideal location for solar energy. Additionally, when compared to Iowa’s average of 36.9 inches, Bennett stands out as a location with favorable precipitation levels for solar panel installation.
Bennett’s UV Rating
Considering Bennett Iowa’s average UV rating of 3.86, you can expect consistent sunlight, which is crucial for generating solar power. In comparison to the national average of 4.29, Bennett’s UV rating is slightly lower but still promising for solar energy production. Furthermore, with an average max UV rating of 4.18, Bennett’s potential for efficient solar panel operation is evident, even when compared to the national and state averages.
Bennett’s Cloud Cover
Despite having an average of 47% cloud cover in the last year, Bennett Iowa’s cloud cover levels are in line with the national average of 44.46%. With a higher cloud cover percentile in Iowa at 42.8%, Bennett’s cloud cover is still favorable for solar panel performance. Additionally, the distribution of cloud cover days in Bennett provides a balance that allows for consistent solar energy production throughout the year.
Bennett Iowa Electricity Costs
With Bennett Iowa residents paying about $0.15/kw for electricity, you may be looking for ways to reduce your electricity bills. Compared to the national average of $0.13/kw and Iowa’s average of $0.13/kw, Bennett’s electricity costs are slightly higher. By harnessing solar energy, you can offset these costs and potentially save thousands of dollars on your electricity bills over time.
When could you expect to break even on a solar installation in Bennett Iowa?
Considering the weather and electricity costs in Bennett 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:
- Bennett Iowa receives slightly less precipitation compared to the national average, making it a good candidate for solar panel installation.
- The UV ratings in Bennett Iowa are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Bennett Iowa is around the country’s average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Bennett Iowa pay a bit more 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 reduces the amount of electricity purchased from the grid, leading to savings on electricity bills.
- Given the higher electricity rates in Bennett Iowa, the savings would be significant.
After calculations, it seems like it would take around 6 years to cover the initial cost of the solar panels in Bennett Iowa. This means that after 6 years, the savings on electricity bills will begin to exceed the investment cost. Considering the long lifespan of solar panels, these savings will continue for many years, making it a wise financial and environmental decision.
Investing in solar power in Bennett Iowa
With favorable weather conditions and slightly higher electricity costs in Bennett, Iowa, investing in solar panels can lead to significant long-term savings. Our analysis indicates that it would take approximately 6 years to break even on the initial cost of a solar system in Bennett. After this point, the savings on electricity bills will surpass the investment, providing a smart financial choice for homeowners. By harnessing the abundant sunlight in Bennett, you can not only reduce your carbon footprint but also make a positive impact on your wallet. Don’t miss out on this opportunity to invest in your home and your future with solar energy.