Overview
In Tyler, Minnesota, installing solar panels on your home can save you a significant amount of money in the long run. With the average cost of electricity and the amount of sunlight the area receives, investing in a solar system can help you break even in a reasonable amount of time. By analyzing weather data and electricity costs over a year, we will show you just how much you could save by going solar in Tyler.
Tyler Minnesota Weather Trends
Tyler Precipitation
With 43.12 inches of precipitation in the last year, Tyler Minnesota falls in the 94th percentile in the state and the 34th percentile in the nation. Comparing this to the national average of 50.61 inches and Minnesota’s average of 37.31 inches, Tyler’s precipitation levels make it a promising location for solar energy.
Tyler’s UV Rating
Having an average UV rating of 3.81 places Tyler in the 89th percentile in Minnesota and the 36th percentile in the nation. Tyler’s average max UV rating of 4.04 puts it in the 82nd percentile in Minnesota and the 33rd percentile in the nation. Compared to the national average of 4.29 for average UV rating and 4.61 for max UV rating, Tyler’s UV levels make it conducive to harnessing solar power efficiently.
Tyler’s Cloud Cover
With an average of 43% cloud cover, Tyler is in the 6th percentile in Minnesota and the 42nd percentile in the nation. Looking at the national average of 44.46% and Minnesota’s average of 48.96%, Tyler’s lower cloud cover percentage positions it as an ideal location for solar panel installations. Additionally, the distribution of cloud cover throughout the year offers ample opportunities for solar energy production.
Tyler Minnesota Electricity Costs
At $0.13/kw for electricity, Tyler is in the 42nd percentile in Minnesota and the 66th percentile in the nation. Matching the national average of residential electricity costs, Tyler’s rates make it a cost-effective choice for transitioning to solar power. Considering the financial benefits, investing in solar panels can lead to substantial savings in the long term.
When could you expect to break even on a solar installation in Tyler Minnesota?
Considering the weather and electricity costs in Tyler, Minnesota, 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:
- Tyler, Minnesota receives slightly less precipitation than the national average, making it a good place for solar panels.
- The UV ratings in Tyler, Minnesota are a bit lower than the national average, but still sufficient for solar power generation.
- Cloud cover in Tyler, Minnesota is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Tyler, Minnesota pay the national average for electricity.
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 to buy from the grid.
- Since electricity costs are average in Tyler, Minnesota, the savings will be modest compared to other locations.
After running the numbers, it appears that it would take around 10-12 years to cover the initial cost of the solar panels in Tyler, Minnesota. This means that after 10-12 years, the money saved on electricity bills will begin to accumulate and pay off the investment. And with solar panels lasting for decades, the savings will continue for many years beyond that initial period. Investing in solar power is not only a smart financial decision but also contributes to a more sustainable future.
Investing in solar power in Tyler Minnesota
Installing solar panels in Tyler, Minnesota can lead to significant long-term savings on electricity costs. With favorable weather conditions and average electricity rates, residents can expect to break even on their investment in solar panels within 10-12 years. This initial cost can then translate into years of accumulated savings and a more sustainable future. Transitioning to solar power in Tyler is not only economically wise but also environmentally beneficial.