Overview
Are you a Marshall, Minnesota resident looking to save money on your electricity bills? Installing solar panels on your home could be a great financial investment for you. By analyzing weather data specific to Marshall, including average precipitation, UV ratings, and cloud cover, we can estimate the potential savings of a solar system over time. With the cost breakdown and payback period calculation provided in this article, you will see how quickly you can start reaping the benefits of going solar in Marshall, Minnesota.
Marshall Minnesota Weather Trends
Marshall Precipitation
With 41.83 inches of precipitation in the last year, Marshall, Minnesota is below the national average of 50.61 inches. Compared to the rest of the state, however, Marshall falls in the 91st percentile, indicating a moderate amount of rainfall. By harnessing the power of the sun with solar panels, you can take advantage of this precipitation to generate clean energy for your home.
Marshall’s UV Rating
Marshall, Minnesota had an average UV rating of 3.82 in the last year, slightly below the national average of 4.29. Despite this, Marshall ranks in the 91st percentile in the state, highlighting the potential for solar energy production. By investing in solar panels, you can capitalize on the sunlight available in Marshall to significantly reduce your electricity bills and environmental impact.
Marshall’s Cloud Cover
With an average of 42% cloud cover in the last year, Marshall, Minnesota experiences less cloudiness compared to the national average of 44.46%. Despite this, Marshall ranks only in the 4th percentile in the state, indicating relatively clear skies. This means that solar panels in Marshall have a higher chance of receiving uninterrupted sunlight, maximizing energy production for your home.
Marshall Minnesota Electricity Costs
Marshall residents pay about $0.11/kw for electricity, which is lower than both the national average of $0.13/kw and Minnesota’s average of $0.13/kw. By switching to solar power, you can further decrease your electricity costs and potentially even generate excess energy to sell back to the grid, ultimately saving money and contributing to a greener environment.
When could you expect to break even on a solar installation in Marshall Minnesota?
Considering the weather and electricity costs in Marshall, 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:
- Marshall gets slightly less rain than the national average, with plenty of sunshine for solar panels to be effective.
- The UV ratings in Marshall are slightly lower than the national average, but still good for generating solar power.
- Cloud cover in Marshall is slightly below the national average, with some variability throughout the year.
Now, let’s consider the electricity costs:
- Residents in Marshall 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 needed from the grid.
- With Marshall’s slightly lower electricity rates, the savings are still substantial.
After analyzing the data, it looks like it would take around 7 years to cover the initial cost of the solar panels. This means that after 7 years, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels last for up to 30 years, you’ll continue to enjoy savings well beyond the break-even point. Investing in solar panels is a wise choice for both saving money and contributing to a cleaner environment.
Investing in solar power in Marshall Minnesota
Installing solar panels in Marshall, Minnesota can be a wise financial decision for residents looking to save money on electricity bills. With the city’s moderate precipitation, high UV ratings, and relatively low cloud cover, solar panels have the potential to generate clean energy efficiently. By taking into account the lower electricity costs in Marshall, investing in solar power can lead to substantial long-term savings. Based on the analysis provided in this article, it is estimated that residents could break even on a standard solar system within approximately 7 years, ultimately reaping the benefits of both financial savings and environmental conservation.