Overview
In sunny Fertile, Minnesota, installing solar panels on your home can be a smart financial decision. By analyzing weather data and electricity costs specific to this area, we can estimate how quickly a solar system will pay for itself. With ample sunlight throughout the year and rising electricity prices, investing in solar power can help you save money in the long run. Let’s break down the cost of a solar system and show you just how quickly you can start seeing a return on your investment.
Fertile Minnesota Weather Trends
Fertile Precipitation
With Fertile, Minnesota receiving only 27.83 inches of precipitation in the last year, it is in the 10th percentile in the nation and the 3rd percentile in Minnesota. This means that compared to the national average of 50.61 inches and Minnesota’s average of 37.31 inches, Fertile has a drier climate that is ideal for solar energy production.
Fertile’s UV Rating
Fertile Minnesota had an average UV rating of 3.39 in the last year, ranking it in the 14th percentile in the nation and the 29th percentile in Minnesota. The national average UV rating is 4.29, while Minnesota’s average is 3.6. With an average max UV rating of 3.54, Fertile is in the 19th percentile in the nation and the 34th percentile in Minnesota. The higher UV rating makes Fertile a great location for harnessing solar energy.
Fertile’s Cloud Cover
Over the last year, Fertile Minnesota had an average of 52% cloud cover, placing it in the 79th percentile in the nation and the 70th percentile in Minnesota. Comparatively, the national average for cloud cover is 44.46%, and Minnesota’s average is 48.96%. With a lower cloud cover percentage, Fertile receives more sunlight, making it a prime location for solar panel installation.
Fertile Minnesota Electricity Costs
Residents in Fertile Minnesota pay around $0.12/kw for electricity, ranking the town in the 48th percentile in the nation and the 16th percentile in Minnesota. The national and Minnesota average for residential electricity costs is $0.13/kw. By investing in solar panels, Fertile residents can take advantage of the lower electricity costs and ultimately save money on their utility bills.
When could you expect to break even on a solar installation in Fertile Minnesota?
Considering the weather and electricity costs in Fertile, 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:
- Fertile, Minnesota gets less rain than the national average, providing good conditions for solar panels.
- The UV ratings in Fertile, Minnesota are slightly lower than the national average, but still sufficient for generating solar power.
- Cloud cover in Fertile, Minnesota is slightly higher than the national average, but with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Fertile, Minnesota pay a bit 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 need to buy from the grid.
- Given the slightly lower electricity rates in Fertile, Minnesota, the savings are still significant.
After analyzing the costs, it appears that it would take approximately 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will start to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, you’ll continue to enjoy these savings for many years to come. Investing in solar power is a wise way to save money and contribute to a greener environment!
Investing in solar power in Fertile Minnesota
Investing in solar panels in Fertile, Minnesota can be a smart financial decision with the abundant sunlight and lower electricity costs in the area. By analyzing the weather data and electricity costs specific to Fertile, we can estimate that it would take approximately 5 years to break even on the investment in solar panels. After this initial period, the savings on electricity bills will start adding up, making it a wise long-term investment. Not only will you save money, but you’ll also be contributing to a greener environment by harnessing solar power. So, consider installing solar panels on your home in Fertile, Minnesota, and start saving money while reducing your environmental impact!