Overview
Are you tired of paying high electricity bills every month? Installing solar panels on your home in Freeman, South Dakota can save you money in the long run. By analyzing weather data and electricity costs in the area, we can show you how much you can save with a solar system. With a breakdown of costs and an estimation of the payback period, this article will help you make an informed decision about going solar.
Freeman South Dakota Weather Trends
Freeman Precipitation
With Freeman receiving 35.38 inches of precipitation in the last year, residents can take advantage of this natural resource to power their solar panels. While Freeman may not receive as much rainfall as the national average of 50.61 inches, it still surpasses South Dakota’s average of 34.67 inches. This ample precipitation can help keep the solar panels clean and operating efficiently throughout the year.
Freeman’s UV Rating
Freeman’s average UV rating of 3.95 is favorable for generating solar power. Although it falls below the national average of 4.29, it is higher than South Dakota’s average of 3.96. With an average max UV rating of 4.26, Freeman residents can benefit from a decent amount of sunshine, which is essential for efficient solar energy production.
Freeman’s Cloud Cover
With an average of 42% cloud cover, Freeman’s skies allow for ample sunlight to reach solar panels for energy production. This percentage falls slightly below the national average of 44.46% and is slightly higher than South Dakota’s average of 40.74%. With a good number of days featuring low cloud cover, Freeman residents can rely on consistent solar energy generation throughout the year.
Freeman South Dakota Electricity Costs
Freeman residents pay about $0.11/kw for electricity, which is on par with the state average and below the national average of $0.13/kw. By installing solar panels, residents can significantly reduce their reliance on grid electricity and save money in the long run. Taking advantage of the abundant sunlight and lower electricity costs in Freeman can lead to substantial savings on monthly bills.
When could you expect to break even on a solar installation in Freeman South Dakota?
Considering the weather and electricity costs in Freeman, South Dakota, 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:
- Freeman gets less precipitation than the national average, making it ideal for solar panel efficiency.
- The UV ratings in Freeman are slightly lower than the national average, but still good for generating solar power.
- Cloud cover in Freeman is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Freeman 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, which means less need to buy from the grid.
- With Freeman’s lower electricity rates, the savings will still accumulate over time.
After analyzing the data, it looks like it would take around 8 years to cover the initial cost of the solar panels. This means that after 8 years, the money saved on electricity bills will start to outweigh the initial investment. Considering the long lifespan of solar panels, this investment proves to be a smart choice for saving money in the long run and reducing environmental impact.
Investing in solar power in Freeman South Dakota
Installing solar panels in Freeman, South Dakota can be a wise investment for residents looking to save money on electricity bills. With favorable weather conditions and slightly lower electricity costs compared to the national average, the payback period for a standard 10kW solar system is estimated to be around 8 years. This means that after 8 years, the savings on electricity bills will outweigh the initial cost of the solar panels. By going solar, residents can not only save money in the long run but also reduce their environmental impact. Making an informed decision about installing solar panels can lead to significant financial benefits for Freeman residents.