Overview
In Fairburn, South Dakota, installing solar panels on your home can lead to significant savings on your electricity bills. By analyzing weather data and electricity costs, we have determined the financial benefits of switching to solar power in this area. With a breakdown of solar system costs and an estimate of the time it takes to break even, this article will show you how investing in solar energy can pay off in the long run for Fairburn residents.
Fairburn South Dakota Weather Trends
Fairburn Precipitation
With an annual precipitation of 36.45 inches, Fairburn is drier than most places in the country but wetter than the average South Dakota location. By harnessing solar energy, residents can take advantage of the sunny days and reduce their reliance on traditional electricity sources.
Fairburn’s UV Rating
Having an average UV rating of 3.85, Fairburn enjoys moderate sun exposure compared to the rest of the nation and South Dakota. With a moderate maximum UV rating of 4.23, residents have the perfect conditions for solar panel efficiency. Investing in solar energy can help Fairburn residents tap into this valuable resource.
Fairburn’s Cloud Cover
With an average cloud cover of 34%, Fairburn experiences fewer cloudy days compared to most of the nation and South Dakota. Having over 177 days with minimal cloud cover, residents have ample opportunities to generate solar power. By installing solar panels, Fairburn homeowners can make the most of these clear skies and reduce their carbon footprint.
Fairburn South Dakota Electricity Costs
At $0.14/kw, Fairburn residents pay more for electricity compared to the national and South Dakota averages. By making the switch to solar energy, homeowners can lock in lower energy costs and protect themselves from potential future rate hikes. Investing in solar panels now can lead to significant savings in the long run.
When could you expect to break even on a solar installation in Fairburn South Dakota?
Considering the weather and electricity costs in Fairburn 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:
- Fairburn South Dakota receives less precipitation compared to the national average, making it suitable for solar panels.
- The UV ratings are slightly lower than the national average, but they’re still good for generating solar power.
- Cloud cover in Fairburn South Dakota is lower than the national average, with some variance throughout the year.
Now, let’s consider the electricity costs:
- Residents in Fairburn South Dakota pay slightly 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 generates electricity, reducing the need to buy electricity from the grid.
- Considering the slightly higher electricity rates in Fairburn South Dakota, the savings from solar power are significant.
After analyzing the data, it seems like it would take approximately 6-7 years to cover the initial cost of the solar panels. This means that after 6-7 years, the money saved on electricity bills will start to outweigh the initial investment. Moreover, since solar panels last for a long time, the savings will continue for many years beyond the break-even point. Investing in solar panels in Fairburn South Dakota is not just a smart financial decision but also an eco-friendly choice!
Investing in solar power in Fairburn South Dakota
Installing solar panels in Fairburn, South Dakota is a smart financial decision that can lead to significant savings on electricity bills. By taking advantage of the sunny days, lower cloud cover, and slightly higher electricity costs in the area, residents can break even on their investment in solar panels in approximately 6-7 years. Not only will this investment pay off financially in the long run, but it is also an eco-friendly choice that can benefit the environment for many years to come.