Overview
Are you looking to save money on your electricity bill in Sherwood, North Dakota? Installing solar panels on your home can help you do just that! By analyzing 365 days of weather data specific to Sherwood, including inches of precipitation, average max UV rating, average UV rating, and average percentage of cloud cover, we can show you how much you can potentially save with solar energy. We will break down the cost of a solar system for your home and estimate how long it will take for you to break even financially. Let us help you make an informed decision on going solar and start saving money today!
Sherwood North Dakota Weather Trends
Sherwood Precipitation
With Sherwood North Dakota receiving only 27.66 inches of precipitation in the last year, it is in the 10th percentile in the nation and the 13th percentile in North Dakota. Compared to the national average of 50.61 inches and North Dakota’s average of 30.8 inches, Sherwood’s lower precipitation levels make it an ideal location for solar energy production.
Sherwood’s UV Rating
Sherwood North Dakota had an average UV rating of 3.44 in the last year, ranking it in the 16th percentile in the nation and the 59th percentile in North Dakota. While the national average for UV rating is 4.29 and North Dakota’s average is 3.46, Sherwood’s moderate UV levels make it a suitable place for harnessing solar energy effectively.
Sherwood’s Cloud Cover
Despite having an average of 44% cloud cover in the last year, Sherwood North Dakota is in the 50th percentile in the nation and the 16th percentile in North Dakota. With varying degrees of cloud cover throughout the year, including 116 days with clear skies, the potential for solar energy generation in Sherwood remains high, even on days with partial cloud cover.
Sherwood North Dakota Electricity Costs
Residents of Sherwood North Dakota pay about $0.09/kw for electricity, placing them in the 4th percentile in the nation and the 17th percentile in North Dakota. Compared to the national average of $0.13/kw and North Dakota’s average of $0.1/kw, installing solar panels can significantly reduce your electricity bill and offer long-term savings in Sherwood.
When could you expect to break even on a solar installation in Sherwood North Dakota?
Considering the weather and electricity costs in Sherwood North 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:
- Sherwood North Dakota receives less precipitation than the national average, making it a suitable location for solar panels.
- The UV ratings are slightly lower than the national average, but still conducive for generating solar power.
- Cloud cover in Sherwood North Dakota is around the national average, providing a good amount of sunlight for solar panels.
Now, let’s consider the electricity costs:
- Residents in Sherwood North Dakota pay less for electricity compared to the national average, making it a cost-effective option to switch to solar power.
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 purchased from the grid and saving money on electricity bills.
- With the lower electricity rates in Sherwood North Dakota, the savings from solar power are significant.
After analyzing the data, it appears that it would take approximately 4-6 years to cover the initial cost of the solar panels. This means that after this period, the savings on electricity bills will start to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years beyond the break-even point. Investing in solar power is an economical and environmentally friendly decision for residents in Sherwood North Dakota.
Investing in solar power in Sherwood North Dakota
After analyzing the data on Sherwood North Dakota’s weather trends and electricity costs, it is evident that installing solar panels can be a beneficial and cost-effective decision for residents. With lower precipitation levels, moderate UV ratings, and average cloud cover, Sherwood provides an ideal environment for solar energy production. Coupled with relatively low electricity costs, investing in solar panels can lead to substantial long-term savings. Based on the analysis, it is estimated that residents could break even on their investment in solar panels within 4-6 years, with savings continuing for many years thereafter. Going solar is not only a wise financial choice but also an environmentally friendly one for the community of Sherwood North Dakota.