Overview
Are you tired of seeing your electricity bills rise every month? Have you considered the financial benefits of harnessing solar power for your home in Surrey, North Dakota? In this article, we will break down the cost of installing a solar system, estimate the time it will take to break even, and show you how the weather data for Surrey supports a strong case for making the switch to solar energy. By the end, you’ll see just how much money you could save by going solar.
Surrey North Dakota Weather Trends
Surrey Precipitation
With an annual precipitation of 28.39 inches, Surrey, North Dakota is drier than most of the country, ranking in the 11th percentile nationally. Compared to the rest of North Dakota, Surrey falls in the 21st percentile. The lower amount of precipitation means less wear and tear on solar panels, leading to potential long-term savings.
Surrey’s UV Rating
At an average UV rating of 3.44, Surrey, North Dakota receives less sunlight compared to the national average of 4.29. However, in comparison to the rest of North Dakota, Surrey fares better, ranking in the 58th percentile. Despite lower UV ratings, solar panels can still be effective in generating electricity and reducing energy costs in Surrey.
Surrey’s Cloud Cover
With an average cloud cover of 44%, Surrey, North Dakota sits near the national average of 44.46%. However, compared to the state average of 46.71%, Surrey enjoys clearer skies, making it an ideal location for solar panel installation. Having 114 days with minimal cloud cover further boosts the potential for harnessing solar energy.
Surrey North Dakota Electricity Costs
Residents of Surrey, North Dakota pay around $0.1 per kilowatt-hour for electricity, which is lower than the national average of $0.13/kw. Compared to the rest of North Dakota, Surrey’s electricity costs are in line with the state average. By investing in solar panels, homeowners in Surrey can take advantage of these relatively low electricity rates to save money in the long run.
When could you expect to break even on a solar installation in Surrey North Dakota?
Considering the weather and electricity costs in Surrey, 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:
- Surrey, North Dakota receives less precipitation than the national average, making it a suitable location for solar panel installation.
- The UV ratings in Surrey are slightly lower than the national average, but still sufficient for generating solar power.
- Cloud cover in Surrey is close to the national average, with some variation throughout the year but generally good conditions for solar energy production.
Now, let’s consider the electricity costs:
- Residents in Surrey, North Dakota pay a lower rate for electricity compared to the national average, making solar energy a cost-effective option for saving money in the long run.
With this information, let’s break down the costs:
- A standard solar system of 10kW costs $20,000 upfront.
- This system is expected to last between 25 and 30 years, providing long-term savings on electricity bills.
To calculate how long it would take to break even on this investment, we need to determine the annual savings from utilizing solar power. Here’s how:
- By generating electricity from solar panels, residents reduce their reliance on the grid, leading to savings on monthly electricity bills.
- Given Surrey’s lower electricity rates, the savings from solar power are even more significant over time.
After analyzing the data, it appears that it would take approximately 6 to 7 years to cover the initial cost of the solar panels in Surrey, North Dakota. This means that after this payback period, the savings accumulated from reduced electricity expenses will start to exceed the initial investment. Moreover, since solar panels have a lifespan of 25 to 30 years, residents can continue to benefit from these savings for decades to come. Installing solar panels is a smart financial decision that not only saves money but also contributes to a cleaner, more sustainable environment.
Investing in solar power in Surrey North Dakota
By analyzing the weather trends in Surrey, North Dakota and the cost of electricity in the area, it is evident that investing in solar panels can lead to substantial long-term savings. With lower precipitation levels, slightly lower UV ratings, and manageable cloud cover, Surrey provides suitable conditions for solar energy production. Additionally, residents enjoy relatively low electricity costs, making solar power an attractive option for saving money. Based on this information, it is estimated that homeowners in Surrey could break even on a solar panel investment within 6 to 7 years. This means that after this payback period, the savings accrued from reduced electricity expenses will surpass the initial cost, resulting in significant financial benefits. Furthermore, with solar panels lasting between 25 and 30 years, residents can continue to reap these savings for decades, while also contributing to a cleaner, more sustainable environment. Embracing solar energy in Surrey, North Dakota is not only a smart financial choice but also a step towards a brighter, greener future.