Overview
In New Franklin, Missouri, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs over the course of a year, we can estimate how long it would take for a solar system to pay for itself. With the average amount of sunshine and relatively low cloud cover in the area, residents can harness the power of the sun to save money on their electricity bills. Explore the cost breakdown and potential savings of going solar in New Franklin to see how you can start benefiting from renewable energy.
New Franklin Missouri Weather Trends
New Franklin Precipitation
With New Franklin receiving 41.16 inches of precipitation in the last year, the city is below the national and Missouri averages. This means less interference with sunlight for your solar panels compared to other areas, allowing for greater energy generation potential.
New Franklin’s UV Rating
New Franklin’s average UV rating of 4.62 in the last year is higher than both the national and Missouri averages. This higher UV rating indicates that New Franklin receives more intense sunlight, which translates to increased energy production from solar panels. Harnessing this abundant sunlight can lead to greater savings on your electricity bills.
New Franklin’s Cloud Cover
With an average of 38% cloud cover in the last year, New Franklin has less cloud cover compared to the national and Missouri averages. This means there are more clear days for your solar panels to efficiently convert sunlight into electricity. Installing solar panels in New Franklin can take advantage of these clear skies for maximum energy production.
New Franklin Missouri Electricity Costs
Residents of New Franklin pay about $0.12/kw for electricity, which is slightly below the national average. In comparison to the rest of Missouri, New Franklin’s electricity costs are also relatively low. By switching to solar power, you can reduce or even eliminate your electricity bills over time, saving you money in the long run while contributing to a more sustainable environment.
When could you expect to break even on a solar installation in New Franklin Missouri?
Considering the weather and electricity costs in New Franklin, Missouri, 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:
- New Franklin gets slightly less precipitation than the national average, which is good for solar panels.
- The UV ratings are higher than the national average, making it a great location for generating solar power.
- Cloud cover is below the national average, with a good number of days having low to moderate cloud cover.
Now, let’s consider the electricity costs:
- Residents in New Franklin pay slightly 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 purchase electricity from the grid.
- With New Franklin’s slightly lower electricity rates, the savings will still be significant over time.
After analyzing the data, it looks like it would take around 5-6 years to cover the initial cost of the solar panels. This means that after 5-6 years, the money saved on electricity bills will begin to offset the investment. Since solar panels have a long lifespan, you will continue to benefit from these savings for many years. It’s an economical and environmentally friendly choice in the long run!
Investing in solar power in New Franklin Missouri
Installing solar panels in New Franklin, Missouri can be a financially smart decision. With an abundance of sunshine and relatively low cloud cover, residents can generate significant savings on their electricity bills. By taking into account the weather trends and electricity costs in the area, it is estimated that it would take around 5-6 years to break even on the initial investment of a solar system. This means that after this period, the money saved on electricity bills will start to offset the cost of the panels. Overall, going solar in New Franklin is not only a cost-effective choice but also a sustainable one that benefits both your wallet and the environment.