Overview
In Latham Kansas, installing solar panels on your home can save you money in the long run. By analyzing weather data and electricity costs over a year, we can show you how much you can expect to save by switching to solar power. With the sunny days and low cloud cover of Latham, it’s a prime location for harnessing the power of the sun to lower your monthly utility bills. We’ll break down the cost of a solar system, estimate how long it will take to break even, and show you just how much you stand to gain financially by making the switch to solar energy.
Latham Kansas Weather Trends
Latham Precipitation
With an annual average of 36.76 inches of precipitation, Latham Kansas falls slightly below the national average of 50.61 inches. However, compared to the rest of Kansas, Latham is right around the middle at the 51st percentile. Having less precipitation can actually benefit solar panel performance as it allows for more sunny days to generate electricity, making Latham a great location for solar energy savings.
Latham’s UV Rating
When it comes to UV ratings, Latham Kansas shines with an average of 4.91, placing it in the 76th percentile nationally and the 89th percentile within Kansas. With plenty of sunshine to go around, Latham’s average max UV rating of 5.35 puts it in the 64th percentile nationwide and the 85th percentile in Kansas. These high UV ratings ensure that solar panels in Latham can efficiently convert sunlight into renewable energy, offering substantial financial and environmental benefits.
Latham’s Cloud Cover
Latham Kansas enjoys an average cloud cover of 34%, which is below both the national average of 44.46% and Kansas’s average of 34.62%. With 166 days of minimal cloud cover, residents have ample opportunities for solar panels to harness the sun’s energy effectively. The low cloud cover in Latham means there are more clear days for solar panels to operate at peak efficiency, maximizing your potential savings on electricity bills.
Latham Kansas Electricity Costs
Residents of Latham pay approximately $0.13/kw for electricity, placing them at the 64th percentile nationally and the 53rd percentile within Kansas. Interestingly, this is on par with both the national average and Kansas average for residential electricity costs. By installing solar panels, Latham residents can take advantage of their lower than average electricity rates and the abundant sunshine to significantly reduce their monthly utility expenses over time.
When could you expect to break even on a solar installation in Latham Kansas?
Considering the weather and electricity costs in Latham Kansas, 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:
- Latham Kansas receives less precipitation than the national average, which is good for solar panel efficiency.
- The UV ratings in Latham are higher than the national average, making it a great location for generating solar power.
- Cloud cover in Latham Kansas is lower than the national average, with a mix of clear and cloudy days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Latham Kansas pay the same as the national average for electricity, which is good news for solar panel savings.
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 needed from the grid and lowering electricity bills.
- With electricity costs at $0.13/kw, the savings from solar power in Latham Kansas are significant.
After crunching the numbers, it looks like it would take around 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the money saved on electricity bills will start to add up and pay off the investment. Since solar panels last for 25-30 years, the savings over time can be substantial. Investing in solar power is a smart way to save money and contribute to a cleaner environment.
Investing in solar power in Latham Kansas
Switching to solar power in Latham, Kansas is a wise investment that can yield significant financial benefits over time. With the ideal weather conditions and lower than average electricity costs, residents have the opportunity to break even on their solar panel installation in just 7-8 years. Considering the long lifespan of solar panels, the savings can accumulate substantially, providing a cost-effective and environmentally friendly energy solution for the future. By harnessing the power of the sun, residents of Latham can lower their monthly utility bills and make a positive impact on the planet.