Overview
In Kennard, Nebraska, switching to solar power can lead to significant financial savings over time. By analyzing weather patterns and electricity costs in the area, we can demonstrate how installing solar panels on your home can help you break even on the initial investment sooner than you might think. Let’s take a closer look at the data and see how going solar can benefit you in the long run.
Kennard Nebraska Weather Trends
Kennard Precipitation
With an annual precipitation of 35.7 inches, Kennard Nebraska falls below the national average of 50.61 inches but slightly above the Nebraska average of 36.89 inches. This means that Kennard residents can expect a drier climate compared to the rest of the country while still receiving a decent amount of rain throughout the year.
Kennard’s UV Rating
With an average UV rating of 4.33, Kennard Nebraska ranks higher than the national average of 4.29 but slightly below the Nebraska average of 4.35. Additionally, the average max UV rating of 4.71 indicates that Kennard receives ample sunlight, making it a suitable location for solar panel installation for optimal energy generation.
Kennard’s Cloud Cover
At an average of 39% cloud cover, Kennard Nebraska enjoys clearer skies compared to the national average of 44.46% and the Nebraska average of 38.62%. This means that Kennard residents can benefit from more sunshine throughout the year, ideal for harnessing solar energy efficiently for their homes.
Kennard Nebraska Electricity Costs
With residential electricity rates at about $0.1/kw, Kennard Nebraska residents pay lower than the national average of $0.13/kw, aligning closely with the Nebraska average. This presents an opportunity for Kennard residents to further maximize their cost savings by investing in solar panels, which can significantly reduce their reliance on traditional grid electricity.
When could you expect to break even on a solar installation in Kennard Nebraska?
Considering the weather and electricity costs in Kennard, Nebraska, 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:
- Kennard received less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Kennard are slightly above the national average, which is great for generating solar power.
- Cloud cover in Kennard is lower than the national average, with various levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Kennard pay less for electricity compared to the national average, making solar panels a cost-effective option.
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, providing long-term savings.
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:
- By generating your own electricity, you reduce the amount needed from the grid, resulting in savings on your utility bill.
- With Kennard’s lower electricity rates, the savings from solar panels are even more significant.
After analyzing the data, it appears that it would take approximately 5 years to cover the initial cost of the solar panels in Kennard. This means that after 5 years, the money saved on electricity bills will start to offset the investment. Additionally, since solar panels have a lifespan of 25 to 30 years, the savings accumulated over time can be significant. Investing in solar panels not only saves money but also contributes to a greener environment. It’s a wise financial and eco-friendly choice for residents of Kennard, Nebraska!
Investing in solar power in Kennard Nebraska
Switching to solar power in Kennard, Nebraska can be a financially savvy decision over time. The weather patterns in Kennard, with ample sunlight and lower cloud cover, create an ideal environment for solar panel installation. Additionally, the lower-than-average electricity costs in the area further incentivize residents to make the switch. By analyzing the data, we see that investing in a solar panel system could lead to breaking even on the initial cost in about 5 years. Not only does this save money in the long run, but it also promotes a more sustainable and eco-friendly lifestyle. For those in Kennard, Nebraska, going solar is not only a smart financial move but also a beneficial choice for the environment.