Overview
In Shirley, Arkansas, harnessing the power of solar energy can lead to significant long-term financial benefits. By analyzing weather data and electricity costs specific to the area, it is clear that installing solar panels on your home can result in substantial savings over time. With a breakdown of the costs of a solar system and an estimate of the time it will take to break even, this article will show you how investing in solar energy can be a wise financial decision for Shirley residents.
Shirley Arkansas Weather Trends
Shirley Precipitation
Shirley Arkansas received 51.65 inches of precipitation in the last year, which is slightly above the national average of 50.61 inches and lower than Arkansas’s average of 54.5 inches. By harnessing solar energy, Shirley residents can take advantage of the abundant sunshine to offset the impact of precipitation on electricity generation. Investing in solar panels can help you save money and reduce your carbon footprint in a region with above-average rainfall.
Shirley’s UV Rating
With an average UV rating of 4.87 in the last year, Shirley Arkansas experienced higher levels of UV radiation compared to the national average of 4.29. Although it falls slightly below the Arkansas average of 5.13, Shirley’s UV rating is still favorable for solar energy production. By installing solar panels, you can capitalize on the sunny weather in Shirley and lower your reliance on traditional grid electricity, ultimately saving money and contributing to a greener environment.
Shirley’s Cloud Cover
In the last year, Shirley Arkansas had an average cloud cover of 38%, which is relatively lower than the national average of 44.46% and on par with Arkansas’s average of 38.77%. With a substantial number of clear and sunny days, Shirley offers ideal conditions for solar energy generation. By embracing solar power, you can maximize your energy savings and reduce your environmental impact in a region blessed with plenty of sunshine.
Shirley Arkansas Electricity Costs
Shirley residents pay about $0.11/kw for electricity, which is lower than the national average of $0.13/kw and consistent with Arkansas’s average of $0.11/kw. By transitioning to solar energy, you can hedge against potential future increases in electricity costs and lock in long-term savings. With favorable electricity rates and ample sunlight, investing in solar panels is a smart financial decision for Shirley homeowners looking to reduce their energy expenses.
When could you expect to break even on a solar installation in Shirley Arkansas?
Considering the weather and electricity costs in Shirley Arkansas, 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:
- Shirley Arkansas receives slightly more precipitation than the national average, but it still has enough sunshine for solar panels to be effective.
- The UV ratings in Shirley Arkansas are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Shirley Arkansas is below the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Shirley Arkansas pay slightly less for electricity compared to the national average, at $0.11/kw.
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 saving money on bills.
- With the lower electricity rates in Shirley Arkansas, the savings are not as significant as in areas with higher rates.
After calculating the numbers, it appears that it would take approximately 10 years to cover the initial cost of the solar panels in Shirley Arkansas. This means that after 10 years, the money saved on electricity bills will begin to offset the investment. And since solar panels last for many years, the savings will continue for a long time after that initial period. Investing in solar panels is a wise choice for both saving money and contributing to a cleaner environment!
Investing in solar power in Shirley Arkansas
Investing in solar energy in Shirley, Arkansas can lead to substantial long-term financial benefits. With above-average sunshine, favorable UV ratings, and lower-than-average cloud cover, Shirley offers ideal conditions for solar energy production. By taking advantage of the abundant sunlight and lower electricity costs, homeowners can expect to break even on a standard 10kW solar system in approximately 10 years. This investment not only results in financial savings but also contributes to a greener environment. Therefore, transitioning to solar power is a smart financial decision for Shirley residents looking to reduce their energy expenses and make a positive impact on the planet.