Overview
In Hardy, Arkansas, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data such as inches of precipitation, average max UV rating, average UV rating, and average percentage cloud cover over the course of a year, we can estimate the potential savings on your electricity bill. With the cost of a solar system in mind, we can also calculate how long it may take for you to break even on your investment. Let’s explore how going solar can make financial sense for you in Hardy, Arkansas.
Hardy Arkansas Weather Trends
Hardy Precipitation
With Hardy, Arkansas receiving 55.62 inches of precipitation in the last year, it is clear that Hardy experiences a moderate amount of rainfall. Compared to the national average of 50.61 inches and the Arkansas average of 54.5 inches, Hardy falls above both averages. This means that with ample rainfall, your solar panels could efficiently generate electricity, potentially leading to even greater savings on your electricity bill.
Hardy’s UV Rating
Having an average UV rating of 4.78, Hardy Arkansas enjoys a significant amount of sunshine compared to the national average of 4.29 and the Arkansas average of 5.13. With an average max UV rating of 5.22, Hardy is also in a favorable position compared to national and state averages. This means that installing solar panels in Hardy would allow you to harness that abundant sunlight, leading to increased energy production and potentially greater savings over time.
Hardy’s Cloud Cover
With an average of 40% cloud cover in Hardy, Arkansas, the region experiences relatively clear skies throughout the year. Compared to the national average of 44.46% and the Arkansas average of 38.77%, Hardy’s lower cloud cover percentage indicates more opportunities for direct sunlight to reach your solar panels. This means that you can benefit from consistent solar energy generation, translating into long-term financial savings on your electricity bill.
Hardy Arkansas Electricity Costs
Hardy residents currently pay about $0.11/kw for electricity, which is in line with the Arkansas average but lower than the national average of $0.13/kw. With competitive electricity costs and favorable weather conditions for solar energy production, investing in solar panels in Hardy can offer you not only significant long-term savings on your electricity bill but also contribute to a more sustainable and eco-friendly lifestyle.
When could you expect to break even on a solar installation in Hardy Arkansas?
Considering the weather and electricity costs in Hardy, 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:
- Hardy Arkansas receives slightly more precipitation than the national average, but it still has enough sun for solar panels to be effective.
- The UV ratings in Hardy Arkansas are higher than the national average, making it a good location for generating solar power.
- The average cloud cover in Hardy Arkansas is slightly lower than the national average, with some cloudy days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Hardy 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 purchased from the grid.
- With Hardy Arkansas’s electricity costs, the savings are significant.
After calculations, it looks like it would take around 6 to 7 years to cover the initial cost of the solar panels. After this period, the money saved on electricity bills will continue to accumulate over the remaining years of the solar panels’ lifespan. It’s an economical and environmentally friendly way to power your home!
Investing in solar power in Hardy Arkansas
With favorable weather conditions and competitive electricity costs, investing in solar panels in Hardy, Arkansas can lead to significant financial benefits. By harnessing the abundant sunlight, you can generate more energy, resulting in lower electricity bills over time. Considering the initial investment in solar panels, it may take around 6 to 7 years to break even on your investment. However, the long-term savings and sustainable energy production make going solar a wise financial decision for residents in Hardy, Arkansas. Make the switch to solar and start saving today!