Overview
Our article will show you how installing solar panels on your Lamar Arkansas home can save you money on electricity costs. By analyzing weather data specific to Lamar, including annual precipitation, average UV ratings, and cloud cover, we will demonstrate the potential financial benefits of switching to solar energy. In addition, we will break down the cost of a solar system and estimate how long it will take for you to break even on your investment, ultimately showing you why going solar in Lamar is a smart financial decision.
Lamar Arkansas Weather Trends
Lamar Precipitation
With Lamar Arkansas receiving 62.06 inches of precipitation in the last year, it is evident that the area has ample rainfall to potentially benefit from solar energy. Lamar falls in the 75th percentile nationally and the 88th percentile in Arkansas for total precipitation. Comparatively, the national average for total precipitation is only 50.61 inches, showcasing Lamar’s above-average rainfall potential for solar energy generation.
Lamar’s UV Rating
Having an average UV rating of 4.96 in the past year, Lamar Arkansas is in a favorable position for harnessing solar energy. Lamar ranks in the 77th percentile in the nation and the 37th percentile in Arkansas for UV rating. Compared to the national average UV rating of 4.29 and Arkansas’s average of 5.13, Lamar’s moderate UV levels make it an ideal location for solar panel installation. Additionally, with an average max UV rating of 5.42, Lamar is well-suited for efficient solar energy production.
Lamar’s Cloud Cover
With an average of 40% cloud cover in the last year, Lamar Arkansas presents a good opportunity for reliable solar energy generation. Lamar ranks in the 26th percentile nationally and the 84th percentile in Arkansas for cloud cover. In comparison, the national average for cloud cover is 44.46%, while Arkansas’s average is 38.77%. The frequency of clear days in Lamar, with 145 days having minimal cloud cover, further reinforces the potential for consistent solar energy production.
Lamar Arkansas Electricity Costs
Residents in Lamar Arkansas pay approximately $0.1/kw for electricity, indicating a cost-effective opportunity for switching to solar power. Lamar falls in the 10th percentile nationally and the 19th percentile in Arkansas for residential electricity rates. Comparatively, the national average is $0.13/kw, and Arkansas’s average is $0.11/kw, highlighting Lamar’s relatively low electricity costs. With solar panels offering long-term savings and energy independence, investing in solar energy can be a financially smart decision for Lamar residents.
When could you expect to break even on a solar installation in Lamar Arkansas?
Considering the weather and electricity costs in Lamar 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:
- Lamar Arkansas gets more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Lamar Arkansas are higher than the national average, which is great for generating solar power.
- Cloud cover in Lamar Arkansas is lower than the national average, which is beneficial for solar energy production.
Now, let’s consider the electricity costs:
- Residents in Lamar Arkansas 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 amount needed from the grid and saving money on electricity bills.
- With Lamar Arkansas’ lower electricity rates, the savings will be significant over time.
After doing the calculations, it appears that it would take approximately 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 accumulate and make up for the investment. And with solar panels lasting up to 30 years, you will continue to enjoy those savings for a long time. Investing in solar energy is a wise financial decision that also benefits the environment!
Investing in solar power in Lamar Arkansas
Installing solar panels in Lamar, Arkansas is a wise financial decision that can lead to significant savings on electricity costs. By taking into account Lamar’s ample precipitation, favorable UV ratings, and low cloud cover, we have shown that the area is well-suited for solar energy generation. When considering Lamar’s relatively low electricity costs and the potential for long-term savings, it becomes evident why switching to solar power can be a smart investment for residents. With an estimated 7-8 year break-even point on the initial cost of a solar system, the financial benefits of going solar in Lamar are clear. Embracing solar energy not only saves money but also contributes to a more sustainable future.