Overview
Are you a Scranton Arkansas resident looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data specific to Scranton, including inches of precipitation, UV ratings, and cloud cover, we can estimate the financial benefits of switching to solar power. With the cost of a solar system and the time it takes to break even in mind, you’ll see just how much money you could save in the long run.
Scranton Arkansas Weather Trends
Scranton Precipitation
With Scranton Arkansas receiving 57.15 inches of precipitation in the last year, it is evident that the area sees a significant amount of rainfall. Compared to the national average of 50.61 inches, Scranton is above average. When compared to the rest of Arkansas, Scranton falls slightly below the state average of 54.5 inches. By harnessing this abundant natural resource, residents can take advantage of the rainy climate to generate clean and renewable energy.
Scranton’s UV Rating
In the last year, Scranton recorded an average UV rating of 4.96, indicating moderate sun exposure. This places Scranton in the 77th percentile nationally and slightly below the Arkansas average. However, when looking at the max UV rating of 5.42, Scranton is in a better position, ranking in the 65th percentile nationally. Utilizing solar panels can efficiently capture this sunlight to produce electricity, reducing reliance on traditional energy sources.
Scranton’s Cloud Cover
With an average of 39% cloud cover throughout the year, Scranton experiences a fair amount of clear days conducive to solar energy production. Compared to the national average of 44.46%, Scranton receives slightly less cloud cover. Despite ranking higher than the state average, residents can still benefit from the sunny days to harness solar power and lower their electricity bills.
Scranton Arkansas Electricity Costs
Residents in Scranton pay approximately $0.1/kw for electricity, making it one of the least expensive in the nation. While this is lower than the national average of $0.13/kw, it falls slightly below the Arkansas average. By installing solar panels, homeowners can offset rising electricity costs and even generate excess energy to potentially earn credits from the utility company.
When could you expect to break even on a solar installation in Scranton Arkansas?
Considering the weather and electricity costs in Scranton 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:
- Scranton Arkansas receives more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Scranton Arkansas are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Scranton Arkansas is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Scranton Arkansas pay less for electricity compared to the national average, at $0.1/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 electricity bills.
- With Scranton Arkansas’ lower electricity rates, the savings over time will add up.
After crunching the numbers, it looks like it would take around 10 years to cover the initial cost of the solar panels in Scranton Arkansas. This means that after 10 years, the savings on electricity bills will start to pay off the investment. Since solar panels last for a long time, the savings will continue for many years after the initial break-even point. Investing in solar power is a wise choice for both saving money and contributing to a sustainable environment.
Investing in solar power in Scranton Arkansas
Installing solar panels in Scranton, Arkansas can be a smart financial decision for residents looking to cut down on electricity costs. By taking advantage of the area’s abundant rainfall, moderate sun exposure, and lower-than-average cloud cover, homeowners can generate clean and renewable energy. With electricity costs in Scranton being below the national average, investing in solar panels could lead to significant savings in the long run. On average, it would take about 10 years to break even on the initial cost of a solar system, after which residents can enjoy continued savings and contribute to a more sustainable environment. Consider making the switch to solar power to secure your financial future and support renewable energy in Scranton, Arkansas.