Overview
If you’re considering making the switch to solar energy in Lewisville, Texas, you’ll be happy to know that the financial benefits can be quite significant. By looking at a year’s worth of weather data and electricity costs specific to the area, we can help you understand how installing solar panels on your home can save you money in the long run. With the right system in place, you can expect to break even on your investment within a certain timeframe, allowing you to enjoy years of reduced electricity bills and a more sustainable lifestyle.
Lewisville Texas Weather Trends
Lewisville Precipitation
In the last year, Lewisville Texas received 41.69 inches of precipitation, placing it in the 31st percentile in the nation and the 52nd percentile in Texas. Compared to the national average of 50.61 inches and Texas’s average of 40.86 inches, Lewisville falls below both averages. However, even with slightly lower precipitation levels, the abundant sunlight in Lewisville makes it an ideal location for harnessing solar energy.
Lewisville’s UV Rating
In the last year, Lewisville Texas had an average UV rating of 5.79, ranking it in the 93rd percentile in the nation and the 47th percentile in Texas. With an average max UV rating of 6.29, Lewisville is in the 83rd percentile in the nation and the 58th percentile in Texas. These high UV ratings demonstrate the ample sunshine available in Lewisville, making it a prime location for solar panel installation to capitalize on this valuable resource.
Lewisville’s Cloud Cover
Over the last year, Lewisville Texas had an average of 33% cloud cover, placing it in the 10th percentile in the nation and the 29th percentile in Texas. With significantly lower cloud cover compared to the national average of 44.46% and Texas’s average of 35.45%, Lewisville experiences more sunny days that are perfect for solar energy production. This abundance of sunshine creates an optimal environment for installing solar panels on your home.
Lewisville Texas Electricity Costs
Residents of Lewisville Texas pay about $0.1/kw for electricity, positioning the city in the 7th percentile in the nation and the 9th percentile in Texas. While the national average for residential electricity is $0.13/kw and Texas’s average is $0.11/kw, Lewisville’s lower electricity costs make solar panel installation even more financially beneficial. By switching to solar energy, you can reduce your electricity bills and enjoy long-term savings while embracing a more sustainable lifestyle.
When could you expect to break even on a solar installation in Lewisville Texas?
Considering the weather and electricity costs in Lewisville, Texas, 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:
- Lewisville gets slightly less rain than the national average, which is good for solar panel efficiency.
- The UV ratings in Lewisville are higher than the national average, making it a great location for generating solar power.
- Cloud cover in Lewisville is lower than the national average, with a good amount of sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lewisville pay less for electricity compared to the national average, which is beneficial for using solar power.
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, especially with lower electricity costs in Lewisville.
After crunching the numbers, it looks like it would take around 4-5 years to cover the initial cost of the solar panels. This means that after 4-5 years, the money saved on electricity bills will start to add up and pay off the investment. Additionally, since solar panels last for 25-30 years, you’ll continue to enjoy those savings for many years to come. Investing in solar panels not only saves money but also contributes to a greener environment. It’s a win-win situation!
Investing in solar power in Lewisville Texas
Switching to solar energy in Lewisville, Texas can lead to significant financial benefits in the long run. With lower precipitation levels, higher UV ratings, and less cloud cover than national averages, Lewisville boasts an ideal climate for harnessing solar power. Additionally, lower electricity costs in the area make the investment in solar panels even more financially beneficial. By crunching the numbers, we estimate that it would take about 4-5 years to break even on the cost of installation, after which you can enjoy years of reduced electricity bills and a more sustainable lifestyle. Investing in solar energy not only saves money but also contributes to a greener environment, making it a win-win situation for residents of Lewisville, Texas.