Overview
Discover the financial benefits of installing solar panels on your home in Kilgore, Texas. By analyzing weather data and electricity costs specific to the area, we will show you how investing in a solar system can lead to significant savings. Learn about the cost breakdown of a solar installation and estimate the time it will take to break even based on the data collected over 365 days. Let us help you make an informed decision to potentially lower your energy bills and reduce your carbon footprint with solar power.
Kilgore Texas Weather Trends
Kilgore Precipitation
With 50.28 inches of precipitation in the last year, Kilgore Texas ranks in the 48th percentile nationally and the 79th percentile within Texas. Despite being near the national average of 50.61 inches, Kilgore receives more rainfall than the Texas average of 40.86 inches. This means that solar panels in Kilgore have a consistent source of energy production from sunlight, even on rainy days.
Kilgore’s UV Rating
Having an average UV rating of 5.62 last year, Kilgore Texas is in the 91st percentile nationally and the 29th percentile within Texas. Comparatively, Kilgore outshines both the national average of 4.29 and falls slightly below the Texas average of 5.74. This higher UV rating means that solar panels in Kilgore can efficiently convert sunlight into electricity, maximizing energy production.
Kilgore’s Cloud Cover
With an average of 37% cloud cover last year, Kilgore Texas ranks in the 17th percentile nationally and the 53rd percentile within Texas. While Kilgore experiences slightly less cloud cover than the national average of 44.46%, it surpasses the Texas average of 35.45%. The lower cloud cover in Kilgore provides more opportunities for sunlight to reach solar panels, enhancing energy generation throughout the year.
Kilgore Texas Electricity Costs
Residents of Kilgore pay around $0.11/kw for electricity, placing the city in the 25th percentile nationwide and the 54th percentile within Texas. Compared to the national average of $0.13/kw, Kilgore’s electricity costs are more affordable, aligning with the Texas average of $0.11/kw. By installing solar panels in Kilgore, residents can reduce their reliance on traditional electricity sources and potentially save money on their energy bills in the long run.
When could you expect to break even on a solar installation in Kilgore Texas?
Considering the weather and electricity costs in Kilgore 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:
- Kilgore Texas receives a similar amount of precipitation compared to the national average, making it suitable for solar panels.
- The UV ratings in Kilgore Texas are higher than the national average, which is great for generating solar power.
- Cloud cover in Kilgore Texas is below the national average, which is beneficial for solar panel efficiency.
Now, let’s consider the electricity costs:
- Residents in Kilgore Texas pay slightly less for electricity compared to the national average, making it a good incentive to invest in 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 your dependency on the grid and saving you money on electricity bills.
- With lower electricity rates in Kilgore Texas, the savings will gradually accumulate and pay off the initial investment faster.
After analyzing the data, it appears that it would take about 4 to 6 years to cover the initial cost of the solar panels. This means that after this initial period, you will start seeing significant savings on your electricity bills, and you can enjoy the benefits of solar power for many years to come. It’s a wise investment that not only saves you money but also contributes to a greener environment.
Investing in solar power in Kilgore Texas
Installing solar panels in Kilgore, Texas can be a smart financial decision, offering both savings on electricity bills and a positive impact on the environment. With favorable weather conditions for solar energy production and lower-than-average electricity costs, residents can expect to break even on their investment in solar panels within 4 to 6 years. After this initial period, the long-term benefits of using solar power become apparent, providing continued savings and a reduced carbon footprint. Making the switch to solar energy in Kilgore is a win-win solution for your wallet and the planet.