Overview
Are you a Georgetown Texas resident looking to save money on your electric bill? Installing solar panels on your home could be the answer you’re looking for. By using weather data specific to Georgetown, we can show you how much you could potentially save each month, break down the cost of a solar system, and estimate how long it will take to break even. With the financial benefits of solar energy, you can start seeing savings in no time.
Georgetown Texas Weather Trends
Georgetown Precipitation
Georgetown Texas received 40.34 inches of precipitation in the last year, ranking it in the 28th percentile in the nation and the 46th percentile in Texas. Compared to the national average of 50.61 inches, Georgetown sees slightly less rainfall. However, Texas’s average of 40.86 inches is close to Georgetown’s total. Despite this, Georgetown residents can still benefit from solar energy even with slightly lower precipitation levels.
Georgetown’s UV Rating
Georgetown Texas had an average UV rating of 5.85 in the last year, placing it in the 94th percentile in the nation and the 62nd percentile in Texas. With a higher UV rating than both the national average of 4.29 and Texas’s average of 5.74, Georgetown residents receive ample sunshine to generate solar energy. Additionally, the average max UV rating of 6.35 is well above the national average of 4.61 and close to Texas’s average of 6.19, making solar power a viable option for local homeowners.
Georgetown’s Cloud Cover
Georgetown Texas boasted an average of 36% cloud cover in the last year, ranking it in the 15th percentile in the nation and the 48th percentile in Texas. While the national average for cloud cover is 44.46%, and Texas’s average is 35.45%, Georgetown’s relatively low cloud cover provides more sunlight for solar panel efficiency. With 168 days of clear skies, residents have optimal conditions for harnessing solar energy throughout the year.
Georgetown Texas Electricity Costs
Georgetown Texas residents pay about $0.12/kw for electricity, placing them in the 52nd percentile in the nation and the 82nd percentile in Texas. Although the national average for residential electricity is slightly higher at $0.13/kw, Texas’s average of $0.11/kw is lower than Georgetown’s rate. By switching to solar power, residents can reduce their reliance on traditional electricity sources and take advantage of the abundant sunlight to save on energy costs in the long run.
When could you expect to break even on a solar installation in Georgetown Texas?
Considering the weather and electricity costs in Georgetown 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:
- Georgetown Texas receives less precipitation compared to the national average, making it ideal for solar panels.
- The UV ratings in Georgetown Texas are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Georgetown Texas is lower than the national average, with many days having minimal cloud cover, allowing for efficient solar energy production.
Now, let’s consider the electricity costs:
- Residents in Georgetown Texas pay slightly less for electricity compared to the national average, making solar energy a cost-effective option.
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 and saving money on energy bills.
- With the lower electricity rates in Georgetown Texas, the savings are still significant over time.
After analysis, it appears that it would take approximately 7 years to recover the initial cost of the solar panels in Georgetown Texas. This means that after 7 years, the savings on electricity bills will begin to offset the investment. Since solar panels have a long lifespan, you will continue to benefit from these savings for many years beyond the break-even point. It’s a wise financial decision that also contributes to environmental sustainability!
Investing in solar power in Georgetown Texas
With the combination of abundant sunlight, lower-than-average precipitation, higher UV ratings, and minimal cloud cover in Georgetown Texas, installing solar panels can lead to significant savings on electricity bills. By investing in a solar system, residents can expect to break even in approximately 7 years and continue to benefit from long-term savings. Not only does this financial decision make sense, but it also contributes to environmental sustainability by reducing reliance on traditional energy sources. Solar power is not only a cost-effective option but also a smart choice for the future of energy consumption in Georgetown.