Overview
Edgerton, Wyoming residents can benefit financially from installing solar panels on their home. By analyzing local weather data and electricity costs, we can show how much money can be saved over time. By breaking down the cost of a solar system and estimating the payback period, we will demonstrate the long-term financial advantages of making the switch to solar energy in Edgerton.
Edgerton Wyoming Weather Trends
Edgerton Precipitation
With Edgerton, Wyoming receiving 19.65 inches of precipitation in the last year, it falls in the 5th percentile in the nation and the 28th percentile in Wyoming. Comparatively, the national average for total precipitation is 50.61 inches, while Wyoming’s average is 28.52 inches. This means Edgerton’s lower precipitation levels make it an ideal location for harnessing solar energy efficiently.
Edgerton’s UV Rating
Having an average UV rating of 3.65 places Edgerton in the 26th percentile in the nation and the 66th percentile in Wyoming. In comparison, the national average for average UV rating is 4.29, with Wyoming’s average slightly lower at 3.45. Edgerton’s decent UV ratings make it a viable choice for solar panel installations, ensuring a consistent source of renewable energy for residents.
Edgerton’s Cloud Cover
Edgerton, Wyoming experienced an average of 31% cloud cover in the last year, ranking it in the 9th percentile in the nation and the 15th percentile in Wyoming. In contrast, the national average for average cloud cover is 44.46%, with Wyoming’s average slightly lower at 36.73%. With a significant number of days having low cloud cover, Edgerton offers optimal conditions for solar panel efficiency.
Edgerton Wyoming Electricity Costs
Residents in Edgerton, Wyoming pay around $0.11/kw for electricity, placing them in the 25th percentile nationwide and the 27th percentile within Wyoming. Comparatively, the national average for residential electricity stands at $0.13/kw, with Wyoming’s average at $0.11/kw. With relatively lower electricity costs, investing in solar panels in Edgerton can lead to substantial long-term savings for homeowners.
When could you expect to break even on a solar installation in Edgerton Wyoming?
Considering the weather and electricity costs in Edgerton Wyoming, 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:
- Edgerton Wyoming receives less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Edgerton Wyoming are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Edgerton Wyoming is lower than the national average, with a good number of clear days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Edgerton Wyoming 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 on electricity bills.
- With lower electricity costs in Edgerton Wyoming, the savings will be more gradual compared to other locations.
After analyzing the data, it appears that it would take approximately 10-12 years to cover the initial cost of the solar panels in Edgerton Wyoming. This means that after that time, the savings on electricity bills will start to compensate for the investment. As solar panels have a long lifespan, the savings will continue for many years after breaking even. It’s a cost-effective way to save money and contribute to a greener environment!
Investing in solar power in Edgerton Wyoming
After analyzing the local weather data, electricity costs, and estimating the payback period, it is clear that installing solar panels in Edgerton, Wyoming can provide significant long-term financial benefits for residents. With optimal conditions for solar panel efficiency due to low precipitation levels, suitable UV ratings, and minimal cloud cover, along with relatively lower electricity costs, residents can expect to break even on their solar installation investment in approximately 10-12 years. This means that beyond this period, homeowners will enjoy substantial savings on electricity bills, making the switch to solar energy a cost-effective and environmentally-friendly choice for Edgerton residents.