Overview
In Franklin, Idaho, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs over the course of a year, we can demonstrate how solar panels can help you save money in the long run. With a breakdown of the cost of a solar system and an estimate of when you can expect to break even, this article aims to show Franklin residents the value of making the switch to solar energy.
Franklin Idaho Weather Trends
Franklin Precipitation
With Franklin Idaho receiving 36.99 inches of precipitation in the last year, it’s clear that the area experiences moderate rainfall compared to the rest of the nation and Idaho. While Franklin falls below the national average of 50.61 inches, it surpasses Idaho’s average of 34.83 inches. By harnessing solar energy, residents can take advantage of this precipitation to power their homes efficiently throughout the year.
Franklin’s UV Rating
Having an average UV rating of 3.46 in the last year, Franklin Idaho enjoys a decent amount of sunlight that is below the national average of 4.29 but slightly above Idaho’s average of 3.63. With an average max UV rating of 3.7, Franklin stands as a sunnier location compared to other parts of the country and Idaho. Installing solar panels can maximize the potential of this sunlight to generate clean and renewable energy for your home.
Franklin’s Cloud Cover
With an average of 41% cloud cover in the last year, Franklin Idaho experiences relatively clear skies compared to the national average of 44.46% and Idaho’s average of 44.04%. The distribution of cloud cover days across the year also provides a good balance for capturing sunlight. Considering these factors, switching to solar energy can prove to be a reliable source of power for your home in Franklin.
Franklin Idaho Electricity Costs
Residents of Franklin Idaho pay around $0.1/kw for electricity, which is lower than the national average of $0.13/kw but on par with Idaho’s average. This presents an opportunity for significant savings by investing in solar panels to generate your own electricity. By making the switch to solar energy, you can take control of your energy costs and lower your monthly utility bills in the long run.
When could you expect to break even on a solar installation in Franklin Idaho?
Considering the weather and electricity costs in Franklin Idaho, 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:
- Franklin Idaho receives less precipitation than the national average, providing good conditions for solar panels to work effectively.
- The UV ratings in Franklin Idaho are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Franklin Idaho is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Franklin Idaho pay less for electricity compared to the national average, making solar power 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 need to purchase from the grid.
- With Franklin Idaho’s lower electricity rates, the savings can add up quickly.
After analyzing the data, it looks like it would take around 4-6 years to cover the initial cost of the solar panels in Franklin Idaho. This means that after this period, the savings on electricity bills will start accumulating and pay off the investment. Since solar panels last for a long time, the savings will continue well beyond the initial payback period. Investing in solar panels is a smart way to save money and contribute to a greener future!
Investing in solar power in Franklin Idaho
With favorable weather conditions and electricity costs in Franklin, Idaho, switching to solar energy can lead to significant financial benefits for residents. By analyzing data on precipitation, UV ratings, cloud cover, and electricity costs, it is evident that investing in solar panels can result in long-term savings. Taking into account the initial cost of a solar system and the expected payback period of 4-6 years, it is clear that making the switch to solar power is a wise decision for Franklin residents looking to save money and contribute to a greener future.