Overview
In Lakeside, Arizona, installing solar panels on your home can lead to significant long-term financial benefits. By analyzing the local weather data and electricity costs, we will show you how a solar system can save you money over time. With thorough research and cost breakdowns, we will demonstrate how quickly you can recoup your investment and start enjoying the financial advantages of harnessing solar energy in Lakeside.
Lakeside Arizona Weather Trends
Lakeside Precipitation
In the last year Lakeside Arizona received 20.74 inches of precipitation, ranking it in the 6th percentile in the nation but the 95th percentile in Arizona. Compared to the national average of 50.61 inches, Lakeside’s lower precipitation levels can actually be beneficial for solar panel efficiency. With less rain to obstruct sunlight, solar panels in Lakeside have more opportunities for uninterrupted energy production.
Lakeside’s UV Rating
With an average UV rating of 4.28 in the last year, Lakeside is in the 57th percentile in the nation and the 13th percentile in Arizona. Even though Lakeside may not receive as much sunlight as other parts of the state, the consistent UV ratings still provide a reliable source of energy for solar panels. This means residents can still benefit from solar energy production on a regular basis.
Lakeside’s Cloud Cover
In the last year, Lakeside Arizona had an average of 22% cloud cover, ranking it in the 2nd percentile in the nation but the 84th percentile in Arizona. With a lower than average cloud cover, Lakeside offers more sunny days for optimal solar panel performance. This abundance of sunlight allows for increased energy production, making solar panels a worthwhile investment for Lakeside residents looking to save on electricity costs.
Lakeside Arizona Electricity Costs
Lakeside Arizona residents pay about $0.13/kw for electricity, placing them in the 76th percentile in the nation and the 71st percentile in Arizona. This means that solar panels can provide significant long-term savings compared to traditional electricity sources. By harnessing the abundant sunlight in Lakeside, residents can take control of their energy costs and reduce their dependence on expensive utility bills.
When could you expect to break even on a solar installation in Lakeside Arizona?
Considering the weather and electricity costs in Lakeside Arizona, 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:
- Lakeside Arizona receives less precipitation compared to the national average, making it a good location for solar panel installations.
- The UV ratings are very close to the national average, indicating ample sunlight for generating solar power.
- The cloud cover in Lakeside Arizona is significantly lower than the national average, with most days having low cloud cover percentage.
Now, let’s consider the electricity costs:
- Residents in Lakeside Arizona pay the national average for electricity, which is $0.13/kw.
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 overall costs.
- With the average electricity rates in Lakeside Arizona, the savings can be quickly realized.
After analyzing the data, it appears that it would take approximately 4-5 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will start to accumulate and pay off the investment. Moreover, since solar panels have a long lifespan, the savings will continue for many more years. Investing in solar power is a smart way to save money and contribute to a cleaner environment!
Investing in solar power in Lakeside Arizona
Based on the analysis of weather trends and electricity costs in Lakeside, Arizona, it is evident that installing solar panels can lead to significant financial benefits for residents in the long run. With lower precipitation levels, consistent UV ratings, and minimal cloud cover, Lakeside provides an ideal environment for solar panel performance. Additionally, the average electricity cost in Lakeside makes solar energy a cost-effective alternative that can lead to savings on utility bills. By investing in solar power, residents can expect to break even on their initial investment in approximately 4-5 years and continue to enjoy financial advantages for many more years. Embracing solar energy in Lakeside is a smart choice that not only saves money but also contributes to a cleaner environment for future generations.