Overview
Are you tired of paying high electricity bills in Inglewood, California? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data and electricity costs specific to Inglewood, we will show you how much money you could save by switching to solar power. With a breakdown of the cost of a solar system and an estimate of how long it will take to break even, you’ll see that going solar is not only good for the environment but for your wallet as well.
Inglewood California Weather Trends
Inglewood Precipitation
With Inglewood receiving only 22.13 inches of precipitation in the last year, it’s clear that our city is drier compared to the national average of 50.61 inches and California’s average of 31.54 inches. By harnessing the power of solar energy, you can take control of your electricity bills and reduce your dependence on traditional energy sources.
Inglewood’s UV Rating
Featuring an average UV rating of 5.21 and a max UV rating of 5.39, Inglewood is blessed with abundant sunshine, ranking higher than both the national average of 4.29 and California’s average of 4.76 for UV rating. Utilizing solar panels can efficiently capture this sunlight to generate clean, renewable energy for your home.
Inglewood’s Cloud Cover
Despite having an average of 28% cloud cover, Inglewood experiences fewer cloudy days compared to the national average of 44.46% and California’s average of 31.53%. This means more opportunities for your solar panels to produce energy from the sun, leading to greater savings on your electricity bill.
Inglewood California Electricity Costs
With electricity costs at $0.19/kw, Inglewood residents pay more than the national average of $0.13/kw but less than California’s average of $0.21/kw. By switching to solar power, you can lock in lower energy costs and potentially save thousands of dollars over the lifetime of your solar panel system.
When could you expect to break even on a solar installation in Inglewood California?
Considering the weather and electricity costs in Inglewood, California, 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:
- Inglewood receives less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Inglewood are higher than the national average, indicating great potential for generating solar power.
- Cloud cover in Inglewood is lower than the national average, with a good number of sunny days that are ideal for solar panels.
Now, let’s consider the electricity costs:
- Residents in Inglewood pay more for electricity compared to the national average, making solar energy an attractive option for saving money.
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 in the long run.
- With higher electricity rates in Inglewood, the savings from using solar power are significant.
After doing the calculations, it appears that it would take approximately 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will start to surpass the initial investment. Additionally, since solar panels have a long lifespan, you will continue to benefit from these savings for many more years. Investing in solar energy is not only cost-effective but also environmentally friendly, making it a wise choice for homeowners in Inglewood.
Investing in solar power in Inglewood California
After analyzing the weather trends and electricity costs specific to Inglewood, California, it is clear that installing solar panels can be a beneficial financial decision for residents. With abundant sunshine, lower cloud cover, and higher electricity costs compared to national averages, switching to solar power can lead to substantial savings on electricity bills. Based on calculations, it would take around 6 years to break even on the initial investment in a solar system, after which homeowners can enjoy long-term cost savings and contribute to a cleaner environment. Choosing solar energy in Inglewood is not only a smart financial move but also a step towards a more sustainable future.