Overview
Are you a resident of Advance, North Carolina looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been searching for. By analyzing weather data over the course of a year, we have determined that Advance receives plenty of sunlight to make solar panels a worthwhile investment. With the average cost of electricity in Advance, we estimate that it will take approximately 7 years to break even on the cost of a solar system. With potential savings on your electricity bills for years to come, solar panels could be a smart financial decision for your home.
Advance North Carolina Weather Trends
Advance Precipitation
With Advance, North Carolina receiving 55.02 inches of precipitation in the last year, it is in the 59th percentile in the nation and the 7th percentile in North Carolina. When compared to the national average of 50.61 inches and North Carolina’s average of 65.54 inches, Advance’s precipitation levels make it an ideal location for solar panel installation.
Advance’s UV Rating
Advance, North Carolina boasts an average UV rating of 4.65 in the last year, placing it in the 69th percentile in the nation and the 31st percentile in North Carolina. With the national average at 4.29 and North Carolina’s average at 4.72, Advance’s high UV rating indicates that there is plenty of sunlight available for solar energy production.
Advance’s Cloud Cover
In the last year, Advance North Carolina had an average of 41% cloud cover, ranking it in the 33rd percentile in the nation and the 43rd percentile in North Carolina. Compared to the national average of 44.46% and North Carolina’s average of 42.57%, Advance experiences relatively clear skies, allowing for more sunlight to reach solar panels and generate electricity efficiently.
Advance North Carolina Electricity Costs
Advance residents currently pay about $0.12/kw for electricity, placing them in the 60th percentile in the nation and the 63rd percentile in North Carolina. With the national average at $0.13/kw and North Carolina’s average at $0.12/kw, taking into account these lower-than-average electricity costs, investing in solar panels can lead to significant long-term savings for Advance homeowners.
When could you expect to break even on a solar installation in Advance North Carolina?
Considering the weather and electricity costs in Advance, North Carolina, 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:
- Advance, North Carolina receives slightly more precipitation than the national average, but it still has enough sunny days for solar panels to work effectively.
- The UV ratings in Advance are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Advance is slightly lower than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Advance, North Carolina 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 need to purchase from the grid.
- With lower electricity rates in Advance, the savings will still add up over time.
After analyzing the numbers, it appears that it would take approximately 4-5 years to cover the initial cost of the solar panels. This means that after 4-5 years, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, with the long lifespan of solar panels, you’ll continue to benefit from these savings for many years to come. Investing in solar energy is a smart way to save money and contribute to a more sustainable future!
Investing in solar power in Advance North Carolina
After analyzing the weather trends and electricity costs in Advance, North Carolina, it is clear that installing solar panels could be a wise financial decision for residents. With ample sunlight, lower-than-average electricity costs, and the potential to break even on the investment in just 4-5 years, solar panels offer both short-term and long-term benefits. By investing in solar energy, homeowners in Advance can save money on their electricity bills and contribute to a more sustainable future. Take advantage of the weather conditions and cost savings – consider installing solar panels on your home today!