Overview
In Akron, Iowa, installing solar panels on your home can lead to significant financial savings over time. By analyzing weather data and electricity costs, we can estimate how quickly you can recoup the initial investment in a solar system. With the average max UV rating, average UV rating, and percentage cloud cover taken into consideration, you can see how much energy your panels will generate throughout the year. This data, combined with the cost of electricity in Akron, allow us to calculate how long it will take for your solar investment to pay for itself.
Akron Iowa Weather Trends
Akron Precipitation
With Akron Iowa receiving 32.51 inches of precipitation in the last year, it is in the 15th percentile in the nation and the 13th percentile in Iowa. Comparing this to the national average of 50.61 inches and Iowa’s average of 36.9 inches, Akron’s lower precipitation levels make it an ideal location for solar energy generation.
Akron’s UV Rating
Having an average UV rating of 4.08 in the last year, Akron Iowa ranks in the 49th percentile in the nation and the 62nd percentile in Iowa. With the national average at 4.29 and Iowa’s average at 4.06, Akron’s UV exposure is sufficiently high for effective solar panel performance. Additionally, Akron’s average max UV rating of 4.39 further highlights its potential for solar energy production.
Akron’s Cloud Cover
At an average of 41% cloud cover in the last year, Akron Iowa falls in the 31st percentile in the nation and the 19th percentile in Iowa. In comparison, the national average for cloud cover is 44.46% and Iowa’s average is 42.8%. With a substantial number of days featuring low cloud cover percentages, Akron offers a favorable environment for consistent solar panel efficiency.
Akron Iowa Electricity Costs
Residents of Akron Iowa pay about $0.1/kw for electricity, placing the town in the 6th percentile in the nation and the 3rd percentile in Iowa. Compared to the national average of $0.13/kw and Iowa’s average of $0.13/kw, Akron’s lower electricity costs not only save residents money in the long term, but also make solar panel installation a more financially attractive investment.
When could you expect to break even on a solar installation in Akron Iowa?
Considering the weather and electricity costs in Akron, Iowa, 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:
- Akron, Iowa receives less precipitation compared to the national average, making it a good location for solar panels.
- The UV ratings in Akron, Iowa are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Akron, Iowa is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Akron, Iowa pay less for electricity compared to the national average, which is beneficial for using solar power.
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 solar system generates electricity, reducing the need to purchase electricity from the grid.
- With Akron, Iowa’s lower electricity rates, the savings from using solar power are significant.
After analyzing the data, it appears that it would take approximately 5 years to cover the initial cost of the solar panels. Starting from the 6th year, the money saved on electricity bills will begin to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, you will continue to benefit from these savings for many more years. It’s a wise financial decision that also contributes to a cleaner environment!
Investing in solar power in Akron Iowa
Installing solar panels in Akron, Iowa is a smart financial decision that can bring long-term benefits. By taking into account the weather data and electricity costs in the area, we can estimate that it would take around 5 years to recoup the initial investment in solar panels. With lower precipitation levels, suitable UV ratings, and favorable cloud cover percentages, Akron provides an ideal environment for solar energy generation. Additionally, the lower electricity costs in Akron make using solar power even more cost-effective. Overall, investing in solar panels not only saves money but also contributes to a more sustainable future.