Overview
In Altus, Arkansas, installing solar panels on your home is a smart financial decision that can save you money in the long run. By analyzing weather data and basic electricity costs, we can show you how investing in a solar system can help you break even and start saving on your energy bills. With plenty of sunshine, low cloud cover, and high UV ratings, Altus offers ideal conditions for harnessing solar power and reaping the benefits of renewable energy.
Altus Arkansas Weather Trends
Altus Precipitation
With Altus, Arkansas receiving 65.62 inches of precipitation in the last year, it is clear that the area experiences above-average rainfall. Compared to the national average of 50.61 inches and Arkansas’s average of 54.5 inches, Altus stands out as a location with more rainy days. By harnessing solar power, residents can reduce reliance on traditional energy sources affected by unpredictable weather patterns, saving money in the long run.
Altus’s UV Rating
Altus, Arkansas boasts an average UV rating of 5.01 in the last year, placing it in the 78th percentile in the nation and the 42nd percentile in Arkansas. With a higher UV rating than the national average of 4.29, Altus offers ideal conditions for solar energy production. By installing solar panels, residents can take advantage of the abundant sunshine and lower their carbon footprint while enjoying significant long-term savings on energy bills.
Altus’s Cloud Cover
Altus, Arkansas experiences an average cloud cover of 41%, which is below the national average of 44.46%. With 138 days of clear skies (0-25% cloud cover) in the last year, Altus provides ample sunlight for solar panel efficiency. By investing in solar energy, residents can seize the opportunity to harness clean, renewable power and reduce their environmental impact while enjoying reliable energy production throughout the year.
Altus Arkansas Electricity Costs
Residents of Altus, Arkansas pay approximately $0.1/kw for electricity, making it one of the more affordable areas in the nation for residential energy. Compared to the national average of $0.13/kw and Arkansas’s average of $0.11/kw, Altus offers cost-effective electricity rates. By switching to solar power, residents can lock in lower energy costs and protect themselves from potential future electricity price hikes, ultimately saving money and supporting sustainability.
When could you expect to break even on a solar installation in Altus Arkansas?
Considering the weather and electricity costs in Altus Arkansas, 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:
- Altus Arkansas receives more precipitation than the national average, but it still has enough sunshine for solar panels to be effective.
- The UV ratings in Altus Arkansas are higher than the national average, making it a good location for generating solar power.
- Altus Arkansas has slightly less cloud cover than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Altus Arkansas pay 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 amount needed from the grid.
- With lower electricity rates in Altus Arkansas, the savings are still significant.
After analyzing the data, it appears that it would take around 4-6 years to cover the initial cost of the solar panels. This means that after 4-6 years, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, considering the long lifespan of solar panels, the savings will continue for many years beyond the break-even point. Investing in solar energy is not only a smart financial decision but also a sustainable choice that benefits both the individual and the environment.
Investing in solar power in Altus Arkansas
Overall, installing solar panels in Altus, Arkansas can be a wise financial move that offers both short-term savings and long-term benefits. With above-average precipitation but plentiful sunshine, high UV ratings, and below-average cloud cover, Altus provides optimal conditions for harnessing solar power. Additionally, with affordable electricity costs compared to the national average, residents can expect to break even on their investment within 4-6 years, ultimately saving money and supporting sustainability. By making the switch to solar energy, individuals in Altus can not only reduce their energy bills but also lower their carbon footprint and enjoy reliable energy production for years to come.