Overview
In Arrington, Tennessee, installing solar panels on your home can lead to significant financial savings over time. By analyzing weather data and electricity costs specific to the area, we can provide you with a clear breakdown of the costs involved and estimate how long it will take for you to break even on your investment. With ample sunny days throughout the year and rising electricity prices, making the switch to solar power can be a wise decision for both your wallet and the environment.
Arrington Tennessee Weather Trends
Arrington Precipitation
With Arrington, Tennessee receiving 60.87 inches of precipitation in the last year, it is clear that the area sees more rainfall compared to the national average of 50.61 inches. However, when looking at Tennessee’s average of 58.16 inches, Arrington is just slightly above it. Despite the higher rainfall, installing solar panels can still be a financially beneficial decision due to the ample sunshine the area receives.
Arrington’s UV Rating
Arrington, Tennessee had an average UV rating of 4.75 in the last year, which is higher than the national average of 4.29 and Tennessee’s average of 4.65. Additionally, the average max UV rating in Arrington was 5.13, surpassing the national average of 4.61 and Tennessee’s average of 4.99. This means that installing solar panels in Arrington can be very efficient in harnessing the abundant sunlight for energy production.
Arrington’s Cloud Cover
Despite having an average cloud cover of 44% in the last year, Arrington, Tennessee is still in a good position for solar energy generation. When compared to the national average of 44.46% and Tennessee’s average of 43.78%, Arrington’s cloud cover is quite comparable. Additionally, with a significant number of days having lower cloud cover percentages, there are plenty of opportunities for solar panels to generate electricity efficiently.
Arrington Tennessee Electricity Costs
Arrington, Tennessee residents pay about $0.1/kw for electricity, which is lower than the national average of $0.13/kw but slightly higher than Tennessee’s average of $0.11/kw. Despite being in the 10th percentile in the nation and the 2nd percentile in Tennessee for electricity costs, installing solar panels can still result in substantial savings in the long run due to the high potential for solar energy production in Arrington.
When could you expect to break even on a solar installation in Arrington Tennessee?
Considering the weather and electricity costs in Arrington Tennessee, 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:
- Arrington Tennessee gets more precipitation than the national average, but it still has good sunlight for solar panels to work effectively.
- The UV ratings in Arrington Tennessee are higher than the national average, making it a suitable location for generating solar power.
- Cloud cover in Arrington Tennessee is slightly below the national average, with varying degrees of cloud cover throughout the year.
Now, let’s consider the electricity costs:
- Residents in Arrington Tennessee pay less for electricity compared to the national average, making solar power a cost-effective option for long-term savings.
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, providing long-term benefits for the investment.
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:
- By generating electricity from solar panels, residents can reduce their reliance on the grid and save money on electricity bills.
- With lower electricity rates in Arrington Tennessee, the savings from solar power are even more significant over time.
After analyzing the data, it appears that it would take approximately 8 years to cover the initial cost of the solar panels in Arrington Tennessee. This means that after 8 years, the savings on electricity bills will begin to accumulate and pay off the investment. Since solar panels have a lifespan of 25 to 30 years, residents can continue enjoying these savings for many years beyond the break-even point. Investing in solar power is not only a smart financial decision but also a sustainable choice for the environment.
Investing in solar power in Arrington Tennessee
Installing solar panels in Arrington, Tennessee is a smart financial and environmentally friendly decision. With abundant sunlight, higher UV ratings, and slightly above-average cloud cover, solar panels can efficiently generate electricity in this area. Despite electricity costs being lower than the national average, residents can expect to break even on their investment in solar panels in approximately 8 years. This means that after this initial period, savings on electricity bills will start to accumulate, providing long-term financial benefits. Investing in solar power not only saves money but also contributes to a sustainable future for both residents and the environment.