Overview
In Asbury, Missouri, installing solar panels on your home can help you save money on electricity costs and potentially even make a profit in the long run. By utilizing data on local weather patterns and electricity rates, we will break down the financial benefits of investing in a solar system for your home. We will show you how much money you can save on your electricity bill over time and estimate how long it will take for your solar investment to pay for itself. Let’s explore the financial advantages of going solar in Asbury, Missouri.
Asbury Missouri Weather Trends
Asbury Precipitation
With Asbury, Missouri receiving 56.15 inches of precipitation in the last year, residents can take advantage of this natural resource to power their solar panels. Compared to the national average of 50.61 inches, Asbury is above average, positioning itself in the 62nd percentile in the country. Additionally, Asbury surpasses Missouri’s average of 47.04 inches, ranking in the 91st percentile statewide. Embracing this higher level of precipitation can lead to increased energy production from solar panels, ultimately saving residents money in the long run.
Asbury’s UV Rating
With an average UV rating of 4.79 in Asbury, Missouri, residents can benefit from the abundant sunshine that the area receives. Compared to the national average of 4.29, Asbury ranks in the 73rd percentile, showcasing the ample sunlight available for solar energy generation. Additionally, surpassing Missouri’s average UV rating of 4.59, Asbury residents have a prime opportunity to harness solar power efficiently. The high max UV rating of 5.24 further solidifies Asbury’s potential for optimal solar energy production.
Asbury’s Cloud Cover
Asbury, Missouri experiences an average cloud cover of 37%, providing residents with mostly clear skies to capture sunlight for their solar panels. Ranking in the 17th percentile nationally and the 12th percentile within Missouri, Asbury’s relatively low cloud cover makes it an ideal location for maximizing solar energy generation. With 153 days of minimal cloud cover, residents have ample opportunity to harness the sun’s energy efficiently and effectively throughout the year.
Asbury Missouri Electricity Costs
Residents of Asbury, Missouri pay approximately $0.13/kw for electricity, making it an advantageous location for installing solar panels to offset these costs. Positioned in the 80th percentile nationally and the 99th percentile within Missouri, Asbury’s electricity rates are higher than the national average of $0.13/kw. By transitioning to solar energy, residents can reduce their reliance on traditional electricity sources and potentially save money in the long term, especially when considering Missouri’s average residential electricity cost of $0.11/kw.
When could you expect to break even on a solar installation in Asbury Missouri?
Considering the weather and electricity costs in Asbury Missouri, 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:
- Asbury Missouri receives slightly more precipitation than the national average but still has enough sunlight for solar panels to work effectively.
- The UV ratings in Asbury Missouri are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Asbury Missouri is lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Asbury Missouri pay about the national average for electricity, which is $0.13/kw.
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 electricity costs at $0.13/kw in Asbury Missouri, the savings are substantial.
After performing the calculations, it appears that it would take approximately 5 years to recuperate the initial cost of the solar panels. Once this period is over, the money saved on electricity bills will accumulate and pay off the investment. Additionally, the longevity of solar panels means that these savings will continue for many more years. This investment not only offers financial benefits but also contributes to environmental conservation by using renewable energy sources.
Investing in solar power in Asbury Missouri
Installing solar panels in Asbury, Missouri can be a great financial decision in the long run. With above-average precipitation, ample sunlight, and low cloud cover, residents have ideal conditions for maximizing solar energy generation. Furthermore, with electricity costs slightly higher than the national average, transitioning to solar power can lead to significant savings over time. Based on our calculations, it would take around 5 years to break even on the initial investment in solar panels. After this period, residents can enjoy ongoing savings and environmental benefits from utilizing renewable energy. Investing in solar power in Asbury, Missouri is a smart choice for both your wallet and the planet.