Overview
Are you looking to save money on your electricity bill? Installing solar panels on your home in Atkins, Arkansas could be a smart financial decision. By analyzing weather data and electricity costs, we can show you how a solar system can help you break even in a reasonable amount of time. Let’s take a closer look at the numbers to see how much you could save by going solar.
Atkins Arkansas Weather Trends
Atkins Precipitation
With Atkins Arkansas receiving 65.38 inches of precipitation in the last year, it is clear that the area experiences a significant amount of rainfall. Compared to the national average of 50.61 inches, Atkins ranks in the 81st percentile across the nation. In Arkansas, Atkins is in the 94th percentile for total precipitation. This abundance of rainfall can be harnessed to help power solar panels, making it a lucrative option for residents.
Atkins’s UV Rating
Atkins Arkansas had an average UV rating of 5.07 in the last year, placing it in the 80th percentile in the nation. Compared to the national average of 4.29, Atkins enjoys higher levels of sunlight exposure. Although it ranks lower in Arkansas at the 52nd percentile, the abundant sunlight in Atkins makes it an ideal location for solar panel installation. With an average max UV rating of 5.6, residents can benefit from ample sunshine to generate their own electricity.
Atkins’s Cloud Cover
With an average of 41% cloud cover in the last year, Atkins Arkansas ranks in the 33rd percentile in the nation. Despite being in the 94th percentile within Arkansas, Atkins experiences slightly less cloud cover compared to the national average of 44.46%. With a substantial number of clear days to capture sunlight, residents have the opportunity to maximize their solar energy generation potential. By taking advantage of days with minimal cloud cover, Atkins residents can significantly reduce their reliance on traditional grid electricity.
Atkins Arkansas Electricity Costs
Atkins Arkansas residents pay about $0.11/kw for electricity, which is in the 25th percentile nationally. Comparatively, the national average for residential electricity is $0.13/kw. However, in Arkansas, Atkins is in the 67th percentile for electricity costs. By adopting solar panels, residents can offset their electricity expenses and ultimately save money in the long run. With competitive electricity rates, going solar in Atkins is not only environmentally friendly but also financially advantageous.
When could you expect to break even on a solar installation in Atkins Arkansas?
Considering the weather and electricity costs in Atkins, 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:
- Atkins gets more precipitation than the national average, but it still has enough sunshine for solar panels to be effective.
- The UV ratings in Atkins are higher than the national average, which is great for generating solar power.
- Cloud cover in Atkins is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Atkins pay slightly less for electricity compared to the national average, which is a positive factor for savings with solar panels.
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 and saving money on electricity bills.
- With Atkins’ lower electricity rates, the savings may take slightly longer to recoup the initial cost of the solar panels.
Based on the data provided, it is estimated that it would take around 7-8 years to cover the initial cost of the solar panels in Atkins, Arkansas. After that initial period, the savings on electricity bills will start to accumulate and make the investment worthwhile. Plus, with solar panels lasting for 25-30 years, the long-term benefits are significant. It’s a wise choice for both financial savings and environmental impact!
Investing in solar power in Atkins Arkansas
With favorable weather conditions and lower electricity costs, installing solar panels in Atkins, Arkansas could lead to significant financial savings over time. By breaking down the numbers, it is estimated that residents could recoup the initial cost of the solar system in about 7-8 years. Beyond that point, the savings on electricity bills will continue to accumulate, making the investment in solar panels a smart decision for both financial and environmental reasons. Considering the data on weather trends and electricity costs, going solar in Atkins is a wise choice for those looking to save money in the long run.