Overview
In Auburn Hills, Michigan, installing solar panels on your home can save you a significant amount of money in the long run. By analyzing weather data and electricity costs specific to Auburn Hills, it is clear that solar energy is a wise investment. This article will provide a breakdown of the costs associated with installing a solar system, as well as an estimate of how long it will take for you to break even on your investment. The financial benefits of going solar in Auburn Hills are not to be underestimated.
Auburn Hills Michigan Weather Trends
Auburn Hills Precipitation
In the last year Auburn Hills Michigan received 43.89 inches of precipitation, ranking it in the 35th percentile in the nation and the 51st percentile in Michigan. While Auburn Hills may not see as much precipitation as the national average of 50.61 inches, it is on par with Michigan’s average of 44.01 inches.
Auburn Hills’s UV Rating
With an average UV rating of 3.46, Auburn Hills is in the 17th percentile nationally and the 50th percentile in Michigan. Although its UV rating is slightly lower than the national average of 4.29, it is comparable to Michigan’s average of 3.43. Additionally, Auburn Hills experiences an average max UV rating of 3.7, putting it in the 23rd percentile nationally and the 61st percentile in Michigan.
Auburn Hills’s Cloud Cover
On average, Auburn Hills Michigan had a cloud cover of 54% in the last year, ranking it in the 87th percentile nationally and the 69th percentile in Michigan. While Auburn Hills experiences more cloud cover than the national average of 44.46%, it is slightly lower than Michigan’s average of 52.98%. The variation in cloud cover allows for a balance of sunny and cloudy days throughout the year.
Auburn Hills Michigan Electricity Costs
Residents of Auburn Hills pay approximately $0.17/kw for electricity, placing them in the 96th percentile nationally and the 80th percentile in Michigan. While this cost is higher than the national average of $0.13/kw, it is in line with Michigan’s average of $0.16/kw. By installing solar panels, Auburn Hills residents can significantly reduce their electricity expenses over time.
When could you expect to break even on a solar installation in Auburn Hills Michigan?
Considering the weather and electricity costs in Auburn Hills, Michigan, 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:
- Auburn Hills receives slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings are lower than the national average, but still suitable for generating solar power effectively.
- Cloud cover in Auburn Hills is slightly higher than the national average, varying throughout the year.
Now, let’s consider the electricity costs:
- Residents in Auburn Hills pay more 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, especially with Auburn Hills’ higher electricity rates.
After calculating the numbers, it seems that it would take around 6-7 years to cover the initial cost of the solar panels. This means that after 6-7 years, the savings on electricity bills will start to accumulate and pay off the investment. Additionally, considering the long lifespan of solar panels, you can enjoy these savings for many years beyond the break-even point. Investing in solar panels is not only a smart financial decision but also a step towards sustainable and environmentally friendly energy use.
Investing in solar power in Auburn Hills Michigan
With the analysis of weather data and electricity costs specific to Auburn Hills, Michigan, it is evident that investing in solar panels for your home can lead to significant long-term savings. Despite receiving slightly less precipitation and having lower UV ratings compared to national averages, Auburn Hills offers suitable conditions for generating solar power effectively. Additionally, even with higher electricity costs in Auburn Hills, residents can still benefit financially from installing solar panels, with an estimated break-even time of 6-7 years. This smart financial decision not only saves money but also contributes to a sustainable and environmentally friendly energy future.