Overview
In Big Rock, Tennessee, installing solar panels on your home can significantly reduce your electricity costs over time. By analyzing weather data and electricity rates specific to the area, we have estimated the cost of a solar system and calculated the potential break-even point. With plenty of sunshine throughout the year and increasing electricity rates, investing in solar panels could be a smart financial decision for Big Rock residents.
Big Rock Tennessee Weather Trends
Big Rock Precipitation
With 57.57 inches of precipitation in the last year, Big Rock Tennessee is in the 65th percentile in the nation and the 52nd percentile in Tennessee. Comparatively, the national average for total precipitation is 50.61 inches, while Tennessee’s average is slightly higher at 58.16 inches. Investing in solar panels can take advantage of this rainfall to help power your home.
Big Rock’s UV Rating
Big Rock Tennessee had an average UV rating of 4.69 in the last year, placing it in the 70th percentile in the nation and the 61st percentile in Tennessee. This is higher than the national average of 4.29 and slightly above Tennessee’s average of 4.65. With plenty of sunny days, installing solar panels can make use of this natural resource to generate electricity for your home.
Big Rock’s Cloud Cover
Despite having an average cloud cover of 45%, Big Rock Tennessee is in the 53rd percentile in the nation and the 70th percentile in Tennessee. The national average for cloud cover is 44.46%, and Tennessee’s average is even lower at 43.78%. With a significant number of days with clear skies, solar panels in Big Rock can capture more sunlight to convert into energy for your household needs.
Big Rock Tennessee Electricity Costs
Big Rock Tennessee residents pay about $0.11/kw for electricity, placing them in the 40th percentile in the nation and the 80th percentile in Tennessee. Compared to the national average of $0.13/kw, Big Rock’s electricity costs are slightly lower, aligning with the state average of $0.11/kw. By investing in solar panels, you can reduce your reliance on traditional electricity sources and save money on your energy bills over time.
When could you expect to break even on a solar installation in Big Rock Tennessee?
Considering the weather and electricity costs in Big Rock 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:
- Big Rock Tennessee receives slightly more precipitation than the national average, but the area still gets enough sunlight for solar panels to be effective.
- The UV ratings in Big Rock Tennessee are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Big Rock Tennessee is about average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Big Rock Tennessee pay less for electricity compared to the national average, which is beneficial for the cost-effectiveness of 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 purchased from the grid and resulting in savings on electricity bills.
- With the lower electricity rates in Big Rock Tennessee, the savings are favorable for the return on investment.
After crunching the numbers, it looks like it would take around 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years beyond that initial period. Investing in solar power is a smart way to save money and contribute to a more sustainable future.
Investing in solar power in Big Rock Tennessee
Considering the weather trends in Big Rock, Tennessee, and the electricity costs in the area, it is evident that investing in solar panels can be a financially wise decision for residents. With ample sunshine, higher UV ratings, and slightly lower electricity costs compared to the national average, solar panels can effectively generate electricity and lead to significant savings over time. Based on our calculations, the break-even point for a standard 10kW solar system in Big Rock is estimated to be around 6 years. This means that after 6 years, the initial investment will have paid off through savings on electricity bills. Beyond the break-even point, residents can continue to benefit from reduced energy costs and contribute to a more sustainable future by harnessing solar power.