Overview
Living in Bimble Kentucky, where the sun shines bright and the electricity cost can add up, installing solar panels on your home can be a smart financial move. By analyzing weather data and electricity costs specific to Bimble, we will show you how a solar system can help you save money in the long run. With the right information, you can decide if going solar is the right choice for your home and your wallet.
Bimble Kentucky Weather Trends
Bimble Precipitation
With Bimble Kentucky receiving 62.05 inches of precipitation in the last year, it is clear that the area has a plentiful amount of rain. This puts Bimble in the 75th percentile in the nation and the 89th percentile in Kentucky, showing that Bimble has above-average precipitation levels compared to the rest of the country and the state. By harnessing this natural resource, you can make the most out of the sunny days in between the rain showers.
Bimble’s UV Rating
Considering Bimble Kentucky’s average UV rating of 4.35 over the past year, it is evident that the area receives a good amount of sunlight. This UV rating places Bimble in the 60th percentile in the nation and the 59th percentile in Kentucky, indicating that there are plenty of sunny days to take advantage of. With a higher than average UV rating, solar panels in Bimble can generate more energy efficiently and effectively.
Bimble’s Cloud Cover
With an average of 48% cloud cover in the last year, Bimble Kentucky experiences a moderate amount of clouds. Bimble is in the 68th percentile in the nation and the 91st percentile in Kentucky for cloud cover, implying that there are many days with partially cloudy skies. This fluctuation in cloud cover can impact solar panel efficiency, so it’s important to consider when deciding to install solar panels in Bimble.
Bimble Kentucky Electricity Costs
Residents in Bimble Kentucky pay around $0.1/kw for electricity, which is lower than the national average of $0.13/kw. While Bimble is in the 16th percentile in the nation and the 27th percentile in Kentucky for electricity costs, the overall affordability of electricity in the area makes investing in solar panels a financially wise decision. By generating your own electricity, you can reduce your dependency on the grid and save money in the long run.
When could you expect to break even on a solar installation in Bimble Kentucky?
Considering the weather and electricity costs in Bimble Kentucky, 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:
- Bimble Kentucky received more precipitation than the national average, but there is still enough sunlight for solar panels to work effectively.
- The UV ratings in Bimble Kentucky are slightly above the national average, making it a good location for generating solar power.
- Cloud cover in Bimble Kentucky is slightly higher than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Bimble Kentucky pay less for electricity compared to the national average, making solar power a cost-effective option.
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 saving money in the long run.
- With lower electricity rates in Bimble Kentucky, the savings from solar power are significant.
After analyzing the data, it appears that it would take approximately 4-5 years to cover the initial cost of the solar panels in Bimble Kentucky. This means that after this period, the money saved on electricity bills will start to offset the investment. Considering that solar panels last for 25-30 years, the savings will continue for many years thereafter, providing a smart financial and environmental choice for residents of Bimble Kentucky.
Investing in solar power in Bimble Kentucky
Installing solar panels in Bimble Kentucky can be a smart financial decision, considering the area’s weather trends and electricity costs. With above-average precipitation, a good amount of sunlight, and lower electricity rates, residents can expect to break even on their investment in solar panels within 4-5 years. This initial cost will be offset by savings on electricity bills for many years to come, making solar power a wise choice for both your home and your wallet.