Overview
This article will show you why installing solar panels on your home in Bismarck, Arkansas is a smart financial decision. By analyzing weather data and electricity costs specific to our area, we will break down the cost of a solar system and estimate how long it will take for you to break even. With plenty of sunshine, low precipitation, and high UV ratings, Bismarck is the perfect location to harness the power of solar energy and save money on your electricity bills.
Bismarck Arkansas Weather Trends
Bismarck Precipitation
With Bismarck, Arkansas receiving only 27.21 inches of precipitation in the last year, it falls well below the national average of 50.61 inches and the state average of 54.5 inches. This means less rainwater to wash away potential dirt or debris on your solar panels, helping to maintain their efficiency for longer periods of time.
Bismarck’s UV Rating
Enjoying an average UV rating of 5.68, Bismarck outshines both the national average of 4.29 and the state average of 5.13. With an average max UV rating of 6.22, Bismarck’s sunny weather puts it in an advantageous position for harnessing solar energy, which can lead to significant savings on your electricity bill over time.
Bismarck’s Cloud Cover
With an average of 31% cloud cover in the last year, Bismarck experiences clearer skies compared to the national average of 44.46% and the state average of 38.77%. This means that your solar panels will have more access to direct sunlight, increasing their efficiency and ultimately helping you save more money on your energy costs.
Bismarck Arkansas Electricity Costs
Residents of Bismarck pay approximately $0.11/kw for electricity, which is below the national average of $0.13/kw. While it may be in the 91st percentile in Arkansas, this relatively low cost combined with the area’s sunny weather conditions makes investing in solar panels a financially smart decision that can lead to significant long-term savings on your electricity bills.
When could you expect to break even on a solar installation in Bismarck Arkansas?
Considering the weather and electricity costs in Bismarck 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:
- Bismarck Arkansas gets less precipitation compared to the national average, making it a good location for solar panels.
- The UV ratings in Bismarck Arkansas are higher than the national average, perfect for generating solar power efficiently.
- Cloud cover in Bismarck Arkansas is lower than the national average, providing more sunshine for solar panels to work effectively.
Now, let’s consider the electricity costs:
- Residents in Bismarck Arkansas pay slightly less 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 and saving money on electricity bills.
- With lower electricity costs in Bismarck Arkansas, the savings can add up over time.
After crunching the numbers, it looks like it would take around 8-10 years to cover the initial cost of the solar panels. This means that after 8-10 years, the savings on electricity bills will start to pay off the investment. Since solar panels last for 25-30 years, you’ll enjoy those savings for many years to come. Investing in solar panels is a smart way to save money and contribute to a greener environment!
Investing in solar power in Bismarck Arkansas
Installing solar panels on your home in Bismarck, Arkansas can prove to be a wise financial decision. By taking into account the weather data and electricity costs specific to the area, it is evident that Bismarck’s sunny weather conditions and relatively low electricity costs make investing in solar panels an advantageous choice. With an estimated break-even period of 8-10 years, the long-term savings on electricity bills and the environmental benefits make solar panel installation a smart choice for residents of Bismarck, Arkansas.