Overview
This article will show you why installing solar panels on your Bloomfield Missouri home can save you money in the long run. By analyzing weather data and electricity costs specific to your area, we will break down the cost of a solar system and estimate how long it will take for you to break even on your investment. With the financial benefits in mind, you can make an informed decision on whether solar panels are the right choice for you.
Bloomfield Missouri Weather Trends
Bloomfield Precipitation
With Bloomfield Missouri receiving 56.54 inches of precipitation in the last year, you can take advantage of the ample sunlight to generate clean energy with solar panels. Compared to the rest of the country, Bloomfield is in the 63rd percentile, showing a favorable climate for solar energy production. In Missouri, Bloomfield ranks even higher at the 92nd percentile, making it an ideal location for harnessing solar power.
Bloomfield’s UV Rating
Bloomfield Missouri boasts an average UV rating of 4.73, placing it in the 71st percentile nationally and the 80th percentile within Missouri. These UV levels are conducive to efficient solar panel performance, offering a great opportunity to lower your electricity bills while reducing your carbon footprint. Compared to the national average of 4.29, Bloomfield’s UV rating is optimal for solar energy production.
Bloomfield’s Cloud Cover
With an average of 40% cloud cover in the last year, Bloomfield Missouri provides a favorable environment for solar panel installation. Ranking in the 27th percentile nationally and the 78th percentile in Missouri, Bloomfield offers clear skies for solar energy generation. With a significant number of days featuring minimal cloud cover, you can maximize your solar energy output and savings throughout the year.
Bloomfield Missouri Electricity Costs
At $0.11/kw for residential electricity, Bloomfield Missouri residents have the advantage of lower electricity costs compared to the national average of $0.13/kw. With Bloomfield’s electricity prices aligning with the Missouri average, switching to solar power can offer substantial savings in the long run. By generating your electricity through solar panels, you can protect yourself from future utility rate increases and enjoy a more sustainable lifestyle.
When could you expect to break even on a solar installation in Bloomfield Missouri?
Considering the weather and electricity costs in Bloomfield Missouri, 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:
- Bloomfield Missouri receives slightly more precipitation than the national average, but still has enough sunny days for solar panels to be effective.
- The UV ratings in Bloomfield Missouri are higher than the national average, which is great for generating solar power.
- Cloud cover in Bloomfield Missouri is slightly below the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Bloomfield Missouri pay less for electricity compared to the national average, which is a positive factor for solar panel investment.
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 need to purchase electricity from the grid.
- With lower electricity rates in Bloomfield Missouri, the savings may not be as significant as in areas with higher rates, but it still adds up over time.
After analyzing the data, it appears that it could take around 8-10 years to cover the initial cost of the solar panels in Bloomfield Missouri. This means that after this period, the savings from reduced electricity bills will start to accumulate and pay off the investment. Since solar panels have a long lifespan, the savings will continue for many years beyond the breakeven point. Investing in solar panels is a wise choice for saving money and contributing to a cleaner environment.
Investing in solar power in Bloomfield Missouri
Installing solar panels in Bloomfield Missouri can be a smart financial decision for homeowners. With favorable weather conditions and lower electricity costs compared to the national average, solar energy can offer significant long-term savings. By breaking even on the initial investment in around 8-10 years, residents can enjoy years of reduced electricity bills and a more sustainable lifestyle. Making the switch to solar power is a wise choice for both your wallet and the environment.