Overview
In Bolivar, Missouri, installing solar panels on your home can save you money in the long run. By analyzing weather data and electricity costs in the area, we have determined that the financial benefits of investing in solar energy are significant. This article breaks down the cost of a solar system and estimates how long it will take for you to break even, ultimately showing you how much you can save by making the switch to solar power.
Bolivar Missouri Weather Trends
Bolivar Precipitation
With Bolivar Missouri receiving 47.95 inches of precipitation in the last year, it is clear that the area experiences a moderate amount of rainfall. Compared to the rest of the nation, Bolivar falls slightly below the average of 50.61 inches. However, within Missouri, Bolivar is right in line with the state average of 47.04 inches. This means that Bolivar’s climate is suitable for harnessing solar energy, as occasional rain can help keep solar panels clean and efficient.
Bolivar’s UV Rating
Bolivar Missouri boasts an average UV rating of 4.63, which indicates a moderate amount of sunlight exposure throughout the year. When compared to the national average of 4.29, and the Missouri average of 4.59, Bolivar ranks relatively high. Additionally, with an average max UV rating of 5.07, Bolivar experiences plenty of sunlight that can be harnessed for solar energy. This ample sunlight makes Bolivar a prime location for solar panel installation.
Bolivar’s Cloud Cover
Over the course of the last year, Bolivar Missouri had an average of 38% cloud cover. This places Bolivar below the national average of 44.46% and just slightly under Missouri’s average of 39.07%. With 153 days of minimal cloud cover, Bolivar experiences plenty of clear days perfect for solar energy production. The low cloud cover percentage means that Bolivar residents can rely on consistent sunlight for their solar panels to generate electricity efficiently.
Bolivar Missouri Electricity Costs
Residents in Bolivar Missouri pay around $0.12 per kilowatt-hour for electricity, which is lower than the national average of $0.13/kw. Compared to the Missouri average of $0.11/kw, Bolivar’s electricity costs fall right in the middle. By installing solar panels, Bolivar residents can take advantage of the abundant sunlight in the area to generate their electricity, significantly reducing their reliance on the grid and saving money on their monthly utility bills.
When could you expect to break even on a solar installation in Bolivar Missouri?
Considering the weather and electricity costs in Bolivar 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:
- Bolivar Missouri receives slightly less precipitation than the national average, making it suitable for solar panels.
- The UV ratings in Bolivar Missouri are higher than the national average, which is great for generating solar power efficiently.
- Cloud cover in Bolivar Missouri is lower than the national average, indicating good sunlight exposure for solar panels.
Now, let’s consider the electricity costs:
- Residents in Bolivar Missouri pay slightly less for electricity compared to the national average, which can affect the savings from solar power.
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 from the grid.
- Considering Bolivar Missouri’s electricity rates, the savings from using solar power can be significant.
After analyzing the data, it seems that it would take approximately 6 to 7 years to cover the initial cost of the solar panels in Bolivar Missouri. This means that after that period, the savings on electricity bills will begin to accumulate and offset the investment. The long lifespan of solar panels ensures that you can enjoy these savings for many years, making it a wise financial and environmental choice.
Investing in solar power in Bolivar Missouri
Installing solar panels in Bolivar, Missouri can be a smart financial investment. By analyzing the weather trends and electricity costs in the area, it is clear that residents can save money in the long run by switching to solar energy. With lower-than-average precipitation, ample sunlight exposure, minimal cloud cover, and reasonable electricity rates, Bolivar is an ideal location for harnessing solar power. By breaking down the costs and estimating the break-even point for a standard solar system, it is evident that investing in solar panels can lead to significant savings over time. Making the switch to solar energy not only benefits your wallet but also the environment, making it a wise choice for Bolivar residents.