Overview
In Bradley, Arkansas, installing solar panels can save you money on your electricity bills in the long run. By analyzing local weather data and electricity costs, we can show you how a solar system can help you break even on your investment. With plenty of sunshine throughout the year and low average precipitation, the financial benefits of going solar in Bradley are clear. Let’s explore how you can start saving with solar panels on your home.
Bradley Arkansas Weather Trends
Bradley Precipitation
In the last year, Bradley Arkansas received 56.34 inches of precipitation, which is above the national average of 50.61 inches. Although Bradley falls in the 62nd percentile nationally and the 60th percentile within Arkansas, the relatively high amount of precipitation still provides an opportunity for solar energy generation.
Bradley’s UV Rating
Bradley Arkansas had an average UV rating of 5.5, placing it in the 89th percentile nationally and the 93rd percentile in Arkansas. With an average max UV rating of 5.96, Bradley also ranks well, suggesting ample sunlight for solar panel efficiency. Compared to the national average of 4.29, and the Arkansas average of 5.13, Bradley’s UV rating is conducive to solar energy production.
Bradley’s Cloud Cover
In the last year, Bradley Arkansas had an average of 39% cloud cover, lower than both the national average of 44.46% and Arkansas’s average of 38.77%. With numerous days having low cloud cover percentages, Bradley experiences favorable conditions for solar energy production throughout the year.
Bradley Arkansas Electricity Costs
Bradley residents pay about $0.11/kw for electricity, which is below the national average of $0.13/kw. While Bradley falls in the 22nd percentile nationally and the 56th percentile within Arkansas, the relatively low electricity costs combined with the abundant sunshine make installing solar panels a financially advantageous decision for homeowners in Bradley.
When could you expect to break even on a solar installation in Bradley Arkansas?
Considering the weather and electricity costs in Bradley 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:
- Bradley Arkansas receives more rainfall than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Bradley Arkansas are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Bradley Arkansas is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Bradley Arkansas pay 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, which means you won’t need to buy as much from the grid.
- Thanks to the lower electricity rates in Bradley Arkansas, the savings will accumulate over time.
After doing the calculations, it appears that it would take around 7 years to cover the initial cost of the solar panels. This means that after 7 years, the money saved on electricity bills will start to offset the investment. And remember, solar panels have a long lifespan, so beyond that period, you’ll continue to benefit from those savings for many years. It’s a wise financial decision that also contributes to environmental sustainability!
Investing in solar power in Bradley Arkansas
Installing solar panels in Bradley, Arkansas can be a smart investment for homeowners. With ample sunlight, low cloud cover, and below-average electricity costs, the financial benefits of going solar are clear. By analyzing the weather trends and electricity costs, we can see that it would take around 7 years to break even on the initial investment in solar panels. Beyond that, homeowners can continue to save money on electricity bills for many years to come. Not only does going solar make financial sense, but it also contributes to environmental sustainability in Bradley, Arkansas.