Overview
If you live in Burbank, California, you may be wondering if installing solar panels on your home is a smart financial decision. In this article, we will break down the costs of a solar system, estimate how long it will take to break even, and highlight the significant savings you can achieve. By analyzing weather data and electricity costs specific to Burbank, we aim to show you the financial benefits of going solar in your area.
Burbank California Weather Trends
Burbank Precipitation
With Burbank receiving 28.01 inches of precipitation in the last year, it falls below the national average of 50.61 inches but slightly above California’s average of 31.54 inches. Despite being in the 10th percentile in the nation, Burbank is still in the 59th percentile in California for total precipitation.
Burbank’s UV Rating
Burbank’s average UV rating of 5.31 in the last year places it in the 85th percentile in the nation and the 76th percentile in California. The significant sun exposure in Burbank, with an average max UV rating of 5.87, which is in the 75th percentile in the nation and the 74th percentile in California, makes it a prime location for solar energy production.
Burbank’s Cloud Cover
With an average of 23% cloud cover in the last year, Burbank stands in the 3rd percentile in the nation and the 19th percentile in California. Compare this to the national average of 44.46% and California’s average of 31.53%, and it’s clear that Burbank enjoys plenty of sunny days, ideal for harnessing solar energy for your home.
Burbank California Electricity Costs
Residents in Burbank pay about $0.19/kw for electricity, ranking in the 98th percentile in the nation and the 55th percentile in California. Although higher than the national average of $0.13/kw, Burbank’s electricity costs are lower than California’s average of $0.21/kw. By installing solar panels, you can significantly reduce your electricity bills and take advantage of Burbank’s sunny climate to generate your own clean energy.
When could you expect to break even on a solar installation in Burbank California?
Considering the weather and electricity costs in Burbank, California, 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:
- Burbank gets less rain than the national average, making it a suitable location for solar panels.
- The UV ratings in Burbank are higher than the national average, which is great for generating solar power efficiently.
- Cloud cover in Burbank is below the national average, with many days having clear skies which is ideal for solar energy production.
Now, let’s consider the electricity costs:
- Residents in Burbank pay slightly more for electricity compared to the national average, at $0.19/kw.
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 solar system will generate electricity, reducing the need to buy as much from the grid, especially with Burbank’s higher electricity rates.
After crunching the numbers, it looks like it would take around 7 to 9 years to cover the initial cost of the solar panels. This means that after that period, the money saved on electricity bills will start to exceed the initial investment. It’s a smart financial choice that also helps contribute to a cleaner environment. Plus, the solar panels will continue to provide savings for many years thereafter.
Investing in solar power in Burbank California
Installing solar panels in Burbank, California can be a smart financial decision. With the city’s low precipitation, high UV ratings, and minimal cloud cover, solar energy production is efficient and effective. Additionally, Burbank’s electricity costs, although slightly higher than the national average, can be offset by the savings from using solar power. By investing in a standard solar system, it is estimated that you could break even in around 7 to 9 years. Not only does this save you money in the long run, but it also contributes to a cleaner environment. Overall, going solar in Burbank is a wise choice financially and environmentally.