Overview
Decide On Solar offers valuable information for Campton Kentucky residents interested in saving money on their electricity bills by installing solar panels on their homes. By analyzing weather data and electricity costs specific to Campton, we will demonstrate how much money can be saved over time and estimate how long it will take to break even on the investment in a solar system. This article will focus on the financial benefits of going solar and provide a clear breakdown of the costs involved.
Campton Kentucky Weather Trends
Campton Precipitation
With Campton Kentucky receiving 55.68 inches of precipitation in the last year, it’s clear that the area experiences a fair amount of rain. However, compared to the national average of 50.61 inches, Campton is slightly above average, ranking in the 61st percentile nationwide. When looking at Kentucky specifically, Campton falls in the 63rd percentile, higher than the state’s average of 54.69 inches. Despite the precipitation, solar panels can still be a valuable investment for Campton residents looking to save on electricity costs in the long run.
Campton’s UV Rating
Campton Kentucky had an average UV rating of 4.42 in the last year, ranking the area in the 62nd percentile nationally and the 74th percentile within Kentucky. This means that Campton receives a moderate amount of UV exposure, making it a suitable location for solar panel installation. Additionally, with an average max UV rating of 4.79, Campton surpasses both the national and state averages. These favorable UV ratings make solar energy production an attractive option for Campton residents.
Campton’s Cloud Cover
Campton Kentucky experiences an average of 48% cloud cover, placing it in the 66th percentile nationwide and the 83rd percentile within Kentucky. Despite having a significant amount of cloudy days, Campton still has ample sunlight for effective solar panel operation. With 90 days of clear skies and 100 days of partially cloudy weather, there are plenty of opportunities for solar panels to generate electricity. Overall, the cloud cover in Campton does not hinder the benefits of investing in solar energy.
Campton Kentucky Electricity Costs
Residents of Campton Kentucky pay around $0.11 per kilowatt-hour for electricity, which is slightly below the national average of $0.13/kw. In comparison to the rest of Kentucky, Campton falls in the 68th percentile, showcasing the affordability of electricity in the area. By installing solar panels, residents can take advantage of these relatively low electricity costs and further decrease their monthly utility bills, ultimately saving money in the long term.
When could you expect to break even on a solar installation in Campton Kentucky?
Considering the weather and electricity costs in Campton Kentucky, 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:
- Campton Kentucky receives slightly more precipitation than the national average, but it still has enough sunshine for solar panels to be effective.
- The UV ratings in Campton Kentucky are slightly above the national average, which is good for generating solar power.
- Campton Kentucky has about average cloud cover compared to the rest of the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Campton Kentucky 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 need to buy as much from the grid.
- Given Campton Kentucky’s electricity rates, the savings are significant.
After doing the math, it appears that it would take approximately 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Keep in mind that solar panels have a long lifespan, so after that initial period, you’ll continue to enjoy those savings for many years. Investing in solar panels is a smart way to save money and contribute to environmental conservation concurrently!
Investing in solar power in Campton Kentucky
By analyzing the weather trends and electricity costs in Campton Kentucky, it is clear that investing in solar panels can lead to significant savings over time. With favorable UV ratings, moderate cloud cover, and relatively low electricity costs, residents can expect to break even on their investment in about 5 years. After that initial period, the savings on electricity bills will continue to accumulate, making solar panels a smart and cost-effective choice for Campton residents looking to save money and reduce their environmental impact.