Overview
Living in Candler North Carolina, investing in solar panels for your home can lead to significant financial savings in the long run. By examining the weather patterns and electricity costs in the area, we can show you how installing a solar system can help you break even on your investment in a reasonable amount of time. This article will provide you with the necessary information to make an informed decision on whether solar panels are the right choice for you.
Candler North Carolina Weather Trends
Candler Precipitation
With 52.47 inches of precipitation in the last year, Candler North Carolina falls in the 53rd percentile nationally and the 5th percentile in the state. Compared to the national average of 50.61 inches and North Carolina’s average of 65.54 inches, Candler’s lower precipitation levels make it an ideal location for solar panel installation.
Candler’s UV Rating
In the last year, Candler North Carolina had an average UV rating of 4.09, placing it in the 49th percentile nationally and the 10th percentile in the state. Compared to the national average of 4.29 and North Carolina’s average of 4.72, Candler’s moderate UV levels provide ample sunlight for efficient solar energy production. With an average max UV rating of 4.38, Candler offers optimal conditions for solar panel performance.
Candler’s Cloud Cover
At an average of 47% cloud cover in the last year, Candler North Carolina ranks in the 62nd percentile nationally and the 88th percentile in the state. In comparison, the national average for cloud cover is 44.46%, and North Carolina’s average is 42.57%. With a significant number of clear days, Candler’s weather patterns are conducive to solar energy generation, maximizing your potential savings.
Candler North Carolina Electricity Costs
Residents of Candler North Carolina currently pay about $0.12/kw for electricity, positioning Candler in the 58th percentile nationally and the 59th percentile in the state. In contrast, the national average for residential electricity is $0.13/kw, and North Carolina’s average is also $0.12/kw. With electricity costs in Candler aligning with the state average, investing in solar panels can help you save on your utility bills and reduce your carbon footprint.
When could you expect to break even on a solar installation in Candler North Carolina?
Considering the weather and electricity costs in Candler North Carolina, 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:
- Candler North Carolina receives slightly more precipitation than the national average, but it still has enough sunlight for solar panels to work effectively.
- The UV ratings in Candler North Carolina are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Candler North Carolina is about average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Candler North Carolina pay about $0.12/kw for electricity, which is slightly lower than the national average of $0.13/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 system generates electricity, reducing the amount needed from the grid and saving money on electricity bills.
- With Candler North Carolina’s electricity costs, the savings are significant and will help recoup the initial investment faster.
After analyzing the numbers, it appears that it would take approximately 4-6 years to cover the initial cost of the solar panels. This means that, after this period, the savings on electricity bills will begin to accumulate and cover the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years, making it a wise financial and environmental decision!
Investing in solar power in Candler North Carolina
Investing in solar panels for your home in Candler North Carolina can be a wise decision for both your finances and the environment. With the optimal weather conditions and electricity costs in the area, you can expect to break even on your investment in approximately 4-6 years. After this period, the savings on electricity bills will start to accumulate, providing long-term financial benefits. By making the switch to solar energy, you not only save money but also reduce your carbon footprint, making it a smart choice for homeowners in Candler. Make the switch to solar today and start enjoying the benefits!