Overview
Are you a Cape Fair Missouri resident looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data and electricity costs specific to Cape Fair, we will break down the financial benefits of investing in a solar system. You’ll be surprised at how quickly you can start saving money and see a return on your investment.
Cape Fair Missouri Weather Trends
Cape Fair Precipitation
With 55.9 inches of precipitation in the last year, Cape Fair Missouri is in the 61st percentile in the nation and the 90th percentile in Missouri. Compared to the national average of 50.61 inches and Missouri’s average of 47.04 inches, Cape Fair receives more rainfall, making it an ideal location for capturing energy from the sun.
Cape Fair’s UV Rating
Having an average UV rating of 4.77 places Cape Fair in the 72nd percentile in the nation and the 86th percentile in Missouri. Comparing this to the national average of 4.29 and Missouri’s average of 4.59, Cape Fair enjoys plenty of sunshine. With an average max UV rating of 5.26, Cape Fair is in a great position to generate solar energy efficiently.
Cape Fair’s Cloud Cover
With an average of 39% cloud cover in the last year, Cape Fair is in the 23rd percentile in the nation and the 53rd percentile in Missouri. When compared to the national average of 44.46% and Missouri’s average of 39.07%, Cape Fair experiences fewer cloudy days. This means more sunny days to harness the power of solar energy.
Cape Fair Missouri Electricity Costs
At $0.13/kw for electricity, Cape Fair residents are in the 72nd percentile in the nation and the 96th percentile in Missouri. Although the national average for residential electricity is also $0.13/kw, Missouri’s average is $0.11/kw. By investing in solar panels, you can lower your electricity costs even further and reduce your reliance on traditional power sources.
When could you expect to break even on a solar installation in Cape Fair Missouri?
Considering the weather and electricity costs in Cape Fair 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:
- Cape Fair Missouri gets more precipitation than the national average, but it still has good sun exposure for solar panels.
- The UV ratings in Cape Fair Missouri are higher than the national average, which is great for generating solar power.
- Cloud cover in Cape Fair Missouri is lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Cape Fair Missouri pay the national average for electricity, which is $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 need to buy from the grid.
- Since electricity costs are average, the savings are not as high as in areas with higher electricity rates.
After crunching the numbers, it looks like it would take around 8-10 years to cover the initial cost of the solar panels in Cape Fair Missouri. After that period, the money saved on electricity bills will begin to accumulate and pay off the investment. Plus, with solar panels lasting 25-30 years, the savings will continue for many years to come. It’s a smart investment that pays off in the long run.
Investing in solar power in Cape Fair Missouri
Installing solar panels in Cape Fair Missouri can be a wise decision for saving money on electricity bills. With ample sunlight, lower cloud cover, and average electricity costs, residents can expect to break even on their investment in about 8-10 years. After that, the savings on electricity bills will continue to accumulate, making solar panels a smart long-term investment. Start saving money and reducing reliance on traditional power sources by harnessing the power of solar energy in Cape Fair Missouri.