Overview
If you’re a Chandler Arizona resident, you may be wondering if installing solar panels on your home is worth the initial investment. With data showing high levels of sunshine and low precipitation throughout the year, coupled with rising electricity costs, going solar can lead to substantial financial savings in the long run. In this article, we will break down the cost of a solar system for your home, estimate the time it will take to break even, and showcase the significant benefits of making the switch to solar energy.
Chandler Arizona Weather Trends
Chandler Precipitation
With Chandler receiving only 7.39 inches of precipitation in the last year, it ranks in the 1st percentile in the nation and the 27th percentile in Arizona. In comparison, the national average for total precipitation is 50.61 inches, while Arizona’s average is 12 inches. This means that Chandler’s low precipitation levels make it an ideal location for harnessing solar energy throughout the year.
Chandler’s UV Rating
Chandler’s average UV rating of 6.55 places it in the 99th percentile in the nation and the 92nd percentile in Arizona. Compared to the national average of 4.29 and Arizona’s average of 5.41, Chandler’s high UV ratings make it a prime location for solar panel installation. With an average max UV rating of 7.37, Chandler’s abundant sunshine can help homeowners generate significant savings on their electricity bills.
Chandler’s Cloud Cover
Featuring an average cloud cover of only 16%, Chandler ranks in the 0th percentile in the nation and the 20th percentile in Arizona. In comparison, the national average for average cloud cover is 44.46%, and Arizona’s average is 19.26%. With a majority of days having minimal cloud cover, Chandler residents can take advantage of uninterrupted sunlight for increased energy production from solar panels.
Chandler Arizona Electricity Costs
Residents of Chandler pay about $0.11/kw for electricity, positioning the city in the 24th percentile in the nation and the 15th percentile in Arizona. In contrast, the national average for residential electricity is $0.13/kw, while Arizona’s average matches that. By transitioning to solar energy, Chandler homeowners can significantly reduce their electricity costs while contributing to a more sustainable environment.
When could you expect to break even on a solar installation in Chandler Arizona?
Considering the weather and electricity costs in Chandler, Arizona, 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:
- Chandler has much less rainfall compared to the national average, making it an ideal location for solar panel installations.
- The UV ratings in Chandler are higher than the national average, which is great for generating solar power efficiently.
- Cloud cover in Chandler is lower than the national average, with most days having minimal cloud cover, allowing solar panels to work effectively.
Now, let’s consider the electricity costs:
- Residents in Chandler pay slightly less for electricity compared to the national average, making solar power a cost-effective option in the long run.
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 resulting in savings on electricity bills.
- With Chandler’s lower electricity rates, the savings over time will be significant.
After analyzing the data, it appears that it would take approximately 7 years to cover the initial cost of the solar panels. This means that after 7 years, the money saved on electricity bills will begin to outweigh the initial investment. Additionally, since solar panels last for a long time, you will continue to benefit from these savings for many years beyond that initial period. Investing in solar panels is not only a smart financial decision but also a great way to contribute to a cleaner environment in Chandler, Arizona.
Investing in solar power in Chandler Arizona
After analyzing the data related to Chandler, Arizona’s weather trends and electricity costs, it is clear that investing in solar panels can lead to significant financial savings over time. With Chandler’s high levels of sunshine, low precipitation, and relatively lower electricity costs, homeowners can expect to break even on their investment in solar panels in approximately 7 years. This means that switching to solar energy is not only a wise financial decision but also a sustainable choice that contributes to a cleaner environment. By harnessing the abundant sunlight in Chandler, residents can take advantage of uninterrupted solar energy production and enjoy cost savings on their electricity bills for decades to come.