Overview
Are you tired of high electricity bills weighing down your monthly budget? Look no further than solar panels to save money while also helping the environment. In Cheyenne, Wyoming, where the sun shines bright for most of the year and the cost of electricity can add up, installing a solar system on your home can be a smart financial decision. By analyzing weather data such as inches of precipitation, average max UV rating, average UV rating, and average percentage of cloud cover over 365 days, we have calculated the estimated cost of a solar system and how long it will take to break even. Let us show you how going solar can be a cost-effective solution for your energy needs.
Cheyenne Wyoming Weather Trends
Cheyenne Precipitation
With Cheyenne, Wyoming receiving only 29.56 inches of precipitation in the last year, it is evident that the city sees less rainfall compared to the national average of 50.61 inches and the Wyoming average of 28.52 inches. This lower precipitation rate means that solar panels in Cheyenne would face less obstruction from cloudy weather, making it an ideal location for harnessing solar energy efficiently.
Cheyenne’s UV Rating
Having an average UV rating of 3.68, Cheyenne sits below the national average of 4.29 but above the Wyoming average of 3.45. Additionally, with an average max UV rating of 3.94, Cheyenne’s solar potential is solid, especially considering the city’s clear skies for most of the year. Installing solar panels in Cheyenne can benefit residents financially and environmentally by utilizing this ample sunshine.
Cheyenne’s Cloud Cover
With an average of 33% cloud cover in the last year, Cheyenne experiences less cloudiness compared to the national average of 44.46% and the Wyoming average of 36.73%. The city also had a significant number of days with minimal cloud cover, making it conducive for solar energy production. By harnessing the consistent sunshine, Cheyenne residents can optimize their solar panel efficiency and reduce their reliance on traditional electricity sources.
Cheyenne Wyoming Electricity Costs
Residential electricity costs in Cheyenne stand at $0.15/kw, which is higher than the national average of $0.13/kw and the Wyoming average of $0.11/kw. By installing solar panels on their homes, residents can take control of their energy costs and reduce their reliance on the grid. With abundant sunshine and the potential for long-term savings, going solar in Cheyenne is a financially wise choice.
When could you expect to break even on a solar installation in Cheyenne Wyoming?
Considering the weather and electricity costs in Cheyenne Wyoming, 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:
- Cheyenne Wyoming receives less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Cheyenne Wyoming are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Cheyenne Wyoming is lower than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Cheyenne Wyoming pay slightly more 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 amount needed from the grid, especially with higher electricity rates in Cheyenne Wyoming.
After crunching the numbers, it looks like it would take around 6-7 years to cover the initial cost of the solar panels. This means, after 6-7 years, the money saved on electricity bills will start to accumulate and pay off the investment. Since solar panels last for a long time, you’ll continue saving money for many years to come. Investing in solar panels is a wise choice to save money and contribute to environmental sustainability.
Investing in solar power in Cheyenne Wyoming
With abundant sunshine, lower precipitation rates, favorable UV ratings, and minimal cloud cover, Cheyenne, Wyoming proves to be an ideal location for harnessing solar energy efficiently. Coupled with slightly higher electricity costs than the national average, installing solar panels in Cheyenne can lead to significant long-term savings. Based on our analysis, it would take approximately 6-7 years to break even on the initial investment in solar panels, after which residents will continue to save money for many years to come. Going solar in Cheyenne is not just a financially wise choice, but also a sustainable solution for reducing reliance on traditional energy sources. Take control of your energy costs and make the switch to solar today.