Overview
Are you a Cleveland Arkansas resident looking to save money on electricity bills? Installing solar panels on your home can help you do just that. In this article, we will break down the financial benefits of going solar in Cleveland, using weather data and electricity costs to estimate how long it will take for your investment to pay off. With the sunny weather and high UV ratings in Cleveland, solar panels can be a smart and cost-effective choice for your home.
Cleveland Arkansas Weather Trends
Cleveland Precipitation
In the last year, Cleveland Arkansas received 64.98 inches of precipitation, ranking in the 80th percentile in the nation and the 93rd percentile in Arkansas. Compared to the national average of 50.61 inches and Arkansas’s average of 54.5 inches, Cleveland’s higher precipitation levels make it an ideal location for harnessing solar energy.
Cleveland’s UV Rating
With an average UV rating of 4.69, Cleveland Arkansas is in the 70th percentile in the nation and the 3rd percentile in Arkansas. The national average UV rating is 4.29, while Arkansas’s average is 5.13. Additionally, Cleveland’s average max UV rating of 5.11 further solidifies its suitability for solar energy, ranking in the 59th percentile nationally and the 8th percentile in Arkansas.
Cleveland’s Cloud Cover
Over the last year, Cleveland Arkansas had an average of 39% cloud cover, placing it in the 24th percentile nationally and the 75th percentile in Arkansas. Compared to the national average of 44.46% and Arkansas’s average of 38.77%, Cleveland experiences relatively clear skies, making it an optimal environment for solar panel installation.
Cleveland Arkansas Electricity Costs
Residents of Cleveland Arkansas pay about $0.11/kw for electricity, ranking in the 34th percentile in the nation and the 84th percentile in Arkansas. In comparison, the national average for residential electricity is $0.13/kw, while Arkansas’s average is also $0.11/kw. By harnessing the abundant sunlight and favorable electricity costs, investing in solar panels for your home in Cleveland can lead to significant long-term savings.
When could you expect to break even on a solar installation in Cleveland Arkansas?
Considering the weather and electricity costs in Cleveland, Arkansas, 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:
- Cleveland, Arkansas receives more precipitation than the national average, but it still has enough sunshine for solar panels to be effective.
- The UV ratings in Cleveland are higher than the national average, making it a good place for generating solar power.
- Cloud cover in Cleveland is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Cleveland, Arkansas 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, which means we don’t need to buy as much from the grid.
- With Cleveland’s slightly lower electricity rates, the savings are still significant.
After crunching the numbers, it looks like it would take around 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will start to add up and pay off the investment. And remember, solar panels can last for many years, so you’ll continue to enjoy those savings for a long time. It’s a smart financial decision that also benefits the environment!
Investing in solar power in Cleveland Arkansas
By analyzing the weather trends and electricity costs in Cleveland, Arkansas, it is clear that investing in solar panels for your home can lead to significant long-term savings. With ample sunshine, higher UV ratings, and lower cloud cover, Cleveland provides an optimal environment for harnessing solar energy. Additionally, with electricity costs slightly lower than the national average, the payback period for a standard 10kW solar system is estimated to be around 5 years. This means that after this initial period, the savings from reduced electricity bills will start to surpass the investment cost. Not only is installing solar panels a smart financial decision, but it also contributes to a more sustainable future. Consider going solar in Cleveland and start reaping the benefits today!