Overview
In Compton, Arkansas, installing solar panels on your home can lead to significant financial savings in the long run. By analyzing the weather data and electricity costs specific to this area, we can estimate how much you could benefit from switching to solar energy. With the potential to break even within a certain timeframe, it’s clear that investing in solar power is a smart choice for residents of Compton.
Compton Arkansas Weather Trends
Compton Precipitation
With Compton, Arkansas receiving 55.35 inches of precipitation in the last year, it falls in the 60th percentile nationally and the 53rd percentile within Arkansas. Comparatively, the national average is 50.61 inches, while Arkansas’s average stands at 54.5 inches. This means that despite being slightly above the national average, Compton still has favorable conditions for solar energy production due to its ample precipitation levels.
Compton’s UV Rating
In the last year, Compton, Arkansas, had an average UV rating of 4.66, positioning it in the 69th percentile nationwide and the 2nd percentile within the state. To provide context, the national average UV rating is 4.29, while Arkansas boasts an average of 5.13. Additionally, Compton’s average max UV rating of 5.07 places it in the 58th percentile across the country and the 6th percentile in Arkansas. These high UV ratings indicate strong sunlight exposure, making solar panel installation a highly effective choice for residents.
Compton’s Cloud Cover
Compton, Arkansas, experienced an average of 38% cloud cover in the last year, placing it in the 21st percentile nationally and the 48th percentile within the state. In comparison, the national average for cloud cover is 44.46%, while Arkansas averages 38.77%. Furthermore, with 143 days of clear skies (0-25% cloud cover), 106 days of moderate cloud cover (25-50%), 62 days of partially cloudy weather (50-75%), and 53 days of overcast conditions (75-100%), Compton offers a balanced mix ideal for harnessing solar energy.
Compton Arkansas Electricity Costs
Residential electricity costs in Compton, Arkansas, are approximately $0.1/kw, placing the city in the 15th percentile nationwide and the 31st percentile within the state. In contrast, the national average for residential electricity is $0.13/kw, with Arkansas averaging $0.11/kw. With lower-than-average electricity costs, going solar in Compton offers the opportunity for substantial savings on monthly energy bills while reducing dependence on non-renewable resources.
When could you expect to break even on a solar installation in Compton Arkansas?
Considering the weather and electricity costs in Compton 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:
- Compton Arkansas receives slightly more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Compton Arkansas are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Compton Arkansas is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Compton Arkansas pay less for electricity compared to the national average, which is beneficial for maximizing savings with solar power.
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 purchase electricity from the grid.
- With lower electricity rates in Compton Arkansas, the savings from using solar power are even more significant.
After analyzing the data, it appears that it would take approximately 4 years to cover the initial cost of the solar panels. This means that after 4 years, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, you will continue to enjoy these savings for many years beyond the break-even point. Investing in solar panels is a wise choice for saving money and promoting sustainability in Compton Arkansas.
Investing in solar power in Compton Arkansas
Based on the analysis of weather trends and electricity costs specific to Compton, Arkansas, it is clear that investing in solar panels for your home can lead to significant financial savings in the long term. With ample sunlight exposure, lower-than-average electricity costs, and a potential break-even point of around four years, switching to solar energy is a smart choice for residents of Compton. Not only will you save money on monthly energy bills, but you will also contribute to sustainable, eco-friendly practices in your community. Consider harnessing the power of the sun and start enjoying the benefits of solar energy in Compton today.