Overview
Are you a Cordova Maryland 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 specific to Cordova, along with basic electricity costs, we can show you how much you can save by going solar. With the cost breakdown of a solar system and an estimate of how long it will take to break even, you’ll see just how financially beneficial making the switch to solar energy can be for you.
Cordova Maryland Weather Trends
Cordova Precipitation
With only 16.9 inches of precipitation in the last year, Cordova, Maryland is in the 4th percentile in the nation and the 1st percentile in Maryland when it comes to rainfall. This means that solar panels in Cordova can consistently generate electricity without being hindered by constant cloudy or rainy weather, unlike other parts of the country.
Cordova’s UV Rating
Having an average UV rating of 5.96, Cordova, Maryland is in the 96th percentile in the nation and the 99th percentile in Maryland. This high UV rating means that your solar panels can efficiently convert sunlight into electricity throughout the year, allowing you to maximize your energy production and savings compared to other areas in the country.
Cordova’s Cloud Cover
With an average of 23% cloud cover in the last year, Cordova, Maryland is in the 3rd percentile in the nation and the 1st percentile in Maryland. This low percentage of cloud cover means that your solar panels will receive ample sunlight to generate electricity consistently, giving you more energy independence and reducing your reliance on the grid.
Cordova Maryland Electricity Costs
Residents in Cordova, Maryland pay about $0.13/kw for electricity, placing them in the 73rd percentile nationally and the 61st percentile in Maryland. Compared to the national average of $0.13/kw, Cordova’s electricity costs are right in line with the rest of the country. By installing solar panels, you can lock in lower electricity rates and potentially eliminate your electricity bills altogether over time.
When could you expect to break even on a solar installation in Cordova Maryland?
Considering the weather and electricity costs in Cordova Maryland, 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:
- Cordova Maryland receives less rain than the national average, making it a good location for solar panels.
- The UV ratings in Cordova Maryland are higher than the national average, which is great for generating solar power.
- The cloud cover in Cordova Maryland is lower than the national average, with a majority of days having clear to slightly cloudy skies.
Now, let’s consider the electricity costs:
- Residents in Cordova Maryland 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 amount needed from the grid and saving money on electricity bills.
- With the average electricity rate in Cordova Maryland, the savings can add up over time.
After analyzing the data, it appears that it would take around 5-6 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will surpass the initial investment. Additionally, since solar panels last for 25-30 years, the savings will continue to accumulate for many years beyond the break-even point. Investing in solar panels not only saves money in the long run but also contributes to a greener environment.
Investing in solar power in Cordova Maryland
In conclusion, installing solar panels in Cordova, Maryland can be a wise financial decision for residents looking to save money on their electricity bills. With favorable weather conditions and average electricity costs, the initial investment in solar panels can typically be recouped within 5-6 years. Beyond the break-even point, solar panels continue to generate savings for many more years, making them a cost-effective and environmentally-friendly choice for homeowners in Cordova.