Overview
In Cordova, Tennessee, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data specific to the area, such as average UV rating, cloud cover, and precipitation, along with basic electricity costs, we can estimate the cost of a solar system and determine how long it will take to break even. With the potential for savings on monthly electricity bills, investing in solar panels can be a smart decision for Cordova residents looking to reduce their expenses and contribute to a greener environment.
Cordova Tennessee Weather Trends
Cordova Precipitation
With Cordova, Tennessee receiving only 31.65 inches of precipitation in the last year, it is in the 1st percentile in the state and 14th percentile in the country. Comparing this to the national average of 50.61 inches and Tennessee’s average of 58.16 inches, Cordova’s lower precipitation levels make it an ideal location for solar panel installation.
Cordova’s UV Rating
With an average UV rating of 5.62 in the last year, Cordova is in the 97th percentile in Tennessee and 91st percentile in the nation. Compared to the national average of 4.29 and Tennessee’s average of 4.65, Cordova enjoys ample sunlight for efficient solar panel operation. Additionally, the average max UV rating of 6.18 further supports the case for solar energy in Cordova.
Cordova’s Cloud Cover
At an average cloud cover of 29% in the last year, Cordova ranks in the 1st percentile in Tennessee and 6th percentile in the nation. With a national average of 44.46% and Tennessee’s average of 43.78%, Cordova experiences fewer cloudy days, ensuring consistent solar energy production throughout the year. The distribution of cloud cover days further highlights the area’s solar potential.
Cordova Tennessee Electricity Costs
Residents of Cordova pay approximately $0.1/kw for electricity, placing it in the 8th percentile in Tennessee and 14th percentile in the nation. Compared to the national average of $0.13/kw and Tennessee’s average of $0.11/kw, Cordova offers competitive electricity rates, making the switch to solar even more financially advantageous in the long run.
When could you expect to break even on a solar installation in Cordova Tennessee?
Considering the weather and electricity costs in Cordova, Tennessee, 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 receives less precipitation than the national average, making it suitable for solar panels.
- The UV ratings in Cordova are higher than the national average, which is great for generating solar power.
- Cloud cover in Cordova is lower than the national average, which is beneficial for solar panel efficiency.
Now, let’s consider the electricity costs:
- Residents in Cordova 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, reducing the amount needed from the grid, saving money on electricity bills.
- With lower electricity costs in Cordova, the savings may take longer to cover the initial investment.
After analyzing the data, it seems that it could take around 7 to 9 years to break even on the initial cost of the solar panels in Cordova. However, considering the long lifespan of solar panels, the investment will eventually pay off, and residents can enjoy savings for many years to come. This not only helps save money but also contributes to environmental sustainability by using renewable energy sources.
Investing in solar power in Cordova Tennessee
With lower precipitation levels, ample sunlight, and fewer cloudy days, Cordova, Tennessee is an ideal location for installing solar panels. In addition, with competitive electricity costs, residents can expect to break even on their investment in solar energy within approximately 7 to 9 years. The long lifespan of solar panels ensures that savings will continue for many years, making it a smart financial decision for Cordova residents looking to reduce expenses and contribute to a greener environment.