Overview
In Cumberland Furnace, Tennessee, installing solar panels on your home can lead to significant financial savings over time. By analyzing weather data and electricity costs specific to the area, we can show you how investing in a solar system can help you break even and start saving money on your energy bills. With ample sunshine and favorable conditions, Cumberland Furnace is the ideal location to harness the power of solar energy and take control of your electricity expenses.
Cumberland Furnace Tennessee Weather Trends
Cumberland Furnace Precipitation
With 55.98 inches of precipitation in the last year, Cumberland Furnace Tennessee falls in the 61st percentile nationally and the 40th percentile in Tennessee. Compared to the national average of 50.61 inches and Tennessee’s average of 58.16 inches, Cumberland Furnace’s precipitation levels are quite favorable.
Cumberland Furnace’s UV Rating
Having an average UV rating of 4.6 places Cumberland Furnace in the 67th percentile in the nation and the 42nd percentile in Tennessee. With an average max UV rating of 4.97, Cumberland Furnace is in the 56th percentile nationally and the 47th percentile in Tennessee. These ratings exceed both the national averages of 4.29 and 4.61 as well as Tennessee’s averages of 4.65 and 4.99.
Cumberland Furnace’s Cloud Cover
At an average of 43% cloud cover in the last year, Cumberland Furnace is in the 44th percentile across the nation and the 36th percentile within Tennessee. The national average for cloud cover is slightly higher at 44.46%, while Tennessee’s average is 43.78%. With a mix of cloud cover percentages throughout the year, Cumberland Furnace enjoys a good balance of sun exposure.
Cumberland Furnace Tennessee Electricity Costs
Residents of Cumberland Furnace pay approximately $0.11/kw for electricity, positioning the area in the 25th percentile nationally and the 30th percentile within Tennessee. This rate is slightly lower than the national average of $0.13/kw and matches Tennessee’s average of $0.11/kw. By embracing solar energy, Cumberland Furnace residents can significantly reduce their electricity costs over time.
When could you expect to break even on a solar installation in Cumberland Furnace Tennessee?
Considering the weather and electricity costs in Cumberland Furnace 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:
- Cumberland Furnace Tennessee receives more precipitation than the national average, but still has enough sunshine for solar panels to be effective.
- The UV ratings in Cumberland Furnace Tennessee are above the national average, making it a good location for generating solar power.
- Cloud cover in Cumberland Furnace Tennessee is slightly below the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Cumberland Furnace Tennessee 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 need to purchase as much from the grid.
- With Cumberland Furnace Tennessee’s lower electricity rates, the savings are slightly less compared to the national average.
After analyzing the data, it appears that it would take around 4-5 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will help pay off the investment. Additionally, since solar panels have a lifespan of 25-30 years, there will be many years of savings following the initial payout. Investing in solar power is an efficient way to save money and contribute to a cleaner environment!
Investing in solar power in Cumberland Furnace Tennessee
In Cumberland Furnace, Tennessee, investing in solar panels can lead to significant financial savings over time. With favorable weather conditions and lower electricity costs compared to the national average, residents can expect to break even on their investment in solar energy within 4-5 years. By harnessing the power of solar energy, individuals in Cumberland Furnace can take control of their electricity expenses and enjoy years of savings while contributing to a cleaner environment. Considering the data presented, it is clear that solar energy is a smart and efficient choice for homeowners in Cumberland Furnace, Tennessee.