Overview
Discover how installing solar panels on your home in Deadwood, Oregon can save you money in the long run. By analyzing weather data, electricity costs, and the cost of a solar system, we will show you how quickly you can break even on your investment and start enjoying the benefits of renewable energy. It’s time to take control of your energy bills and make the switch to solar power.
Deadwood Oregon Weather Trends
Deadwood Precipitation
With Deadwood Oregon receiving 94.77 inches of precipitation in the last year, it is clear that the area sees a considerable amount of rainfall. Compared to the national average of 50.61 inches, Deadwood is in the 99th percentile in the country. While Deadwood is in the 91st percentile in Oregon, the state’s average total precipitation is 54.5 inches. By harnessing solar energy, residents can take advantage of the rainy weather to generate electricity and reduce reliance on traditional power sources.
Deadwood’s UV Rating
Deadwood Oregon had an average UV rating of 3.53 in the last year, placing it in the 20th percentile nationally and the 32nd percentile in Oregon. When it comes to maximizing solar energy production, higher UV ratings are advantageous. While Deadwood’s average max UV rating of 3.73 is in the 24th percentile nationally and the 31st percentile in Oregon, solar panels can still be an effective energy solution. Even with slightly lower UV ratings, Deadwood residents can benefit from clean and renewable solar power.
Deadwood’s Cloud Cover
Deadwood Oregon experienced an average cloud cover of 56% in the last year, placing it in the 90th percentile nationally and the 92nd percentile in Oregon. The high percentage of cloud cover may seem challenging for solar panel efficiency, but it is important to note that solar panels can still generate electricity on cloudy days. By strategically placing solar panels and utilizing energy storage solutions, Deadwood residents can overcome the cloud cover and benefit from sustainable energy production.
Deadwood Oregon Electricity Costs
Deadwood residents pay about $0.11/kw for electricity, which is below the national average of $0.13/kw. Although Deadwood is in the 24th percentile nationally and the 70th percentile in Oregon for electricity costs, the relatively low rate presents an opportunity for residents to save even more money by installing solar panels. By generating their own electricity with solar power, Deadwood residents can reduce their dependence on the grid and lower their electricity bills over time.
When could you expect to break even on a solar installation in Deadwood Oregon?
Considering the weather and electricity costs in Deadwood Oregon, 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:
- Deadwood Oregon receives more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Deadwood Oregon are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Deadwood Oregon is higher than the national average, with a significant number of days with between 75% and 100% cloud cover.
Now, let’s consider the electricity costs:
- Residents in Deadwood Oregon 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, especially with savings from lower electricity costs in Deadwood Oregon.
After analyzing the numbers, it appears that it would take approximately 5-6 years to cover the initial cost of the solar panels. This means that after 5-6 years, the money saved on electricity bills will start to accumulate and pay off the investment. Also, keep in mind that solar panels have a long lifespan, so you will continue to benefit from these savings for many years to come. Investing in solar power is not only a smart financial decision but also a way to contribute positively to the environment.
Investing in solar power in Deadwood Oregon
By analyzing the weather data and electricity costs in Deadwood, Oregon, it is clear that installing solar panels can lead to significant financial savings in the long run. Despite the area’s high precipitation and cloud cover, solar panels can still be an effective energy solution due to the relative affordability of electricity in Deadwood. With a break-even period of approximately 5-6 years, investing in solar power is not only a wise financial decision but also a positive step towards sustainable and renewable energy. Take control of your energy bills today and make the switch to solar power for a brighter and more cost-effective future.