Overview
Living in Deaver, Wyoming presents a unique opportunity to take advantage of the abundant sunlight and minimal cloud cover that the area receives throughout the year. By installing solar panels on your home, you can significantly reduce your electricity costs and break even on your investment in a relatively short amount of time. In this article, we will break down the financial benefits of installing a solar system in Deaver, using weather data and electricity costs specific to the area to show you just how much you can save in the long run.
Deaver Wyoming Weather Trends
Deaver Precipitation
With Deaver receiving only 13.36 inches of precipitation in the last year, it is clear that the area experiences minimal rainfall compared to both the national average of 50.61 inches and Wyoming’s average of 28.52 inches. This lack of precipitation means less interference with sunlight reaching your solar panels, allowing for optimal energy production.
Deaver’s UV Rating
With an average UV rating of 3.73, Deaver enjoys a decent amount of sunlight which is crucial for efficient solar panel performance. Compared to the national average of 4.29, Deaver’s UV rating may seem lower, but when compared to Wyoming’s average of 3.45, it is evident that the area is well-suited for harnessing solar energy.
Deaver’s Cloud Cover
Deaver experiences an average cloud cover of 32%, which is relatively low compared to both the national average of 44.46% and Wyoming’s average of 36.73%. With a significant number of days having minimal cloud cover, solar panels in Deaver can consistently generate electricity throughout the year, maximizing your savings.
Deaver Wyoming Electricity Costs
Residential electricity costs in Deaver are around $0.12/kw, which is slightly lower than the national average of $0.13/kw. However, when compared to Wyoming’s average of $0.11/kw, Deaver residents are already benefiting from affordable electricity rates. By installing solar panels, you can further reduce your electricity costs and potentially eliminate your monthly bill.
When could you expect to break even on a solar installation in Deaver Wyoming?
Considering the weather and electricity costs in Deaver Wyoming, 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:
- Deaver Wyoming receives less precipitation compared to the national average, making it a suitable location for solar panels.
- The UV ratings in Deaver Wyoming are slightly lower than the national average, but still conducive for generating solar power.
- Cloud cover in Deaver Wyoming is lower than the national average, providing more sunlight for solar panels.
Now, let’s consider the electricity costs:
- Residents in Deaver Wyoming pay slightly less for electricity compared to the national average, at $0.12/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 need to buy as much from the grid.
- With Deaver Wyoming’s lower electricity rates, the savings are still significant.
After analyzing the data, it appears that the initial cost of the solar panels could be recovered in approximately 5 years. This means that after 5 years, the savings on electricity bills will start to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, these savings will continue for many more years. Investing in solar panels in Deaver Wyoming not only saves money but also contributes to a cleaner and more sustainable environment.
Investing in solar power in Deaver Wyoming
Installing solar panels in Deaver, Wyoming can be a cost-effective and environmentally friendly decision. With the area’s abundant sunlight and minimal cloud cover, solar panels can generate significant savings on electricity costs. By taking advantage of the favorable weather conditions and relatively low electricity rates in Deaver, residents can expect to break even on their solar panel investment in approximately 5 years. Not only does this financial benefit make solar energy a viable option, but it also contributes to a cleaner and more sustainable environment for the future.