Overview
This article will show you how installing solar panels on your home in Dexter, Missouri can save you money on your electricity bill. By analyzing weather data and electricity costs specific to your area, we will break down the cost of a solar system and estimate how long it will take for you to break even on your investment. With ample sunshine and potential savings, going solar could be a smart financial decision for you and your family.
Dexter Missouri Weather Trends
Dexter Precipitation
With Dexter Missouri receiving 46.91 inches of precipitation in the last year, it falls just below the national average of 50.61 inches. However, compared to the rest of Missouri, Dexter is actually slightly above average in terms of total precipitation. Embracing solar energy in a region with decent rainfall can help maximize the efficiency of your solar panels over time.
Dexter’s UV Rating
Having an average UV rating of 4.75 in the last year, Dexter Missouri enjoys a higher level of sun exposure compared to the national average of 4.29. This means that installing solar panels in Dexter can lead to more energy production due to increased sun exposure. With an average max UV rating of 5.15, Dexter outshines both the national and state averages in terms of solar potential.
Dexter’s Cloud Cover
At an average of 38% cloud cover in the last year, Dexter Missouri experiences slightly less cloud cover compared to both the national average of 44.46% and the state average of 39.07%. With a significant number of days featuring minimal cloud cover, Dexter provides a favorable environment for efficient solar panel operation. Taking advantage of sunny days can lead to substantial energy savings over time.
Dexter Missouri Electricity Costs
Residents of Dexter Missouri pay around $0.11/kw for electricity, which is below both the national average of $0.13/kw and the state average of $0.11/kw. By harnessing solar power, you can reduce your reliance on traditional grid electricity and potentially see significant savings on your energy bills. Investing in solar panels now can lead to long-term financial benefits for you and your family.
When could you expect to break even on a solar installation in Dexter Missouri?
Considering the weather and electricity costs in Dexter, Missouri, 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:
- Dexter receives slightly less precipitation than the national average, which is good for solar panel efficiency.
- The UV ratings in Dexter are higher than the national average, making it a great place for solar power generation.
- Cloud cover in Dexter is lower than the national average, with more sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Dexter 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 purchased from the grid.
- With Dexter’s lower electricity rates, the savings may take a bit longer to cover the initial cost.
After reviewing the data, it looks like it could take around 7-8 years to cover the initial cost of the solar panels in Dexter, Missouri. From that point on, the savings on electricity bills will start to accumulate and pay off the investment. Remember, solar panels have a long lifespan, so you’ll continue to save money for many years beyond the break-even point. It’s a smart investment for both your finances and the environment!
Investing in solar power in Dexter Missouri
In conclusion, installing solar panels in Dexter, Missouri can be a wise financial decision due to the region’s weather trends and electricity costs. With higher sun exposure, lower cloud cover, and savings on electricity bills, investing in a solar system could lead to significant financial benefits over time. By calculating the break-even point for a standard 10kW solar system, it is estimated that it could take approximately 7-8 years to cover the initial cost. Beyond that, the savings on electricity bills will continue to accumulate, making solar panels a smart and environmentally-friendly investment for you and your family.