Overview
Imagine being able to harness the power of the sun to save money on your electricity bill every month. In Eagan, Tennessee, where the sun shines bright for most of the year, installing solar panels on your home is a smart financial decision. By analyzing weather data and electricity costs, we can show you how much you can save over time and estimate how quickly you can see a return on your investment. With rising energy prices, going solar is not only good for the environment but also for your wallet. Let us break down the numbers for you and help you make an informed decision about solar energy for your home.
Eagan Tennessee Weather Trends
Eagan Precipitation
In the last year, Eagan, Tennessee received 62.36 inches of precipitation, ranking it in the 75th percentile in the nation and the 77th percentile in Tennessee. Compared to the national average of 50.61 inches and Tennessee’s average of 58.16 inches, Eagan’s higher precipitation levels make it an ideal location for solar panels, as more rain means cleaner panels and better energy production efficiency.
Eagan’s UV Rating
In the last year, Eagan, Tennessee had an average UV rating of 4.41, placing it in the 62nd percentile in the nation and the 18th percentile in Tennessee. Eagan’s higher UV rating compared to both the national average of 4.29 and Tennessee’s average of 4.65 means that solar panels in Eagan receive more sunlight, resulting in increased energy production and faster return on investment.
Eagan’s Cloud Cover
In the last year, Eagan, Tennessee had an average of 47% cloud cover, positioning it in the 61st percentile in the nation and the 87th percentile in Tennessee. With more sunny days compared to both the national average of 44.46% and Tennessee’s average of 43.78%, Eagan provides ample sunlight for solar energy production while minimizing potential energy loss due to shading from clouds.
Eagan Tennessee Electricity Costs
Eagan, Tennessee residents pay about $0.12/kw for electricity, placing it in the 50th percentile in the nation and the 98th percentile in Tennessee. With electricity costs lower than the national average of $0.13/kw and Tennessee’s average of $0.11/kw, transitioning to solar energy in Eagan can offer significant savings on monthly electricity bills, making it a financially advantageous decision.
When could you expect to break even on a solar installation in Eagan Tennessee?
Considering the weather and electricity costs in Eagan, 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:
- Eagan, Tennessee receives slightly more precipitation than the national average, but still has enough sunlight for solar panels to be effective.
- The UV ratings in Eagan are slightly above the national average, indicating good conditions for generating solar power.
- Cloud cover in Eagan is close to the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Eagan, Tennessee pay slightly less for electricity compared to the national average, making solar energy a cost-effective option.
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 solar system generates electricity, reducing the need to purchase as much from the grid.
- With Eagan’s lower electricity rates, the savings from solar power are even more significant.
After analyzing the data, it seems that it would take approximately 6-7 years to cover the initial cost of the solar panels. This means that after 6-7 years, the money saved on electricity bills will start to outweigh the initial investment. Additionally, since solar panels have a long lifespan, you will continue to benefit from these savings for many years to come. Investing in solar energy is a smart choice for both your finances and the environment!
Investing in solar power in Eagan Tennessee
Transitioning to solar energy in Eagan, Tennessee is a wise decision when considering both the weather trends and electricity costs in the area. The higher precipitation levels, UV ratings, and lower cloud cover make Eagan an ideal location for solar panels, ensuring efficient energy production. With electricity costs lower than the national average, investing in solar energy can provide significant savings on monthly bills. Based on the analysis, it is estimated that homeowners in Eagan could break even on a solar installation in approximately 6-7 years, making it a financially smart and environmentally friendly choice for the long term.