Overview
This article will show you how installing solar panels on your home in Edgemont Arkansas can help you save money on your electricity bills. By analyzing the weather data for the area, including inches of precipitation, average max UV rating, average UV rating, and average percentage of cloud cover, we will demonstrate the potential for solar energy production. We will also break down the cost of a solar system and estimate how long it will take to break even based on the electricity cost in the area.
Edgemont Arkansas Weather Trends
Edgemont Precipitation
With 55.26 inches of precipitation in the last year, Edgemont Arkansas is above both the national average of 50.61 inches and the Arkansas average of 54.5 inches. This means that Edgemont receives more precipitation compared to most areas in the country and the state, providing ample opportunity for solar panels to generate energy even during rainy days.
Edgemont’s UV Rating
Edgemont Arkansas boasts an average UV rating of 4.83, surpassing both the national average of 4.29 and falling just below the Arkansas average of 5.13. Additionally, with an average max UV rating of 5.29, Edgemont is in a great position to harness solar energy efficiently, as higher UV ratings lead to increased solar panel productivity. The abundant sunshine in Edgemont makes it an ideal location for solar energy production.
Edgemont’s Cloud Cover
Despite having an average of 39% cloud cover in the last year, Edgemont Arkansas still receives more sunshine compared to the national average of 44.46% and the Arkansas average of 38.77%. With a significant number of clear days, Edgemont provides a conducive environment for solar panels to work at full capacity, ensuring consistent energy production throughout the year.
Edgemont Arkansas Electricity Costs
Edgemont Arkansas residents pay about $0.11/kw for electricity, which is on par with the state average and below the national average. By installing solar panels, residents can take advantage of the abundant sunshine to reduce their electricity bills and potentially even earn credits through net metering, helping them save money in the long run while also contributing to a greener environment.
When could you expect to break even on a solar installation in Edgemont Arkansas?
Considering the weather and electricity costs in Edgemont Arkansas, 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:
- Edgemont Arkansas receives slightly more rainfall than the national average, but it still has plenty of sun for solar panels to be effective.
- The UV ratings in Edgemont Arkansas are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Edgemont Arkansas is lower than the national average, with a good number of days having low cloud cover, making it ideal for solar energy production.
Now, let’s consider the electricity costs:
- Residents in Edgemont Arkansas pay slightly lower rates 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:
- By generating electricity with solar panels, homeowners can reduce their reliance on the grid, resulting in savings on their electricity bills.
- Given the lower electricity rates in Edgemont Arkansas, the savings might take a bit longer to cover the initial cost but will still add up over time.
After analyzing the data, it seems like it could take around 6-7 years to offset the initial investment in solar panels. This means that after that period, the savings on electricity bills will start to accumulate and make the investment worthwhile. Additionally, with solar panels lasting for 25-30 years, homeowners will continue to benefit from these savings for many years to come. Investing in solar energy is not only financially smart but also environmentally friendly, making it a win-win situation for homeowners in Edgemont Arkansas.
Investing in solar power in Edgemont Arkansas
Installing solar panels in Edgemont, Arkansas can be a smart financial decision for homeowners looking to save money on their electricity bills. With above-average precipitation, high UV ratings, and low cloud cover, Edgemont provides an ideal environment for solar energy production. Residents pay competitive electricity rates, making the investment in solar panels worth considering. By analyzing the data, it is estimated that homeowners could break even on their solar installation in about 6-7 years, leading to long-term savings and a greener lifestyle. Investing in solar energy in Edgemont Arkansas not only benefits homeowners financially but also contributes to a more sustainable future.