Overview
Are you a homeowner in Edwards, Missouri looking to save money on your electricity bills? Installing solar panels on your home could be a great investment for you. By analyzing weather data and electricity costs specific to your area, we can show you how much you can potentially save with a solar system. With the right information, you can easily see how quickly you can break even on your investment and start enjoying the financial benefits of solar energy.
Edwards Missouri Weather Trends
Edwards Precipitation
With Edwards Missouri receiving 46.17 inches of precipitation in the last year, it’s clear that the area experiences a moderate amount of rainfall. Compared to the national average of 50.61 inches, Edwards falls slightly below. However, when looking at Missouri as a whole with an average of 47.04 inches, Edwards is right in line. By utilizing solar panels, residents can take advantage of the frequent cloudy days to still generate electricity and save money on their electric bills.
Edwards’s UV Rating
Edwards Missouri’s average UV rating of 4.65 in the last year shows that the area receives a good amount of sunlight. This places Edwards in the upper percentiles compared to both the nation and Missouri. With an average max UV rating of 5.12, residents can harness this solar energy potential to power their homes efficiently. By converting this abundance of sunlight into electricity, Edwards homeowners can significantly reduce their carbon footprint and enjoy the benefits of clean, renewable energy.
Edwards’s Cloud Cover
Despite an average cloud cover of 39% in Edwards Missouri, there are still plenty of days with clear or partially cloudy skies. With 151 days having between 0% and 25% cloud cover, residents can rely on a substantial amount of sunny days to generate solar power. While the area may have more cloud cover than the national average, the consistent sunlight availability makes solar panels a reliable investment for homeowners in Edwards.
Edwards Missouri Electricity Costs
Compared to the national average residential electricity cost of $0.13/kw, Edwards Missouri residents pay a slightly lower rate of about $0.12/kw. This places Edwards in a favorable position in terms of electricity expenses. With Missouri’s average cost being $0.11/kw, Edwards is slightly above but still competitive. By installing solar panels, homeowners can not only save money on their electricity bills but also protect themselves against potential future price increases, making solar energy a wise financial decision for Edwards residents.
When could you expect to break even on a solar installation in Edwards Missouri?
Considering the weather and electricity costs in Edwards 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:
- Edwards Missouri receives slightly less precipitation compared to the national average, making it suitable for solar panels.
- The UV ratings in Edwards Missouri are higher than the national average, which is great for generating solar power.
- Cloud cover in Edwards Missouri is lower than the national average, with varying degrees of cloudiness throughout the year.
Now, let’s consider the electricity costs:
- Residents in Edwards Missouri 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 to be purchased from the grid.
- With the lower electricity rates in Edwards Missouri, the savings are slightly lower compared to the national average.
After analyzing the numbers, it appears that it would take around 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 accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, you will continue to enjoy these savings for many more years. Investing in solar panels is both a financially smart decision and an environmentally friendly one.
Investing in solar power in Edwards Missouri
Installing solar panels in Edwards, Missouri can be a beneficial investment for homeowners looking to save money on their electricity bills. By taking advantage of the area’s UV ratings and moderate cloud cover, residents can generate solar power efficiently. With electricity costs slightly below the national average, homeowners can expect to break even on their solar panel investment in around 6-7 years. Not only does this decision offer long-term financial benefits, but it also contributes to a cleaner, more sustainable energy future for Edwards residents. Consider installing solar panels on your home to start saving money and reducing your carbon footprint today.