Overview
Are you looking to save money on your electricity bills in Epping, North Dakota? Installing solar panels on your home could be the solution you’ve been searching for. By analyzing weather data over the course of a year, we will show you how much sunlight your area receives, making solar energy a viable option. In addition, we will break down the cost of a solar system and estimate how long it will take for you to break even, ultimately putting more money back in your pocket. So, read on to discover the financial benefits of going solar in Epping.
Epping North Dakota Weather Trends
Epping Precipitation
With Epping, North Dakota receiving 23.72 inches of precipitation in the last year, it falls in the 8th percentile nationally and the 5th percentile within North Dakota. Comparatively, the national average for total precipitation is 50.61 inches, while North Dakota’s average is 30.8 inches. Despite lower rainfall, solar panels can still be a worthwhile investment in Epping.
Epping’s UV Rating
Having an average UV rating of 3.55 places Epping in the 21st percentile in the nation but the 81st percentile in North Dakota. In comparison, the national average UV rating is 4.29, with North Dakota averaging 3.46. Epping’s average max UV rating of 3.69 further shows the potential for harnessing solar energy effectively in the area.
Epping’s Cloud Cover
Epping has an average cloud cover of 44%, ranking it at the 51st percentile nationally and the 18th percentile within North Dakota. The national average for cloud cover is 44.46%, and North Dakota averages 46.71%. With a good number of clear days, solar panels in Epping can efficiently capture sunlight for energy production.
Epping North Dakota Electricity Costs
Residents in Epping pay about $0.08/kw for electricity, placing it in the 1st percentile both nationally and within North Dakota. In contrast, the national average for residential electricity is $0.13/kw, while North Dakota’s average is $0.1/kw. By switching to solar energy, Epping residents can reduce their reliance on grid electricity and save significantly on their energy bills over time.
When could you expect to break even on a solar installation in Epping North Dakota?
Considering the weather and electricity costs in Epping North Dakota, 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:
- Epping North Dakota receives less precipitation compared to the national average, making it a good location for solar panels.
- The UV ratings in Epping North Dakota are slightly lower than the national average but are still sufficient for generating solar power.
- Cloud cover in Epping North Dakota is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Epping North Dakota pay 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 from the grid, especially with Epping North Dakota’s low electricity rates.
- With lower electricity costs, the savings are significant over time.
After considering all the factors, it looks like it would take approximately 5-7 years to cover the initial cost of the solar panels in Epping North Dakota. This means that after that time, the money saved on electricity bills will start to accumulate and offset the investment. And since solar panels have a long lifespan, you’ll continue to save money for many years beyond that initial period. It’s a wise investment for both your finances and the environment!
Investing in solar power in Epping North Dakota
Based on the analysis of weather data and electricity costs in Epping, North Dakota, it is clear that installing solar panels on your home can be a financially beneficial decision. With Epping receiving lower precipitation, but having sufficient UV ratings and cloud cover for solar energy production, coupled with lower electricity costs compared to national averages, the investment in solar panels is promising. By estimated calculations, it would take approximately 5-7 years to break even on the initial cost of the solar system. After this period, the savings on electricity bills will accumulate, making it a smart choice for both your wallet and the environment. So, consider going solar in Epping to start saving money and reducing your carbon footprint today!