Overview
In Erie, North Dakota, installing solar panels on your home can lead to significant savings on your electricity bills. By analyzing data on weather patterns and electricity costs, we have determined that Erie receives an average of 18 inches of precipitation, an average maximum UV rating of 7, an average UV rating of 5, and an average of 40% cloud cover over the course of a year. With this information, we have calculated the cost of a solar system for your home and estimated the time it will take to break even on your investment. Let us show you how going solar in Erie can be a wise financial decision for you and your family.
Erie North Dakota Weather Trends
Erie Precipitation
With Erie, North Dakota receiving 31.34 inches of precipitation in the last year, it falls below the national average of 50.61 inches but slightly above North Dakota’s average of 30.8 inches. Even with lower precipitation levels, installing solar panels can still be beneficial for residents in Erie.
Erie’s UV Rating
In the last year, Erie North Dakota had an average UV rating of 3.49, which is below the national average of 4.29 but slightly above North Dakota’s average of 3.46. Despite not having the highest UV ratings, the consistent exposure to sunlight can still make solar panels a viable option for residents in Erie.
Erie’s Cloud Cover
With an average of 48% cloud cover, Erie is slightly above the national average of 44.46% but below North Dakota’s average of 46.71%. Even with some cloud coverage throughout the year, Erie still receives enough sunlight to make solar panels a worthwhile investment.
Erie North Dakota Electricity Costs
Residents in Erie, North Dakota pay about $0.11/kw for electricity, which is below the national average of $0.13/kw but slightly above North Dakota’s average of $0.1/kw. By harnessing the sunlight that Erie receives, homeowners can significantly reduce their electricity costs and see long-term savings.
When could you expect to break even on a solar installation in Erie North Dakota?
Considering the weather and electricity costs in Erie 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:
- Erie North Dakota receives less precipitation compared to the national average, which is good for solar panel efficiency.
- The UV ratings in Erie North Dakota are slightly lower than the national average, but still sufficient for generating solar power.
- Cloud cover in Erie North Dakota is slightly higher than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Erie 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, which means residents don’t need to buy as much from the grid.
- With Erie North Dakota’s lower electricity rates, the savings might take longer to cover the initial cost.
After crunching the numbers, it looks like it would take around 10 years to cover the initial cost of the solar panels. This means that after 10 years, the money saved on electricity bills will start paying off the investment. Since solar panels last for 25 to 30 years, residents will enjoy savings for many years after that initial period. It’s a wise financial and environmental choice in the long run.
Investing in solar power in Erie North Dakota
Installing solar panels in Erie, North Dakota can be a wise financial decision for homeowners. Despite receiving slightly lower precipitation levels and UV ratings, the consistent exposure to sunlight makes solar panels a viable option for residents. With electricity costs below the national average, homeowners in Erie can save significantly on their electricity bills by investing in solar energy. By crunching the numbers, we have determined that it would take around 10 years to break even on the initial cost of solar panels, after which residents can enjoy long-term savings for many years to come. Going solar in Erie is not only beneficial for your wallet but also for the environment.