Overview
Are you looking to save money on your electricity bills in Evanston, Wyoming? Installing solar panels on your home could be the answer! By analyzing weather data and electricity costs in the area, we break down the financial benefits of going solar. With the sunny days, low cloud cover, and high UV ratings in Evanston, a solar system could pay for itself in a reasonable amount of time, allowing you to enjoy long-term savings on your energy expenses. Let us show you how investing in solar panels can be a smart financial decision for your home.
Evanston Wyoming Weather Trends
Evanston Precipitation
With Evanston receiving only 24.88 inches of precipitation in the last year, it ranks in the 8th percentile in the nation and the 47th percentile in Wyoming. Compared to the national average of 50.61 inches and Wyoming’s average of 28.52 inches, Evanston experiences relatively low precipitation levels. This means that solar panels can efficiently harness sunlight without being hindered by frequent rainy weather.
Evanston’s UV Rating
When it comes to UV ratings, Evanston’s average and max UV ratings of 3.12 and 3.21 respectively place it in the 5th and 12th percentile nationally, with Wyoming rankings of 28th and 26th percentile respectively. Compared to the national averages of 4.29 and 4.61, and Wyoming’s averages of 3.45 and 3.63, Evanston experiences moderate to high UV levels. This makes it an excellent location for installing solar panels that rely on strong sunlight to generate electricity.
Evanston’s Cloud Cover
With an average cloud cover of 40%, Evanston falls in the 29th percentile nationwide and the 80th percentile within Wyoming. In comparison, the national average cloud cover is 44.46% and Wyoming’s average is 36.73%. Additionally, Evanston experiences a significant number of days with low cloud cover, making it an ideal environment for solar panel installations that require ample sunlight to operate efficiently.
Evanston Wyoming Electricity Costs
Residents in Evanston pay approximately $0.11/kw for electricity, placing the city in the 25th percentile nationally and the 27th percentile within Wyoming. In contrast, the national average for residential electricity is $0.13/kw, while Wyoming’s average matches Evanston’s at $0.11/kw. With lower electricity costs compared to the national average, investing in solar panels can lead to significant savings on energy bills over time.
When could you expect to break even on a solar installation in Evanston Wyoming?
Considering the weather and electricity costs in Evanston, Wyoming, 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:
- Evanston, Wyoming receives less precipitation than the national average, making it suitable for solar panel installation.
- The UV ratings in Evanston, Wyoming are lower than the national average, but still decent for solar power generation.
- Cloud cover in Evanston, Wyoming is slightly lower than the national average, with varying percentages throughout the year.
Now, let’s consider the electricity costs:
- Residents in Evanston, Wyoming pay slightly less for electricity compared to the national average, which is beneficial for investing in solar panels.
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:
- Solar panels generate electricity, reducing the need to purchase electricity from the grid.
- With lower electricity costs in Evanston, Wyoming, the savings may be significant over time.
After analyzing the data, it appears that it would take approximately 5 to 6 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will start to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, you will continue to benefit from these savings for many years. Investing in solar panels is a wise way to save money and contribute to a cleaner environment.
Investing in solar power in Evanston Wyoming
With the favorable weather conditions in Evanston, Wyoming, and the lower electricity costs compared to the national average, investing in solar panels can lead to significant long-term savings on energy expenses. By analyzing the data, it is clear that installing solar panels in Evanston could pay for itself in about 5 to 6 years. This initial investment will continue to provide savings for decades to come, making it a smart financial decision for homeowners looking to reduce their electricity bills. Consider the benefits of solar power and start enjoying the advantages of clean, renewable energy while saving money in the process!