Overview
If you live in Evansville Wyoming, installing solar panels on your home could be a smart financial decision. By analyzing weather data and electricity costs over a year, we can show you how much money you could save by switching to solar energy. With the cost breakdown of a solar system and an estimate of how long it will take to break even, you can see the long-term benefits of making the switch to solar power.
Evansville Wyoming Weather Trends
Evansville Precipitation
In the last year, Evansville Wyoming received 21.18 inches of precipitation, ranking it in the 6th percentile in the nation and the 41st percentile in Wyoming. Comparatively, the national average for total precipitation is 50.61 inches, while Wyoming’s average is 28.52 inches. With lower precipitation levels, Evansville’s climate is ideal for solar panel installation, as less rain means more opportunities for solar energy production.
Evansville’s UV Rating
Over the last year, Evansville Wyoming had an average UV rating of 3.66, placing it in the 27th percentile in the nation and the 68th percentile in Wyoming. Nationally, the average UV rating is 4.29, while Wyoming’s average is 3.45. With a decent amount of sun exposure, Evansville residents can take advantage of solar power to generate electricity and potentially save money on their energy bills in the long run. Additionally, the average max UV rating of 3.87 highlights ample sunlight for efficient solar panel performance.
Evansville’s Cloud Cover
Evansville Wyoming had an average of 31% cloud cover in the last year, positioning it in the 8th percentile in the nation and the 7th percentile in Wyoming. Comparatively, the national average for cloud cover is 44.46%, while Wyoming’s average is 36.73%. With 182 days of low cloud cover, residents in Evansville have plenty of sunny days to harness solar energy for their homes, potentially reducing reliance on traditional grid electricity.
Evansville Wyoming Electricity Costs
Evansville residents currently pay about $0.11/kw for electricity, placing them in the 25th percentile in the nation and the 27th percentile in Wyoming. The national average for residential electricity is $0.13/kw, while Wyoming’s average is also $0.11/kw. With relatively low electricity costs compared to the national and state averages, transitioning to solar power can offer significant long-term savings and contribute to a more sustainable future.
When could you expect to break even on a solar installation in Evansville Wyoming?
Considering the weather and electricity costs in Evansville, 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:
- Evansville receives less precipitation than the national average, making it a suitable location for solar panels.
- The UV ratings in Evansville are slightly lower than the national average, but still effective for generating solar power.
- Cloud cover in Evansville is lower than the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Evansville 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 from the grid.
- With Evansville’s lower electricity rates, the savings are slightly less compared to the national average.
After analyzing the data, it seems that it would take around 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will start to offset the investment. Given that solar panels last for a long time, you will continue to benefit from these savings for many years beyond the payback period. It’s a cost-effective way to save money and contribute positively to the environment!
Investing in solar power in Evansville Wyoming
Based on the weather trends and electricity costs in Evansville Wyoming, transitioning to solar power can be a wise financial move. With lower precipitation levels, an adequate UV rating, and minimal cloud cover, residents of Evansville have optimal conditions for solar energy production. Additionally, with electricity costs below the national average, the savings from using solar power can help offset the initial investment in a solar system within approximately 6 years. By making the switch to solar power, not only can you save money in the long run, but you can also contribute to a more sustainable future. Consider installing solar panels on your home in Evansville to reap the benefits of clean, renewable energy and reduced electricity bills!