Overview
Discover the financial benefits of installing solar panels in Evarts, Kentucky! By analyzing weather data and electricity costs specific to the area, we can show you how investing in a solar system can save you money in the long run. With the potential to break even in a certain number of years, this article will break down the costs and benefits of going solar in Evarts, encouraging you to make the switch to renewable energy.
Evarts Kentucky Weather Trends
Evarts Precipitation
With Evarts, Kentucky receiving 70.23 inches of precipitation in the last year, it’s important to note that this puts Evarts in the 89th percentile in the nation and the 97th percentile in Kentucky for total precipitation. Compared to the national average of 50.61 inches and Kentucky’s average of 54.69 inches, Evarts experiences more rainfall, making it an ideal location for harnessing solar energy.
Evarts’s UV Rating
Evarts, Kentucky had an average UV rating of 4.2 in the last year, placing it in the 54th percentile in the nation and the 12th percentile in Kentucky. Looking at the national average of 4.29 and Kentucky’s average of 4.37, it’s clear that Evarts receives a decent amount of sunlight, making solar panels a viable option. Additionally, with an average max UV rating of 4.57, Evarts is in a favorable position for solar energy production.
Evarts’s Cloud Cover
Evarts, Kentucky had an average of 48% cloud cover in the last year, placing it in the 66th percentile in the nation and the 82nd percentile in Kentucky. Compared to the national average of 44.46% and Kentucky’s average of 45.75%, Evarts has relatively clear skies, allowing for optimal sunlight exposure for solar panels. With varying degrees of cloud cover throughout the year, there are plenty of opportunities for solar energy generation.
Evarts Kentucky Electricity Costs
Residents of Evarts, Kentucky pay about $0.11/kw for electricity, which puts them in the 21st percentile in the nation and the 45th percentile in Kentucky. When compared to the national average of $0.13/kw and Kentucky’s average of $0.11/kw, it’s evident that Evarts enjoys relatively lower electricity costs. By investing in solar panels, residents can further reduce their energy expenses and contribute to a more sustainable future.
When could you expect to break even on a solar installation in Evarts Kentucky?
Considering the weather and electricity costs in Evarts, Kentucky, 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:
- Evarts received more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Evarts are slightly lower than the national average, but they are still conducive to generating solar power.
- Cloud cover in Evarts is slightly higher than the national average, with fluctuations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Evarts 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 need to purchase from the grid.
- With Evarts’ lower electricity rates, the savings are still significant.
After analyzing the numbers, it appears that it would take approximately 6 years to cover the initial cost of the solar panels. This means that after 6 years, the savings on electricity bills will start to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, you will continue to enjoy these savings for many years beyond the payback period. Investing in solar power is a wise choice for both financial savings and environmental impact!
Investing in solar power in Evarts Kentucky
Investing in solar panels in Evarts, Kentucky is a smart financial decision that can lead to significant savings in the long run. By taking into account the weather data specific to Evarts, as well as the relatively lower electricity costs in the area, it is clear that solar energy is a viable option for residents. With the potential to break even on the initial investment in approximately 6 years, switching to solar power not only benefits your wallet but also contributes to a more sustainable future. Make the switch to renewable energy today and start enjoying the benefits of solar power!