Overview
In Evening Shade, Arkansas, installing solar panels on your home can lead to significant financial savings over time. By analyzing weather data and electricity costs specific to the area, we can show you how a solar system can help you break even and start saving money in the long run. With favorable weather conditions for solar energy production and rising electricity costs, investing in solar panels is a smart decision that can benefit both your wallet and the environment.
Evening Shade Arkansas Weather Trends
Evening Shade Precipitation
With an average of 56.18 inches of precipitation in the last year, Evening Shade, Arkansas falls above the national average of 50.61 inches. Although Evening Shade is in the 62nd percentile in the nation, it ranks slightly higher at the 58th percentile within Arkansas. This means that despite the relatively higher precipitation levels, the area is still ideal for harnessing solar energy.
Evening Shade’s UV Rating
Evening Shade’s average UV rating of 4.81 in the last year positions it above the national average of 4.29. While the town ranks in the 73rd percentile nationwide, it falls in the 16th percentile within Arkansas. Additionally, the area’s average max UV rating of 5.26 places it in the 62nd percentile nationwide. Despite lower rankings in the state, these UV levels make Evening Shade a suitable location for solar energy production.
Evening Shade’s Cloud Cover
With an average of 39% cloud cover, Evening Shade is below both the national average of 44.46% and the state average of 38.77%. The town falls in the 23rd percentile nationwide and the 63rd percentile within Arkansas. Additionally, the distribution of cloud cover days in Evening Shade allows for sufficient sunlight for solar panels to generate electricity on most days throughout the year.
Evening Shade Arkansas Electricity Costs
Residents of Evening Shade pay about $0.11/kw for electricity, which is lower than the national average of $0.13/kw. While the town ranks in the 35th percentile nationwide, it ranks higher at the 85th percentile within Arkansas. This means that investing in solar panels can significantly reduce electricity costs for Evening Shade residents, leading to long-term financial savings and a more sustainable lifestyle.
When could you expect to break even on a solar installation in Evening Shade Arkansas?
Considering the weather and electricity costs in Evening Shade Arkansas, 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:
- Evening Shade Arkansas receives slightly more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Evening Shade Arkansas are higher than the national average, which is great for generating solar power.
- The cloud cover in Evening Shade Arkansas is lower than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Evening Shade Arkansas pay a bit 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 purchased from the grid.
- With the lower electricity rates in Evening Shade Arkansas, the savings are significant.
After evaluating the numbers, it appears that it would take approximately 4-6 years to cover the initial cost of the solar panels. This means that after this time, the money saved on electricity bills will begin to accumulate and reimburse the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years beyond the payback period. Installing solar panels is a wise way to save money and contribute to environmental conservation!
Investing in solar power in Evening Shade Arkansas
Installing solar panels in Evening Shade, Arkansas is a wise investment that can lead to significant financial savings over time. By analyzing the area’s weather trends and electricity costs, it is evident that solar energy production is favorable in this town. With higher than average UV ratings, lower cloud cover, and electricity costs below the national average, residents of Evening Shade can expect to break even on their solar panel investment within 4-6 years. Not only will this lead to long-term savings on electricity bills, but it will also contribute to a more sustainable lifestyle. Choosing solar power is a smart decision that benefits both individuals and the environment.