Overview
Are you tired of high electricity bills draining your wallet each month? If you live in Evensville, Tennessee, installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data and electricity costs specific to Evensville, we have determined that a solar system can help you save money in the long run. In this article, we break down the cost of a solar system and estimate how long it will take for you to break even, making the case for why going solar is a smart financial decision for Evensville residents.
Evensville Tennessee Weather Trends
Evensville Precipitation
With Evensville receiving 65.41 inches of precipitation in the last year, it is evident that the area experiences a significant amount of rainfall, ranking higher than most of the nation and Tennessee. This abundant rainfall provides an ideal environment for solar panels to generate clean energy, making it a financially beneficial choice for residents of Evensville looking to save on electricity costs in the long run.
Evensville’s UV Rating
Having an average UV rating of 4.56, Evensville enjoys a higher level of solar radiation compared to the national and Tennessee averages. This means that installing solar panels in Evensville can result in more efficient energy production, allowing residents to maximize their savings while reducing their carbon footprint. The favorable UV rating makes Evensville an excellent location for solar panel installation, ensuring a reliable source of renewable energy.
Evensville’s Cloud Cover
With an average of 44% cloud cover, Evensville experiences relatively clear skies, making it an ideal location for solar energy production. Residents can benefit from the consistent sunlight throughout the year, optimizing the performance of their solar panels and ultimately saving more on electricity bills. The ample sunshine in Evensville ensures a reliable source of clean energy, making solar panel installation a wise investment for long-term financial savings.
Evensville Tennessee Electricity Costs
Residents of Evensville pay approximately $0.11 per kilowatt-hour for electricity, aligning closely with the Tennessee average and placing Evensville below the national average. With competitive electricity rates and favorable solar conditions, installing solar panels in Evensville can significantly lower energy bills and provide a reliable source of sustainable power. By harnessing the abundant sunlight in Evensville, residents can enjoy cost savings and contribute to a greener future for their community.
When could you expect to break even on a solar installation in Evensville Tennessee?
Considering the weather and electricity costs in Evensville, Tennessee, 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:
- Evensville gets more precipitation than the national average, but still has good UV ratings for solar power generation.
- The UV ratings in Evensville are slightly above the national average, which is great for generating solar power.
- Cloud cover in Evensville is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Evensville 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, reducing the need to buy electricity from the grid.
- With Evensville’s lower electricity rates, the savings may take longer to reach the initial cost of the solar panels.
After analyzing the data, it looks like it would take around 7 years to cover the initial cost of the solar panels in Evensville. This means, after 7 years, the savings on electricity bills will begin to accumulate and pay off the investment. And remember, solar panels have a long lifespan, so you’ll continue to benefit from those savings for many years to come. It’s a smart choice to save money and contribute to a greener environment!
Investing in solar power in Evensville Tennessee
Installing solar panels in Evensville, Tennessee can be a smart financial decision for residents looking to save money on electricity costs in the long run. With abundant precipitation, favorable UV ratings, and clear skies, Evensville provides an ideal environment for solar energy production. Additionally, with competitive electricity rates, residents can expect to break even on their solar panel investment in approximately 7 years. By harnessing the power of the sun, Evensville residents can not only enjoy cost savings but also contribute to a greener future for their community. Switching to solar power is a win-win situation that benefits both your wallet and the environment.