Overview
Thinking about installing solar panels on your home in Everton, Arkansas? You’re in luck! By harnessing the power of the sun, you can save money on your electricity bill and reduce your carbon footprint. In this article, we will explore how much money you can save by installing a solar system based on local weather data and electricity costs. We will break down the cost of a solar system, estimate the time it will take to break even, and show you just how beneficial going solar can be for your wallet.
Everton Arkansas Weather Trends
Everton Precipitation
With Everton receiving 54.95 inches of precipitation in the last year, you are in a better position than most in the nation and even above the Arkansas average. This means your solar panels will have plenty of opportunities to generate electricity, even when the skies are cloudy. By taking advantage of this abundant resource, you can maximize your savings and reduce your reliance on traditional energy sources.
Everton’s UV Rating
Featuring an average UV rating of 4.69, Everton is in a prime location for harnessing solar energy. You are ahead of the national and state averages in terms of UV exposure, which means your solar panels will be more efficient in converting sunlight into electricity. With a high max UV rating of 5.1, your panels will be working at their optimal capacity most days, allowing you to generate maximum savings on your electricity bills.
Everton’s Cloud Cover
With an average cloud cover of 38%, Everton Arkansas provides a favorable environment for solar panel installation. You experience fewer cloudy days compared to the national average, which means your panels will receive more direct sunlight. Additionally, with a breakdown of cloud cover percentages, you can plan ahead and know when your panels will perform best. This will result in increased energy production and greater cost savings over time.
Everton Arkansas Electricity Costs
At $0.11/kw for electricity, Everton residents pay below the national average, making solar panel installation even more financially attractive. By switching to solar energy, you can further reduce your electricity costs and protect yourself against potential future rate increases. With the abundance of sunlight in Everton, you have the opportunity to take control of your energy usage and make a positive impact on both your finances and the environment.
When could you expect to break even on a solar installation in Everton Arkansas?
Considering the weather and electricity costs in Everton, 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:
- Everton, Arkansas receives slightly more precipitation than the national average, but it still has enough sun for solar panels to be effective.
- The UV ratings in Everton are slightly higher than the national average, making it a good location for generating solar power.
- Cloud cover in Everton is lower than the national average, which is beneficial for solar panel efficiency.
Now, let’s consider the electricity costs:
- Residents in Everton, Arkansas pay less for electricity compared to the national average, which can impact the savings from solar panels.
With this information, let’s break down the costs:
- A standard solar system of 10kW costs $20,000 upfront.
- These solar panels are expected to last between 25 and 30 years, providing long-term savings.
To calculate how long it would take to break even on this investment, we need to determine the annual savings from using solar power. Here’s how:
- Since solar panels generate electricity, homeowners will purchase less from the grid, resulting in savings on electricity bills.
- With Everton’s lower electricity rates, the savings from using solar power will be slightly lower compared to areas with higher rates.
Based on the given information, it seems that it would take approximately 5 to 6 years to cover the initial cost of the solar panels. After this period, the savings on electricity bills will start to accumulate and pay off the investment. Considering that solar panels can last for 25 to 30 years, homeowners in Everton can enjoy these savings for many years after breaking even. Investing in solar panels not only saves money in the long run but also contributes to a more sustainable environment.
Investing in solar power in Everton Arkansas
Installing solar panels in Everton, Arkansas is a wise decision that can lead to significant financial savings and a reduced carbon footprint. With ample sunlight, favorable weather conditions, and below-average electricity costs, residents of Everton have the opportunity to break even on their solar panel investment in just 5 to 6 years. Beyond that, homeowners can enjoy long-term savings and contribute to a more sustainable environment. By harnessing the power of the sun, Everton residents can take control of their energy usage and benefit financially for years to come.