Overview
If you’re an Exeter California resident looking to save money on your electricity bill, installing solar panels on your home could be a smart financial decision. By analyzing weather data specific to Exeter, we have determined that the amount of sunlight your home receives throughout the year is ideal for generating solar power. With the cost of electricity on the rise, investing in a solar system can help you save money in the long run. In this article, we will break down the cost of a solar system and estimate how long it will take for you to break even based on the data we have collected.
Exeter California Weather Trends
Exeter Precipitation
With Exeter California receiving 25.32 inches of precipitation in the last year, you’ll be delighted to know that this places you in the 53rd percentile in California and the 9th percentile in the nation. Compared to the national average of 50.61 inches and California’s average of 31.54 inches, Exeter’s lower precipitation levels make it an ideal location for solar energy generation.
Exeter’s UV Rating
Exeter California boasts an average UV rating of 5.41, positioning it in the 84th percentile in California and the 87th percentile in the nation. In comparison, the national average UV rating is 4.29, and California’s is 4.76. Furthermore, with an average maximum UV rating of 6.02, Exeter’s sunny climate is perfect for harnessing solar power efficiently.
Exeter’s Cloud Cover
In the last year, Exeter California had an average cloud cover of 25%, ranking it in the 27th percentile in California and the 4th percentile in the nation. In contrast, the national average for cloud cover is 44.46%, and California’s average is 31.53%. With a majority of days having minimal cloud cover, Exeter provides ample sunshine for solar panels to generate electricity consistently.
Exeter California Electricity Costs
Residents of Exeter pay about $0.18/kw for electricity, which is higher than the national average of $0.13/kw but still lower than California’s average of $0.21/kw. Despite being in the 97th percentile in the nation, investing in solar panels can help offset rising electricity costs and provide long-term savings for Exeter homeowners.
When could you expect to break even on a solar installation in Exeter California?
Considering the weather and electricity costs in Exeter California, 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:
- Exeter California receives less precipitation than the national average, making it ideal for solar panel installations.
- The UV ratings in Exeter California are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Exeter California is lower than the national average, providing more sunlight for solar panels to work efficiently.
Now, let’s consider the electricity costs:
- Residents in Exeter California pay more 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, which means we don’t need to buy as much from the grid.
- With Exeter California’s higher electricity rates, the savings are even greater.
After crunching the numbers, it looks like it would take around 5-6 years to cover the initial cost of the solar panels. That means, after 5-6 years, the money you save on electricity bills will start to add up and pay off the investment. And remember, solar panels last for a long time, so after that initial period, you’ll be enjoying those savings for many years to come. It’s a smart way to save money and help the environment at the same time!
Investing in solar power in Exeter California
Based on the weather data and electricity costs in Exeter California, investing in solar panels can be a wise financial decision for residents. With ample sunshine, higher UV ratings, and lower cloud cover, Exeter provides an ideal environment for solar power generation. Despite the higher electricity costs in the area, the savings from using solar energy can help homeowners break even on their investment in about 5-6 years. Not only will this save money in the long run, but it will also contribute to a greener future. By installing solar panels, Exeter residents can enjoy both financial benefits and environmental advantages for years to come.