Overview
Learn how installing solar panels on your home in Fairmount City, Pennsylvania can save you money in the long run. By analyzing weather data and electricity costs specific to your area, we can show you the financial benefits of making the switch to solar energy. Discover how much you can save on your electricity bills and estimate how quickly you can break even on the cost of a solar system.
Fairmount City Pennsylvania Weather Trends
Fairmount City Precipitation
In the last year, Fairmount City Pennsylvania received 60.37 inches of precipitation, placing it in the 71st percentile in the nation and the 61st percentile in Pennsylvania. With the national average at 50.61 inches and Pennsylvania’s average at 59.53 inches, Fairmount City experiences a decent amount of rainfall, making it an ideal location for harnessing solar energy.
Fairmount City’s UV Rating
Last year, Fairmount City Pennsylvania had an average UV rating of 3.38, placing it in the 14th percentile in the nation and the 16th percentile in Pennsylvania. With the national average at 4.29 and Pennsylvania’s average at 3.82, Fairmount City enjoys a moderate amount of sunlight throughout the year, making it a suitable candidate for solar panel installation.
Fairmount City’s Cloud Cover
On average, Fairmount City Pennsylvania had a 57% cloud cover last year, positioning it in the 92nd percentile in the nation and the 85th percentile in Pennsylvania. With the national average at 44.46% and Pennsylvania’s average at 51.8%, Fairmount City experiences a significant amount of sunshine, perfect for maximizing the efficiency of solar panels.
Fairmount City Pennsylvania Electricity Costs
Residents of Fairmount City Pennsylvania pay about $0.13/kw for electricity, placing them in the 68th percentile in the nation and the 42nd percentile in Pennsylvania. While the national average for residential electricity is also $0.13/kw, Pennsylvania’s average matches that as well. By installing solar panels, residents can take advantage of the abundant sunlight and relatively affordable electricity rates to save money in the long run.
When could you expect to break even on a solar installation in Fairmount City Pennsylvania?
Considering the weather and electricity costs in Fairmount City Pennsylvania, 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:
- Fairmount City Pennsylvania receives more precipitation than the national average, but it still has enough sunlight for solar panels to function effectively.
- The UV ratings in Fairmount City Pennsylvania are slightly lower than the national average, but they are still sufficient for generating solar power.
- Cloud cover in Fairmount City Pennsylvania is above the national average, with varying percentages throughout the year.
Now, let’s consider the electricity costs:
- Residents in Fairmount City Pennsylvania pay an average of $0.13/kw for electricity, which is in line with 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:
- The system generates electricity, reducing the amount needed from the grid and resulting in cost savings.
- Due to the higher electricity rates in Fairmount City Pennsylvania, the potential savings are even greater.
Based on the calculations, it would take approximately 5 years to cover the initial cost of the solar panels. This means that after 5 years, the savings on electricity bills will start to accumulate and offset the investment. Considering the long lifespan of solar panels, these savings will continue for many years beyond the break-even point, making it a financially wise and environmentally friendly investment.
Investing in solar power in Fairmount City Pennsylvania
After analyzing the weather data and electricity costs specific to Fairmount City, Pennsylvania, it is clear that installing solar panels can lead to significant financial savings in the long run. With ample sunlight, above-average cloud cover, and relatively affordable electricity rates, residents can expect to break even on their initial investment in solar panels within approximately 5 years. Beyond that point, the savings on electricity bills will continue for many more years, making the switch to solar energy not only financially savvy but also environmentally friendly.