Overview
Solar panels can be a smart financial investment for residents of Farnsworth, Texas. By analyzing weather data and electricity costs over the course of a year, we can estimate the potential savings that come with installing a solar system. This article will break down the costs involved in setting up solar panels on your home and how long it will take to break even based on the data provided. Save money in the long run and reduce your carbon footprint by making the switch to solar energy.
Farnsworth Texas Weather Trends
Farnsworth Precipitation
Farnsworth, Texas received 35.91 inches of precipitation in the last year. While this puts Farnsworth in the 20th percentile in the nation and the 30th percentile in Texas, the national average stands at 50.61 inches and Texas averages 40.86 inches annually. Installing solar panels in Farnsworth can help you capitalize on the abundant sunlight even in a region with lower precipitation levels.
Farnsworth’s UV Rating
In the last year, Farnsworth, Texas had an average UV rating of 4.98, placing it in the 78th percentile nationwide and the 3rd percentile in Texas. Comparatively, the national average UV rating is 4.29, and Texas averages 5.74. With an average max UV rating of 5.46, Farnsworth is in the 66th percentile nationally and the 7th percentile in Texas. The high UV ratings make Farnsworth an ideal location for harnessing solar energy to power your home.
Farnsworth’s Cloud Cover
On average, Farnsworth, Texas experiences 28% cloud cover, ranking it in the 6th percentile in the nation and the 18th percentile in Texas. While the national average for cloud cover is 44.46% and Texas averages 35.45%, Farnsworth had 208 days with clear skies for optimal sunlight exposure. With fewer cloudy days, solar panels in Farnsworth can consistently generate electricity for your home.
Farnsworth Texas Electricity Costs
Residents in Farnsworth, Texas pay around $0.1/kw for electricity, positioning the town in the 10th percentile in the nation and the 15th percentile in Texas. The national average for residential electricity is $0.13/kw, while Texas averages $0.11/kw. By investing in solar panels, Farnsworth residents can significantly reduce their electricity bills over time, making it a cost-effective and environmentally friendly choice for energy consumption.
When could you expect to break even on a solar installation in Farnsworth Texas?
Considering the weather and electricity costs in Farnsworth, Texas, 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:
- Farnsworth, Texas receives less precipitation than the national average, which is good for solar panels.
- The UV ratings in Farnsworth, Texas are higher than the national average, making it a great location for generating solar power.
- Cloud cover in Farnsworth, Texas is lower than the national average, meaning more sunlight for solar panels to work efficiently.
Now, let’s consider the electricity costs:
- Residents in Farnsworth, Texas pay less for electricity compared to the national average, making solar power an even more cost-effective option.
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 needed from the grid and resulting in cost savings.
- With Farnsworth, Texas’s lower electricity rates, the annual savings will be significant.
After crunching the numbers, it looks like it would take around 4.5 years to cover the initial cost of the solar panels. This means, after 4.5 years, the money saved on electricity bills will start to accumulate, paying off the investment. Since solar panels last for 25 to 30 years, you can enjoy savings for many years after breaking even. Investing in solar power is a wise decision to save money and contribute to a cleaner environment.
Investing in solar power in Farnsworth Texas
Investing in solar panels in Farnsworth, Texas can be a smart financial decision. By taking into account the weather trends and electricity costs in the area, we have shown that residents can expect to break even on their investment in around 4.5 years. With lower precipitation levels, higher UV ratings, and less cloud cover than national averages, Farnsworth is an ideal location for generating solar power. By reducing electricity costs over time and contributing to a cleaner environment, residents can enjoy significant savings and benefits from making the switch to solar energy.