Overview
Are you a Fordyce Arkansas resident looking to save money on your electricity bills? Installing solar panels on your home could be the solution for you. By analyzing weather data specific to Fordyce, such as inches of precipitation, average max UV rating, average UV rating, and average percentage cloud cover, we can estimate the financial benefits of switching to solar power. In this article, we will break down the cost of a solar system, estimate how long it will take to break even, and show you how much money you could save in the long run.
Fordyce Arkansas Weather Trends
Fordyce Precipitation
With Fordyce receiving 49.09 inches of precipitation in the last year, it falls slightly below the national average of 50.61 inches. Comparatively, Arkansas’s average is 54.5 inches, placing Fordyce in the 21st percentile in the state and the 46th percentile in the nation. By harnessing solar power, residents can utilize this natural resource to offset their electricity usage and save money in the long run.
Fordyce’s UV Rating
Fordyce’s average UV rating of 5.32 is higher than both the national average of 4.29 and Arkansas’s average of 5.13, placing Fordyce in the 85th percentile nationwide and the 81st percentile in the state. Additionally, the average max UV rating of 5.76 positions Fordyce in the 73rd percentile in the nation and the 72nd percentile in Arkansas. These high UV ratings make Fordyce an ideal location for solar panel installation, as the abundant sunlight can be converted into cost-effective energy for your home.
Fordyce’s Cloud Cover
Despite having an average cloud cover of 39%, which is close to the national average of 44.46%, Fordyce ranks lower in cloud cover compared to Arkansas’s average of 38.77%. The distribution of cloud cover days in Fordyce provides ample opportunities for solar panels to harness sunlight efficiently. With 137 days of minimal cloud cover and 56 days of significant cloud cover, residents can still benefit from solar energy for a vast majority of the year.
Fordyce Arkansas Electricity Costs
Residents in Fordyce pay about $0.12/kw for electricity, slightly lower than the national average of $0.13/kw. However, compared to the state average of $0.11/kw, Fordyce falls in the 93rd percentile in Arkansas. By generating your own solar power, you can reduce your dependence on the grid and stabilize your electricity costs, saving money over time while also contributing to a cleaner environment.
When could you expect to break even on a solar installation in Fordyce Arkansas?
Considering the weather and electricity costs in Fordyce, 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:
- Fordyce receives slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Fordyce are higher than the national average, which is great for generating solar power efficiently.
- Cloud cover in Fordyce is lower than the national average, providing more sunlight for solar panels to work effectively.
Now, let’s consider the electricity costs:
- Residents in Fordyce pay a bit less for electricity compared to the national average, which can increase the savings from using solar power.
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 saving money on bills.
- With Fordyce’s lower electricity rates, the savings from using solar power are even more significant.
After analyzing the data, it appears that it would take around 4-7 years to cover the initial cost of the solar panels in Fordyce, Arkansas. This means that after this timeframe, the money saved on electricity bills will start to surpass the investment. Additionally, since solar panels last for many years, the savings will continue for a long time after breaking even. Installing solar panels not only helps save money but also contributes to a more sustainable and environmentally friendly lifestyle.
Investing in solar power in Fordyce Arkansas
In Fordyce, Arkansas, installing solar panels can be a smart financial decision. With slightly lower precipitation, higher UV ratings, and less cloud cover compared to national averages, Fordyce provides an ideal environment for solar panel installations. Additionally, residents pay about $0.12/kw for electricity, which is lower than the national average, making solar power an even more cost-effective option. By analyzing the data, we can estimate that it would take around 4-7 years to break even on the initial cost of solar panels. After this period, the savings on electricity bills will continue to accumulate, making solar energy a long-term investment that not only saves money but also promotes a greener lifestyle. Consider harnessing the power of the sun in Fordyce to not only reduce costs but also contribute to a more sustainable future.