Overview
Are you a Forest Lakes Arizona resident looking to save money on your electricity bills? Installing solar panels on your home could be the answer! In this article, we will break down the financial benefits of switching to solar power in Forest Lakes. By analyzing weather data and electricity costs specific to the area, we will show you how investing in a solar system can help you break even in a reasonable amount of time. Read on to discover how you can start saving money with solar energy!
Forest Lakes Arizona Weather Trends
Forest Lakes Precipitation
With 18.57 inches of precipitation in the last year, Forest Lakes Arizona is in the 5th percentile in the nation and the 90th percentile in Arizona. Comparatively, the national average for total precipitation is 50.61 inches, while Arizona’s average is 12 inches. By leveraging this lower precipitation level, Forest Lakes residents can benefit from more sunny days conducive to solar power generation.
Forest Lakes’s UV Rating
In the last year, Forest Lakes Arizona had an average UV rating of 4.98, placing it in the 77th percentile in the nation and the 39th percentile in Arizona. Nationally, the average UV rating is 4.29, while Arizona’s average is 5.41. Additionally, Forest Lakes saw an average max UV rating of 5.55, demonstrating its potential for harnessing solar energy efficiently with higher sun exposure.
Forest Lakes’s Cloud Cover
Forest Lakes Arizona experienced an average cloud cover of 20% in the last year, ranking it in the 2nd percentile nationally and the 69th percentile in Arizona. In comparison, the national average for cloud cover is 44.46%, and Arizona’s average is 19.26%. With 252 days of minimal cloud cover, Forest Lakes offers ample opportunities to maximize solar panel efficiency.
Forest Lakes Arizona Electricity Costs
Forest Lakes residents pay approximately $0.13/kw for electricity, positioning the area in the 76th percentile nationally and the 71st percentile in Arizona. This rate is consistent with the national average, offering residents a cost-effective opportunity to switch to solar power and reduce their electricity expenses in the long run.
When could you expect to break even on a solar installation in Forest Lakes Arizona?
Considering the weather and electricity costs in Forest Lakes Arizona, 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:
- Forest Lakes Arizona gets less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Forest Lakes Arizona are higher than the national average, which is great for generating solar power efficiently.
- Cloud cover in Forest Lakes Arizona is lower than the national average, providing more sunlight for solar panels to generate electricity.
Now, let’s consider the electricity costs:
- Residents in Forest Lakes Arizona pay the national average for electricity, which is $0.13/kw.
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 solar panels will reduce the amount of electricity needed from the grid, resulting in savings on electricity bills.
- With electricity costs at $0.13/kw, the savings from using solar power will help offset the initial investment cost.
After calculating the numbers, it looks like it would take around 8 years to cover the initial cost of the solar panels in Forest Lakes Arizona. This means that after 8 years, the savings on electricity bills will start to reimburse the investment. Since solar panels last for many years, you will continue to benefit from these savings for a long time. Investing in solar panels not only saves money in the long run but also contributes to a sustainable and eco-friendly lifestyle!
Investing in solar power in Forest Lakes Arizona
Investing in solar panels in Forest Lakes Arizona can be a wise financial decision with the potential to break even in around 8 years. The area’s lower precipitation, higher UV ratings, and minimal cloud cover create an ideal environment for harnessing solar energy efficiently. With electricity costs in line with the national average, residents have the opportunity to save money on their electricity bills in the long run. By making the switch to solar power, Forest Lakes residents can not only cut costs but also contribute to a sustainable and eco-friendly lifestyle that benefits both their wallets and the environment.