Overview
In Foxworth, Mississippi, where sunny days outnumber cloudy ones, installing solar panels can lead to significant cost savings on electricity bills. By analyzing a year’s worth of weather data and electricity costs, we can show you how much you can save by harnessing the power of the sun. With a breakdown of solar system costs and estimated payback time, this article will demonstrate why going solar is a smart financial decision for Foxworth residents.
Foxworth Mississippi Weather Trends
Foxworth Precipitation
With Foxworth receiving 66.94 inches of precipitation in the past year, it is clear that the area experiences a significant amount of rainfall. Compared to the national average of 50.61 inches, Foxworth is in the 84th percentile in the nation. Additionally, Foxworth’s precipitation levels place it in the 83rd percentile in Mississippi, where the average is 60.13 inches. Utilizing solar panels can help offset high electricity bills caused by increased energy consumption during rainy days.
Foxworth’s UV Rating
With an average UV rating of 5.59, Foxworth ranks in the 90th percentile in both the nation and Mississippi. The national average UV rating is 4.29, while Mississippi’s average is 5.31. This indicates that Foxworth receives ample sunlight, making it an ideal location for harnessing solar energy. By taking advantage of the abundant sunlight, residents can reduce their carbon footprint and lower their monthly electricity costs.
Foxworth’s Cloud Cover
With an average of 43% cloud cover in the last year, Foxworth is in the 47th percentile in the nation and the 90th percentile in Mississippi. Compared to the national average of 44.46% and Mississippi’s average of 41.29%, Foxworth experiences slightly lower cloud cover. This means that residents can rely on consistent sunlight for their solar panels to generate electricity throughout the year, maximizing their energy savings potential.
Foxworth Mississippi Electricity Costs
Residents in Foxworth pay about $0.13/kw for electricity, placing them in the 72nd percentile in the nation and the 98th percentile in Mississippi. Although the national average for residential electricity is also $0.13/kw, Mississippi’s average is slightly lower at $0.11/kw. By switching to solar energy, Foxworth homeowners can not only reduce their reliance on traditional energy sources but also save money in the long run as electricity costs continue to rise.
When could you expect to break even on a solar installation in Foxworth Mississippi?
Considering the weather and electricity costs in Foxworth, Mississippi, 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:
- Foxworth gets more rain than the national average, but it still has plenty of sunshine for solar panels to be effective.
- The UV ratings in Foxworth are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Foxworth is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Foxworth 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:
- Solar panels generate electricity, reducing the need to purchase as much from the grid.
- With Foxworth’s average electricity rates, the savings will help offset the initial cost of the solar panels.
After crunching the numbers, it looks like it would take around 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels last for 25-30 years, you’ll continue to enjoy savings for many years to come. It’s a wise investment that not only saves money but also contributes to a greener environment!
Investing in solar power in Foxworth Mississippi
Switching to solar energy in Foxworth, Mississippi can lead to significant long-term savings on electricity bills. By utilizing the ample sunlight, residents can offset the high electricity costs and reduce their carbon footprint. With an estimated payback time of around 7-8 years, investing in solar panels is a smart financial decision for Foxworth residents. Not only will it save money in the long run, but it will also contribute to a greener and more sustainable environment for the community.