Overview
Are you tired of high electricity bills? Consider installing solar panels on your home in Franklin, Louisiana. By analyzing weather data and electricity costs over the course of a year, we can estimate how long it will take for you to break even on your investment in solar energy. With plenty of sunshine and low average percentages of cloud cover, Franklin is the perfect location for a solar system. Save money on your utility bills and reduce your carbon footprint by making the switch to solar power.
Franklin Louisiana Weather Trends
Franklin Precipitation
With Franklin, Louisiana receiving 74.75 inches of precipitation in the last year, it is clear that the area experiences a significant amount of rain. Compared to the national average of 50.61 inches and Louisiana’s average of 52.6 inches, Franklin is well above average. By harnessing this rainwater with solar panels, you can save money on your utility bills while helping the environment.
Franklin’s UV Rating
Franklin, Louisiana had an average UV rating of 3.76 in the last year, which is slightly lower than the national average of 4.29 and significantly lower than Louisiana’s average of 5.69. With an average max UV rating of 4.06, Franklin is also below average compared to both the national and state averages. By utilizing this sunlight effectively through solar panels, you can take advantage of the ample sunshine in the area to power your home efficiently.
Franklin’s Cloud Cover
Franklin, Louisiana had an average of 47% cloud cover in the last year, which is higher than the national average of 44.46% but lower than Louisiana’s average of 40.63%. Despite this, Franklin still had numerous days with clear skies, making it an ideal location for solar energy production. By installing solar panels, you can generate clean electricity even on days with varying cloud cover.
Franklin Louisiana Electricity Costs
Residents of Franklin, Louisiana pay around $0.1/kw for electricity, which is in line with the state average but below the national average of $0.13/kw. With such affordable electricity costs, investing in solar panels can help you save even more in the long run. By producing your electricity with solar power, you can reduce your reliance on traditional energy sources and lower your carbon footprint.
When could you expect to break even on a solar installation in Franklin Louisiana?
Considering the weather and electricity costs in Franklin Louisiana, 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:
- Franklin Louisiana receives more rain compared to the national average, but there is still sufficient sunlight for solar panels to be effective.
- The UV ratings in Franklin Louisiana are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Franklin Louisiana is about average for the country, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Franklin Louisiana pay a bit less for electricity compared to 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. Here’s how:
- The solar system generates electricity, reducing the need to purchase electricity from the grid.
- With relatively lower electricity rates in Franklin Louisiana, the savings from using solar power are slightly less compared to the national average.
After analyzing the numbers, it appears that it would take around 4 to 5 years to offset the initial cost of the solar panels. This means that after 4 to 5 years, the money saved on electricity bills will start to surpass the investment. Furthermore, considering the long lifespan of solar panels, the savings accumulated will continue for many years beyond the break-even point. Investing in solar energy not only provides financial benefits but also contributes to a more sustainable future.
Investing in solar power in Franklin Louisiana
Installing solar panels in Franklin, Louisiana is a smart investment that can help you save money on your electricity bills and reduce your carbon footprint. With above-average precipitation, suitable UV ratings, and moderate cloud cover, Franklin provides the ideal environment for solar energy production. Additionally, the affordable electricity costs in the area make it even more financially beneficial to switch to solar power. By analyzing the data, it is estimated that it would take around 4 to 5 years to break even on the initial cost of the solar panels. Beyond that point, the savings will continue to accumulate, offering both financial and environmental advantages for many years to come.