Overview
Are you tired of seeing your electricity bill go up every year? Have you considered investing in solar energy for your home in Franklin Ohio? By analyzing weather data and electricity costs specific to Franklin Ohio, we will show you how installing solar panels can save you money in the long run. With the average yearly weather conditions and cost breakdown of a solar system, you can see how quickly you can recoup your initial investment and start enjoying the financial benefits of going solar.
Franklin Ohio Weather Trends
Franklin Precipitation
With Franklin Ohio receiving 45.7 inches of precipitation in the last year, it falls below the national and state averages. While the national average is 50.61 inches, Ohio’s average is slightly higher at 51.17 inches. Despite this, Franklin’s lower precipitation levels can actually be beneficial for solar panel efficiency as less rain means more sunlight to generate electricity.
Franklin’s UV Rating
Franklin Ohio’s average UV rating of 3.94 in the last year places it below the national average of 4.29. However, it surpasses Ohio’s average of 3.84. Additionally, Franklin’s average max UV rating of 4.24 outperforms both the national and state averages. With higher UV ratings, solar panels in Franklin can produce more energy, making them a cost-effective investment for residents.
Franklin’s Cloud Cover
In the last year, Franklin Ohio experienced an average cloud cover of 48%, ranking higher than the national average of 44.46% but lower than Ohio’s average of 51.13%. With varying levels of cloud cover throughout the year, Franklin residents can benefit from consistent sunlight for their solar panels. The 94 days with minimal cloud cover indicate plenty of sunny days to generate solar energy.
Franklin Ohio Electricity Costs
Franklin Ohio residents pay about $0.1/kw for electricity, which is below both the national average of $0.13/kw and Ohio’s average of $0.12/kw. By installing solar panels, residents can not only save on their electricity bills but also reduce their carbon footprint. With lower electricity costs, switching to solar power can lead to substantial long-term savings for Franklin households.
When could you expect to break even on a solar installation in Franklin Ohio?
Considering the weather and electricity costs in Franklin Ohio, 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 Ohio gets slightly less rain than the national average, which is good for solar panels.
- The UV ratings in Franklin Ohio are slightly below the national average, but still sufficient for generating solar power.
- Cloud cover in Franklin Ohio is slightly higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Franklin Ohio pay less for electricity compared to the national average, making solar panels a cost-effective option.
With this information, let’s break down the costs:
- A standard solar system of 10kW costs $20,000 and 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:
- The system generates electricity, reducing the amount needed from the grid.
- With lower electricity rates in Franklin Ohio, the savings are significant.
After analyzing the data, it appears that it would take approximately 4-5 years to cover the initial cost of the solar panels. This means that after this period, the savings on electricity bills will start accumulating and pay off the investment. Considering the long lifespan of solar panels, the savings will continue for many years, making it a wise financial and environmental decision.
Investing in solar power in Franklin Ohio
By analyzing the weather trends and electricity costs in Franklin Ohio, it is evident that investing in solar panels can lead to substantial savings in the long run. With lower precipitation levels, sufficient UV ratings, and consistent sunlight due to cloud cover, solar panels in Franklin can efficiently generate energy. Additionally, with electricity costs below the national average, residents can expect to break even on their initial investment in approximately 4-5 years. This means that beyond this point, the financial benefits of using solar power will continue to accumulate, making it a smart choice for Franklin households looking to save money and reduce their carbon footprint.