Overview
Are you a Franklin Tennessee resident looking to save money on your electricity bills? Installing solar panels on your home can be a cost-effective solution that not only reduces your carbon footprint but also saves you money in the long run. In this article, we will break down the financial benefits of installing a solar system in Franklin based on weather data and electricity costs, showing you how long it will take to break even on your investment. With ample sunshine and potential savings, going solar in Franklin may be the right choice for you.
Franklin Tennessee Weather Trends
Franklin Precipitation
With Franklin Tennessee receiving 55.29 inches of precipitation in the last year, it falls within the 60th percentile in the nation and the 33rd percentile in Tennessee. Compare that to the national average of 50.61 inches and Tennessee’s average of 58.16 inches. Despite being slightly lower than the state average, Franklin still experiences a significant amount of rainfall that can affect energy production from solar panels.
Franklin’s UV Rating
Franklin Tennessee had an average UV rating of 4.64 last year, ranking it in the 68th percentile in the nation and the 48th percentile in Tennessee. The national average is 4.29, while Tennessee’s average is 4.65. Additionally, Franklin’s average max UV rating of 5.03 places it in the 57th percentile nationally and the 54th percentile within the state. This means that Franklin enjoys ample sunshine, ideal for generating solar energy to power your home.
Franklin’s Cloud Cover
Despite having an average of 43% cloud cover in the last year, Franklin Tennessee is positioned in the 44th percentile in the nation and the 35th percentile in Tennessee. Comparatively, the national average for cloud cover is 44.46%, with Tennessee’s average at 43.78%. The variance in cloud cover throughout the year allows for periods of clear skies, maximizing solar production potential and increasing the financial benefits of installing solar panels on your home.
Franklin Tennessee Electricity Costs
Residents of Franklin pay approximately $0.11 per kilowatt-hour for electricity, placing it in the 28th percentile nationally and the 43rd percentile within Tennessee. In comparison, the national average for residential electricity costs is $0.13/kw, while Tennessee’s average matches that of Franklin at $0.11/kw. With lower-than-average electricity rates, the savings you can achieve over time by switching to solar power in Franklin are substantial and make for a wise financial decision.
When could you expect to break even on a solar installation in Franklin Tennessee?
Considering the weather and electricity costs in Franklin, Tennessee, 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 gets slightly more precipitation than the national average, but it still has plenty of sunshine for solar panels to function effectively.
- The UV ratings in Franklin are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Franklin is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Franklin pay less for electricity compared to the national average, which is beneficial for investing in 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 solar system generates electricity, reducing the amount needed from the grid and resulting in savings on electricity bills.
- With Franklin’s lower electricity rates, the savings from using solar power are significant.
After analyzing the numbers, it looks like it would take around 6 years to cover the initial cost of the solar panels in Franklin. This means that after 6 years, the money saved on electricity bills will start to compensate for the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years after the initial cost is recovered. Investing in solar power is a smart way to save money and contribute to a greener environment over the long term!
Investing in solar power in Franklin Tennessee
Installing solar panels in Franklin, Tennessee can be a practical and financially wise decision based on the weather trends and electricity costs in the area. With ample sunshine, low electricity rates, and the potential to break even on your investment in around 6 years, going solar in Franklin offers significant long-term savings. By generating your electricity from solar power, not only will you save money on your bills, but you will also reduce your carbon footprint and contribute to a cleaner environment. Consider the benefits and financial advantages of installing solar panels on your home in Franklin today!