Overview
Are you a Franklin, Texas resident looking to save money on your electricity bill? Installing solar panels on your home could be the answer. By analyzing the weather data and electricity costs specific to Franklin, Texas, we can show you how much you can save by switching to solar power. With a breakdown of the cost of a solar system and an estimate of how quickly you can recoup your investment, this article will demonstrate the financial benefits of going solar in Franklin, Texas.
Franklin Texas Weather Trends
Franklin Precipitation
With Franklin, Texas receiving 43.6 inches of precipitation in the last year, it falls below the national average of 50.61 inches. However, when compared to the rest of Texas, Franklin is actually above the state average of 40.86 inches. This means that Franklin’s weather conditions are conducive to solar panel efficiency, with ample sunlight available for harnessing energy.
Franklin’s UV Rating
In the last year, Franklin Texas had an average UV rating of 5.76, ranking it high nationally at the 92nd percentile. Despite this, when compared to the average UV rating in Texas, Franklin falls slightly below the state average of 5.74. These high UV ratings indicate high levels of sunlight exposure, making Franklin an ideal location for solar panel installation to maximize energy production.
Franklin’s Cloud Cover
Franklin, Texas had an average of 36% cloud cover in the last year, which is lower than the national average of 44.46%. Compared to the rest of Texas, Franklin’s cloud cover is also lower than the state average of 35.45%. With fewer cloudy days, residents can expect more sunlight exposure, which is crucial for efficient solar panel operation and increased energy savings.
Franklin Texas Electricity Costs
Residents in Franklin, Texas pay approximately $0.1/kw for electricity, placing them below both the national and state averages. The national average for residential electricity costs is $0.13/kw, while the state average in Texas is $0.11/kw. By switching to solar power, Franklin residents can significantly reduce their electricity bills and take advantage of the abundant sunlight available in their region for long-term energy savings.
When could you expect to break even on a solar installation in Franklin Texas?
Considering the weather and electricity costs in Franklin Texas, 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 Texas receives slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Franklin Texas are higher than the national average, providing good conditions for generating solar power.
- Cloud cover in Franklin Texas is lower than the national average, with a good number of sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Franklin Texas pay less for electricity compared to the national average, which can affect the savings from using 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 system generates electricity, reducing the amount needed from the grid and saving money on electricity bills.
- With Franklin Texas’s lower electricity rates, the savings may be slightly lower compared to areas with higher rates.
After analyzing the data, it appears that it would take around 8-10 years to cover the initial cost of the solar panels in Franklin Texas. Therefore, after this period, the money saved on electricity bills will start to accumulate and offset the investment made. Since solar panels have a lifespan of 25-30 years, there will be many years of savings following the break-even point. It’s a cost-effective way to save money and contribute to a greener environment!
Investing in solar power in Franklin Texas
Installing solar panels in Franklin, Texas can be a smart financial decision for residents looking to save money on their electricity bills. With ample sunlight exposure, lower cloud cover, and below-average electricity costs, Franklin provides an ideal environment for solar energy production. By investing in a solar system, residents can expect to break even on their initial investment within 8-10 years. After this point, the long-term savings on electricity bills will continue to accumulate, providing both financial benefits and a sustainable energy source for years to come. Going solar in Franklin, Texas is not only a wise financial choice but also a step towards a greener and more environmentally friendly future.