Overview
Thinking about installing solar panels on your home in Franklinville, North Carolina? Look no further for all the information you need to make your decision. We’ve gathered weather data, electricity costs, and estimated system costs to show you just how much money you could save with solar energy. Dive into our analysis to see how quickly you could break even and start putting more money back in your pocket.
Franklinville North Carolina Weather Trends
Franklinville Precipitation
With Franklinville, North Carolina receiving 63.22 inches of precipitation in the last year, the city falls in the 77th percentile in the nation and the 41st percentile in North Carolina. Comparatively, the national average for total precipitation is 50.61 inches, while North Carolina’s average is slightly higher at 65.54 inches. This ample rainfall provides an excellent opportunity for solar panels to generate energy efficiently and consistently, ultimately helping you save more money in the long run.
Franklinville’s UV Rating
Franklinville, North Carolina boasts an average UV rating of 4.73, ranking it in the 71st percentile nationally and the 47th percentile within the state. In comparison, the national average UV rating is 4.29, while North Carolina’s average is slightly lower at 4.72. With an average max UV rating of 5.12, Franklinville sits comfortably in the 59th percentile nationally and the 53rd percentile in North Carolina. These high UV ratings indicate ample sunlight, making solar panels a worthwhile investment for your home.
Franklinville’s Cloud Cover
Franklinville, North Carolina experienced an average cloud cover of 41% in the last year, placing it in the 33rd percentile nationally and the 40th percentile in North Carolina. The national average for cloud cover is slightly higher at 44.46%, and North Carolina’s average is 42.57%. Additionally, with specific data on the number of days within different cloud cover ranges, it is clear that Franklinville enjoys a significant number of clear sky days suitable for solar energy production. This consistent sunlight is ideal for saving on electricity costs with solar panels.
Franklinville North Carolina Electricity Costs
Residents of Franklinville, North Carolina pay approximately $0.12/kw for electricity, ranking the city in the 49th percentile nationally and the 38th percentile within the state. In comparison, the national average for residential electricity is slightly higher at $0.13/kw, while North Carolina’s average aligns with Franklinville at $0.12/kw. By installing solar panels on your home, you can take advantage of the available natural resources and reduce your reliance on traditional energy sources, ultimately saving you more money on electricity costs over time.
When could you expect to break even on a solar installation in Franklinville North Carolina?
Considering the weather and electricity costs in Franklinville, North Carolina, 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:
- Franklinville gets more precipitation than the national average, but it’s still a sunny area that is good for solar panel efficiency.
- The UV ratings in Franklinville are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Franklinville is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Franklinville pay slightly less for electricity compared to the national average, at $0.12/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:
- The system generates electricity, reducing the amount purchased from the grid, especially with lower electricity rates in Franklinville.
After crunching the numbers, it looks like it would take around 5 to 6 years to cover the initial cost of the solar panels. This means that after 5 to 6 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Since solar panels last for a long time, you can continue enjoying those savings for many years beyond the initial payback period. Investing in solar energy is both a financially sound decision and an environmentally friendly choice!
Investing in solar power in Franklinville North Carolina
Installing solar panels in Franklinville, North Carolina is a smart decision financially and environmentally. With ample sunlight, lower electricity costs, and favorable weather conditions, investing in solar energy can lead to significant savings in the long run. By breaking down the costs and analyzing the data, we can see that it would take around 5 to 6 years to break even on the initial investment. After that, you can enjoy reduced electricity bills for many years to come. Don’t hesitate to make the switch to solar energy and start putting more money back in your pocket while reducing your carbon footprint!