Overview
In Friendship Tennessee, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs specific to the area, we have determined that a solar system can help you save money in the long run. With an estimate of how long it will take to break even on the initial investment, this article will show you why going solar is a smart decision for your wallet.
Friendship Tennessee Weather Trends
Friendship Precipitation
In the last year, Friendship Tennessee received 51.76 inches of precipitation, which is slightly above the national average of 50.61 inches. Compared to the rest of Tennessee, Friendship falls below the state’s average of 58.16 inches. Despite this, Friendship still ranks in the 52nd percentile nationally and the 13th percentile within Tennessee for total precipitation.
Friendship’s UV Rating
When it comes to UV ratings, Friendship Tennessee enjoys a higher average UV rating of 4.86, placing it in the 75th percentile in the nation. This is significantly better than the national average of 4.29 and the state average of 4.65. Additionally, with an average max UV rating of 5.25, Friendship ranks above both the national and state averages.
Friendship’s Cloud Cover
Friendship Tennessee experiences an average of 39% cloud cover, which is lower than both the national average of 44.46% and the state average of 43.78%. With a ranking in the 23rd percentile nationally and the 4th percentile within Tennessee, Friendship enjoys more clear days than most areas. Additionally, Friendship had a distribution of cloud cover days ranging from 0% to 100% throughout the year.
Friendship Tennessee Electricity Costs
Residents of Friendship Tennessee pay about $0.12 per kilowatt-hour for electricity, which is slightly below the national average of $0.13/kw. In comparison to the rest of Tennessee, Friendship ranks in the 95th percentile, indicating higher electricity costs within the state. However, by harnessing solar energy, Friendship residents can significantly reduce their reliance on traditional energy sources and ultimately save money in the long run.
When could you expect to break even on a solar installation in Friendship Tennessee?
Considering the weather and electricity costs in Friendship 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:
- Friendship Tennessee receives slightly more precipitation than the national average, but it still has enough sun to make solar panels effective.
- The UV ratings in Friendship Tennessee are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Friendship Tennessee is below the national average, with only 39% cloud cover on average throughout the year.
- Friendship Tennessee experiences a range of cloud cover, with many days having low cloud cover percentages.
Now, let’s consider the electricity costs:
- Residents in Friendship Tennessee pay 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.
- With lower electricity rates in Friendship Tennessee, the savings may take longer to cover the initial cost compared to areas with higher rates.
After calculating the numbers, it appears that it may take around 7-10 years to cover the initial cost of the solar panels in Friendship Tennessee. This means that after this period, the savings on electricity bills will begin to accumulate and pay off the investment. Additionally, considering the lifespan of solar panels, you can continue to enjoy these savings for many more years, ultimately making it a wise financial decision while also contributing to a cleaner environment.
Investing in solar power in Friendship Tennessee
Installing solar panels in Friendship, Tennessee can be a smart financial decision. By taking advantage of the area’s weather trends and electricity costs, residents can expect to break even on their initial investment in around 7-10 years. With the system’s expected lifespan of 25-30 years, this means years of savings on electricity bills and a more environmentally friendly choice for the long run. Overall, going solar in Friendship is a win-win situation for your wallet and the planet.