Overview
If you’re a Fulton Mississippi resident looking to save money on your electricity bills, installing solar panels on your home could be a smart investment. By analyzing weather data over the course of a year, we can show you how much sunlight your area receives and estimate the potential savings on your energy costs. With a breakdown of the cost of a solar system and an estimation of how long it will take to break even, you’ll see how going solar can not only benefit the environment but also your wallet in the long run.
Fulton Mississippi Weather Trends
Fulton Precipitation
With Fulton Mississippi receiving 62.89 inches of precipitation in the last year, it’s clear that the area sees a good amount of rainfall. This puts Fulton in the 76th percentile in the nation and the 71st percentile in Mississippi. Comparing this to the national average of 50.61 inches and Mississippi’s average of 60.13 inches, it’s evident that Fulton is above the average in terms of precipitation levels.
Fulton’s UV Rating
Over the last year, Fulton Mississippi had an average UV rating of 5.04, placing it in the 79th percentile in the nation and the 11th percentile in Mississippi. When compared to the national average of 4.29 and Mississippi’s average of 5.31, it’s clear that Fulton receives a good amount of ultraviolet radiation. With an average max UV rating of 5.49, Fulton is also above the national average of 4.61 and Mississippi’s average of 5.71.
Fulton’s Cloud Cover
In the last year, Fulton Mississippi had an average of 42% cloud cover, ranking it in the 41st percentile in the nation and the 78th percentile in Mississippi. While the national average for cloud cover is 44.46%, and Mississippi’s average is 41.29%, Fulton experiences a moderate amount of cloud cover. With varying levels of cloud cover on different days, Fulton residents can benefit from ample sunlight for solar energy production.
Fulton Mississippi Electricity Costs
Residents in Fulton Mississippi pay around $0.11/kw for electricity, putting Fulton in the 26th percentile in the nation and the 19th percentile in Mississippi. Comparing this to the national average of $0.13/kw and Mississippi’s average of $0.11/kw, it’s evident that Fulton residents already enjoy relatively lower electricity costs. By harnessing solar power, residents can further reduce their energy bills and take advantage of the abundant sunlight in the area.
When could you expect to break even on a solar installation in Fulton Mississippi?
Considering the weather and electricity costs in Fulton, Mississippi, 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:
- Fulton receives more precipitation than the national average, but it still has a good amount of sunlight for solar panels to be effective.
- The UV ratings in Fulton are higher than the national average, which is great for generating solar power.
- Cloud cover in Fulton is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Fulton, Mississippi pay slightly less for electricity compared to the national average, which is beneficial for the return on investment in solar panels.
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 to be purchased from the grid.
- With lower electricity costs in Fulton, Mississippi, the savings are significant.
After careful analysis, it appears that it would take about 6-7 years to cover the initial cost of the solar panels. This means that after 6-7 years, the savings accumulated on electricity bills will start to offset the cost of the investment. Furthermore, given the longevity of solar panels, these savings can be enjoyed for many years to come. Investing in solar panels is not only a smart financial decision but also a way to contribute to environmental conservation.
Investing in solar power in Fulton Mississippi
By analyzing the weather trends and electricity costs in Fulton, Mississippi, it is clear that installing solar panels can result in significant long-term savings. With ample sunlight, higher UV ratings, and slightly lower electricity costs compared to the national average, residents can expect to break even on their investment in solar panels within 6-7 years. This means that not only will going solar benefit the environment, but it will also benefit your wallet in the long run. Making the switch to solar energy in Fulton is a smart investment that can pay off for years to come.