Overview
Are you a Garfield, Kentucky resident looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been searching for. By analyzing weather data specific to Garfield, including inches of precipitation, average max UV rating, average UV rating, and average of percentage cloud cover over 365 days, we can estimate the financial benefits of going solar. With basic electricity cost breakdowns and the cost of a solar system, we’ll show you how long it may take for you to break even on your investment. Join us as we dive into the potential financial advantages of switching to solar energy in Garfield, Kentucky.
Garfield Kentucky Weather Trends
Garfield Precipitation
With Garfield receiving 56.77 inches of precipitation in the last year, it is above the national average of 50.61 inches but slightly below Kentucky’s average of 54.69 inches. By harnessing the power of solar panels, you can take advantage of all that rain to generate clean and renewable energy for your home.
Garfield’s UV Rating
Garfield’s average UV rating of 4.25 in the last year is close to the national average of 4.29 but lower than Kentucky’s average of 4.37. With solar panels, you can capture the abundant sunlight in Garfield, no matter the UV rating, to reduce your reliance on traditional energy sources and decrease your carbon footprint.
Garfield’s Cloud Cover
Garfield’s average cloud cover of 44% in the last year is comparable to the national average of 44.46% but lower than Kentucky’s average of 45.75%. By installing solar panels, you can still generate energy even on cloudy days, allowing you to maximize the benefits of solar power throughout the year.
Garfield Kentucky Electricity Costs
With Garfield residents paying about $0.11/kw for electricity, which is below the national average of $0.13/kw, you have the opportunity to save even more by switching to solar energy. By investing in a solar system, you can lock in lower electricity costs and potentially save thousands of dollars over the lifetime of your solar panels.
When could you expect to break even on a solar installation in Garfield Kentucky?
Considering the weather and electricity costs in Garfield, Kentucky, 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:
- Garfield, Kentucky gets slightly more rain than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Garfield, Kentucky are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Garfield, Kentucky is around average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Garfield, Kentucky pay slightly less for electricity compared to the national average.
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, which means less need to buy from the grid.
- With Garfield, Kentucky’s electricity rates, the savings are considerable.
After crunching the numbers, it looks like it would take around 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Solar panels have a long lifespan, so beyond that initial period, you’ll enjoy those savings for many years. It’s a wise investment to save money and contribute to environmental sustainability at the same time!
Investing in solar power in Garfield Kentucky
Switching to solar energy in Garfield, Kentucky can be a smart financial move. With above-average rainfall, decent sunlight, and manageable cloud cover, solar panels can generate significant savings on electricity costs. Considering the lower electricity rates in Garfield, investing in a solar system could pay off in approximately 6 years. After that initial period, the savings will continue for many more years, making it a worthwhile investment for both your wallet and the environment.