Overview
Are you looking to save money on your electricity bills while also helping the environment? In this article, we will show you how installing solar panels on your home in Georgetown Florida can be a smart financial decision. By analyzing weather data and electricity costs specific to your area, we will break down the cost of a solar system and estimate how long it will take for you to break even. With the sunny weather and high UV ratings in Georgetown, solar panels can help you save money in the long run. Read on to learn more about the financial benefits of going solar in Georgetown Florida.
Georgetown Florida Weather Trends
Georgetown Precipitation
Georgetown Florida received 65.16 inches of precipitation in the last year, ranking it in the 81st percentile nationally. Compared to the rest of Florida, Georgetown is in the 48th percentile. With the national average at 50.61 inches and Florida’s average at 65.98 inches, Georgetown’s rainfall levels make it a favorable location for harnessing solar energy.
Georgetown’s UV Rating
Georgetown Florida boasts an average UV rating of 5.95, placing it in the 96th percentile across the country. When compared to the rest of Florida, Georgetown is in the 41st percentile. With the national average at 4.29 and Florida’s average at 5.96, Georgetown’s high UV ratings make it an ideal location for solar panel installation.
Georgetown’s Cloud Cover
Georgetown Florida experiences an average cloud cover of 45%, positioning it in the 53rd percentile nationally. Within Florida, Georgetown is in the 73rd percentile. With the national average at 44.46% and Florida’s average at 43.5%, Georgetown’s lower cloud cover percentage makes it a promising location for solar panel efficiency.
Georgetown Florida Electricity Costs
Georgetown residents pay about $0.12/kw for electricity, placing it in the 50th percentile nationwide. Compared to the rest of Florida, Georgetown is in the 39th percentile. With the national average at $0.13/kw and Florida’s average at $0.12/kw, opting for solar panels can help residents in Georgetown save money on their energy bills in the long run.
When could you expect to break even on a solar installation in Georgetown Florida?
Considering the weather and electricity costs in Georgetown Florida, 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:
- Georgetown Florida receives more precipitation than the national average, which could affect the efficiency of solar panels.
- The average UV ratings in Georgetown Florida are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Georgetown Florida is slightly above the national average, with some days experiencing higher levels of cloud cover.
Now, let’s consider the electricity costs:
- Residents in Georgetown Florida 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, reducing the amount needed from the grid.
- Despite the slightly lower electricity costs in Georgetown Florida, the savings from using solar power are still significant.
After crunching the numbers, it looks like it would take around 7 years to cover the initial cost of the solar panels. This means that after 7 years, the money saved on electricity bills will start to offset the investment. And with solar panels lasting for up to 30 years, you can enjoy those savings for many years to come. It’s a wise investment for saving money and promoting sustainability!
Investing in solar power in Georgetown Florida
Installing solar panels on your home in Georgetown, Florida can be a smart financial decision in the long run. With high UV ratings and lower cloud cover percentages, Georgetown is an ideal location for generating solar power. Additionally, residents pay slightly less for electricity compared to the national average, making the savings from using solar energy even more significant. By breaking down the costs of a solar system and estimating the time it would take to break even, it’s clear that investing in solar panels can save you money and promote sustainability for years to come.