Overview
Do you live in Georgetown, Mississippi and are tired of seeing huge electricity bills each month? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data and electricity costs specific to Georgetown, we can show you how much money you could save by going solar. With a breakdown of the costs involved and an estimate of how long it will take to break even, this article will demonstrate the financial benefits of making the switch to solar energy.
Georgetown Mississippi Weather Trends
Georgetown Precipitation
With Georgetown receiving 64.77 inches of precipitation in the last year, it falls in the 80th percentile nationwide and the 77th percentile in Mississippi. Compared to the national average of 50.61 inches, Georgetown sees more rainfall, which is great for energy production with solar panels. Mississippi’s average precipitation of 60.13 inches is also higher than the national average, showing that Georgetown could benefit from harnessing this natural resource.
Georgetown’s UV Rating
Georgetown’s average UV rating of 5.52 in the last year places it in the 89th percentile in the country and the 79th percentile in Mississippi. With a higher average UV rating compared to both the national average of 4.29 and Mississippi’s average of 5.31, Georgetown is in a prime location for solar energy generation. The average max UV rating of 5.99 further solidifies the town’s potential for harnessing solar power efficiently.
Georgetown’s Cloud Cover
Georgetown experienced an average of 42% cloud cover in the last year, ranking it in the 37th percentile nationwide and the 61st percentile in Mississippi. With lower cloud cover compared to the national average of 44.46% and Mississippi’s average of 41.29%, Georgetown has more clear skies that are ideal for solar panel efficiency. Additionally, having a significant number of days with low cloud cover further enhances the town’s solar energy potential.
Georgetown Mississippi Electricity Costs
Georgetown residents pay about $0.11/kw for electricity, positioning the town in the 26th percentile nationally and the 20th percentile within Mississippi. With electricity costs lower than the national average of $0.13/kw and on par with the state average of $0.11/kw, installing solar panels in Georgetown can lead to significant savings in the long run. By generating your own electricity through solar power, you can reduce your reliance on the grid and lower your overall energy expenses.
When could you expect to break even on a solar installation in Georgetown Mississippi?
Considering the weather and electricity costs in Georgetown 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:
- Georgetown Mississippi receives more precipitation than the national average, but it still has enough sunshine for solar panels to function effectively.
- The UV ratings in Georgetown are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Georgetown is slightly lower than the national average, with a range of cloudiness throughout the year.
Now, let’s consider the electricity costs:
- Residents in Georgetown Mississippi 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 reliance on buying electricity from the grid.
- With slightly lower electricity rates in Georgetown, the savings are still significant.
After analyzing the data, it appears that it would take around 4 to 6 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years after the initial investment has been recovered. Investing in solar panels is a smart way to save money and contribute to a greener environment!
Investing in solar power in Georgetown Mississippi
With the combination of Georgetown’s favorable weather conditions and relatively low electricity costs, installing solar panels in Georgetown, Mississippi can lead to significant long-term savings. By analyzing the data, we found that it would take around 4 to 6 years to break even on the initial cost of the solar panels. After this period, the money saved on electricity bills will continue to accumulate, making solar energy a wise investment choice for residents of Georgetown. Not only will you save money, but you will also be contributing to a cleaner and greener environment by reducing your reliance on traditional energy sources. Make the switch to solar power today and start enjoying the financial and environmental benefits!