Overview
Are you a Gould Arkansas resident looking to save money on your electricity bills? Installing solar panels on your home could be a smart financial decision! By analyzing weather data specific to Gould Arkansas, we can show you how much sunlight your area receives, how much you can save on electricity costs, and how long it will take for your solar system to pay for itself. Stay tuned to learn more about the financial benefits of going solar in Gould Arkansas.
Gould Arkansas Weather Trends
Gould Precipitation
In the last year, Gould Arkansas received 30.83 inches of precipitation, ranking it in the 13th percentile in the nation and the 4th percentile in Arkansas. Compared to the national average of 50.61 inches and Arkansas’s average of 54.5 inches, Gould receives less rainfall, making it an ideal location for solar panel installation.
Gould’s UV Rating
In the last year, Gould Arkansas had an average UV rating of 7.03, placing it in the 100th percentile in the nation and the 98th percentile in Arkansas. With an average max UV rating of 7.58, Gould is in the 97th percentile nationally and in Arkansas. These high UV ratings indicate abundant sunlight, perfect for generating solar energy efficiently.
Gould’s Cloud Cover
Over the last year, Gould Arkansas had an average of 33% cloud cover, making it in the 10th percentile nationally and the 4th percentile in Arkansas. With a lower average cloud cover compared to the national average of 44.46% and Arkansas’s average of 38.77%, residents of Gould can benefit from more sunny days for their solar panels to generate electricity.
Gould Arkansas Electricity Costs
Gould Arkansas residents pay about $0.11/kw for electricity, ranking the city in the 33rd percentile in the nation and the 82nd percentile in Arkansas. With the national average for residential electricity being $0.13/kw, and Arkansas’s average at $0.11/kw, going solar in Gould can potentially help reduce your electricity costs significantly over time.
When could you expect to break even on a solar installation in Gould Arkansas?
Considering the weather and electricity costs in Gould, Arkansas, 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:
- Gould, Arkansas receives less precipitation compared to the national average, indicating good sunlight for solar panel efficiency.
- The UV ratings in Gould, Arkansas are higher than the national average, making it a suitable location for generating solar power.
- Cloud cover in Gould, Arkansas is lower than the national average, with a mix of cloud cover throughout the year.
Now, let’s consider the electricity costs:
- Residents in Gould, Arkansas 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.
- Given Gould’s lower electricity rates, the savings may take longer to cover the initial cost compared to areas with higher rates.
After analyzing the data, it appears that it could take around 10-12 years to recoup the initial investment in solar panels. This means that after this period, the savings from reduced electricity bills will start to accumulate and offset the cost. Additionally, considering the long lifespan of solar panels, the investment will result in significant savings for many years to come. It’s a wise financial choice that also contributes to a cleaner environment!
Investing in solar power in Gould Arkansas
Installing solar panels in Gould, Arkansas can be a beneficial financial decision for residents looking to save money on electricity bills. With the abundance of sunlight, low cloud cover, and slightly lower electricity costs in the area, investing in solar energy could lead to significant savings over time. Based on the data analysis, it is estimated that it could take around 10-12 years to break even on the initial investment, after which residents can enjoy reduced electricity bills for many more years. Going solar not only saves money but also contributes to a cleaner environment. It’s a smart choice for Gould, Arkansas homeowners!