Overview
In Graham, Missouri, installing solar panels on your home can save you money on your electricity bills in the long run. By analyzing weather data and electricity costs specific to the area, we can show you how much you can potentially save with a solar system. We will break down the cost of installation and estimate how long it will take for you to break even, making a strong case for why investing in solar power is a smart financial decision for Graham residents.
Graham Missouri Weather Trends
Graham Precipitation
In the last year, Graham Missouri received 42.09 inches of precipitation, ranking it in the 31st percentile in the nation and the 27th percentile in Missouri. Compared to the national average of 50.61 inches, Graham sees slightly less rainfall, which can be beneficial for solar panel efficiency. With lower precipitation levels than the rest of the country and Missouri, installing solar panels in Graham can lead to more consistent energy production throughout the year.
Graham’s UV Rating
In the last year, Graham Missouri had an average UV rating of 4.36, placing it in the 60th percentile in the nation and the 10th percentile in Missouri. Graham’s higher UV rating compared to the national and state averages means that there is ample sunlight exposure for solar panels to generate electricity efficiently. With an average max UV rating of 4.74, Graham experiences plenty of sunlight, making it an ideal location for solar panel installation.
Graham’s Cloud Cover
In the last year, Graham Missouri had an average of 38% cloud cover, positioning it in the 20th percentile in the nation and the 32nd percentile in Missouri. With lower cloud cover compared to the national and state averages, Graham enjoys clearer skies, perfect for maximizing solar energy production. Having 154 days with minimal cloud cover further indicates the potential for solar panels in Graham to operate at peak performance for a significant portion of the year.
Graham Missouri Electricity Costs
Graham Missouri residents pay about $0.11/kw for electricity, placing them in the 38th percentile in the nation and the 50th percentile in Missouri. With electricity costs lower than the national average of $0.13/kw, investing in solar panels can help residents save even more on their energy bills over time. By taking advantage of Graham’s relatively affordable electricity rates, homeowners can reduce their reliance on the grid and protect themselves from future price hikes.
When could you expect to break even on a solar installation in Graham Missouri?
Considering the weather and electricity costs in Graham Missouri, 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:
- Graham Missouri receives slightly less precipitation compared to the national average, making it a good location for solar panels.
- The UV ratings in Graham Missouri are slightly higher than the national average, making it favorable for generating solar power.
- Cloud cover in Graham Missouri is lower than the national average, with a good amount of sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Graham Missouri pay slightly less for electricity compared to the national average, which is beneficial for cost savings with solar power.
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, resulting in cost savings.
- With Graham Missouri’s lower electricity rates, the savings from using solar power are significant.
After analyzing the data, it appears that it would take approximately 4-5 years to cover the initial cost of the solar panels in Graham Missouri. This means that after that period, the savings on electricity bills will start to accumulate, making the investment worthwhile. Additionally, with solar panels lasting for many years, the long-term savings and environmental benefits make it a smart choice for homeowners in Graham Missouri.
Investing in solar power in Graham Missouri
After analyzing the data on weather trends and electricity costs in Graham, Missouri, it is clear that investing in solar panels can lead to substantial savings over time. With lower precipitation levels, higher UV ratings, and less cloud cover compared to national averages, Graham is an ideal location for solar panel installation. Additionally, residents benefit from relatively affordable electricity rates, further enhancing the financial benefits of solar power. Based on our analysis, it is estimated that homeowners in Graham could break even on their solar panel investment in approximately 4-5 years. This short payback period, coupled with the long-term savings and environmental advantages, makes solar power a wise financial decision for residents of Graham, Missouri.