Overview
Are you a Granite Falls resident looking to save big on your electricity bills? Installing solar panels on your home could be the solution you’ve been searching for. In this article, we will break down the financial benefits of investing in a solar system, using specific weather data collected in Granite Falls, North Carolina, over a year’s time. By examining the average cost of electricity in the area, along with the cost of a solar system, we will estimate how long it will take for you to break even on your investment. Don’t miss out on the opportunity to save money and help the environment at the same time!
Granite Falls North Carolina Weather Trends
Granite Falls Precipitation
With 65.29 inches of precipitation in the last year, Granite Falls North Carolina is in the 55th percentile in the state and the 81st percentile in the country. Compared to North Carolina’s average of 65.54 inches and the national average of 50.61 inches, Granite Falls experiences significant rainfall, making it an ideal location for harnessing solar energy.
Granite Falls’s UV Rating
At an average UV rating of 4.59, Granite Falls is in the 25th percentile in North Carolina and the 67th percentile in the nation. This means that Granite Falls enjoys plenty of sunshine, which is essential for generating solar power efficiently. With an average max UV rating of 4.99, above the national average of 4.61 and in the 56th percentile nationwide, Granite Falls offers ample sunshine for solar panels to thrive.
Granite Falls’s Cloud Cover
With an average of 41% cloud cover, Granite Falls is in the 33rd percentile in North Carolina and the 31st percentile in the nation. With 137 days of minimal cloud cover, 97 days of moderate cloud cover, 69 days of heavy cloud cover, and 61 days of overcast skies annually, Granite Falls presents favorable conditions for solar panel performance.
Granite Falls North Carolina Electricity Costs
Residents in Granite Falls pay about $0.12/kw for electricity, placing them in the 24th percentile in North Carolina and the 45th percentile in the nation. This is on par with the state’s average of $0.12/kw and slightly below the national average of $0.13/kw. By investing in solar panels, residents can offset these costs and potentially eliminate their electricity bills altogether in the long run.
When could you expect to break even on a solar installation in Granite Falls North Carolina?
Considering the weather and electricity costs in Granite Falls, North Carolina, 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:
- Granite Falls gets more precipitation than the national average, but it still has a good amount of sunlight for solar panels to work effectively.
- The UV ratings in Granite Falls are higher than the national average, making it a great location for generating solar power.
- Cloud cover in Granite Falls is slightly lower than the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Granite Falls 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.
- With lower electricity rates in Granite Falls, the savings are not as significant as in areas with higher rates.
After calculating the numbers, it appears that it would take approximately 7-8 years to cover the initial cost of the solar panels in Granite Falls. This means that after this period, the savings on electricity bills will begin to accumulate, ultimately paying off the investment. Plus, considering that solar panels have a long lifespan, you’ll continue to benefit from these savings for many years to come. Investing in solar power is a smart way to save money and contribute to a greener environment!
Investing in solar power in Granite Falls North Carolina
Installing solar panels in Granite Falls, North Carolina can have significant financial benefits for residents. With ample sunshine, relatively lower electricity costs, and favorable weather conditions, the initial investment in solar panels can be recouped in approximately 7-8 years. This means that residents can start saving money on electricity bills and contribute to a greener environment for years to come. Don’t miss out on the opportunity to make a smart investment that pays off in the long run!