Overview
Are you a Graysville Tennessee resident looking to save money on your electricity bills? Installing solar panels on your home could be a cost-effective solution for you. In this article, we will break down the financial benefits of investing in a solar system based on weather data specific to Graysville, along with basic electricity costs. By analyzing the inches of precipitation, average max UV rating, average UV rating, and average percentage cloud cover over 365 days, we will estimate how long it will take for you to break even on your investment in solar panels.
Graysville Tennessee Weather Trends
Graysville Precipitation
With Graysville Tennessee receiving 59.8 inches of precipitation in the last year, it is clear that the area sees a good amount of rain. Compared to the rest of the country, Graysville falls in the 70th percentile for total precipitation, while in Tennessee, it is in the 65th percentile. This means that solar panels in Graysville could take advantage of this natural resource to generate clean energy.
Graysville’s UV Rating
Graysville Tennessee had an average UV rating of 4.66, placing it in the 69th percentile nationwide and the 53rd percentile within Tennessee. The higher UV rating in Graysville compared to the national average of 4.29 and Tennessee’s average of 4.65 makes it an ideal location for harnessing solar energy. With an average max UV rating of 4.97, Graysville can benefit from ample sunlight for solar panel efficiency.
Graysville’s Cloud Cover
Despite having an average cloud cover of 44%, Graysville still has significant sunny days. Graysville ranks in the 48th percentile nationally and the 49th percentile in Tennessee for cloud cover. With a substantial number of days with low cloud cover, residents can expect consistent solar panel performance throughout the year.
Graysville Tennessee Electricity Costs
Graysville residents pay around $0.11/kw for electricity, placing them in the 31st percentile in the country and the 55th percentile in Tennessee. This means that Graysville already enjoys relatively low electricity costs compared to the national average of $0.13/kw. By investing in solar panels, residents can further reduce their electricity bills and potentially even generate excess energy to sell back to the grid.
When could you expect to break even on a solar installation in Graysville Tennessee?
Considering the weather and electricity costs in Graysville, Tennessee, 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:
- Graysville receives more precipitation than the national average, but it still has good sunlight for solar panels.
- The UV ratings in Graysville are slightly above the national average, making it a suitable location for solar power generation.
- Cloud cover in Graysville is around the national average, with some variability throughout the year.
Now, let’s consider the electricity costs:
- Residents in Graysville 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 Graysville’s lower electricity rates, the savings may take a bit longer to cover the upfront cost.
After analyzing the data, it appears that it may take around 6-7 years to recoup the initial investment in solar panels. Once that period is over, the savings on electricity bills will continue to accumulate for the remainder of the solar panel’s lifespan. Investing in solar energy is a wise financial decision that not only saves money but also contributes positively to the environment.
Investing in solar power in Graysville Tennessee
By analyzing the weather trends and electricity costs in Graysville, Tennessee, investing in solar panels is a smart choice for residents looking to save money in the long run. With the potential to break even on the initial cost in around 6-7 years and continuing to save on electricity bills for the lifespan of the solar system, it is clear that solar energy can provide both financial and environmental benefits. Taking advantage of the ample sunlight and reasonable electricity rates in Graysville, residents can make a positive impact on their finances and the planet by switching to solar power.