Overview
In Hassell, North Carolina, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs specific to the area, we can show you how much money you can save by switching to solar energy. With a breakdown of the costs of a solar system and an estimate of how long it will take to break even, you’ll see how investing in solar power can help you save money in the long run.
Hassell North Carolina Weather Trends
Hassell Precipitation
In the last year, Hassell, North Carolina received 60.89 inches of precipitation. This places Hassell in the 72nd percentile nationwide and the 25th percentile in North Carolina. Compared to the national average of 50.61 inches and North Carolina’s average of 65.54 inches, Hassell experiences a substantial amount of rainfall which can be utilized for solar energy production.
Hassell’s UV Rating
With an average UV rating of 4.83 in the last year, Hassell, North Carolina is in the 74th percentile in the country and the 60th percentile in North Carolina. In terms of maximum UV rating, Hassell scored 5.17, placing it in the 60th percentile nationally and in North Carolina. These ratings indicate ample sunshine, making solar energy production an efficient and viable option for residents in Hassell.
Hassell’s Cloud Cover
Hassell, North Carolina had an average cloud cover of 42% in the last year, positioning it in the 37th percentile in the nation and the 59th percentile in North Carolina. With variation in cloud cover throughout the year, residents can count on a good amount of sunlight for their solar panels. Additionally, the distribution of cloud cover days allows for consistent solar energy generation.
Hassell North Carolina Electricity Costs
Residents in Hassell, North Carolina pay around $0.14/kw for electricity, placing them in the 89th percentile nationwide and the 97th percentile in North Carolina. Compared to the national average of $0.13/kw and North Carolina’s average of $0.12/kw, Hassell’s electricity costs are relatively high. By switching to solar energy, residents can save significantly on their monthly electricity bills and eventually recoup their investment in solar panels.
When could you expect to break even on a solar installation in Hassell North Carolina?
Considering the weather and electricity costs in Hassell, 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:
- Hassell, North Carolina receives more rainfall than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Hassell, North Carolina are higher than the national average, which is great for generating solar power.
- Cloud cover in Hassell, North Carolina is slightly below the national average, which is good for solar panel efficiency.
Now, let’s consider the electricity costs:
- Residents in Hassell, North Carolina pay slightly more 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 the higher electricity rates in Hassell, North Carolina, the savings from solar power are even more significant.
After crunching the numbers, it looks like it would take approximately 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Since solar panels last for a long time, you will continue to enjoy those savings for many years after the initial investment is recouped. Investing in solar panels is a wise way to save money and contribute to a cleaner environment!
Investing in solar power in Hassell North Carolina
Investing in solar panels in Hassell, North Carolina can lead to significant financial benefits over time. By analyzing the weather trends in the area, it’s clear that there is enough sunlight for solar panels to be effective, despite the above-average rainfall. Additionally, with electricity costs being higher in Hassell compared to the national average, switching to solar energy can result in substantial savings on monthly bills. When considering the initial investment in solar panels, the break-even point is estimated to be around 5 years. This means that after this period, the savings on electricity bills will start to accumulate and pay off the investment. Overall, investing in solar panels not only saves money in the long run but also contributes to a cleaner and more sustainable environment for everyone.