Overview
In Hays, Kansas, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity cost in the area, we can show you how much you could potentially save by switching to solar energy. With the cost of a solar system broken down and the estimated time it will take to break even, you will see just how much money you could be putting back in your pocket by making the switch to solar power.
Hays Kansas Weather Trends
Hays Precipitation
With Hays, Kansas receiving 37.69 inches of precipitation in the last year, it falls below the national average of 50.61 inches, but slightly above the Kansas average of 38.26 inches. By harnessing solar energy, you can save money on electricity bills regardless of precipitation levels.
Hays’s UV Rating
Having an average UV rating of 4.76 in Hays places it in the 72nd percentile nationally and the 53rd percentile within Kansas. This means that solar panels in Hays can efficiently generate electricity, maximizing your savings potential compared to other regions in the country and state.
Hays’s Cloud Cover
With an average cloud cover of 33% in Hays, which is below the national average of 44.46% and the Kansas average of 34.62%, your solar panels will have optimal conditions to generate electricity consistently throughout the year. This means more savings for you!
Hays Kansas Electricity Costs
Residents of Hays, Kansas pay about $0.12/kw for electricity, which is lower than the national average of $0.13/kw. By investing in solar panels, you can offset or even eliminate your electricity bills, saving you money in the long run. Make the switch to solar power and start seeing the financial benefits!
When could you expect to break even on a solar installation in Hays Kansas?
Considering the weather and electricity costs in Hays, Kansas, 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:
- Hays receives less precipitation compared to the national average, which is good for solar panel efficiency.
- The UV ratings in Hays are higher than the national average, making it a great location for generating solar power.
- Cloud cover in Hays is lower than the national average, with a good number of clear days ideal for solar energy production.
Now, let’s consider the electricity costs:
- Residents in Hays pay slightly less for electricity compared to the national average, which can lead to lower savings from using 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 and resulting in lower electricity bills.
- With Hays’ lower electricity rates, savings from using solar power might take longer to cover the initial cost.
After crunching the numbers, it looks like it would take around 6-7 years to cover the initial cost of the solar panels in Hays. This means that after 6-7 years, the money saved on electricity bills will start to accumulate and pay off the investment. And with solar panels lasting for 25-30 years, you’ll be benefiting from those savings for many years beyond the break-even point. It’s a wise investment for both your wallet and the environment!
Investing in solar power in Hays Kansas
Switching to solar power in Hays, Kansas has the potential to bring significant financial benefits. With lower precipitation levels, high UV ratings, and lower cloud cover, solar panels can efficiently generate electricity throughout the year, resulting in savings on electricity bills. Despite slightly lower electricity costs in the area, investing in a solar system could lead to breaking even on the initial cost in 6-7 years. This means that beyond the break-even point, you’ll continue to save money for the remaining lifespan of the solar panels. Making the switch to solar power in Hays is a smart investment that can benefit both your finances and the environment.