Overview
In Hickory Plains, Arkansas, installing solar panels on your home can lead to significant financial savings over time. By analyzing weather data and electricity costs in the area, we can show you how a solar system can help you break even on your investment sooner than you may think. With the right information and a clear understanding of the benefits, you can make an informed decision about switching to solar energy for your home in Hickory Plains.
Hickory Plains Arkansas Weather Trends
Hickory Plains Precipitation
In the last year, Hickory Plains Arkansas received 53.59 inches of precipitation, ranking it in the 56th percentile in the nation and the 42nd percentile in Arkansas. With a total precipitation above the national average of 50.61 inches, Hickory Plains is well-positioned to benefit from the abundance of rain that can help solar panels operate efficiently.
Hickory Plains’s UV Rating
Over the last year, Hickory Plains Arkansas had an average UV rating of 5.12, placing it in the 81st percentile in the nation and the 57th percentile in Arkansas. With an average UV rating higher than both the national average of 4.29 and Arkansas’s average of 5.13, Hickory Plains enjoys ample sunlight that can maximize the energy output of solar panels.
Hickory Plains’s Cloud Cover
On average, Hickory Plains Arkansas experienced 38% cloud cover over the last year, ranking it in the 19th percentile in the nation and the 23rd percentile in Arkansas. With lower cloud cover compared to the national average of 44.46% and Arkansas’s average of 38.77%, Hickory Plains offers a conducive environment for solar energy production.
Hickory Plains Arkansas Electricity Costs
Residents in Hickory Plains, Arkansas, pay approximately $0.11/kw for electricity, placing them in the 19th percentile nationally and the 44th percentile within the state. With electricity costs lower than the national average of $0.13/kw and on par with Arkansas’s average of $0.11/kw, adopting solar power can offer substantial long-term savings for residents in Hickory Plains.
When could you expect to break even on a solar installation in Hickory Plains Arkansas?
Considering the weather and electricity costs in Hickory Plains, Arkansas, 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:
- Hickory Plains gets slightly more rain than the national average, but it still has plenty of sunlight for solar panels to work effectively.
- The UV ratings in Hickory Plains are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Hickory Plains is lower than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Hickory Plains 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 bought from the grid.
- With Hickory Plains’ lower electricity rates, the savings from solar power are still significant.
Based on the data and calculations, it would take approximately 7 years to cover the initial cost of the solar panels. After this period, the savings on electricity bills will start to accumulate and pay off the investment. Since solar panels have a long lifespan, the savings will continue for many years afterwards. Investing in solar energy is a great way to save money and contribute to a cleaner environment.
Investing in solar power in Hickory Plains Arkansas
With the abundance of sunlight, relatively low cloud cover, and reasonable electricity costs in Hickory Plains, Arkansas, installing solar panels can lead to significant long-term financial benefits for residents. Analyzing the weather trends and electricity rates in the area, it is clear that investing in solar energy can result in breaking even on the initial cost in approximately 7 years. Beyond that point, the savings on electricity bills will continue to accumulate, making solar power not only a financially savvy choice but also an environmentally friendly one for the community of Hickory Plains.