Overview
In Horn Lake, Mississippi, installing solar panels on your home can be a smart financial decision. With plenty of sunshine year-round, you can generate your electricity and reduce your monthly bills. By analyzing weather data and electricity costs specific to the area, this article will show you how much money you can save over time by going solar. With a breakdown of costs and estimated payback periods, you’ll see just how quickly you can start reaping the benefits of clean, renewable energy.
Horn Lake Mississippi Weather Trends
Horn Lake Precipitation
With 53.41 inches of precipitation in the last year, Horn Lake Mississippi is in the 55th percentile in the nation and the 13th percentile in Mississippi. Compared to the national average of 50.61 inches and Mississippi’s average of 60.13 inches, Horn Lake’s precipitation levels are ideal for solar panel efficiency and energy generation.
Horn Lake’s UV Rating
Horn Lake Mississippi had an average UV rating of 5.09 in the last year, ranking in the 80th percentile nationally and the 14th percentile in the state. With an average max UV rating of 5.51, Horn Lake is in the 67th percentile in the country and the 19th in Mississippi. These high UV ratings indicate ample sunlight for solar panel usage and energy production.
Horn Lake’s Cloud Cover
On average, Horn Lake Mississippi experiences 39% cloud cover, placing the city in the 23rd percentile nationwide and the 17th percentile in Mississippi. With 144 days of low cloud cover and relatively clear skies, Horn Lake provides consistent sunlight for solar panel efficiency and output. The average cloud cover is below the national average of 44.46% and Mississippi’s average of 41.29%.
Horn Lake Mississippi Electricity Costs
Residents of Horn Lake pay about $0.1/kw for electricity, which is exceptionally low compared to the national average of $0.13/kw and Mississippi’s average of $0.11/kw. With such affordable electricity rates and the potential savings from generating your electricity through solar panels, investing in solar energy can significantly reduce your monthly bills and lead to long-term financial benefits.
When could you expect to break even on a solar installation in Horn Lake Mississippi?
Considering the weather and electricity costs in Horn Lake Mississippi, 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:
- Horn Lake Mississippi gets slightly more rain than the national average, but it still has enough sunshine for solar panels to work effectively.
- The UV ratings in Horn Lake Mississippi are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Horn Lake Mississippi is lower than the national average, allowing for more sunlight to reach the solar panels.
Now, let’s consider the electricity costs:
- Residents in Horn Lake Mississippi pay less for electricity compared to the national average, making solar power a cost-effective alternative.
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, resulting in savings on electricity bills.
- With the lower electricity rates in Horn Lake Mississippi, the savings accumulate faster.
After doing the calculations, it appears that it would take approximately 4 years to cover the initial cost of the solar panels. After that period, the savings on electricity bills will continue to grow, providing a smart financial investment over the long term. Plus, with solar panels lasting for 25-30 years, the savings will continue for many more years to come. Investing in solar power is a great way to save money and contribute to a greener environment!
Investing in solar power in Horn Lake Mississippi
Considering the weather data and electricity costs in Horn Lake, Mississippi, it’s clear that installing solar panels can lead to significant long-term financial benefits. With ample sunshine, low cloud cover, and affordable electricity rates, residents can expect to break even on their solar installation in approximately 4 years. After that, the savings on electricity bills will continue to accumulate, providing a smart investment choice for the future. By going solar, not only will you save money, but you’ll also contribute to a greener environment for years to come.