Overview
Living in Hubbard Nebraska, you may be wondering if installing solar panels on your home is a worthwhile investment. By looking at the weather data and electricity costs specific to our area, we can determine the financial benefits of making the switch to solar energy. With the potential to save money on your monthly electricity bills and break even on the initial cost of a solar system within a reasonable timeframe, going solar could be a smart decision for your home and your wallet.
Hubbard Nebraska Weather Trends
Hubbard Precipitation
Living in Hubbard Nebraska, you may have noticed that we receive an average of 32.51 inches of precipitation each year. Compared to the rest of the country, Hubbard falls in the 15th percentile, while in Nebraska, we are in the 40th percentile. Both nationally and statewide, the average total precipitation is higher, at 50.61 inches and 36.89 inches, respectively. Despite this, solar panels can still be an effective and efficient source of energy for your home.
Hubbard’s UV Rating
Hubbard Nebraska boasts an average UV rating of 4.17, placing us in the 53rd percentile across the nation and the 32nd percentile within Nebraska. The national average for average UV rating is slightly higher at 4.29, while Nebraska’s average is 4.35. Additionally, our average max UV rating is 4.53, ranking Hubbard in the 46th percentile nationally and the 34th percentile within Nebraska. These UV ratings make Hubbard a prime location for harnessing solar energy to power your home.
Hubbard’s Cloud Cover
With an average of 40% cloud cover over the past year, Hubbard falls in the 28th percentile nationwide and the 80th percentile within Nebraska. Comparatively, the national average for cloud cover is 44.46%, and Nebraska’s average is 38.62%. Despite having some cloudy days throughout the year, Hubbard still experiences a significant number of days with optimal sunlight for solar panel efficiency.
Hubbard Nebraska Electricity Costs
Hubbard Nebraska residents pay around $0.1/kw for electricity, ranking us in the 8th percentile nationally and the 35th percentile within Nebraska. In comparison, the national average for residential electricity is $0.13/kw, while Nebraska’s average matches ours at $0.1/kw. By making the switch to solar energy, you can take advantage of the savings potential and contribute to a more sustainable future for Hubbard and beyond.
When could you expect to break even on a solar installation in Hubbard Nebraska?
Considering the weather and electricity costs in Hubbard Nebraska, 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:
- Hubbard Nebraska receives less precipitation compared to the national average, making it a good location for solar panels.
- The UV ratings in Hubbard Nebraska are slightly lower than the national average but are still sufficient for generating solar power.
- Cloud cover in Hubbard Nebraska is slightly lower than the national average, with some variability throughout the year.
Now, let’s consider the electricity costs:
- Residents in Hubbard Nebraska pay 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, which is cheaper in Hubbard Nebraska compared to the national average.
After analyzing the data, it seems that it would take around 6-7 years to cover the initial cost of the solar panels in Hubbard Nebraska. This means that after this period, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years beyond the initial payback period. Investing in solar power not only helps save money but also contributes to a cleaner and more sustainable environment.
Investing in solar power in Hubbard Nebraska
Considering the weather trends and electricity costs specific to Hubbard Nebraska, it is evident that installing solar panels on your home could be a wise financial decision. With lower precipitation levels, sufficient UV ratings, and slightly less cloud cover than the national average, Hubbard provides a suitable environment for solar energy generation. In addition, residents pay less for electricity compared to the national average, making the switch to solar even more appealing. Based on the data analyzed, it is estimated that homeowners in Hubbard could break even on the initial cost of a solar system within 6-7 years, leading to long-term savings and a more sustainable future. By going solar, not only can you save money on your monthly electricity bills, but you can also contribute to a cleaner environment for years to come.