Overview
Are you a Huntington Arkansas resident looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been searching for! In this article, we will break down the financial benefits of installing a solar system in Huntington Arkansas, using data on weather patterns and electricity costs specific to your area. By examining the cost of a solar system and estimating the time it will take to break even, you will see just how much money you could save by making the switch to solar power.
Huntington Arkansas Weather Trends
Huntington Precipitation
In the last year, Huntington Arkansas received 60.17 inches of precipitation, ranking it higher than 70% of the nation and 81% of Arkansas. Compared to the national average of 50.61 inches and Arkansas’s average of 54.5 inches, Huntington experiences a notable amount of rainfall.
Huntington’s UV Rating
Over the past year, Huntington Arkansas had an average UV rating of 5.09, placing it in the 80th percentile nationally and the 55th percentile statewide. With a national average of 4.29 and Arkansas’s average of 5.13, Huntington benefits from higher levels of UV exposure.
Huntington’s Cloud Cover
In Huntington Arkansas, the average cloud cover was 38% in the last year, which is below the national average of 44.46% and just under Arkansas’s average of 38.77%. With a significant number of days with low cloud cover, Huntington offers optimal conditions for solar panel efficiency.
Huntington Arkansas Electricity Costs
Residents in Huntington pay approximately $0.1/kw for electricity, ranking the city in the 18th percentile nationally and the 35th percentile within Arkansas. Compared to the national average of $0.13/kw and Arkansas’s average of $0.11/kw, Huntington residents enjoy relatively lower electricity costs, making solar energy a cost-effective option.
When could you expect to break even on a solar installation in Huntington Arkansas?
Considering the weather and electricity costs in Huntington 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:
- Huntington Arkansas gets more precipitation than the national average, but still has good enough sunlight for solar panels to be effective.
- The UV ratings in Huntington Arkansas are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Huntington Arkansas is slightly lower than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Huntington Arkansas pay 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 needed from the grid and saving money on bills.
- With lower electricity costs in Huntington Arkansas, the savings will be slightly lower compared to other locations.
After doing the calculations, it seems like it would take around 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the money saved on electricity bills will start to make up for the investment. And remember, solar panels last for a long time, so after that initial period, you’ll continue to benefit from the savings for many years. It’s a smart choice for both your finances and the environment!
Investing in solar power in Huntington Arkansas
Installing solar panels in Huntington Arkansas can be a financially smart decision for residents looking to save money on their electricity bills. With higher UV ratings, lower cloud cover, and relatively lower electricity costs compared to national averages, Huntington offers optimal conditions for solar panel efficiency. By investing in a solar system, residents could expect to break even on their initial cost within 7-8 years and continue to benefit from long-term savings. Not only will this switch to solar power benefit your finances, but it also contributes to a more sustainable and environmentally friendly future. Making the switch to solar panels in Huntington Arkansas is a win-win solution!