Overview
In Hurley, Missouri, installing solar panels on your home can lead to significant long-term financial savings. By analyzing weather data and electricity costs specific to the area, we can estimate how quickly you can break even on the cost of a solar system. With the potential for ample sunlight throughout the year and rising traditional electricity prices, making the switch to solar power can be a smart investment for your home and your wallet.
Hurley Missouri Weather Trends
Hurley Precipitation
With Hurley experiencing 55.98 inches of precipitation in the last year, it is evident that the area receives a considerable amount of rainfall. Compared to the national average of 50.61 inches, Hurley stands above in the 61st percentile. In Missouri, Hurley is even higher in the 90th percentile, showcasing the region’s affinity for precipitation.
Hurley’s UV Rating
When looking at Hurley’s UV rating over the last year, with an average of 4.67, the city ranks well among the nation and Missouri. With the national average standing at 4.29, Hurley surpasses this at the 69th percentile. In Missouri, the city is in the 74th percentile, showing the region’s potential for optimal solar energy production.
Hurley’s Cloud Cover
Understanding cloud cover is crucial when considering solar energy production. Hurley’s average of 38% cloud cover over the past year places it in the 19th percentile nationwide and the 26th percentile in Missouri. The city experienced various cloud cover levels, with 150 days having between 0% and 25% cloud cover, making it ideal for consistent solar power generation.
Hurley Missouri Electricity Costs
Residents in Hurley, Missouri, pay around $0.13/kw for electricity, putting them in the 80th percentile nationally and the 99th percentile within Missouri. While the national average for residential electricity is the same as Hurley, Missouri’s average is slightly lower at $0.11/kw, showcasing potential savings with a switch to solar power.
When could you expect to break even on a solar installation in Hurley Missouri?
Considering the weather and electricity costs in Hurley Missouri, 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:
- Hurley Missouri receives slightly more precipitation than the national average, which can help keep solar panels clean and efficient.
- The UV ratings in Hurley Missouri are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Hurley Missouri is lower than the national average, with a good number of days having clear skies for solar panels to work effectively.
Now, let’s consider the electricity costs:
- Residents in Hurley Missouri pay the national average for electricity, which is $0.13/kw.
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 solar system generates electricity, reducing the amount purchased from the grid and saving money on electricity bills.
- With Hurley Missouri’s average electricity rates, the savings from solar power can add up over time.
After analyzing the data, it appears that it would take around 5-6 years to cover the initial cost of the solar panels in Hurley Missouri. This means that after this period, the savings on electricity bills will start to accumulate and offset the investment. Remember, solar panels have a long lifespan, so the benefits will continue long after the initial cost is recovered. It’s a wise investment that pays off in both savings and sustainability!
Investing in solar power in Hurley Missouri
Switching to solar power in Hurley, Missouri, can be a financially rewarding decision. With higher than average UV ratings, lower cloud cover, and competitive electricity prices, installing solar panels can lead to significant long-term savings. By estimating a 5-6 year break-even period on the initial cost of a solar system, homeowners in Hurley can enjoy reduced electricity bills and a sustainable energy source for years to come. Make the smart investment for your home and your wallet by harnessing the power of the sun!