Overview
In Kilauea, Hawaii, installing solar panels on your home can result in significant financial benefits. By analyzing weather data and electricity costs, we will show you how investing in a solar system can lead to savings on your monthly energy bill. With the sunny weather and high UV ratings in Kilauea, you can expect a quick return on your investment as we break down the costs and estimate the payback period for your solar panels.
Kilauea Hawaii Weather Trends
Kilauea Precipitation
With an annual precipitation of 46.45 inches, Kilauea Hawaii is in the 41st percentile in the nation and the 65th percentile in Hawaii. Comparatively, the national average is 50.61 inches, and Hawaii’s average is 38.66 inches. Despite not being the rainiest location, Kilauea’s rainfall levels are sufficient to support solar panels.
Kilauea’s UV Rating
Having an average UV rating of 5.64, Kilauea surpasses the national and state averages. Kilauea is in the 91st percentile in the nation and the 45th percentile in Hawaii. The national average for UV rating is 4.29, while Hawaii’s average is 5.44. These high UV levels in Kilauea make it an ideal location for solar energy production.
Kilauea’s Cloud Cover
Despite having an average cloud cover of 61%, Kilauea is in the 97th percentile in the nation and the 87th percentile in Hawaii. Comparatively, the national average for cloud cover is 44.46%, and Hawaii’s average is 53.18%. With varying cloud cover throughout the year, Kilauea still receives plenty of sunlight to power solar panels efficiently.
Kilauea Hawaii Electricity Costs
Residents of Kilauea pay about $0.34/kw for electricity, placing them in the 100th percentile in the nation and the 75th percentile in Hawaii. In contrast, the national average for residential electricity is $0.13/kw, while Hawaii’s average is $0.33/kw. By investing in solar panels, Kilauea residents can significantly reduce their electricity costs and see substantial long-term savings.
When could you expect to break even on a solar installation in Kilauea Hawaii?
Considering the weather and electricity costs in Kilauea Hawaii, 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:
- Kilauea Hawaii receives slightly less precipitation than the national average, which is good for solar panel efficiency.
- The UV ratings in Kilauea Hawaii are higher than the national average, making it a great place for solar power generation.
- Cloud cover in Kilauea Hawaii is higher than the national average, but there are still enough sunny days for effective solar panel operation.
Now, let’s consider the electricity costs:
- Residents in Kilauea Hawaii pay more for electricity compared to the national average, which means the savings from solar power can be even more significant.
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, leading to savings in electricity costs.
- Considering the higher electricity rates in Kilauea Hawaii, the potential savings are even greater.
After analyzing the data, it appears that it would take approximately 7 years to cover the initial cost of the solar panels in Kilauea Hawaii. This means that after 7 years, the savings on electricity bills will begin to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years beyond the break-even point. Investing in solar power is a wise decision both financially and environmentally!
Investing in solar power in Kilauea Hawaii
Investing in solar panels in Kilauea, Hawaii is a smart financial choice. With the sunny weather and high UV ratings, solar energy production is efficient, leading to significant savings on electricity costs. By analyzing the data, we have determined that it would take approximately 7 years to break even on the initial cost of installation. After this point, residents can enjoy long-term savings and contribute to a cleaner environment. Making the switch to solar power in Kilauea is a win-win situation for your wallet and the planet!