Overview
In Kirksville Missouri, installing solar panels on your home can lead to significant savings on your electricity bill. By analyzing weather data and electricity costs specific to the area, we have calculated the potential financial benefits of going solar. In this article, we will break down the costs of a solar system, estimate how long it will take to break even, and show you why going solar is a smart financial decision for Kirksville residents.
Kirksville Missouri Weather Trends
Kirksville Precipitation
With 42.61 inches of precipitation in the last year, Kirksville Missouri is in the 33rd percentile in the nation and the 31st percentile in Missouri. While the national average for total precipitation is 50.61 inches, Missouri’s average is 47.04 inches. Despite receiving slightly less rainfall compared to the national and state averages, Kirksville’s precipitation levels are still substantial.
Kirksville’s UV Rating
Kirksville Missouri had an average UV rating of 4.32 in the last year, placing it in the 59th percentile nationally and the 8th percentile within Missouri. Comparatively, the national average UV rating is 4.29, while Missouri’s average is 4.59. The city also experienced an average max UV rating of 4.68, ranking it in the 50th percentile nationally and the 14th percentile in Missouri. These ratings indicate Kirksville receives a healthy amount of sunlight, making it a viable location for solar panel installation.
Kirksville’s Cloud Cover
With an average of 41% cloud cover in the last year, Kirksville Missouri is in the 31st percentile nationally and the 87th percentile within Missouri. While the national average for cloud cover is 44.46%, Missouri’s average is 39.07%. The city had a mix of cloud cover percentages throughout the year, with 137 days of clear skies and 62 days with heavy cloud cover. These varying cloud cover levels can impact solar panel efficiency, but overall Kirksville experiences favorable conditions for solar energy generation.
Kirksville Missouri Electricity Costs
Residents in Kirksville Missouri pay around $0.11/kw for electricity, positioning the city in the 42nd percentile nationally and the 57th percentile within Missouri. In comparison, the national average for residential electricity is $0.13/kw, while Missouri’s average is also $0.11/kw. With electricity costs slightly below the national average, transitioning to solar power can lead to significant savings over time, making it a financially wise decision for Kirksville residents.
When could you expect to break even on a solar installation in Kirksville Missouri?
Considering the weather and electricity costs in Kirksville 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:
- Kirksville Missouri gets slightly less rain than the national average, making it suitable for solar panel installations.
- The UV ratings in Kirksville Missouri are higher than the national average, which is great for generating solar power efficiently.
- Cloud cover in Kirksville Missouri is lower than the national average, providing more sunny days for solar panels to work effectively.
Now, let’s consider the electricity costs:
- Residents in Kirksville Missouri pay a bit less for electricity compared to the national average, at $0.11/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 system generates electricity, reducing the amount needed from the grid and saving money on electricity bills.
- With Kirksville Missouri’s lower electricity rates, the savings are significant over time.
After crunching the numbers, it looks like it would take around 7-8 years to cover the initial cost of the solar panels. That means, after 7-8 years, the money saved on electricity bills will start to accumulate and pay off the investment. And since solar panels last for 25-30 years, you’ll be enjoying those savings for many years after that initial period. It’s a smart investment that pays off in the long run while also contributing to a greener environment.
Investing in solar power in Kirksville Missouri
In conclusion, installing solar panels in Kirksville, Missouri, is a wise financial decision for residents. The weather trends show that the city receives a healthy amount of sunlight, making it a suitable location for solar panel installation. With electricity costs slightly below the national average, transitioning to solar power can lead to significant savings over time. By analyzing the costs and potential savings, it is estimated that residents could break even on their investment in solar panels within 7-8 years. This initial investment will not only pay off in the long run but also contribute to a greener environment for years to come.