Overview
In Lafferty, Ohio, investing in solar panels for your home can lead to significant financial benefits. By analyzing weather data and electricity costs, we have determined that a solar system in this area can provide substantial savings over time. With the average amount of precipitation, UV ratings, and cloud cover in Lafferty, installing solar panels can help you break even on your investment sooner than you may think. Let us break down the costs and show you how you can start saving money with solar power.
Lafferty Ohio Weather Trends
Lafferty Precipitation
With Lafferty Ohio receiving 56.83 inches of precipitation in the last year, you may be concerned about how this could impact solar panel performance. However, it’s important to note that Lafferty is actually in the 85th percentile in Ohio and the 63rd percentile in the nation for precipitation, meaning that it is not significantly more rainy than other areas. In fact, the national average for total precipitation is 50.61 inches, so Lafferty is not far off from the average.
Lafferty’s UV Rating
Considering Lafferty Ohio’s average UV rating of 3.78 in the last year, you might be wondering if there is enough sunlight to make solar panels worthwhile. Rest assured, Lafferty is in the 50th percentile in Ohio and the 34th percentile in the nation for UV rating, indicating that there is ample sunlight for solar panel efficiency. The national average for average UV rating is 4.29, so Lafferty is close to the average for the country.
Lafferty’s Cloud Cover
Despite Lafferty Ohio having an average of 52% cloud cover in the last year, installing solar panels can still be a smart decision. Lafferty falls in the 58th percentile in Ohio and the 79th percentile in the nation for cloud cover, showing that it is not cloudier than most areas. The national average for average cloud cover is 44.46%, so Lafferty does have slightly more cloud cover than the average for the country.
Lafferty Ohio Electricity Costs
While Lafferty Ohio residents pay about $0.13/kw for electricity, which is slightly higher than the state average, investing in solar panels can help you save significantly on your electricity bills in the long run. The national average for residential electricity is also $0.13/kw, so Lafferty is actually on par with the rest of the country in terms of electricity costs. By making the switch to solar power, you can reduce your reliance on traditional electricity sources and enjoy substantial financial savings over time.
When could you expect to break even on a solar installation in Lafferty Ohio?
Considering the weather and electricity costs in Lafferty Ohio, 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:
- Lafferty Ohio receives slightly more precipitation than the national average, but it still has enough sunlight for effective solar panel use.
- The UV ratings are a bit lower than the national average, but they are sufficient for generating solar power.
- Cloud cover in Lafferty Ohio is slightly higher than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lafferty Ohio pay the national average for residential electricity.
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 need to purchase from the grid.
- Since electricity costs are average in Lafferty Ohio, the savings are also average compared to the national average.
After doing the calculations, it appears that it would take approximately 5 years to cover the initial cost of the solar panels. Therefore, after 5 years, the savings on electricity bills will start accumulating and pay off the investment. Remember, solar panels have a long lifespan, so beyond this period, you will continue to benefit from these savings for many more years. Installing solar panels is a smart way to save money and contribute to a cleaner environment!
Investing in solar power in Lafferty Ohio
After analyzing the weather trends and electricity costs in Lafferty, Ohio, it is evident that investing in solar panels for your home can lead to significant financial benefits. Despite receiving slightly more precipitation and having slightly higher cloud cover compared to the national averages, Lafferty still has ample sunlight for solar panel efficiency. With electricity costs on par with the national average, a standard solar system could break even within 5 years, providing long-term savings and environmental benefits. Installing solar panels in Lafferty is a wise decision that can help you save money and reduce your reliance on traditional electricity sources for years to come.