Overview
Living in Laketown, Utah offers a substantial opportunity for residents to save money by harnessing the power of the sun through solar panels. With high levels of sunlight and low levels of precipitation, Laketown is an ideal location for solar energy production. By analyzing weather data and electricity costs, we will demonstrate just how much money you can save by investing in a solar system for your home. By breaking down the costs and estimating the time it takes to break even on your investment, you will see the financial benefits of going solar in Laketown, Utah.
Laketown Utah Weather Trends
Laketown Precipitation
With only 25 inches of precipitation in the last year, Laketown, Utah is in the 9th percentile nationally and the 48th percentile within the state. Comparatively, the national average for total precipitation is 50.61 inches, indicating that Laketown receives significantly less rainfall. Utah’s average for total precipitation is 25.26 inches, making Laketown slightly above the state average in this regard.
Laketown’s UV Rating
Over the past year, Laketown, Utah had an average UV rating of 3.06, placing it in the 4th percentile nationally and the 6th percentile within Utah. The national average for average UV rating is 4.29, showcasing the high levels of sun exposure Laketown receives. Utah’s average for average UV rating is 3.89, making Laketown slightly below the state average. Additionally, the average max UV rating in Laketown was 3.2, which is in the 11th percentile nationally and the 6th percentile within Utah.
Laketown’s Cloud Cover
With an average of 42% cloud cover in the last year, Laketown, Utah ranks in the 40th percentile nationally and the 97th percentile within the state. Comparing this to the national average of 44.46% for cloud cover, Laketown has relatively clear skies, making it an ideal location for solar energy production. Utah’s average for cloud cover is 31.68%, indicating that Laketown experiences greater cloud cover than the state average. Additionally, the distribution of cloud cover days in Laketown shows a significant number of days with minimal cloud cover, allowing for consistent solar energy generation.
Laketown Utah Electricity Costs
Residents of Laketown, Utah pay about $0.11 per kilowatt-hour for electricity, placing them in the 23rd percentile nationally and the 69th percentile within the state. In comparison, the national average for residential electricity is $0.13/kw, indicating that Laketown enjoys relatively lower electricity costs. Utah’s average for residential electricity is $0.1/kw, placing Laketown slightly above the state average. By harnessing solar energy, residents can further reduce their electricity expenses and take advantage of the abundant sunlight in the area.
When could you expect to break even on a solar installation in Laketown Utah?
Considering the weather and electricity costs in Laketown Utah, 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:
- Laketown Utah receives less precipitation than the national average, making it a suitable location for solar panels.
- The UV ratings in Laketown Utah are slightly lower than the national average, but still sufficient for generating solar power.
- Cloud cover in Laketown Utah is close to the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Laketown Utah pay slightly less for electricity compared to the national average, which can result in lower savings from solar panels.
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.
- Considering the lower electricity costs in Laketown Utah, the savings might take longer to cover the initial investment.
Based on the calculations, it might take around 7-8 years to cover the initial cost of the solar panels in Laketown Utah. This means that after 7-8 years, the money saved on electricity bills will begin to offset the initial investment. And remember, solar panels have a long lifespan, so you can continue to benefit from these savings for many years. Investing in solar panels is a smart way to save money and contribute to a more sustainable future!
Investing in solar power in Laketown Utah
Living in Laketown, Utah provides an excellent opportunity to save money by utilizing solar panels due to the high levels of sunlight and low precipitation. By analyzing weather data and electricity costs, it is evident that investing in a solar system for your home in Laketown can lead to significant financial benefits. With the potential to break even on your investment in 7-8 years, harnessing solar energy not only saves money but also contributes to a more sustainable future. Make the smart choice and consider going solar in Laketown, Utah!