Overview
Thinking about investing in solar panels for your Lamar Missouri home? You’re in luck! With our in-depth look into the local weather patterns and electricity costs, we’ll show you just how much money you can save by switching to solar. By breaking down the cost of a solar system and estimating the time it takes to break even, we’ll prove that going solar is not only good for the environment, but also for your wallet. Let’s dive in and explore the financial benefits of making the switch to solar energy in Lamar Missouri.
Lamar Missouri Weather Trends
Lamar Precipitation
With Lamar Missouri receiving 50.32 inches of precipitation in the last year, it is evident that the area sees a fair amount of rainfall. Lamar falls in the 49th percentile in the nation and the 67th percentile in Missouri when it comes to total precipitation. Comparing this to the national average of 50.61 inches and Missouri’s average of 47.04 inches, Lamar’s precipitation levels are quite comparable.
Lamar’s UV Rating
When it comes to UV ratings, Lamar Missouri had an average UV rating of 4.73 in the last year. This places Lamar in the 71st percentile in the nation and the 80th percentile in Missouri. The national average for UV rating is 4.29, while Missouri’s average is slightly higher at 4.59. With an average max UV rating of 5.13, Lamar is in a good position to harness solar energy effectively, as higher UV ratings translate to more efficient solar panel performance.
Lamar’s Cloud Cover
Last year, Lamar Missouri had an average cloud cover of 37%, ranking it in the 17th percentile in the nation and the 9th percentile in Missouri. Compared to the national average of 44.46% and Missouri’s average of 39.07%, Lamar experiences relatively clear skies, providing ample sunlight for solar panel absorption. With a significant number of days with low cloud cover percentages, residents can count on consistent solar energy production throughout the year.
Lamar Missouri Electricity Costs
Residents in Lamar Missouri pay about $0.13/kw for electricity, positioning Lamar in the 67th percentile in the nation and the 93rd percentile in Missouri in terms of electricity costs. Although the national average for residential electricity is also $0.13/kw, Missouri’s average is slightly lower at $0.11/kw. By installing solar panels, Lamar residents can significantly reduce their reliance on traditional electricity sources, leading to substantial savings on monthly energy bills.
When could you expect to break even on a solar installation in Lamar Missouri?
Considering the weather and electricity costs in Lamar 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:
- Lamar Missouri receives a similar amount of precipitation as the national average, making it suitable for solar panel installation.
- The UV ratings in Lamar Missouri are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Lamar Missouri is lower than the national average, with a mix of clear and cloudy days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lamar Missouri pay the national average for electricity, making it a standard cost compared to the rest of the country.
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 purchased from the grid and saving money over time.
- With the average electricity costs in Lamar Missouri, the savings will contribute to paying off the initial investment.
After analyzing the data, it appears that it would take approximately 6-7 years to cover the initial cost of the solar panels in Lamar Missouri. This means that after this period, the savings on electricity bills will start to accumulate, leading to significant long-term benefits. Since solar panels have a lifespan of 25-30 years, the investment proves to be a smart choice for saving money and promoting sustainability in the long run.
Investing in solar power in Lamar Missouri
With the favorable weather conditions and average electricity costs in Lamar Missouri, investing in solar panels can lead to significant long-term savings. By analyzing the data on precipitation, UV ratings, cloud cover, and electricity costs, it is clear that switching to solar energy is not only beneficial for the environment but also economically advantageous. Based on our calculations, residents can expect to break even on their solar panel investment in approximately 6-7 years, paving the way for years of reduced electricity bills and a greener future. Making the switch to solar energy in Lamar Missouri is a smart financial decision that can have a positive impact for decades to come.