Overview
Discover how you can save money by installing solar panels on your home in Lawrence, Mississippi. By analyzing weather data and electricity costs, we will show you how much you can save over time by harnessing the power of the sun. Learn about the financial benefits of going solar and find out how quickly you can recoup your investment.
Lawrence Mississippi Weather Trends
Lawrence Precipitation
With Lawrence, Mississippi receiving 58.97 inches of precipitation in the last year, it is in the 68th percentile in the nation and the 47th percentile in Mississippi. Comparatively, the national average for total precipitation is 50.61 inches, and Mississippi’s average is 60.13 inches. This means that Lawrence experiences a moderate amount of rainfall, making it an ideal location for harnessing solar energy.
Lawrence’s UV Rating
Having an average UV rating of 5.35, Lawrence, Mississippi is in the 86th percentile in the nation and the 56th percentile in Mississippi. In comparison, the national average for average UV rating is 4.29, while Mississippi’s average is 5.31. Additionally, with an average max UV rating of 5.75, Lawrence is in the 72nd percentile nationally and the 56th percentile among other cities in Mississippi. These high UV ratings make Lawrence an excellent location for solar energy production.
Lawrence’s Cloud Cover
In the last year, Lawrence, Mississippi had an average of 42% cloud cover, putting it in the 40th percentile in the nation and the 76th percentile in Mississippi. Nationally, the average for cloud cover is 44.46%, while in Mississippi it is 41.29%. With a significant number of days experiencing lower cloud cover percentages, Lawrence provides ample sunlight for solar panel efficiency, making it a prime location for solar energy generation.
Lawrence Mississippi Electricity Costs
Residents in Lawrence, Mississippi pay about $0.12/kw for electricity, placing them in the 53rd percentile in the nation and the 71st percentile in Mississippi. The national average for residential electricity is $0.13/kw, while Mississippi’s average is $0.11/kw. By installing solar panels on your home, you can reduce or even eliminate your electricity bills, saving money in the long run while also contributing to a greener environment.
When could you expect to break even on a solar installation in Lawrence Mississippi?
Considering the weather and electricity costs in Lawrence Mississippi, 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:
- Lawrence Mississippi receives more precipitation than the national average, but still has enough sunny days for solar panels to be effective.
- The UV ratings in Lawrence Mississippi are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Lawrence Mississippi is slightly below the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lawrence Mississippi pay slightly less for electricity compared to the national average.
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.
- With lower electricity costs in Lawrence Mississippi, the savings are slightly less compared to other locations.
Based on the data, it is estimated that it would take around 8 years to cover the initial cost of the solar panels. After this period, the money saved on electricity bills will start to accumulate, providing long-term savings and helping both financially and environmentally. Investing in solar energy is a wise decision that pays off in the long run.
Investing in solar power in Lawrence Mississippi
Investing in solar panels for your home in Lawrence, Mississippi can lead to significant savings over time. With favorable weather conditions for solar energy production and slightly lower electricity costs compared to the national average, residents can expect to break even on their investment in approximately 8 years. After this initial period, the money saved on electricity bills will continue to accumulate, providing long-term financial benefits while also contributing to a greener environment. By harnessing the power of the sun, you can not only save money but also make a positive impact on the planet. Consider going solar today and start reaping the rewards!