Overview
Are you a Leoma Tennessee resident looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been searching for. By analyzing weather data specific to Leoma, including inches of precipitation, average max UV rating, average UV rating, and average percentage cloud cover over 365 days, we can estimate the potential cost savings of a solar system. This article will break down the cost of a solar system for your home and provide an estimate of how long it will take for you to break even on your investment, highlighting the financial benefits of going solar in Leoma Tennessee.
Leoma Tennessee Weather Trends
Leoma Precipitation
With Leoma Tennessee receiving 61.01 inches of precipitation in the last year, you may be wondering how this compares to the rest of the country and Tennessee. Well, Leoma falls in the 72nd percentile nationally and the 70th percentile within Tennessee, indicating a higher-than-average amount of precipitation. This means that Leoma has favorable conditions for solar panel efficiency, as rain can help keep the panels clean and operating at their best performance levels.
Leoma’s UV Rating
When it comes to UV ratings, Leoma Tennessee boasts an average UV rating of 4.64, placing it in the 69th percentile nationwide and the 50th percentile in Tennessee. This is slightly higher than the national average of 4.29. Additionally, the average max UV rating is 5.02, placing Leoma in the 57th percentile across the country. These higher UV ratings make Leoma an excellent candidate for solar panel installation, as more sunlight means more energy production and potential cost savings for residents.
Leoma’s Cloud Cover
Over the last year, Leoma Tennessee had an average cloud cover of 44%, positioning it in the 48th percentile nationally and the 51st percentile within Tennessee. Compared to the national average of 44.46%, Leoma’s cloud cover is fairly consistent, providing a stable climate for solar energy generation. With a good mix of clear and cloudy days, residents can count on reliable solar panel performance throughout the year.
Leoma Tennessee Electricity Costs
When it comes to electricity costs, Leoma residents are paying about $0.11/kw, which is in the 37th percentile nationally and the 68th percentile in Tennessee. With the national average for residential electricity at $0.13/kw, Leoma’s lower electricity costs make it even more financially beneficial to switch to solar power. By investing in solar panels, residents can take advantage of the abundant sunlight and potentially lower their electricity bills even further.
When could you expect to break even on a solar installation in Leoma Tennessee?
Considering the weather and electricity costs in Leoma Tennessee, 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:
- Leoma Tennessee receives more precipitation than the national average, but it still has enough sunlight for solar panels to work effectively.
- The UV ratings in Leoma Tennessee are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Leoma Tennessee is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Leoma Tennessee 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.
- With lower electricity rates in Leoma Tennessee, the savings may take longer to cover the initial cost.
After running the numbers, it seems like it could take around 6-8 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will start to pay off the investment. And since solar panels last for many years, you will continue to enjoy those savings for a long time. It’s a smart investment for both your wallet and the environment!
Investing in solar power in Leoma Tennessee
In conclusion, installing solar panels in Leoma, Tennessee can be a financially smart decision for residents. With favorable weather conditions, including higher UV ratings and lower-than-average cloud cover, along with relatively lower electricity costs, the investment in solar panels can lead to significant cost savings over time. By breaking down the potential costs and estimating the payback period, it is clear that going solar in Leoma is not only an environmentally friendly choice but also a wise financial investment that can benefit residents for years to come.