Overview
In Lewisburg, Tennessee, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs over the course of a year, we can estimate how long it would take to break even on the cost of a solar system. With ample sunshine and low precipitation levels, Lewisburg residents can harness the power of solar energy to save money on their electricity bills in the long run.
Lewisburg Tennessee Weather Trends
Lewisburg Precipitation
With 60.12 inches of precipitation in the last year, Lewisburg Tennessee is in the 70th percentile in the nation and the 68th percentile in Tennessee. Compared to the national average of 50.61 inches and Tennessee’s average of 58.16 inches, Lewisburg experiences above-average rainfall. By harnessing solar energy, residents can save on electricity costs even during rainy periods. Additionally, reducing reliance on traditional energy sources can help lessen the environmental impact of excessive precipitation.
Lewisburg’s UV Rating
In the last year, Lewisburg Tennessee had an average UV rating of 4.64, placing it in the 68th percentile in the nation and the 49th percentile in Tennessee. Compared to the national average of 4.29 and Tennessee’s average of 4.65, Lewisburg enjoys ample sunshine ideal for solar energy production. With an average max UV rating of 4.99, higher than the national average of 4.61, installing solar panels can maximize energy generation and reduce electricity bills. Taking advantage of sunny days can significantly benefit both financially and environmentally.
Lewisburg’s Cloud Cover
With an average of 44% cloud cover in the last year, Lewisburg Tennessee is in the 49th percentile in the nation and the 54th percentile in Tennessee. Tennessee’s average cloud cover is 43.78%, slightly lower than Lewisburg’s. By having 116 days with 0-25% cloud cover, residents can benefit from increased solar energy production on clear days. Installing solar panels in Lewisburg can capitalize on these favorable weather conditions, leading to long-term savings on electricity bills and reducing environmental impact.
Lewisburg Tennessee Electricity Costs
Residents of Lewisburg Tennessee pay about $0.11/kw for electricity, ranking the city in the 19th percentile in the nation and the 14th percentile in Tennessee. With lower electricity costs compared to the national average of $0.13/kw, investing in solar panels can lead to substantial long-term savings. By generating their own electricity through solar energy, residents can offset rising utility costs and mitigate the impact of fluctuating energy prices. Making the switch to solar power in Lewisburg is not only financially beneficial but also environmentally responsible.
When could you expect to break even on a solar installation in Lewisburg Tennessee?
Considering the weather and electricity costs in Lewisburg, 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:
- Lewisburg receives slightly more precipitation than the national average, but it still has a good amount of sunshine for solar panels to work effectively.
- The UV ratings in Lewisburg are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Lewisburg is about average for the country, with some variability throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lewisburg pay slightly less for electricity compared to the national average, which is beneficial for using solar power.
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 leading to savings on electricity bills.
- With lower electricity rates in Lewisburg, the savings from using solar power are slightly reduced compared to other areas.
After analyzing the numbers, it seems that it would take approximately 8 years to cover the initial cost of the solar panels in Lewisburg, Tennessee. This means that after 8 years, the money saved on electricity bills will begin to exceed the initial investment. Additionally, since solar panels have a lifespan of 25 to 30 years, the savings will continue for many years after the investment is recouped. It’s a smart financial and environmental decision for residents of Lewisburg to consider installing solar panels.
Investing in solar power in Lewisburg Tennessee
Installing solar panels in Lewisburg, Tennessee is a wise investment for residents looking to save money on their electricity bills while also reducing their environmental impact. With ample sunshine and slightly above-average precipitation levels, Lewisburg provides an ideal environment for harnessing solar energy. By taking advantage of the lower electricity costs in the area, residents can expect to break even on their initial investment in solar panels in approximately 8 years. Not only will this lead to long-term financial savings, but it will also contribute to a more sustainable future by decreasing reliance on traditional energy sources. Overall, installing solar panels in Lewisburg, Tennessee is a smart choice for both homeowners and the environment.