Overview
In Lewisport, Kentucky, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs specific to the area, it is evident that solar energy is a smart investment. With information on inches of precipitation, average UV ratings, and cloud cover percentages, we can estimate the cost of a solar system and predict how long it will take to break even. This article will demonstrate the potential savings and return on investment for Lewisport residents considering solar energy.
Lewisport Kentucky Weather Trends
Lewisport Precipitation
With Lewisport receiving 59.78 inches of precipitation in the last year, it is evident that the area sees a significant amount of rainfall. Compared to the rest of Kentucky, Lewisport falls in the 85th percentile, indicating a higher level of precipitation than most areas in the state. Nationally, Lewisport ranks in the 70th percentile for total precipitation, showcasing its position as one of the wetter regions in the country. This ample rainfall can be harnessed through solar panels to generate clean and sustainable energy for your home.
Lewisport’s UV Rating
In terms of UV rating, Lewisport boasts an average of 4.39, placing it in the 68th percentile for Kentucky and the 61st percentile nationally. With a high UV rating, Lewisport residents have the opportunity to capitalize on solar energy production, as the sun’s rays are strong and consistent. Additionally, with an average max UV rating of 4.87, Lewisport is well-positioned to harness solar energy efficiently throughout the year, making solar panels a wise investment for homeowners in the area.
Lewisport’s Cloud Cover
Despite receiving ample sunlight, Lewisport experiences an average cloud cover of 43%, placing it in the 19th percentile in Kentucky and the 45th percentile nationally. This means that there are plenty of clear days for solar panels to generate electricity efficiently. With a substantial number of days featuring minimal cloud cover, Lewisport provides an ideal environment for solar energy production, allowing residents to save on electricity bills while reducing their carbon footprint.
Lewisport Kentucky Electricity Costs
Residents of Lewisport pay approximately $0.12/kw for electricity, which is below the national average of $0.13/kw but slightly higher than Kentucky’s average of $0.11/kw. By installing solar panels, homeowners in Lewisport can take advantage of their lower-than-average electricity costs to maximize savings and generate their own renewable energy. Not only does this help reduce monthly utility bills, but it also contributes to a more sustainable future for the community.
When could you expect to break even on a solar installation in Lewisport Kentucky?
Considering the weather and electricity costs in Lewisport Kentucky, 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:
- Lewisport Kentucky receives slightly more precipitation than the national average, but still has enough sunlight for solar panels to function effectively.
- The UV ratings in Lewisport Kentucky are slightly above the national average, making it a good location for generating solar power.
- Cloud cover in Lewisport Kentucky is slightly below the national average, with variations across different days of the year.
Now, let’s consider the electricity costs:
- Residents in Lewisport Kentucky 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 amount needed from the grid, especially with lower electricity costs in Lewisport Kentucky.
After analyzing the data, it appears that it would take about 5 to 6 years to cover the initial cost of the solar panels in Lewisport Kentucky. This means that after that period, the savings on electricity bills will start to accumulate and the investment will be paid off. Considering the durability of solar panels, the savings will continue for many years to come. It’s a wise financial and environmentally-friendly choice for the long term!
Investing in solar power in Lewisport Kentucky
When considering the data on weather trends, electricity costs, and potential savings, it is clear that investing in solar panels in Lewisport, Kentucky is a wise decision. With the ample sunlight, lower-than-average electricity costs, and the ability to break even on the investment within 5 to 6 years, residents have the opportunity to save money and reduce their carbon footprint. By harnessing solar energy, homeowners in Lewisport can enjoy both financial benefits and contribute to a more sustainable future for their community.