Overview
In Lewisville, North Carolina, installing solar panels on your home can lead to significant long-term savings on your electricity bill. By analyzing local weather data and electricity costs, we can show you how a solar system can pay for itself over time. With plenty of sunshine throughout the year, investing in solar power in Lewisville is a smart financial decision that can benefit both your wallet and the environment.
Lewisville North Carolina Weather Trends
Lewisville Precipitation
With 62.23 inches of precipitation in the last year, Lewisville North Carolina is drier than the national average of 50.61 inches but slightly wetter than the North Carolina average of 65.54 inches. Investing in solar panels in a relatively dry area like Lewisville can ensure consistent energy production throughout the year, maximizing your savings in the long run.
Lewisville’s UV Rating
With an average UV rating of 4.62, Lewisville North Carolina receives more sunlight than the national average of 4.29 but slightly less than the North Carolina average of 4.72. This means that installing solar panels in Lewisville can capture ample sunlight to power your home efficiently, leading to greater savings on your electricity bill over time.
Lewisville’s Cloud Cover
At an average of 41% cloud cover, Lewisville North Carolina experiences less cloudy days compared to the national average of 44.46%. With a good amount of sunshine throughout the year, solar panels in Lewisville can generate a significant amount of energy, reducing your reliance on the grid and saving you money in the process.
Lewisville North Carolina Electricity Costs
With electricity costs at $0.12/kw, Lewisville North Carolina residents pay slightly less than the national average of $0.13/kw and on par with the North Carolina average. By investing in solar panels, you can take control of your energy costs and save money on your electricity bill, especially in a location like Lewisville with favorable solar conditions.
When could you expect to break even on a solar installation in Lewisville North Carolina?
Considering the weather and electricity costs in Lewisville, North Carolina, 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:
- Lewisville gets more rain than the national average, but it still has plenty of sunny days for solar panels to work effectively.
- The UV ratings in Lewisville are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Lewisville is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lewisville pay slightly less for electricity compared to the national average, at $0.12/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, especially in a location like Lewisville with good sunlight and lower electricity costs.
After considering all the factors, it looks like it would take around 5-7 years to cover the initial cost of the solar panels. This means that after 5-7 years, the savings on electricity bills will start to add up and pay off the investment. And don’t forget, solar panels have a long life span, so you will continue to benefit from the savings for many more years. It’s a smart financial decision that also helps the environment!
Investing in solar power in Lewisville North Carolina
Installing solar panels in Lewisville, North Carolina can lead to significant long-term savings on your electricity bill. By analyzing the local weather data and electricity costs, it is clear that investing in solar power in Lewisville is a smart financial decision that can benefit both your wallet and the environment. With ample sunshine, favorable UV ratings, and lower electricity costs, solar panels can pay for themselves in as little as 5-7 years. This investment not only saves you money but also contributes to a more sustainable future. Consider making the switch to solar power in Lewisville and start enjoying the benefits today!