Overview
Solar panels can be a wise financial investment for residents of Lewisville, Pennsylvania. By analyzing weather data and electricity costs specific to the area, we can demonstrate the potential savings and benefits of installing a solar system on your home. With information on precipitation, UV ratings, cloud cover, and electricity expenses, we will break down the costs of a solar system and estimate how quickly you can expect to see a return on your investment. Let’s explore how going solar in Lewisville can lead to long-term financial rewards.
Lewisville Pennsylvania Weather Trends
Lewisville Precipitation
In the last year, Lewisville Pennsylvania received 62.61 inches of precipitation, which is higher than both the national average of 50.61 inches and Pennsylvania’s average of 59.53 inches. With an abundance of rainfall, Lewisville’s climate is ideal for harnessing the power of solar energy.
Lewisville’s UV Rating
With an average UV rating of 4.17 in the last year, Lewisville Pennsylvania ranks higher than the national average of 4.29 but trails behind the state average of 3.82. The sun’s energy is a valuable resource, and Lewisville residents have the opportunity to take advantage of solar power to save on their electricity bills.
Lewisville’s Cloud Cover
In the last year, Lewisville Pennsylvania had an average cloud cover of 44%, which is lower than the state average of 51.8% but in line with the national average of 44.46%. With a significant number of days featuring clear skies, Lewisville offers ample sunlight for solar panels to thrive and generate clean energy.
Lewisville Pennsylvania Electricity Costs
Residents of Lewisville Pennsylvania pay about $0.13/kw for electricity, which is on par with both the national average and Pennsylvania’s average. By investing in solar panels, homeowners in Lewisville can reduce their reliance on traditional electricity sources and save money in the long run.
When could you expect to break even on a solar installation in Lewisville Pennsylvania?
Considering the weather and electricity costs in Lewisville, Pennsylvania, 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, Pennsylvania received slightly more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Lewisville, Pennsylvania are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Lewisville, Pennsylvania is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lewisville, Pennsylvania pay about the national average for electricity.
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 as much from the grid.
- With the electricity prices in Lewisville, Pennsylvania, the savings can contribute to a faster return on investment.
After analyzing the numbers, it appears that it would take approximately 5 years to cover the initial cost of the solar panels. After this period, the savings on electricity bills will start accumulating and paying off the investment. Since solar panels have a long lifespan, you will continue to enjoy these savings for many years to come. It’s a wise way to save money and contribute to a greener environment!
Investing in solar power in Lewisville Pennsylvania
Installing solar panels in Lewisville, Pennsylvania can be a smart financial decision. By examining the weather patterns, UV ratings, cloud cover, and electricity costs specific to the area, we have shown that residents can expect to break even on their investment in solar energy in approximately 5 years. After this initial period, the savings on electricity bills will continue to accumulate, providing long-term financial benefits. Investing in solar power not only allows homeowners to save money but also helps in creating a more sustainable and eco-friendly environment for future generations.