Overview
Are you tired of high electricity bills in Lidgerwood, North Dakota? Installing solar panels on your home can help you save money in the long run. By analyzing weather data and electricity costs over the course of a year, we can show you how much you can save by switching to solar energy. Let’s break down the cost of a solar system and estimate how quickly you can recoup your investment through energy savings.
Lidgerwood North Dakota Weather Trends
Lidgerwood Precipitation
With Lidgerwood receiving 35.35 inches of precipitation in the last year, it falls in the 19th percentile in the nation and the 91st percentile in North Dakota. Comparing it to the national average of 50.61 inches and North Dakota’s average of 30.8 inches, Lidgerwood’s lower precipitation levels make it an ideal location for solar panel installation.
Lidgerwood’s UV Rating
Notably, Lidgerwood had an average UV rating of 3.61 in the last year, placing it in the 24th percentile in the nation and the 91st percentile in North Dakota. Although slightly lower than the national average of 4.29, Lidgerwood’s UV levels are sufficient for effective solar energy production, especially when considering the average max UV rating of 3.78.
Lidgerwood’s Cloud Cover
With an average cloud cover of 45% in the last year, Lidgerwood is in the 53rd percentile in the nation and the 24th percentile in North Dakota. Having a higher percentage of clear days compared to the national average of 44.46% and North Dakota’s 46.71%, Lidgerwood provides ample sunlight for optimal solar panel performance.
Lidgerwood North Dakota Electricity Costs
Lidgerwood residents benefit from affordable electricity costs, paying $0.1/kw. This places Lidgerwood in the 12th percentile in the nation and the 41st percentile in North Dakota, below the national average of $0.13/kw. By taking advantage of these low rates and transitioning to solar energy, residents can further reduce their utility expenses and contribute to a sustainable future.
When could you expect to break even on a solar installation in Lidgerwood North Dakota?
Considering the weather and electricity costs in Lidgerwood North Dakota, 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:
- Lidgerwood North Dakota receives less precipitation compared to the national average, making it a good location for solar panels.
- The UV ratings are slightly lower than the national average, but still sufficient for generating solar power.
- Cloud cover is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lidgerwood North Dakota 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 need to purchase as much from the grid.
- With Lidgerwood North Dakota’s relatively lower electricity rates, the savings may not be as substantial as in other locations.
After crunching the numbers, it looks like it would take approximately 7-8 years to cover the initial cost of the solar panels. That means, after 7-8 years, the money saved on electricity bills will start to add up and pay off the investment. Since solar panels last for a long time, you’ll continue to benefit from these savings for many years to come. It’s a wise investment that can also contribute to environmental conservation!
Investing in solar power in Lidgerwood North Dakota
With the favorable weather conditions and affordable electricity costs in Lidgerwood, North Dakota, investing in solar panels can yield significant savings over time. By analyzing the data, we have determined that the average break-even point for a standard 10kW solar system in Lidgerwood is between 7 and 8 years. This means that residents can start seeing a return on their investment after this period, ultimately saving money on electricity bills and contributing to a more sustainable future. Transitioning to solar energy in Lidgerwood is a smart choice that offers long-term financial and environmental benefits.