Overview
If you live in Lorimor, Iowa, you might want to consider the financial benefits of installing solar panels on your home. By analyzing weather data and electricity costs specific to Lorimor, we can show you how much money you could save in the long run. With the right solar system, you could potentially break even on your investment sooner than you might think. Read on to learn more about how going solar can help you save money and reduce your carbon footprint.
Lorimor Iowa Weather Trends
Lorimor Precipitation
With Lorimor Iowa receiving 36.97 inches of precipitation in the last year, it is evident that the area experiences moderate rainfall. Compared to the national average of 50.61 inches and Iowa’s average of 36.9 inches, Lorimor falls below the norm nationally but slightly above the state average. By harnessing the power of solar energy, you can take advantage of Lorimor’s precipitation levels and potentially save money on your electricity bill.
Lorimor’s UV Rating
Having an average UV rating of 4.2 in the last year, Lorimor Iowa experiences a decent amount of sunlight. Positioned in the 54th percentile in the country and the 83rd percentile in Iowa for UV rating, Lorimor offers ample sunshine for solar panel efficiency. Utilizing the higher UV ratings in Lorimor compared to the national average of 4.29 and Iowa’s average of 4.06 can help you generate more clean energy and further save on your electric expenses.
Lorimor’s Cloud Cover
With an average of 40% cloud cover in the last year, Lorimor Iowa enjoys relatively clear skies. Falling in the 29th percentile nationally and the 14th percentile in Iowa for cloud cover, Lorimor residents have the advantage of more sunlight for solar power generation. By capitalizing on the lower cloud cover percentages in Lorimor compared to the national average of 44.46% and Iowa’s average of 42.8%, you can increase your energy savings and help reduce your carbon footprint.
Lorimor Iowa Electricity Costs
Residing in Lorimor, Iowa means paying approximately $0.17/kw for electricity, placing it in the 95th percentile nationally and the 100th percentile in Iowa. While the national average for residential electricity is $0.13/kw, Lorimor’s slightly higher cost provides even more incentive to switch to solar energy. By investing in solar panels for your home, you can take control of your energy expenses and potentially see significant savings in the long run.
When could you expect to break even on a solar installation in Lorimor Iowa?
Considering the weather and electricity costs in Lorimor Iowa, 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:
- Lorimor Iowa receives less precipitation compared to the national average, making it a moderately sunny location suitable for solar panels.
- The UV ratings in Lorimor Iowa are slightly below the national average but still sufficient for generating solar power.
- Cloud cover in Lorimor Iowa is lower than the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lorimor Iowa pay slightly more 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 and saving money on electricity bills.
- Due to the higher electricity rates in Lorimor Iowa, the savings from using solar power are even more significant.
After calculations, it appears that it would take approximately 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the savings on electricity bills will begin to accumulate and offset the investment. Additionally, considering the longevity of solar panels, these savings will continue for many more years, making it a wise financial and environmentally friendly decision.
Investing in solar power in Lorimor Iowa
Installing solar panels in Lorimor, Iowa can be a smart financial decision. With the area’s moderate rainfall, ample sunlight, and lower cloud cover, solar energy can help you save money on your electricity bill. Pairing these weather conditions with the slightly higher electricity costs in Lorimor compared to the national average makes investing in solar panels even more beneficial. By breaking down the costs and potential savings, we have determined that it could take around 7-8 years to recoup the initial investment in solar panels. This means that not only can you save money in the long run, but you can also reduce your carbon footprint for years to come. Consider going solar in Lorimor to enjoy these financial and environmental benefits.