Overview
In Loudon Tennessee, installing solar panels on your home can greatly reduce your electricity costs and lead to long-term financial savings. By analyzing weather data, including precipitation, UV ratings, and cloud cover, we can determine the potential energy production of a solar system in this area. Based on this data, we will break down the cost of a solar system and estimate how long it will take for you to break even on your investment. So, if you’re looking to save money on your electricity bills and make a positive impact on the environment, installing solar panels in Loudon Tennessee could be a smart financial decision for you.
Loudon Tennessee Weather Trends
Loudon Precipitation
With 72 inches of precipitation in the last year, Loudon Tennessee is in the 91st percentile in the nation and the 98th percentile in Tennessee. Compared to the national average of 50.61 inches and Tennessee’s average of 58.16 inches, Loudon sees a significant amount of rain. This means that solar panels in Loudon can efficiently harness energy even during cloudy days, making it a great investment.
Loudon’s UV Rating
With an average UV rating of 6.77, Loudon Tennessee ranks in the 99th percentile in the nation and the 100th percentile in Tennessee. Compared to the national average of 4.29 and Tennessee’s average of 4.65, Loudon receives ample sunlight for solar energy production. Additionally, the average max UV rating of 7 in Loudon further showcases the potential for solar panels to generate electricity efficiently.
Loudon’s Cloud Cover
At an average of 48% cloud cover, Loudon Tennessee is in the 67th percentile in the nation and the 94th percentile in Tennessee. Although there are days with varying cloud cover percentages, the majority of days have a favorable amount of sunlight for solar energy production. With 89 days of low cloud cover and a high number of clear days, solar panels in Loudon can consistently generate energy throughout the year.
Loudon Tennessee Electricity Costs
Residents of Loudon Tennessee pay about $0.11/kw for electricity, placing them in the 25th percentile in the nation and the 30th percentile in Tennessee. Comparing this to the national average of $0.13/kw and Tennessee’s average of $0.11/kw, Loudon offers competitive electricity rates. By installing solar panels, residents can take advantage of the abundant sunlight to generate their electricity, leading to significant long-term savings on energy bills.
When could you expect to break even on a solar installation in Loudon Tennessee?
Considering the weather and electricity costs in Loudon, Tennessee, 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:
- Loudon, Tennessee receives more precipitation than the national average, but it still has good sun exposure for solar panels to function efficiently.
- The UV ratings in Loudon are higher than the national average, making it a great location for generating solar power.
- Cloud cover in Loudon is slightly higher than the national average, varying throughout the year.
Now, let’s consider the electricity costs:
- Residents in Loudon, Tennessee pay less per kilowatt-hour 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 lower electricity rates in Loudon, the savings are not as significant as in locations with higher rates.
After analyzing the data, it appears that it would take approximately 10 years to cover the initial cost of the solar panels in Loudon, Tennessee. This means that after a decade, the money saved on electricity bills will start to compensate for the investment. Additionally, considering the long lifespan of solar panels, the savings will continue for many years beyond the break-even point. Investing in solar power is a wise decision that not only saves money but also benefits the environment in the long run.
Investing in solar power in Loudon Tennessee
Although it is somewhat challenging given Loudon’s precipitation rate and cloud cover, the data suggests that solar panels could break even in just 10 years. By investing in solar power, Loudon residents can enjoy cheaper electricity bills over the long term and make a positive impact on the environment.