Overview
Are you a Lumberton North Carolina resident looking to save money on your electric bill? Installing solar panels on your home could be the solution you’ve been searching for! By analyzing weather data and electricity costs specific to Lumberton, we will show you how investing in a solar system can lead to significant financial benefits in the long run. Let’s break down the costs and estimate how quickly you could start seeing a return on your investment.
Lumberton North Carolina Weather Trends
Lumberton Precipitation
With Lumberton receiving 72.25 inches of precipitation in the last year, it is clear that the city experiences a significant amount of rainfall. This places Lumberton in the 91st percentile in the nation and the 81st percentile in North Carolina. Compared to the national average of 50.61 inches, Lumberton sees a higher amount of precipitation than most places in the country.
Lumberton’s UV Rating
On average, Lumberton has a UV rating of 5.06, positioning the city in the 79th percentile in the nation and the 90th percentile in North Carolina. This higher UV rating indicates that Lumberton receives more sunlight compared to many other areas. With an average max UV rating of 5.45, Lumberton residents can take advantage of the sun’s energy for a longer period during the day.
Lumberton’s Cloud Cover
Despite high precipitation levels, Lumberton maintains an average cloud cover of 41%, ranking the city in the 30th percentile in the nation and the 28th percentile in North Carolina. This means that there are ample sunny days in Lumberton to harness solar energy efficiently. With varying degrees of cloud cover throughout the year, residents can benefit from consistent sunlight for their solar panels.
Lumberton North Carolina Electricity Costs
Residents of Lumberton pay around $0.12/kw for electricity, placing the city in the 62nd percentile in the nation and the 67th percentile in North Carolina. This competitive rate, below the national average of $0.13/kw, makes Lumberton an attractive location for investing in solar panels. By generating your electricity through solar power, you can significantly reduce your reliance on the grid and save money on your electric bill.
When could you expect to break even on a solar installation in Lumberton North Carolina?
Considering the weather and electricity costs in Lumberton, 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:
- Lumberton gets more precipitation than the national average, but it still has enough sunlight for solar panels to work effectively.
- The UV ratings in Lumberton are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Lumberton is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lumberton 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, which means we don’t need to buy as much from the grid.
- With Lumberton’s relatively lower electricity rates, the savings are still significant.
After crunching the numbers, it looks like it would take around 7-9 years to cover the initial cost of the solar panels. That means, after 7-9 years, the money you save on electricity bills will start to add up and pay off the investment. And keep in mind, solar panels last for a long time, so after that initial period, you’ll be enjoying those savings for many years to come. It’s a wise investment that helps you save money and reduce your environmental impact!
Investing in solar power in Lumberton North Carolina
After analyzing the weather trends and electricity costs specific to Lumberton, North Carolina, it’s clear that investing in solar panels can lead to significant financial benefits in the long run. With ample sunlight for solar energy and competitive electricity rates, residents can expect to break even on their investment in 7-9 years. This smart decision not only saves money on electric bills but also contributes to reducing environmental impact. Making the switch to solar power in Lumberton is a wise choice for both your wallet and the planet!