Overview
Are you a Manteo North Carolina resident looking to save money on your electricity bill? Installing solar panels on your home can be a smart financial decision. By analyzing weather data and electricity costs specific to Manteo, we will show you how you can break even on the cost of a solar system and start saving money in the long run. Let us help you decide if solar is the right choice for you.
Manteo North Carolina Weather Trends
Manteo Precipitation
With Manteo receiving 72.76 inches of precipitation last year, it is evident that the area experiences a fair amount of rain. However, compared to the rest of the country, Manteo ranks in the 92nd percentile, while in North Carolina, it is in the 84th percentile. These high levels of precipitation can benefit solar panel efficiency by helping to keep them clean and operating optimally throughout the year.
Manteo’s UV Rating
Despite receiving a moderate UV rating of 4.58, Manteo falls within the 67th percentile nationally and the 25th percentile within North Carolina. This means there is ample sunlight for solar panels to generate electricity efficiently. Although the average max UV rating is slightly lower at 4.54, it still provides enough solar radiation for panels to work effectively.
Manteo’s Cloud Cover
With an average of 44% cloud cover, Manteo is neither too cloudy nor too sunny, striking a good balance for solar panel performance. This places Manteo in the 50th percentile nationally and the 80th percentile within North Carolina. Having a mix of cloud cover types can actually be beneficial for solar panels, as it prevents them from overheating and allows for consistent energy production.
Manteo North Carolina Electricity Costs
Residents in Manteo pay around $0.13/kw for electricity, positioning the area in the 80th percentile nationally and the 90th percentile within North Carolina. Despite the slightly higher cost compared to the national average, going solar can still lead to significant savings in the long run. By investing in a solar system, you can hedge against rising electricity prices and lower your monthly utility bills.
When could you expect to break even on a solar installation in Manteo North Carolina?
Considering the weather and electricity costs in Manteo, 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:
- Manteo gets more rain than the national average, but still has plenty of sunshine for solar panels to work effectively.
- The UV ratings in Manteo are slightly lower than the national average, but are still good for generating solar power.
- Cloud cover in Manteo is about average for the country, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Manteo pay 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, which means we don’t need to buy as much from the grid.
- With Manteo’s electricity rates, the savings will contribute to covering the initial cost.
After calculating, it looks like it would take around 5 years to cover the initial cost of the solar panels in Manteo, North Carolina. This means, after 5 years, the money saved on electricity bills will start to accumulate and pay off the investment. And since solar panels last for a long time, you’ll continue to enjoy those savings for many years to come. It’s a smart financial move and a positive step towards helping the environment!
Investing in solar power in Manteo North Carolina
With the analysis of weather trends and electricity costs in Manteo, North Carolina, it is clear that investing in solar panels can result in significant long-term savings on electricity bills. By harnessing the ample sunlight and the balance of cloud cover in the area, solar panels can efficiently generate electricity and help Manteo residents save money. Considering the break-even point for a standard 10kW solar system is around 5 years, it is evident that going solar is a wise financial decision for residents looking to lower their monthly utility costs and reduce their carbon footprint. Embracing solar power is not only beneficial for your wallet but also for the environment, making it a win-win choice for Manteo homeowners!