Overview
In Matthews Missouri, installing solar panels on your home can lead to significant financial benefits. By examining weather data and electricity costs specific to the area, we can estimate the costs and savings associated with a solar system. With the amount of sunlight this area receives, coupled with the rising cost of electricity, investing in solar panels can result in long-term savings and even potentially lead to breaking even on your investment sooner than you might think.
Matthews Missouri Weather Trends
Matthews Precipitation
In the last year, Matthews Missouri received 52.31 inches of precipitation. This is higher than the national average of 50.61 inches but lower than the Missouri average of 47.04 inches. Living in Matthews means you can take advantage of the ample rainfall, making it an ideal location for harnessing solar energy. By installing solar panels, you can make the most of the precipitation in the area to generate clean and renewable energy for your home.
Matthews’s UV Rating
In the last year, Matthews Missouri had an average UV rating of 4.78, which is higher than the national average of 4.29 and the Missouri average of 4.59. With an average max UV rating of 5.18, Matthews receives a substantial amount of sunlight throughout the year, providing great potential for solar energy production. Harnessing this abundant sunlight through solar panels can help you reduce your reliance on traditional electricity sources and lower your energy bills.
Matthews’s Cloud Cover
In the last year, Matthews Missouri had an average of 39% cloud cover, lower than the national average of 44.46% and the Missouri average of 39.07%. With 141 days of low cloud cover, there are plenty of opportunities to maximize solar energy production in Matthews. By choosing to install solar panels on your home, you can take advantage of the clear skies and sunny days to generate clean energy and reduce your carbon footprint.
Matthews Missouri Electricity Costs
Matthews Missouri residents pay about $0.11/kw for electricity, which is lower than the national average of $0.13/kw but in line with the Missouri average. With the rising cost of electricity, investing in solar panels can offer significant long-term savings on your energy bills. By harnessing the abundant sunlight in Matthews, you can generate your own electricity and potentially break even on your investment sooner than you might expect.
When could you expect to break even on a solar installation in Matthews Missouri?
Considering the weather and electricity costs in Matthews, Missouri, 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:
- Matthews receives slightly more rain than the national average, but still has enough sunshine for solar panels to be effective.
- The UV ratings in Matthews are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Matthews is lower than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Matthews 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 amount needed from the grid.
- With Matthews’ lower electricity rates, the savings are significant.
After evaluating the numbers, it appears that it would take around 4-5 years to cover the initial cost of the solar panels. This means that after 4-5 years, the money saved on electricity bills will begin to offset the investment. Additionally, since solar panels have a long lifespan, you will continue to benefit from these savings for many years. Investing in solar panels is a wise choice for both your finances and the environment!
Investing in solar power in Matthews Missouri
Investing in solar panels in Matthews, Missouri can lead to significant financial benefits due to the area’s weather trends and electricity costs. With ample sunlight and lower electricity rates, installing solar panels can result in long-term savings and potentially break even on your investment in as little as 4-5 years. By harnessing solar energy, you can reduce your reliance on traditional electricity sources, lower your energy bills, and contribute to a cleaner environment. It’s a smart choice for both your finances and the planet!