Overview
Are you a Matthews, North Carolina resident looking to save money on your electricity bills? Installing solar panels on your home may be the solution for you! By analyzing weather data specific to Matthews, including inches of precipitation, average max UV rating, average UV rating, and average percentage of cloud cover, along with basic electricity costs, we can break down the financial benefits of investing in a solar system. Discover how much you can save and estimate how long it will take to break even with a solar panel installation in Matthews, North Carolina.
Matthews North Carolina Weather Trends
Matthews Precipitation
With 61.87 inches of precipitation last year, Matthews, North Carolina is in the 74th percentile in the nation and the 33rd percentile in North Carolina. Comparatively, the national average for total precipitation is 50.61 inches, while North Carolina’s average is 65.54 inches. Installing solar panels can help offset the environmental impact of high precipitation levels and save you money in the long run.
Matthews’s UV Rating
Last year, Matthews, North Carolina had an average UV rating of 4.86, placing it in the 75th percentile in the nation and the 67th percentile in North Carolina. In comparison, the national average for average UV rating is 4.29, and North Carolina’s average is 4.72. Additionally, with an average max UV rating of 5.24, Matthews is ahead of the national average of 4.61 and slightly higher than North Carolina’s average of 5.06. Harnessing solar energy on your property can take advantage of the abundant sunlight and reduce your electricity costs.
Matthews’s Cloud Cover
Matthews, North Carolina experienced an average of 41% cloud cover last year, placing it in the 30th percentile nationally and the 26th percentile within North Carolina. The national average for average cloud cover is 44.46%, while North Carolina’s average is 42.57%. With a substantial number of days with minimal cloud cover, Matthews is an ideal location for solar panel installation to maximize energy production and savings.
Matthews North Carolina Electricity Costs
Residents in Matthews, North Carolina pay about $0.11/kw for electricity, positioning the town in the 39th percentile in the nation and the 12th percentile in North Carolina. In contrast, the national average for residential electricity is $0.13/kw, and North Carolina’s average is $0.12/kw. By transitioning to solar energy, Matthews residents can significantly reduce their electricity bills and contribute to a cleaner, more sustainable environment.
When could you expect to break even on a solar installation in Matthews North Carolina?
Considering the weather and electricity costs in Matthews, 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:
- Matthews receives more precipitation than the national average, but it still has good 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 slightly below the national average, with some 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 may not be as significant as in other locations.
After calculating the numbers, it looks like it would take around 10-12 years to cover the initial cost of the solar panels. This means, after that initial period, the money saved on electricity bills will start adding up. Since solar panels last for a long time, you’ll be enjoying those savings for many years beyond the break-even point. It’s a wise way to save money and contribute to a cleaner environment!
Investing in solar power in Matthews North Carolina
Installing solar panels in Matthews, North Carolina can be a beneficial investment for residents looking to save money on their electricity bills. By analyzing the weather trends specific to Matthews and the average electricity costs in the area, it is clear that transitioning to solar energy can lead to long-term financial savings and contribute to a cleaner, more sustainable environment. With an estimated break-even point of around 10-12 years for a standard solar system, the initial investment can result in significant savings for many years to come. Take advantage of the abundant sunlight in Matthews and consider investing in solar panels to enjoy both financial benefits and environmental advantages!