Overview
Thinking about investing in solar panels for your home in Monett, Missouri? With the cost of electricity on the rise, it’s important to consider the financial benefits of making the switch to solar energy. By analyzing weather data specific to Monett, along with basic electricity costs, we can estimate how long it will take for a solar system to pay for itself. Keep reading to discover how installing solar panels can save you money in the long run.
Monett Missouri Weather Trends
Monett Precipitation
With Monett receiving 55.31 inches of precipitation in the last year, it falls in the 60th percentile nationwide and the 88th percentile in Missouri. Comparatively, the national average for total precipitation is 50.61 inches, while Missouri’s average is 47.04 inches. By harnessing this rainwater, you can take advantage of the free resource to power your solar panels and further decrease your electricity bill.
Monett’s UV Rating
Monett’s average UV rating of 4.67 places it in the 69th percentile nationally and the 74th percentile within Missouri. The national average UV rating is 4.29, and Missouri’s average is 4.59. Additionally, Monett’s average max UV rating of 5.07 places it in the 58th percentile nationwide and the 63rd percentile in Missouri. With such strong UV exposure, you can maximize the efficiency of your solar panels and generate more electricity for your home.
Monett’s Cloud Cover
Monett’s average cloud cover of 37% positions it in the 17th percentile nationally and the 12th percentile within Missouri. The national average for cloud cover is 44.46%, while Missouri’s average is 39.07%. With 164 days of minimal cloud cover, you can benefit from more sunlight reaching your solar panels. This means increased energy production and greater savings on your electricity bill throughout the year.
Monett Missouri Electricity Costs
Residents of Monett pay around $0.13/kw for electricity, placing it in the 80th percentile nationally and the 99th percentile within Missouri. In comparison, the national average for residential electricity is also $0.13/kw, while Missouri’s average is $0.11/kw. By investing in solar panels, you can take control of your energy costs and reduce your reliance on the grid, ultimately saving money in the long run.
When could you expect to break even on a solar installation in Monett Missouri?
Considering the weather and electricity costs in Monett 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:
- Monett Missouri gets slightly more rain than the national average but still has enough sunny days for solar panels to work effectively.
- The UV ratings in Monett Missouri are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Monett Missouri is lower than the national average, with a mix of clear and cloudy days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Monett Missouri pay the national average for electricity, which is $0.13/kw.
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 and saving money on electricity bills.
- With the average electricity cost in Monett Missouri, the savings over time will help cover the initial investment in the solar panels.
After analyzing the data, it looks like it would take around 8-10 years to cover the initial cost of the solar panels in Monett Missouri. This means that after 8-10 years, the money saved on electricity bills will start to offset the investment. Since solar panels last for 25-30 years, the savings realized after the break-even point will continue to benefit homeowners for many years to come. It’s a wise investment that not only saves money but also contributes to a cleaner environment.
Investing in solar power in Monett Missouri
Installing solar panels in Monett, Missouri can be a smart financial decision in the long run. By taking advantage of the area’s weather trends and high UV ratings, along with the slightly above-average electricity costs, homeowners can expect to break even on their solar panel investment within 8-10 years. With solar panels lasting up to 30 years, the savings on electricity bills will continue well beyond the initial costs, making it a beneficial investment for both your wallet and the environment.