Overview
Are you a Montealge Tennessee resident looking to save money on your electricity bills while helping the environment? Installing solar panels on your home could be a great investment! By analyzing weather data specific to Monteagle, Tennessee and breaking down the cost of a solar system, we can show you how much money you could save in the long run. With plenty of sunshine and low average cloud cover, solar panels in Monteagle are a smart financial choice that can pay for themselves in a reasonable amount of time.
Monteagle Tennessee Weather Trends
Monteagle Precipitation
With Monteagle receiving 68.2 inches of precipitation in the last year, it’s important to note that this puts the area above the national average of 50.61 inches. Compared to the rest of Tennessee, Monteagle also sees more precipitation, as Tennessee’s average is 58.16 inches. This means that Monteagle has the advantage of ample rainfall, making it a great location for solar panel installation.
Monteagle’s UV Rating
Monteagle’s average UV rating of 4.32 in the last year is slightly higher than the national average of 4.29 but lower than Tennessee’s average of 4.65. The max UV rating of 4.58 in Monteagle is also above the national average of 4.61 but below Tennessee’s average of 4.99. This indicates that Monteagle receives sufficient sun exposure, making it an ideal place for solar panel utilization to maximize energy generation.
Monteagle’s Cloud Cover
With an average of 46% cloud cover, Monteagle experiences slightly more cloudiness than the national average of 44.46%. However, compared to Tennessee’s average of 43.78%, Monteagle has more clear days. With 111 days of minimal cloud cover, 97 days of moderate cloud cover, 84 days of significant cloud cover, and 72 days of heavy cloud cover, Monteagle offers a good balance for solar panel performance throughout the year.
Monteagle Tennessee Electricity Costs
Residential electricity costs in Monteagle are relatively low at $0.11/kw, which is on par with the Tennessee average. Compared to the national average of $0.13/kw, Monteagle residents enjoy more affordable electricity rates. By installing solar panels, residents can further reduce their electricity bills and take advantage of the favorable pricing compared to the rest of the country.
When could you expect to break even on a solar installation in Monteagle Tennessee?
Considering the weather and electricity costs in Monteagle, Tennessee, 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:
- Monteagle gets more rain than the national average, but it still has enough sunlight for solar panels to work effectively.
- The UV ratings in Monteagle are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Monteagle is about average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Monteagle 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 Monteagle’s slightly lower electricity rates, the savings are still significant.
After crunching the numbers, it looks like it would take around 6 years to cover the initial cost of the solar panels. That means, after 6 years, the money you save on electricity bills will start to add up and pay off the investment. And don’t forget, solar panels last for a long time, so after that initial period, you’ll continue to enjoy those savings for many years to come. It’s a wise investment for your wallet and the environment!
Investing in solar power in Monteagle Tennessee
Installing solar panels in Monteagle, Tennessee can be a wise investment for residents looking to save money on electricity bills. With a good amount of rainfall but plenty of sunshine, along with affordable electricity rates, residents can expect to break even on their solar panel investment in around 6 years. From that point on, the savings will continue to add up, making solar panels a smart financial choice for the long term. Take advantage of Monteagle’s weather conditions and lower electricity costs to not only benefit your wallet but also the environment!