Overview
Discover how installing solar panels on your Monticello, Mississippi home can save you money on electricity bills and help you break even in no time. By analyzing weather data and electricity costs specific to your area, you will see how much you can benefit financially from making the switch to solar energy. Let us show you how you can start saving today!
Monticello Mississippi Weather Trends
Monticello Precipitation
With Monticello, Mississippi receiving 63.87 inches of precipitation in the last year, it is clear that the area gets a good amount of rain. Comparing this to the rest of the country, Monticello falls in the 78th percentile for total precipitation, while in Mississippi, it is in the 74th percentile. The national average for total precipitation is 50.61 inches, showing that Monticello experiences higher rainfall than most areas across the United States.
Monticello’s UV Rating
Monticello, Mississippi boasts an average UV rating of 5.52, indicating a considerable amount of sunlight exposure. When looking at the national and state averages, Monticello ranks in the 89th percentile nationally and the 80th percentile in Mississippi. The national average UV rating stands at 4.29, making Monticello a prime location for solar energy usage due to its high sun exposure.
Monticello’s Cloud Cover
With an average of 42% cloud cover in the last year, Monticello, Mississippi enjoys mostly clear skies conducive to solar panel efficiency. This places Monticello in the 39th percentile nationwide and the 69th percentile in Mississippi. The national average for cloud cover is 44.46%, meaning Monticello has slightly less cloud coverage, ideal for maximizing solar energy production.
Monticello Mississippi Electricity Costs
Monticello residents pay around $0.12/kw for electricity, positioning the area in the middle percentile both nationally and in Mississippi. Comparing this to the national average of $0.13/kw and the state average of $0.11/kw, Monticello falls in a reasonable range. By investing in solar panels, residents can significantly reduce their electricity costs over time, taking advantage of the area’s weather patterns and lower than average electricity rates.
When could you expect to break even on a solar installation in Monticello Mississippi?
Considering the weather and electricity costs in Monticello, Mississippi, 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:
- Monticello gets more rain than the national average, but it still has good UV ratings for solar panel efficiency.
- The UV ratings in Monticello are higher than the national average, which is great for generating solar power.
- Cloud cover in Monticello is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Monticello pay slightly less for electricity compared to the national average, at $0.12/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.
- With Monticello’s electricity rates, the savings may add up over time.
After calculating, it looks like it might take around 5-6 years to cover the initial cost of the solar panels. This means that after this time, the savings on electricity bills will start to accumulate and pay off the investment. Remember, solar panels have a long lifespan, so you’ll be enjoying those savings for many years to come. Investing in solar panels can be a wise financial decision while also contributing to a cleaner environment.
Investing in solar power in Monticello Mississippi
By considering the weather data and electricity costs in Monticello, Mississippi, it is evident that installing solar panels can be a smart financial decision. With the area’s high sun exposure, lower than average electricity rates, and efficient weather conditions for solar panel productivity, residents can expect to break even on their investment in about 5-6 years. Not only will this result in significant savings on electricity bills, but it will also contribute to a cleaner environment for years to come. Making the switch to solar energy in Monticello is a win-win situation financially and environmentally.