Overview
In Mooresville, Alabama, installing solar panels on your home can lead to significant financial savings in the long run. By analyzing weather data specific to the area, we have determined that the amount of sunlight received throughout the year is optimal for generating solar energy. Taking into consideration the average electricity cost in Mooresville, as well as the upfront cost of a solar system, we break down how long it will take for you to start seeing a return on your investment. Investing in solar power is not only environmentally friendly, but can also help you save money on your energy bills over time.
Mooresville Alabama Weather Trends
Mooresville Precipitation
With Mooresville receiving 60.06 inches of precipitation last year, it is evident that the area is well-suited for generating solar energy. Compared to the national average of 50.61 inches, Mooresville ranks in the 70th percentile, outperforming the majority of the country. Although Alabama’s average total precipitation is slightly higher at 66.86 inches, Mooresville still offers favorable conditions for solar panel efficiency.
Mooresville’s UV Rating
Mooresville’s average UV rating of 4.84 places it in the 74th percentile nationally, making it an ideal location for harnessing solar power. Even though Alabama’s average UV rating is 5.16, Mooresville excels in comparison to the state average, providing ample sunlight for solar panel productivity. With an average max UV rating of 5.21, Mooresville surpasses both national and state averages, ensuring optimal conditions for solar energy generation.
Mooresville’s Cloud Cover
With an average of 43% cloud cover last year, Mooresville is positioned well for consistent solar energy production. While the national average for cloud cover is slightly higher at 44.46%, Mooresville’s percentage falls below Alabama’s average of 43.57%. Additionally, the distribution of cloud cover throughout the year in Mooresville allows for a significant number of days with favorable conditions, further enhancing the efficiency of solar panels in the area.
Mooresville Alabama Electricity Costs
Mooresville residents pay approximately $0.1/kw for electricity, placing them in the 8th percentile nationally and the 1st percentile in Alabama. With the national average for residential electricity at $0.13/kw, Mooresville offers cost-effective energy rates that can be further reduced with the installation of solar panels. By taking advantage of the lower electricity costs in Mooresville, homeowners can enjoy significant financial savings in the long term.
When could you expect to break even on a solar installation in Mooresville Alabama?
Considering the weather and electricity costs in Mooresville, Alabama, 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:
- Mooresville gets more precipitation than the national average, but it still receives enough sunlight for solar panels to function effectively.
- The UV ratings in Mooresville are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Mooresville is slightly below the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Mooresville pay slightly less for electricity compared to the national average, at $0.1/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 lower electricity rates in Mooresville, the savings may not be as significant compared to other areas.
After analyzing the data, it appears that it could take around 7-9 years to cover the initial cost of the solar panels. This means that after 7-9 years, the savings on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels last for a long time, you’ll continue to enjoy these savings for many years beyond the initial payback period. Investing in solar panels not only helps you save money in the long run but also contributes to a more sustainable future for our planet.
Investing in solar power in Mooresville Alabama
Installing solar panels in Mooresville, Alabama can be a smart investment for homeowners looking to save money on their energy bills. With optimal weather conditions and lower electricity costs in the area, the return on investment for solar power is promising. By taking advantage of the abundant sunlight, residents can expect to break even on their solar installation within 7-9 years, enjoying long-term financial savings while also contributing to a greener future. Overall, investing in solar energy in Mooresville is not only cost-effective but also environmentally friendly.