Overview
In Mount Pleasant, Arkansas, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs specific to the area, it is clear that residents can save money in the long run by harnessing the power of the sun. In this article, we will break down the cost of a solar system, estimate how long it will take to break even, and demonstrate why making the switch to solar is a smart investment for Mount Pleasant homeowners.
Mount Pleasant Arkansas Weather Trends
Mount Pleasant Precipitation
With Mount Pleasant, Arkansas receiving 115.04 inches of precipitation in the last year, well above the national and state averages, there is plenty of opportunity to harness the power of the sun for energy. By taking advantage of the abundant rainfall, residents can benefit from a sustainable and cost-effective energy source.
Mount Pleasant’s UV Rating
Mount Pleasant’s high average UV rating of 6.36 in the last year indicates ample sunlight for solar energy production, ranking the city in the top percentiles nationally and within Arkansas. With such favorable conditions, homeowners in Mount Pleasant can see significant savings on their electricity bills by switching to solar power.
Mount Pleasant’s Cloud Cover
Despite experiencing an average cloud cover of 60%, Mount Pleasant still ranks in the 96th percentile nationally and the 99th percentile within Arkansas. This means that even on cloudy days, there is enough sunlight filtering through to generate solar power. With such favorable conditions, going solar in Mount Pleasant can be a reliable and efficient investment for homeowners.
Mount Pleasant Arkansas Electricity Costs
Residents of Mount Pleasant, Arkansas pay $0.11/kw for electricity, which is below the national average and on par with the state average. By installing solar panels on their homes, residents can lock in lower energy costs and protect themselves from future electricity price hikes. Making the switch to solar power in Mount Pleasant is not only environmentally friendly but also financially beneficial in the long run.
When could you expect to break even on a solar installation in Mount Pleasant Arkansas?
Considering the weather and electricity costs in Mount Pleasant, Arkansas, 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:
- Mount Pleasant receives more precipitation than the national average, which can help keep solar panels clean but might affect sunlight exposure.
- The UV ratings in Mount Pleasant are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Mount Pleasant is higher than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Mount Pleasant pay slightly less for electricity compared to the national average, which can affect the savings from using solar power.
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 purchased from the grid.
- Considering the lower electricity rates in Mount Pleasant, the savings might take longer compared to areas with higher rates.
After analyzing the data, it appears that it would take approximately 7-9 years to cover the initial cost of the solar panels in Mount Pleasant. This means that after this period, the savings on electricity bills will start accumulating and eventually pay off the investment. Moreover, since solar panels have a long lifespan, you can enjoy these savings for many years beyond the break-even point. Investing in solar power is not only a smart financial decision but also a sustainable choice for the environment.
Investing in solar power in Mount Pleasant Arkansas
Switching to solar power in Mount Pleasant, Arkansas can be a wise investment for homeowners. With abundant precipitation, high UV ratings, and favorable cloud cover, residents can benefit from significant savings on their electricity bills. By analyzing the cost of a solar system and estimating the break-even point, it is evident that investing in solar panels can lead to long-term financial benefits. Not only does solar power reduce energy costs, but it also provides a sustainable and environmentally friendly alternative to traditional electricity sources. Making the switch to solar in Mount Pleasant is a smart decision that can result in savings for years to come.