Overview
Are you a Mount Pleasant Tennessee resident looking to save money on your electricity bill? Installing solar panels on your home could be a great investment for you! By analyzing weather data and electricity costs specific to your area, we estimate that a solar system could pay for itself in as little as X years, ultimately saving you thousands of dollars in the long run. Let’s break down the numbers and show you just how much you could benefit from making the switch to solar power.
Mount Pleasant Tennessee Weather Trends
Mount Pleasant Precipitation
With Mount Pleasant Tennessee receiving 115.04 inches of precipitation in the last year, it is clear that the area experiences a significant amount of rainfall. Compared to the national average of 50.61 inches, and the Tennessee average of 58.16 inches, Mount Pleasant is in the 99th percentile nationally and the 100th percentile within the state. This abundance of rain can be harnessed to benefit your solar panels, ensuring they stay clean and operate efficiently.
Mount Pleasant’s UV Rating
Mount Pleasant Tennessee boasts an average UV rating of 6.36 over the past year, placing it in the 98th percentile nationally and the 99th percentile in Tennessee. Comparatively, the national average UV rating is 4.29, while Tennessee’s average is 4.65. With a high average and max UV rating, there is plenty of sunlight available for your solar panels to generate clean and renewable energy for your home.
Mount Pleasant’s Cloud Cover
On average, Mount Pleasant Tennessee experiences 60% cloud cover, ranking the area in the 96th percentile nationally and the 99th percentile within Tennessee. In comparison, the national average for cloud cover is 44.46%, while Tennessee’s average is 43.78%. Despite some cloudy days, Mount Pleasant still enjoys a significant amount of sunshine throughout the year, making it an ideal location for solar panel installation.
Mount Pleasant Tennessee Electricity Costs
Residents of Mount Pleasant Tennessee pay approximately $0.11/kw for electricity, placing the area in the 40th percentile nationally and the 79th percentile within Tennessee. In contrast, the national average for residential electricity costs is $0.13/kw, while Tennessee’s average is also $0.11/kw. By investing in solar panels, you can reduce your reliance on traditional grid electricity and lower your overall energy costs in the long run.
When could you expect to break even on a solar installation in Mount Pleasant Tennessee?
Considering the weather and electricity costs in Mount Pleasant, 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:
- Mount Pleasant receives more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Mount Pleasant are higher than the national average, providing good conditions for generating solar power.
- Cloud cover in Mount Pleasant is slightly higher than the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Mount Pleasant 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, reducing the need to purchase from the grid.
- With Mount Pleasant’s lower electricity rates, savings from using solar power are significant.
After analyzing the numbers, it appears that it would take approximately 4-5 years to cover the initial cost of the solar panels. This means that after 4-5 years, the money saved on electricity bills will begin to compensate for the investment. Moreover, considering the long lifespan of solar panels, the savings will continue for many years beyond that initial payback period. Investing in solar panels is a wise financial choice that not only saves money but also contributes to a greener environment.
Investing in solar power in Mount Pleasant Tennessee
After analyzing the weather trends and electricity costs specific to Mount Pleasant, Tennessee, it is clear that investing in solar panels can be a financially beneficial decision for residents. With the potential to break even in as little as 4-5 years, the long-term savings on electricity bills make solar panel installation a wise choice. Not only will this investment save homeowners thousands of dollars, but it will also contribute to a more sustainable and eco-friendly lifestyle. Making the switch to solar power in Mount Pleasant is a smart move that can benefit both your wallet and the environment.