Overview
Are you a resident of New Smyrna Beach, Florida looking to save money on your electricity bills? Installing solar panels on your home can help you do just that! In this article, we will break down the financial benefits of switching to solar energy in New Smyrna Beach. By analyzing weather data and electricity costs specific to the area, we will demonstrate how investing in a solar system can lead to significant long-term savings. Let’s explore how going solar can be a smart financial decision for New Smyrna Beach homeowners.
New Smyrna Beach Florida Weather Trends
New Smyrna Beach Precipitation
In the last year, New Smyrna Beach, Florida received 79.24 inches of precipitation, placing it in the 97th percentile in the nation and the 82nd percentile in Florida. Comparatively, the national average for total precipitation is 50.61 inches, while Florida’s average is 65.98 inches. With such high levels of precipitation, New Smyrna Beach is an ideal location for harnessing solar energy to power homes.
New Smyrna Beach’s UV Rating
Over the last year, New Smyrna Beach, Florida had an average UV rating of 5.88, ranking it in the 95th percentile in the nation and the 30th percentile in Florida. In comparison, the national average for average UV rating is 4.29, and Florida’s average is 5.96. Additionally, New Smyrna Beach had an average max UV rating of 5.99, placing it in the 77th percentile nationwide and the 24th percentile in Florida. These high UV ratings make New Smyrna Beach an excellent location for solar panel installation.
New Smyrna Beach’s Cloud Cover
New Smyrna Beach, Florida had an average of 46% cloud cover in the last year, ranking it in the 58th percentile nationwide and the 82nd percentile in Florida. Compared to the national average of 44.46% and Florida’s average of 43.5%, New Smyrna Beach has favorable conditions for solar energy production. With a significant number of days with low cloud cover, residents can benefit from consistent solar power generation throughout the year.
New Smyrna Beach Florida Electricity Costs
Residents of New Smyrna Beach, Florida pay approximately $0.1/kw for electricity, positioning the city in the 10th percentile in the nation and the 3rd percentile in Florida. When compared to the national average of $0.13/kw and Florida’s average of $0.12/kw, it is evident that New Smyrna Beach offers lower electricity costs. By investing in solar panels, homeowners can further reduce their electricity bills and enjoy long-term savings while promoting a more sustainable environment.
When could you expect to break even on a solar installation in New Smyrna Beach Florida?
Considering the weather and electricity costs in New Smyrna Beach, Florida, 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:
- New Smyrna Beach gets more rainfall than the national average, but it still has plenty of sunshine for solar panels to work effectively.
- The UV ratings are higher than the national average, making it a good location for generating solar power.
- Cloud cover is around the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in New Smyrna Beach 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 there’s less need to buy electricity from the grid.
- With New Smyrna Beach’s lower electricity rates, the savings might accrue a bit slower compared to other locations.
After analyzing the data, it looks like it may take around 8-10 years to recover the initial cost of the solar panels. During this time, the money saved on electricity bills will gradually accumulate and eventually offset the investment. Keep in mind that solar panels have a long lifespan, so you’ll continue to enjoy these savings for many years beyond the break-even point. Choosing solar power is a wise investment that not only helps save money but also benefits the environment in the long run.
Investing in solar power in New Smyrna Beach Florida
Considering the weather data and electricity costs in New Smyrna Beach, Florida, it is clear that investing in solar panels can lead to significant financial benefits for homeowners in the area. With the high levels of precipitation, favorable UV ratings, and low cloud cover, New Smyrna Beach provides an ideal environment for harnessing solar energy. Additionally, the city’s lower electricity costs compared to the national average make switching to solar power an even more attractive option. By breaking down the costs and analyzing the potential savings, it is estimated that homeowners can expect to break even on their solar panel investment in approximately 8-10 years. This long-term investment not only leads to reduced electricity bills but also contributes to a more sustainable environment. Therefore, choosing to go solar in New Smyrna Beach, Florida can be a smart financial decision with lasting benefits.