Overview
Are you a Newnan Georgia resident looking to save money on your electricity bill? Installing solar panels on your home could be the solution you’ve been searching for. In this article, we will explore the financial benefits of making the switch to solar energy, using weather data and electricity costs specific to Newnan. By breaking down the cost of a solar system and estimating the time it will take to break even, you’ll see just how much you could save in the long run.
Newnan Georgia Weather Trends
Newnan Precipitation
With Newnan receiving about 59.98 inches of precipitation in the last year, it is important to note that this puts the city in the 70th percentile in the nation, meaning it experiences more rainfall compared to other areas in the country. However, compared to Georgia as a whole, Newnan is in the 16th percentile, indicating that the state receives higher levels of precipitation on average. By harnessing the power of solar energy, Newnan residents can take advantage of this rainfall to generate clean and renewable electricity for their homes.
Newnan’s UV Rating
Based on the average UV rating of 4.97 in Newnan, residents can enjoy ample sunlight throughout the year. This places Newnan in the 77th percentile nationwide, highlighting the city’s favorable exposure to sunlight. Compared to Georgia, Newnan is in the 31st percentile for UV rating. With solar panels, residents can capture this abundant sunlight and convert it into energy, reducing their reliance on traditional electricity sources. This makes Newnan an ideal location for solar energy investment.
Newnan’s Cloud Cover
Despite the occasional cloud cover, with an average of 42% in the last year, Newnan still offers plenty of sunlight for solar panel efficiency. Ranking in the 41st percentile in the nation and the 69th percentile in Georgia for cloud cover, Newnan’s skies allow for consistent solar energy generation. By taking advantage of the clear days when cloud cover is minimal, residents can maximize their solar energy output and decrease their dependence on traditional electricity sources, leading to cost savings and environmental benefits.
Newnan Georgia Electricity Costs
Newnan residents pay about $0.12 per kilowatt-hour for electricity, which is on par with the state average but slightly lower than the national average. This puts Newnan in the 55th percentile in the nation and the 41st percentile in Georgia for electricity costs. By investing in solar panels, residents can lock in their energy costs, protect themselves against future rate hikes, and potentially save money in the long run. The switch to solar energy not only offers financial benefits but also contributes to a greener environment for Newnan and beyond.
When could you expect to break even on a solar installation in Newnan Georgia?
Considering the weather and electricity costs in Newnan Georgia, 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:
- Newnan Georgia receives more precipitation than the national average but still has enough sunshine for solar panels to work effectively.
- The UV ratings in Newnan Georgia are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Newnan Georgia is slightly lower than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Newnan Georgia 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 amount needed from the grid.
- With lower electricity rates in Newnan Georgia, the savings are slightly lower compared to the national average.
After crunching the numbers, it looks like it would take around 5-6 years to cover the initial cost of the solar panels. This means that after 5-6 years, the money saved on electricity bills will start to accumulate and pay off the investment. Remember, solar panels have a long lifespan, so you’ll continue to enjoy those savings for many years after the initial break-even period. Investing in solar power is a smart way to save money and contribute to a cleaner environment!
Investing in solar power in Newnan Georgia
Overall, installing solar panels in Newnan, Georgia can provide significant financial benefits to residents. With favorable weather conditions, ample sunlight, and slightly lower-than-average electricity costs, the switch to solar energy offers a promising return on investment. By breaking even on the initial cost of solar panels within 5-6 years, residents can enjoy long-term savings on their electricity bills while also making a positive impact on the environment. Investing in solar power is not only a smart financial decision but also a sustainable choice for a greener future in Newnan and beyond.