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Solar and Electricity Data for Norwood, NC: Does a Solar Installation Make Sense?

Norwood, NC at a glance

Overall Cloud Coverage Precipitation UV Index Electricity Cost
5.1/10 6.7/10 6.1/10 7.9/10 5/10
Pretty Good 41% daily 4 inches monthly 5.1 on average 0.12/kw

Overview

This article will show you how installing solar panels on your home in Norwood North Carolina can save you money on your electricity bills. By analyzing weather data over the course of a year, we will demonstrate how the abundance of sunlight in Norwood makes it an ideal location for solar energy. We will break down the cost of installing a solar system and estimate how long it will take for you to start seeing savings on your energy expenses. Read on to learn how making the switch to solar power could benefit your wallet in the long run.

Norwood North Carolina Weather Trends

Norwood Precipitation

In the last year, Norwood North Carolina received 45.58 inches of precipitation, ranking it in the 39th percentile in the nation and the 2nd percentile in North Carolina. Compared to the national average of 50.61 inches and North Carolina’s average of 65.54 inches, Norwood experiences slightly less rainfall. This means that with the abundance of sunlight and lower precipitation levels, solar panels in Norwood can thrive and generate significant energy savings.

Norwood’s UV Rating

Over the past year, Norwood North Carolina had an average UV rating of 5.05, placing it in the 79th percentile in the nation and the 89th percentile in North Carolina. This high UV rating means that Norwood receives ample sunlight, making it an ideal location for solar energy generation. With an average max UV rating of 5.41, Norwood has better solar potential compared to the national average of 4.29 and North Carolina’s average of 4.72, providing even more opportunities for saving on energy costs.

Norwood’s Cloud Cover

On average, Norwood North Carolina had 41% cloud cover in the last year, ranking it in the 33rd percentile in the nation and the 43rd percentile in North Carolina. With lower cloud cover compared to the national average of 44.46% and North Carolina’s average of 42.57%, Norwood experiences clearer skies more often. This means solar panels in Norwood will have more uninterrupted access to sunlight, allowing for maximum energy production and savings on electricity bills.

Norwood North Carolina Electricity Costs

Residents of Norwood North Carolina pay about $0.12/kw for electricity, placing them in the 50th percentile in the nation and the 41st percentile in North Carolina. With residential electricity costs below both the national average of $0.13/kw and North Carolina’s average of $0.12/kw, installing solar panels in Norwood can lead to significant long-term savings on energy expenses. By harnessing the abundant sunlight and favorable electricity rates, switching to solar power can be a cost-effective and environmentally-friendly choice for Norwood residents.

When could you expect to break even on a solar installation in Norwood North Carolina?

Considering the weather and electricity costs in Norwood, North Carolina, 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:

  • Norwood gets slightly less precipitation than the national average, with a good amount of sunshine for solar panels to be effective.
  • The UV ratings in Norwood are higher than the national average, making it a good location for generating solar power.
  • Cloud cover in Norwood is below the national average, with a mixture of clear and cloudy days throughout the year.

Now, let’s consider the electricity costs:

  • Residents in Norwood 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 you need to buy from the grid.
  • With Norwood’s lower electricity rates, the savings might take a bit longer to cover the initial cost.

After analyzing the data and costs, it looks like it would take around 6-7 years to cover the initial investment of the solar panels in Norwood, North Carolina. This means that after that period, the savings on electricity bills will start adding up and make the investment worthwhile. Remember, solar panels have a long lifespan, so the savings will continue for many years. It’s a smart way to save money and contribute to a cleaner environment!

Investing in solar power in Norwood North Carolina

Installing solar panels in Norwood, North Carolina can be a smart investment. With abundant sunlight, lower precipitation levels, and favorable electricity costs, residents have the opportunity to save money on their energy bills in the long run. Considering the weather trends and electricity rates, it is estimated that it would take around 6-7 years to break even on the initial cost of a solar installation. With the system expected to last between 25 and 30 years, the savings will continue for many years, making solar power a cost-effective and environmentally-friendly choice for Norwood residents.