Overview
In O Fallon Missouri, installing solar panels on your home can lead to significant financial savings over time. By analyzing weather data and electricity costs specific to the area, we can see how a solar system can generate electricity efficiently and help you break even on your investment within a reasonable time frame. With lower electricity bills and the potential to earn credits from excess energy production, switching to solar power is a smart financial decision for residents of O Fallon Missouri.
O Fallon Missouri Weather Trends
O Fallon Precipitation
In the last year, O Fallon Missouri received 46.02 inches of precipitation, which is slightly below the national average of 50.61 inches. Compared to the rest of Missouri, O Fallon is right around the average for total precipitation at 47.04 inches. With a moderate amount of rainfall, O Fallon’s climate provides a good environment for solar panel efficiency.
O Fallon’s UV Rating
O Fallon Missouri had an average UV rating of 4.56 in the last year, higher than both the national average of 4.29 and just slightly below Missouri’s average of 4.59. With an average max UV rating of 4.98, O Fallon enjoys sunny days which are perfect for generating solar energy. The higher UV rating means more sunlight exposure for your solar panels.
O Fallon’s Cloud Cover
In the last year, O Fallon Missouri had an average of 38% cloud cover, which is lower than both the national average of 44.46% and Missouri’s average of 39.07%. With a significant number of clear days throughout the year, O Fallon offers optimal conditions for solar panel performance. More sunshine means more power generated by your solar system.
O Fallon Missouri Electricity Costs
O Fallon Missouri residents pay about $0.1/kw for electricity, which is lower than the national average of $0.13/kw and Missouri’s average of $0.11/kw. By switching to solar power, O Fallon residents can reduce their dependency on traditional electricity providers and save money on their monthly utility bills. Investing in solar panels can lead to significant long-term financial savings.
When could you expect to break even on a solar installation in O Fallon Missouri?
Considering the weather and electricity costs in O Fallon Missouri, 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:
- O Fallon Missouri receives slightly less precipitation than the national average, but still has enough sunlight for solar panels to be effective.
- The UV ratings in O Fallon Missouri are higher than the national average, making it a good location for solar power generation.
- Cloud cover in O Fallon Missouri is lower than the national average, providing more sunny days for solar panels to work efficiently.
Now, let’s consider the electricity costs in O Fallon Missouri:
- Residents in O Fallon Missouri pay slightly less for electricity compared to the national average, which can impact 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 solar system generates electricity, reducing the amount needed from the grid and resulting in savings on electricity bills.
- With the slightly lower electricity costs in O Fallon Missouri, the savings may be slightly lower compared to other locations.
After analyzing the data, it is estimated that it would take around 7 years to cover the initial cost of the solar panels in O Fallon Missouri. This means that after 7 years, the money saved on electricity bills will begin to surpass the initial investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years beyond the break-even point. Investing in solar panels not only saves money but also contributes to a cleaner environment.
Investing in solar power in O Fallon Missouri
Switching to solar power in O Fallon Missouri is a wise financial decision. With favorable weather conditions for solar panel efficiency and lower electricity costs compared to the national average, residents can expect to break even on their investment in solar panels within approximately 7 years. The long lifespan of solar systems means that savings will continue long after the initial cost is covered. By making the switch to solar power, residents not only save money but also contribute to a cleaner environment for future generations.