Overview
Living in Ogden, Arkansas, you may be wondering if investing in solar panels for your home is worth it. With our detailed analysis of weather patterns and electricity costs specific to Ogden, we will show you how installing a solar system can lead to significant financial benefits. By breaking down the costs and estimating the time it will take to break even, you’ll see how harnessing the power of the sun can save you money in the long run.
Ogden Arkansas Weather Trends
Ogden Precipitation
With an annual precipitation of 57.09 inches, Ogden, Arkansas, stands in the 64th percentile nationally and the 63rd percentile within the state. Compared to the national average of 50.61 inches and Arkansas’s average of 54.5 inches, Ogden experiences slightly more rainfall. Embracing solar energy in Ogden can help utilize this natural resource to generate electricity.
Ogden’s UV Rating
Featuring an average UV rating of 5.38, Ogden, Arkansas, ranks in the 87th percentile across the country and within the state. Comparing this to the national average of 4.29 and the state average of 5.13 reveals that Ogden basks in ample sunlight, making it an ideal location for solar panel installations. With an average max UV rating of 5.81, opportunities for harnessing solar energy are abundant.
Ogden’s Cloud Cover
At an average cloud cover of 38%, Ogden, Arkansas, finds itself in the 21st percentile nationally and the 51st percentile within the state. Standing below the national average of 44.46% but close to Arkansas’s average of 38.77%, Ogden enjoys relatively clear skies. Optimal conditions for solar energy production can be expected on the 141 days with minimal cloud cover.
Ogden Arkansas Electricity Costs
Residents of Ogden, Arkansas, benefit from low electricity costs at $0.1/kw, placing the city in the 18th percentile nationally and the 38th percentile within the state. Compared to the national average of $0.13/kw and the state average of $0.11/kw, Ogden offers cost-effective energy rates, making it financially advantageous to invest in solar panels for long-term savings and reduced environmental impact.
When could you expect to break even on a solar installation in Ogden Arkansas?
Considering the weather and electricity costs in Ogden, Arkansas, 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:
- Ogden receives more precipitation than the national average, but it still has enough sunny days for solar panels to be effective.
- The UV ratings in Ogden are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Ogden is lower than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Ogden pay less for electricity compared to the national average, at $0.1/kw.
With this information, let’s break down the costs:
- A standard 10kW solar system 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 Ogden’s low electricity rates, the savings from using solar power are substantial.
Based on the calculations, 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 start to accumulate and pay off the investment. Additionally, since solar panels last for 25-30 years, the savings will continue for many years after the initial investment is recovered. Investing in solar panels in Ogden is a smart way to save money and contribute to a more sustainable future.
Investing in solar power in Ogden Arkansas
Investing in solar panels in Ogden, Arkansas, can be a smart financial decision with the potential for significant long-term savings. By taking advantage of the city’s sunlight abundance and low electricity costs, residents can expect to break even on their investment in solar panels within 4-5 years. Not only will this initial cost be recovered relatively quickly, but the long lifespan of solar panels means that savings on electricity bills will continue for many years to come. Embracing solar energy in Ogden not only benefits homeowners financially but also contributes to a more sustainable future.