Overview
If you live in Orrum, North Carolina, you may want to consider installing solar panels on your home. By taking advantage of the plentiful sunshine in your area, you can potentially save money on your electricity bills in the long run. In this article, we will break down the costs of a solar system and estimate how long it will take for you to break even on your investment. With the financial benefits of solar power in mind, let’s explore how going solar can benefit you in Orrum.
Orrum North Carolina Weather Trends
Orrum Precipitation
With 72.79 inches of precipitation in the last year, Orrum, North Carolina is in the 92nd percentile in the nation and the 84th percentile in the state. Compared to the national average of 50.61 inches and North Carolina’s average of 65.54 inches, Orrum receives ample rainfall which can help keep solar panels clean and operating efficiently.
Orrum’s UV Rating
With an average UV rating of 5.05, Orrum, North Carolina ranks in the 79th percentile nationally and the 89th percentile within the state. This means that the area receives a good amount of sunlight, making it ideal for solar panel installation. The average max UV rating of 5.43 further solidifies Orrum as a great location for harnessing solar energy.
Orrum’s Cloud Cover
Orrum, North Carolina experienced an average of 41% cloud cover in the last year, putting it in the 30th percentile nationwide and the 27th percentile in the state. With a lower cloud cover compared to the national average of 44.46% and North Carolina’s average of 42.57%, Orrum offers clear skies that are perfect for maximizing solar energy production.
Orrum North Carolina Electricity Costs
Residents of Orrum, North Carolina pay about $0.12 per kilowatt-hour for electricity, placing them in the 58th percentile nationally and the 60th percentile within the state. With the national average being $0.13/kw and North Carolina’s average at $0.12/kw, Orrum residents already have competitive electricity rates. By harnessing solar energy, you can reduce your electricity bills even further, making it a financially savvy decision.
When could you expect to break even on a solar installation in Orrum North Carolina?
Considering the weather and electricity costs in Orrum 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:
- Orrum North Carolina receives more rainfall than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Orrum North Carolina are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Orrum North Carolina is slightly lower than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Orrum North Carolina 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:
- Solar panels generate electricity, reducing the need to purchase electricity from the grid.
- Due to the lower electricity costs in Orrum North Carolina, the savings are slightly lower compared to other areas.
After calculation, it appears that it will take approximately 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the savings on electricity bills will start to accumulate and compensate for the investment. Considering that solar panels can last for 25-30 years, this is a smart investment for long-term savings and environmental conservation.
Investing in solar power in Orrum North Carolina
With the potential for significant savings on electricity bills and favorable weather conditions, installing solar panels in Orrum, North Carolina is a wise financial decision. Given the lower cloud cover and higher UV ratings in the area, along with the already competitive electricity rates, residents can break even on their solar panel investment in approximately 7-8 years. This long-term investment not only saves money but also contributes to environmental conservation, making solar energy a beneficial choice for Orrum homeowners.