Overview
This article will show you how installing solar panels on your home in Palestine, Arkansas can save you money on your electricity bill. By analyzing 365 days of weather data specific to Palestine, including inches of precipitation, UV ratings, and cloud cover, we will demonstrate how efficient solar panels can be in this location. We will break down the cost of a solar system and estimate how long it will take for you to break even on your investment, so you can see the financial benefits of going solar.
Palestine Arkansas Weather Trends
Palestine Precipitation
With only 8.67 inches of precipitation in the last year, Palestine, Arkansas is in the 1st percentile nationally and also within Arkansas. This means that the sun shines bright most days, perfect for generating solar energy. In comparison, the national average for total precipitation is 50.61 inches, much higher than what Palestine receives annually.
Palestine’s UV Rating
With an average UV rating of 5.68, Palestine, Arkansas is in the 91st percentile nationally and the 93rd percentile within the state. The high UV rating in Palestine makes it an ideal location for harnessing solar energy. Compared to the national average of 4.29 and the Arkansas average of 5.13, Palestine’s UV rating offers great potential for efficient solar panel performance.
Palestine’s Cloud Cover
With an average of 20% cloud cover in the last year, Palestine, Arkansas is in the 2nd percentile nationally and the 1st percentile within the state. This means that most days are clear and sunny, providing a conducive environment for solar panel efficiency. In contrast, the national average for cloud cover is 44.46%, significantly higher than what Palestine experiences.
Palestine Arkansas Electricity Costs
Residents of Palestine, Arkansas pay about $0.11/kw for electricity, placing them in the 24th percentile nationally and the 62nd percentile within the state. With the lower cost of electricity in Palestine compared to the national average of $0.13/kw, investing in solar panels can help residents save even more money in the long run while reducing their carbon footprint.
When could you expect to break even on a solar installation in Palestine Arkansas?
Considering the weather and electricity costs in Palestine, 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:
- Palestine, Arkansas receives less precipitation than the national average, making it a good location for solar power.
- The UV ratings in Palestine, Arkansas are higher than the national average, which is great for generating solar energy.
- Cloud cover in Palestine, Arkansas is lower than the national average, with most days having between 0-25% cloud cover. This is ideal for solar panels.
Now, let’s consider the electricity costs:
- Residents in Palestine, Arkansas pay slightly less for electricity compared to the national average, at $0.11/kw.
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:
- By generating electricity from solar panels, residents can reduce their reliance on the grid and save money on electricity bills.
- With lower electricity costs in Palestine, Arkansas, the savings from using solar power are significant.
After analyzing the data, it is estimated that it would take approximately 8-10 years to cover the initial cost of the solar panels in Palestine, Arkansas. This means that after 8-10 years, the money saved on electricity bills will surpass the investment cost. Considering the long lifespan of solar panels, this investment is financially beneficial in the long run, while also contributing to environmental conservation.
Investing in solar power in Palestine Arkansas
Installing solar panels on your home in Palestine, Arkansas can be a smart financial decision. With the optimal weather conditions in Palestine providing ample sunlight for solar energy generation, coupled with lower electricity costs in the area, investing in solar panels can lead to significant savings over time. By breaking down the costs and analyzing the data, it is clear that residents can expect to break even on their investment within 8-10 years, ultimately saving money and reducing their carbon footprint. Going solar in Palestine is not just beneficial for your wallet, but also for the environment.