Overview
Are you a Parsons Tennessee resident looking to save money on your electricity bills? Installing solar panels on your home could be the perfect solution! In this article, we will break down the financial benefits of going solar in Parsons based on weather data and electricity costs specific to the area. By analyzing the cost of a solar system and estimating the time it will take to break even, you’ll see just how much money you could save in the long run.
Parsons Tennessee Weather Trends
Parsons Precipitation
With 55.82 inches of precipitation in the last year, Parsons Tennessee is in a good position when compared to the rest of the country and the state. The town falls in the 61st percentile nationally and the 38th percentile within Tennessee, with both averages being higher. This means that Parsons receives a decent amount of precipitation, making it a suitable location for installing solar panels.
Parsons’s UV Rating
Parsons Tennessee had an average UV rating of 4.79 in the last year, placing it in the 73rd percentile in the nation and the 74th percentile in Tennessee. The town also had an average max UV rating of 5.19, ranking it in the 60th percentile nationally and the 73rd percentile within the state. These numbers show that Parsons experiences significant sun exposure, making it an ideal location for harnessing solar energy.
Parsons’s Cloud Cover
With an average of 41% cloud cover in the last year, Parsons Tennessee is in a favorable position compared to the national and state averages. The town ranks in the 35th percentile nationally and the 21st percentile within Tennessee. Additionally, Parsons experienced a variety of cloud cover throughout the year, with a significant number of days having minimal cloud cover. This variability in cloud cover can benefit solar panel efficiency.
Parsons Tennessee Electricity Costs
Residents of Parsons Tennessee pay about $0.11/kw for electricity, placing the town in the 21st percentile nationally and the 19th percentile within Tennessee. Both the national and state averages are slightly higher at $0.13/kw. By having lower electricity costs, residents of Parsons can save even more money by switching to solar energy, as they have a greater financial incentive to invest in renewable energy sources.
When could you expect to break even on a solar installation in Parsons Tennessee?
Considering the weather and electricity costs in Parsons, Tennessee, 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:
- Parsons receives slightly more precipitation than the national average, but it has enough sunlight for effective solar panel operation.
- The UV ratings in Parsons are higher than the national average, which is great for generating solar power.
- The cloud cover in Parsons is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Parsons 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:
- The system generates electricity, reducing the need to purchase as much from the grid.
- With lower electricity rates in Parsons, the savings are still significant.
After crunching the numbers, it looks like it would take around 5-7 years to cover the initial cost of the solar panels. This means that after 5-7 years, the money saved on electricity bills will start to accumulate and pay off the investment. Moreover, solar panels last for a long time, so after the initial payoff period, you’ll continue to reap those savings for many more years. Investing in solar power is a smart way to save money and contribute to a greener future!
Investing in solar power in Parsons Tennessee
After analyzing the weather trends and electricity costs in Parsons, Tennessee, it is clear that installing solar panels can be a financially beneficial decision for residents. With ample sunlight exposure, lower-than-average electricity costs, and the potential to break even on the initial investment in 5-7 years, going solar in Parsons is a smart move. Not only will you save money on your electricity bills, but you’ll also be contributing to a greener future for your community and the planet. Make the switch to solar power today and start enjoying the long-term financial and environmental benefits!