Overview
If you are a resident of Pettigrew, Arkansas, you may be surprised to learn about the significant financial benefits of installing solar panels on your home. By analyzing weather data specific to our area, we can see that Pettigrew receives a favorable amount of sunlight throughout the year, making it an ideal location for harnessing solar energy. With rising electricity costs and a decrease in the price of solar technology, investing in a solar system can lead to substantial savings on your utility bills over time. In this article, we will break down the costs of a solar system, estimate the time it will take to break even, and explain how this renewable energy source can benefit both your wallet and the environment.
Pettigrew Arkansas Weather Trends
Pettigrew Precipitation
With Pettigrew, Arkansas receiving 58.49 inches of precipitation in the last year, it is clear that our area sees a decent amount of rainfall. This places Pettigrew in the 67th percentile in the nation and the 71st percentile in Arkansas, showing that we have a slightly higher precipitation level than the national and state averages. Despite this, solar panels can still be effective in Pettigrew, as the energy generated is not solely reliant on sunlight and can still produce electricity even on cloudy days.
Pettigrew’s UV Rating
With an average UV rating of 4.73, Pettigrew, Arkansas ranks in the 71st percentile nationally and the 7th percentile within the state. Although we may not have the highest UV ratings compared to other areas, the fact that we see sunlight throughout the year means that solar panels in Pettigrew can still be highly efficient in generating electricity. Investing in solar technology can provide substantial savings on your monthly utility bills, especially considering the downward trend in solar panel costs.
Pettigrew’s Cloud Cover
Pettigrew, Arkansas experienced an average of 37% cloud cover in the last year, placing us in the 18th percentile nationally and the 19th percentile in Arkansas. While cloud cover can affect the amount of sunlight reaching solar panels, it’s important to note that solar systems can still produce energy even on cloudy days. With various options available such as battery storage to store excess energy, Pettigrew residents can rely on solar power as a consistent and reliable source of electricity.
Pettigrew Arkansas Electricity Costs
Residents in Pettigrew currently pay around $0.11/kw for electricity, positioning our area in the 19th percentile nationwide and the 40th percentile in Arkansas. Compared to the national average of $0.13/kw for residential electricity, Pettigrew residents are already benefiting from lower electricity costs. By installing solar panels on your home, you can further reduce your dependency on the grid and take control of your energy expenses, ultimately leading to long-term savings and a smaller environmental impact.
When could you expect to break even on a solar installation in Pettigrew Arkansas?
Considering the weather and electricity costs in Pettigrew, 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:
- Pettigrew receives more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Pettigrew are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Pettigrew is lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Pettigrew 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 amount needed from the grid, especially with Pettigrew’s cost-effective electricity rates.
After analyzing the data, it looks like it would take around 5-7 years to cover the initial cost of the solar panels in Pettigrew, Arkansas. This means that after this period, the money saved on electricity bills will start adding up and paying off the investment. And keep in mind that solar panels have a long lifespan, so you’ll continue to enjoy these savings for many years to come. It’s a wise investment for both your finances and the environment!
Investing in solar power in Pettigrew Arkansas
Installing solar panels in Pettigrew, Arkansas can provide significant financial benefits over time due to the area’s favorable sunlight levels and cost-effective electricity rates. Despite receiving a decent amount of precipitation and having average UV ratings, solar panels can still be highly efficient in generating electricity. With the potential to break even on the initial investment within 5-7 years, residents can look forward to long-term savings on their utility bills. By harnessing solar energy, homeowners in Pettigrew can take control of their energy expenses and make a positive impact on both their finances and the environment.