Overview
Are you a Pigeon Forge resident looking to save money on your electricity bills? Installing solar panels on your home might be the solution you’ve been looking for! By analyzing weather data and electricity costs specific to Pigeon Forge, we will break down the financial benefits of switching to solar energy. Stay tuned to learn how a solar system can help you save money and potentially break even in a reasonable amount of time.
Pigeon Forge Tennessee Weather Trends
Pigeon Forge Precipitation
With Pigeon Forge Tennessee receiving 69.6 inches of precipitation last year, it is among the top 4% in the state and the top 12% in the country. This means that solar panels in Pigeon Forge can efficiently harness energy from the sun even on rainy days. Although Tennessee has higher average precipitation compared to the national average, it does not hinder the effectiveness of solar energy in the area.
Pigeon Forge’s UV Rating
With an average UV rating of 4.36, Pigeon Forge Tennessee is in the 60th percentile in the nation and the 15th percentile in Tennessee. This indicates that there is a substantial amount of sunlight available for solar panel usage in Pigeon Forge. Despite having a lower UV rating compared to the national and state averages, the consistent sunlight in Pigeon Forge can greatly benefit homeowners looking to switch to solar energy.
Pigeon Forge’s Cloud Cover
Pigeon Forge Tennessee has an average cloud cover of 45%, placing it in the 52nd percentile in the nation and the 68th percentile in Tennessee. With numerous days throughout the year having optimal cloud cover for solar panel efficiency, residents can take advantage of the sun’s energy to power their homes. The slightly higher than average cloud cover in Pigeon Forge does not deter the viability of installing solar panels.
Pigeon Forge Tennessee Electricity Costs
Pigeon Forge residents pay about $0.1/kw for electricity, ranking the city in the 9th percentile in Tennessee and the 15th percentile in the nation. Comparatively lower electricity costs in Pigeon Forge make switching to solar energy a financially sound decision. With the state and national average residential electricity costs being higher than in Pigeon Forge, homeowners can save money in the long run by investing in solar panels for their homes.
When could you expect to break even on a solar installation in Pigeon Forge Tennessee?
Considering the weather and electricity costs in Pigeon Forge, 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:
- Pigeon Forge gets more precipitation than the national average, but it’s still sunny enough for solar panels to work effectively.
- The UV ratings in Pigeon Forge are slightly higher than the national average, which is great for generating solar power.
- Cloud cover in Pigeon Forge is close to the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Pigeon Forge 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, which means we don’t need to buy as much from the grid.
- With Pigeon Forge’s lower electricity rates, the savings are slightly less compared to the national average.
After analyzing the data, it appears that it would take approximately 6 years to cover the initial cost of the solar panels. This means, after 6 years, the money saved on electricity bills will start to offset the investment. And remember, solar panels have a long lifespan, so you’ll continue to reap those savings for many years after that initial period. It’s a wise financial decision while also benefiting the environment!
Investing in solar power in Pigeon Forge Tennessee
Switching to solar energy in Pigeon Forge, Tennessee can be a cost-effective decision for homeowners. With the city’s weather trends and relatively lower electricity costs, investing in solar panels can help residents save money in the long run. By breaking down the financial benefits, we see that homeowners can potentially break even on their investment in solar panels within 6 years. Not only does this make financial sense, but it also contributes to a sustainable future. So, if you’re looking to save money on electricity bills and reduce your carbon footprint, consider making the switch to solar energy in Pigeon Forge!