Overview
Are you tired of high electricity bills? Installing solar panels on your home in Ravenden, Arkansas could be the solution you’ve been looking for. By analyzing weather data and electricity costs specific to our area, we can show you how much money you can save by making the switch to solar energy. With the cost of a solar system broken down and an estimation of how long it will take to break even, you’ll see just how financially beneficial going solar can be for you and your family.
Ravenden Arkansas Weather Trends
Ravenden Precipitation
With Ravenden Arkansas receiving 52.89 inches of precipitation in the last year, it falls just above the national average of 50.61 inches, but slightly below Arkansas’s average of 54.5 inches. By harnessing solar energy, you can put the abundance of rainwater to good use, knowing you’re living in a region with a decent amount of rainfall compared to other areas.
Ravenden’s UV Rating
Enjoying an average UV rating of 4.81, Ravenden Arkansas surpasses both the national average of 4.29 and falls just below the state’s average of 5.13. With abundant sunshine, utilizing solar panels can maximize your energy production potential, taking advantage of the higher UV levels compared to most places in the country.
Ravenden’s Cloud Cover
With an average of 39% cloud cover, Ravenden Arkansas experiences less cloudiness compared to the national average of 44.46% and exceeds the state’s average of 38.77%. This means more sunlight for your solar panels to convert into clean, renewable energy, making it an ideal location for installing solar panels to power your home efficiently.
Ravenden Arkansas Electricity Costs
By paying about $0.11/kw for electricity, Ravenden residents are already in a better position than the national average of $0.13/kw, and on par with the state’s average of $0.11/kw. Going solar can further reduce your electricity costs, allowing you to take control of your energy expenses and potentially save even more money in the long run.
When could you expect to break even on a solar installation in Ravenden Arkansas?
Considering the weather and electricity costs in Ravenden 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:
- Ravenden Arkansas gets slightly more rain than the national average, which can impact solar panel efficiency but is still adequate for generating solar power.
- The UV ratings in Ravenden Arkansas are higher than the national average, making it a good location for solar energy production.
- Cloud cover in Ravenden Arkansas is slightly lower than the national average, providing good sunlight for solar panels on most days.
Now, let’s consider the electricity costs:
- Residents in Ravenden Arkansas pay slightly less for electricity compared to the national average, making solar energy an even more attractive option.
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 and subsequently reducing electricity costs.
- With Ravenden Arkansas’s slightly lower electricity rates, the savings will accumulate over time.
After crunching the numbers, it appears that it would take about 4-6 years to cover the initial cost of the solar panels in Ravenden Arkansas. This means that after that initial period, the money saved on electricity bills will begin to offset the investment. And since solar panels last for a long time, the savings will continue for many more years. It’s a wise financial decision that also benefits the environment!
Investing in solar power in Ravenden Arkansas
With the abundant sunshine, slightly lower cloud cover, and slightly lower electricity costs in Ravenden, Arkansas, installing solar panels can be a financially savvy decision. By investing in a solar system, residents can expect to break even on their initial cost in about 4-6 years. After this period, the savings on electricity bills will continue to accumulate, providing long-term financial benefits while also contributing to a cleaner, greener environment. Utilizing the favorable weather conditions and electricity costs in Ravenden, going solar can be a smart choice for families looking to save money and reduce their carbon footprint.