Overview
In Rockvale Tennessee, installing solar panels on your home can save you a significant amount of money on your electricity bill. By analyzing weather data and electricity costs specific to the area, we have determined that a solar system can pay for itself in a reasonable amount of time. With the average cost of a solar system in mind, we will show you how much you can expect to save each year and when you can expect to break even on your investment.
Rockvale Tennessee Weather Trends
Rockvale Precipitation
Rockvale Tennessee received 53.7 inches of precipitation in the last year, ranking it higher than the national average of 50.61 inches but lower than Tennessee’s average of 58.16 inches. With a location that sees a moderate amount of rainfall, solar panels can still be an excellent investment for your home.
Rockvale’s UV Rating
Rockvale Tennessee had an average UV rating of 4.68 in the last year, which is higher than the national average of 4.29 but slightly lower than Tennessee’s average of 4.65. With a relatively high UV rating, your home is well-suited for harnessing solar energy to power your everyday needs.
Rockvale’s Cloud Cover
Rockvale Tennessee had an average cloud cover of 42% in the last year, falling slightly below the national average of 44.46% and Tennessee’s average of 43.78%. With a good amount of sunshine throughout the year, installing solar panels on your home in Rockvele can maximize energy production and savings.
Rockvale Tennessee Electricity Costs
Rockvale Tennessee residents pay about $0.11/kw for electricity, lower than the national average of $0.13/kw and matching Tennessee’s average. With affordable electricity rates, investing in solar panels for your home in Rockvale can lead to substantial savings on your energy bills in the long run.
When could you expect to break even on a solar installation in Rockvale Tennessee?
Considering the weather and electricity costs in Rockvale, 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:
- Rockvale receives slightly more precipitation than the national average, but it still has plenty of sunny days for solar panels to be effective.
- The UV ratings in Rockvale are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Rockvale is around the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Rockvale 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:
- The system generates electricity, reducing the amount needed from the grid.
- With Rockvale’s lower electricity rates, the savings are still significant.
Based on the data, it is estimated that it would take around 4-6 years to cover the initial cost of the solar panels in Rockvale, Tennessee. This means that after this period, the money saved on electricity bills will begin to accumulate and pay off the investment. Additionally, solar panels have a long lifespan, so the savings will continue for many years after the initial investment is recouped. Investing in solar power is a smart financial decision that also benefits the environment in the long run.
Investing in solar power in Rockvale Tennessee
Considering the weather and electricity costs in Rockvale, Tennessee, it is clear that investing in solar panels for your home can lead to significant savings in the long run. With abundant sunshine and affordable electricity rates, a solar system in Rockvale can pay for itself in as little as 4-6 years. Not only will you be saving money on your energy bills, but you will also be making a positive impact on the environment. Making the switch to solar power in Rockvale is a smart financial decision that can benefit you and the planet for many years to come.