Overview
Are you a Rockwood Tennessee resident looking to save money on your electricity bills? In this article, we will break down the financial benefits of installing solar panels on your home. By analyzing weather data specific to Rockwood, along with basic electricity costs, we will show you how a solar system can help you save money in the long run. With a detailed cost breakdown and estimated break-even timeline, you’ll see how investing in solar panels can be a smart financial decision for your home.
Rockwood Tennessee Weather Trends
Rockwood Precipitation
With 63.31 inches of precipitation in the last year, Rockwood Tennessee ranks in the 77th percentile in the nation and the 81st percentile in Tennessee. Compared to the national average of 50.61 inches and Tennessee’s average of 58.16 inches, Rockwood experiences more rain, making it an ideal location for maximizing the benefits of solar energy.
Rockwood’s UV Rating
Rockwood Tennessee boasts an average UV rating of 4.47, placing it in the 64th percentile nationally and the 24th percentile within the state. With an average max UV rating of 4.85, Rockwood is in the 53rd percentile nationally and the 32nd percentile in Tennessee. These figures indicate ample sunlight, ensuring efficient solar panel performance throughout the year.
Rockwood’s Cloud Cover
Rockwood Tennessee experiences an average cloud cover of 44%, ranking it in the 49th percentile nationally and the 51st percentile in Tennessee. With a distribution of cloud cover days, including 109 days with little to no clouds, 110 days with moderate cloud cover, and 79 days with partial cloud cover, Rockwood provides consistent sunlight for solar energy production.
Rockwood Tennessee Electricity Costs
Residents in Rockwood pay about $0.11/kw for electricity, ranking the city in the 39th percentile nationally and the 75th percentile in Tennessee. Compared to the national average of $0.13/kw and Tennessee’s average of $0.11/kw, Rockwood offers affordable electricity rates that, when coupled with solar energy savings, can lead to significant financial benefits in the long term.
When could you expect to break even on a solar installation in Rockwood Tennessee?
Considering the weather and electricity costs in Rockwood, 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:
- Rockwood gets more precipitation than the national average, but it still has good sun exposure for solar panels.
- The UV ratings in Rockwood are slightly above the national average, making it a good location for generating solar power.
- Cloud cover in Rockwood is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Rockwood pay slightly less for electricity compared to the national average, making solar panels a cost-effective 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 leading to cost savings.
- With lower electricity rates in Rockwood, the savings can add up over time.
After crunching the numbers, it looks like it would take around 4-5 years to cover the initial cost of the solar panels in Rockwood, Tennessee. This means that after this period, the money saved on electricity bills will begin to offset the investment. And since solar panels have a long lifespan, you’ll continue to reap these benefits for many years to come. It’s a smart financial and environmental choice!
Investing in solar power in Rockwood Tennessee
Installing solar panels in Rockwood, Tennessee can be a wise financial decision for residents looking to save money on their electricity bills. With above-average sunlight exposure and slightly lower electricity costs compared to the national average, the break-even point for a standard solar system is estimated to be around 4-5 years. This means that after this initial period, the savings on electricity bills will start to outweigh the cost of the solar panels. Considering the long lifespan of solar systems, investing in solar energy is not only a smart financial choice but also an environmentally friendly one for Rockwood residents.