Overview
In Rowland, North Carolina, installing solar panels on your home can lead to significant financial benefits. By analyzing local weather data and electricity costs, we can show you how much money you can save over time. With the cost breakdown of a solar system and an estimate of the break-even point, you’ll see how investing in solar panels can be a wise financial decision for your household.
Rowland North Carolina Weather Trends
Rowland Precipitation
With Rowland North Carolina receiving 71.81 inches of precipitation in the last year, it is clear that our town sees its fair share of rain. However, this puts us in the 91st percentile in the nation, meaning we have more precipitation than most areas across the country. Compared to North Carolina’s average of 65.54 inches, Rowland stands out with higher levels of rainfall.
Rowland’s UV Rating
Rowland North Carolina had an average UV rating of 5.09 in the last year, placing us in the 80th percentile nationwide and the 92nd percentile within North Carolina. This suggests that our town receives a significant amount of sunlight, making it an ideal location for harnessing solar energy. With an average max UV rating of 5.47, Rowland is at the forefront when it comes to sunny days.
Rowland’s Cloud Cover
On average, Rowland North Carolina experiences 40% cloud cover, putting us in the 28th percentile nationally and the 17th percentile within North Carolina. With a lower cloud cover percentage compared to the national average of 44.46% and North Carolina’s average of 42.57%, Rowland provides ample opportunities for solar panels to generate electricity efficiently.
Rowland North Carolina Electricity Costs
Residents in Rowland pay about $0.12/kw for electricity, placing us in the 46th percentile across the country and the 29th percentile within North Carolina. With prices lower than the national average of $0.13/kw, installing solar panels can help you save even more on your energy bills in the long run.
When could you expect to break even on a solar installation in Rowland North Carolina?
Considering the weather and electricity costs in Rowland North Carolina, 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:
- Rowland North Carolina receives more precipitation than the national average, which can impact solar panel efficiency.
- The UV ratings in Rowland North Carolina are higher than the national average, providing good conditions for generating solar power.
- Cloud cover in Rowland North Carolina is slightly lower than the national average, which is beneficial for solar panel performance.
Now, let’s consider the electricity costs:
- Residents in Rowland North Carolina pay a bit less for electricity compared to the national average, making it a cost-effective choice for solar power.
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 need to purchase electricity from the grid.
- Due to the lower electricity costs in Rowland North Carolina, the savings may not be as significant as in areas with higher rates.
After analyzing the data, it appears that it would take around 7-8 years to cover the initial cost of the solar panels in Rowland North Carolina. This means that after this period, the money saved on electricity bills will start to offset the investment. Additionally, given the long lifespan of solar panels, residents can enjoy continued savings for many years ahead. Investing in solar energy not only saves money but also contributes to a cleaner and more sustainable future.
Investing in solar power in Rowland North Carolina
Installing solar panels in Rowland, North Carolina can offer substantial financial benefits over time due to the town’s weather trends and electricity costs. With higher-than-average UV ratings and lower cloud cover, Rowland provides ideal conditions for harnessing solar energy efficiently. By considering the initial cost of a solar system and the local electricity rates, residents can expect to break even on their investment in approximately 7-8 years. Beyond saving money on electricity bills, investing in solar power contributes to a cleaner and more sustainable future for Rowland. Overall, choosing to install solar panels is not only a wise financial decision but also a step towards environmental responsibility.