Overview
Are you a resident of Royal Arkansas looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been searching for. By analyzing weather data specific to Royal Arkansas, such as inches of precipitation, average max UV rating, average UV rating, and average of percentage cloud cover, we can estimate the amount of sunlight your solar panels will receive throughout the year. This data, paired with basic electricity costs for the area, allows us to calculate the potential savings you could see by switching to solar power. By breaking down the cost of a solar system and estimating how long it will take to break even, we aim to show you the financial benefits of making the switch to solar energy.
Royal Arkansas Weather Trends
Royal Precipitation
With Royal Arkansas receiving 59.17 inches of precipitation in the last year, you may be concerned about the impact of weather on solar panel efficiency. However, Royal is actually in the 75th percentile in Arkansas and the 68th percentile in the nation for total precipitation. Compared to the national average of 50.61 inches and Arkansas’s average of 54.5 inches, Royal’s precipitation levels make it an ideal location for solar energy!
Royal’s UV Rating
Considering Royal Arkansas’s average UV rating of 5.14, you can expect great sunlight exposure for your solar panels. Royal ranks in the 62nd percentile in Arkansas and the 81st percentile in the nation, surpassing both national and state averages. With an impressive average max UV rating of 5.61, Royal is in the 58th percentile in Arkansas and the 69th percentile in the nation. This means your solar panels will receive plenty of sunlight for optimal performance!
Royal’s Cloud Cover
Despite having an average of 40% cloud cover in the last year, Royal Arkansas is in the 83rd percentile in the state for cloud cover. Nationally, Royal ranks in the 26th percentile, showcasing relatively clear skies. Even on days with cloud cover, Royal had 131 days with minimal cloud cover, providing ample sunlight for your solar panels. With only 55 days of heavy cloud cover, the majority of the year offers excellent conditions for solar energy production!
Royal Arkansas Electricity Costs
When it comes to electricity costs, Royal Arkansas residents are paying about $0.11/kw, putting them in the 79th percentile in the state and the 31st percentile in the nation. With the national average for residential electricity at $0.13/kw, Royal residents are already saving on electricity costs. By investing in solar panels, you can further reduce your electricity bills and take advantage of the financial benefits that solar energy offers!
When could you expect to break even on a solar installation in Royal Arkansas?
Considering the weather and electricity costs in Royal 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:
- Royal Arkansas received more precipitation than the national average, but it still has a good amount of sunshine for solar panels to work effectively.
- The UV ratings in Royal Arkansas are higher than the national average, making it a great location for generating solar power.
- Cloud cover in Royal Arkansas is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Royal Arkansas pay less for electricity compared to the national average, which can affect the savings from using 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 amount needed from the grid and saving money on electricity bills.
- With lower electricity rates in Royal Arkansas, the savings may take longer to cover the initial cost of the solar panels.
After calculating the numbers, it looks like it could take around 7-9 years to cover the initial cost of the solar panels in Royal Arkansas. This means that after 7-9 years, the savings on electricity bills will start to accumulate and pay off the investment. Given the longevity of solar panels, the savings will continue for many years beyond that initial period, providing both financial benefits and environmental sustainability. It’s a wise choice for long-term savings and reducing your carbon footprint!
Investing in solar power in Royal Arkansas
Switching to solar energy in Royal Arkansas can provide significant financial benefits in the long run. By analyzing the weather trends specific to the area, we can see that Royal receives a good amount of sunlight for solar panel efficiency, despite slightly higher precipitation levels. The average UV ratings in Royal are above both state and national averages, ensuring optimal performance for solar panels. Additionally, the cloud cover in Royal is relatively low compared to the national average, allowing for ample sunlight throughout the year. Pairing this data with the lower electricity costs in Royal, investing in solar panels could lead to significant savings on electricity bills. With an estimated break-even period of 7-9 years, the initial investment in solar panels will pay off in the long term, offering both financial benefits and environmental sustainability. Making the switch to solar energy in Royal Arkansas is a smart choice for residents looking to save money and reduce their carbon footprint!