Overview
In Severn, North Carolina, installing solar panels on your home can lead to significant financial savings. By analyzing weather data and electricity costs over the course of a year, it is clear that the abundance of sunshine in Severn makes it an ideal location for solar energy. In this article, we will break down the costs associated with installing a solar system, estimate the time it will take to break even, and demonstrate how investing in solar power can benefit your wallet in the long run.
Severn North Carolina Weather Trends
Severn Precipitation
With Severn North Carolina receiving 64.35 inches of precipitation in the last year, it is evident that the area has abundant rainfall. Compared to the national average of 50.61 inches, Severn is in the 79th percentile in the country. Although North Carolina’s average is slightly higher at 65.54 inches, Severn still ranks in the 50th percentile within the state. This ample rainfall can help keep solar panels clean, maximizing their efficiency.
Severn’s UV Rating
Severn North Carolina boasts an average UV rating of 4.75, placing it in the 71st percentile nationwide. In comparison, the national average UV rating is 4.29. However, when looking at North Carolina’s average of 4.72, Severn falls in the 49th percentile within the state. Additionally, with an average max UV rating of 5.13, Severn is in the 59th percentile nationally. This high UV rating indicates strong sunlight, perfect for generating solar energy.
Severn’s Cloud Cover
In the last year, Severn North Carolina experienced an average of 42% cloud cover. This places Severn in the 38th percentile in the nation. Compared to the national average of 44.46%, Severn enjoys clearer skies, making it an ideal location for solar panel installation. With varying degrees of cloud cover throughout the year, Severn residents can count on consistent solar energy production.
Severn North Carolina Electricity Costs
Severn residents pay around $0.12 per kilowatt-hour for electricity, which is below the national average of $0.13. In North Carolina, the average residential electricity cost is also $0.12/kw. By investing in solar panels, residents can reduce or eliminate their reliance on the grid, ultimately saving money on electricity bills in the long run. Switching to solar power in Severn can lead to substantial financial savings over time.
When could you expect to break even on a solar installation in Severn North Carolina?
Considering the weather and electricity costs in Severn, 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:
- Severn receives more precipitation than the national average, but it still has good UV ratings for generating solar power.
- The UV ratings in Severn are slightly higher than the national average, making it a suitable location for solar panels.
- Cloud cover in Severn is slightly lower than the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Severn pay slightly less for electricity compared to the national average.
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 will generate electricity, reducing the amount needed from the grid, especially with the slightly lower electricity costs in Severn.
After calculating, it appears that it would take approximately 4-5 years to cover the initial cost of the solar panels. This means that after this period, the savings on electricity bills will start to accumulate and pay off the investment. Also, considering the long lifespan of solar panels, the savings will continue for many years to come. Making this investment is a wise decision both financially and environmentally.
Investing in solar power in Severn North Carolina
Installing solar panels in Severn, North Carolina can result in significant financial savings over time. With ample sunlight, lower-than-average electricity costs, and a favorable climate, residents can expect to break even on their investment in solar energy in about 4-5 years. This initial cost recovery will lead to long-term savings on electricity bills, making the switch to solar power a smart and beneficial choice for homeowners in Severn.