Overview
Shallotte residents, imagine saving money on your electricity bill while also helping the environment. By installing solar panels on your home, you can take advantage of the sunny weather in North Carolina to generate your own clean energy. With data showing low precipitation, high UV ratings, and minimal cloud cover throughout the year, solar panels in Shallotte are a smart investment. We will break down the cost of a solar system and estimate how long it will take for you to break even, making the switch to solar a financially wise decision for your home.
Shallotte North Carolina Weather Trends
Shallotte Precipitation
With Shallotte receiving 81.13 inches of precipitation last year, it’s clear that the area sees a good amount of rain. However, compared to the national and North Carolina averages of 50.61 inches and 65.54 inches respectively, Shallotte ranks in the 97th percentile nationally and 96th percentile statewide.
Shallotte’s UV Rating
When it comes to UV ratings, Shallotte had an average rating of 5.05, which places it in the 79th percentile in the nation and the 89th percentile in North Carolina. These ratings are higher than the national and state averages of 4.29 and 4.72 respectively, indicating that Shallotte enjoys ample sunshine for generating solar energy.
Shallotte’s Cloud Cover
Shallotte experienced an average cloud cover of 41% last year, ranking it in the 33rd percentile nationally and the 44th percentile in North Carolina. While this indicates some cloudiness throughout the year, there were still many days with lower cloud cover percentages, making it a viable option for solar panel installation.
Shallotte North Carolina Electricity Costs
With Shallotte residents paying about $0.14/kw for electricity, the area falls in the 82nd percentile nationally and the 93rd percentile in North Carolina. Despite being slightly above the national and state averages of $0.13/kw and $0.12/kw respectively, investing in solar panels can significantly reduce your electricity costs over time.
When could you expect to break even on a solar installation in Shallotte North Carolina?
Considering the weather and electricity costs in Shallotte, 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:
- Shallotte gets more rain than the national average, but it still has a good amount of sun for solar panels to work effectively.
- The UV ratings in Shallotte are slightly higher than the national average, making it a good location for generating solar power.
- Cloud cover in Shallotte is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Shallotte pay slightly more 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 generates electricity, which means we don’t need to buy as much from the grid.
- With Shallotte’s slightly higher electricity rates, the savings are even greater.
After crunching the numbers, it looks like it would take around 4-5 years to cover the initial cost of the solar panels. That means, after 4-5 years, the money you save on electricity bills will start to add up and pay off the investment. And remember, solar panels last for a long time, so after that initial period, you’ll be enjoying those savings for many years to come. It’s a smart way to save money and help the environment at the same time!
Investing in solar power in Shallotte North Carolina
Installing solar panels in Shallotte, North Carolina is not only a financially wise decision for your home, but it also contributes to a cleaner environment. With data showing ample sunshine, slightly higher UV ratings, and manageable cloud cover percentages, solar panels are a great investment option for residents looking to save money on electricity bills. By breaking down the costs and estimating the payback period, it is evident that switching to solar energy is a smart choice that can lead to significant long-term savings. Take advantage of the sunny weather in Shallotte and start generating your own clean energy today!