Overview
In Shelbyville, Missouri, installing solar panels on your home can save you money in the long run. By analyzing weather data and electricity costs over the course of a year, we can show you how much you can potentially save by switching to solar energy. With the breakdown of costs and estimated time to break even, you’ll see that investing in solar power is not only environmentally friendly but also financially beneficial for your household.
Shelbyville Missouri Weather Trends
Shelbyville Precipitation
With 41.31 inches of precipitation in the last year, Shelbyville Missouri falls in the 30th percentile nationally and the 23rd percentile within the state. Comparatively, the national average sits at 50.61 inches, while Missouri’s average is 47.04 inches. By harnessing this rainfall through solar panels, you can capitalize on the energy potential offered by these weather patterns.
Shelbyville’s UV Rating
Shelbyville Missouri boasts an average UV rating of 4.38, placing it in the 61st percentile nationally and the 13th percentile statewide. When compared to the national average of 4.29 and Missouri’s average of 4.59, Shelbyville enjoys favorable conditions for solar energy production. With an average max UV rating of 4.74, the potential for solar panel efficiency is even greater.
Shelbyville’s Cloud Cover
The average cloud cover in Shelbyville Missouri over the last year was 40%, positioning the city in the 28th percentile nationally but the 80th percentile within Missouri. With fewer clouds than both the national average of 44.46% and Missouri’s average of 39.07%, Shelbyville offers ample sunlight for optimal solar panel performance. With varying levels of cloud cover throughout the year, you can maximize energy production on sunny days.
Shelbyville Missouri Electricity Costs
Residential electricity in Shelbyville Missouri is priced at about $0.12/kw, placing it in the 54th percentile nationally and the 80th percentile within the state. Compared to the national average of $0.13/kw and Missouri’s average of $0.11/kw, Shelbyville residents already benefit from relatively low electricity costs. By investing in solar panels, you can further reduce your energy expenses and increase your savings over time.
When could you expect to break even on a solar installation in Shelbyville Missouri?
Considering the weather and electricity costs in Shelbyville Missouri, 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:
- Shelbyville Missouri receives slightly less rain than the national average, making it suitable for solar panels.
- The UV ratings in Shelbyville Missouri are higher than the national average, which is great for generating solar power.
- Cloud cover in Shelbyville Missouri is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Shelbyville Missouri pay slightly 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 need to purchase as much from the grid.
- With Shelbyville Missouri’s lower electricity rates, the savings may take longer to cover the initial cost.
After analyzing the numbers, it seems like it may take around 8-10 years to cover the initial cost of the solar panels in Shelbyville Missouri. This means that after 8-10 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Remember, solar panels have a long lifespan, so beyond that initial period, you will continue to save money for many years to come. Investing in solar panels is not only a smart financial decision but also a sustainable choice for the environment.
Investing in solar power in Shelbyville Missouri
With the analysis of weather data and electricity costs in Shelbyville, Missouri, it is clear that investing in solar panels can be a cost-effective decision for homeowners in the long run. By harnessing the city’s weather patterns, including lower precipitation, favorable UV ratings, and decreased cloud cover, along with relatively low electricity costs, residents can expect to break even on their solar panel investment in approximately 8-10 years. Beyond that initial period, the savings on electricity bills will continue to accumulate, making solar energy a smart financial and environmentally friendly choice for Shelbyville households.