Overview
If you’re a Sherwood Oregon resident looking to save money on your electricity bills, installing solar panels on your home could be a smart move. With our analysis of local weather data and electricity costs, we’ll show you how a solar system can help you break even in a reasonable amount of time. By taking advantage of the sunny days and low cloud cover in Sherwood, you could see significant savings on your monthly expenses.
Sherwood Oregon Weather Trends
Sherwood Precipitation
With Sherwood Oregon receiving 53.89 inches of precipitation in the last year, it’s important to note that this puts the city above the national average of 50.61 inches but below the state average of 54.5 inches. Despite being slightly wetter than the national average, Sherwood still offers plenty of sunny days for solar energy production.
Sherwood’s UV Rating
In the last year, Sherwood Oregon had an average UV rating of 3.87, which is lower than both the national average of 4.29 and the Oregon state average of 3.7. However, with an average max UV rating of 4.37, Sherwood sees enough sunlight to make solar panels a viable option for generating electricity, especially when compared to other locations in the country and the state.
Sherwood’s Cloud Cover
Despite an average cloud cover of 49%, which is higher than both the national and state averages, Sherwood Oregon still has a significant number of days with low cloud cover. With 128 days of between 0% and 25% cloud cover, there are plenty of opportunities for solar panels to harness the sun’s energy and reduce reliance on traditional electricity sources.
Sherwood Oregon Electricity Costs
At $0.13/kw, Sherwood Oregon residents pay slightly more for electricity compared to the national average, but are higher than the state average of $0.11/kw. By installing solar panels, Sherwood residents can take advantage of the city’s sunlight and potentially save money in the long run by reducing their dependence on grid electricity.
When could you expect to break even on a solar installation in Sherwood Oregon?
Considering the weather and electricity costs in Sherwood, Oregon, 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:
- Sherwood receives slightly more precipitation than the national average, but it still has enough sun for solar panels to be effective.
- The UV ratings in Sherwood are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Sherwood is about average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Sherwood pay about the national average for electricity, making it a good place to invest in solar energy.
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 to be purchased from the grid.
- With the average electricity costs in Sherwood, the savings from using solar power are significant.
After crunching the numbers, it appears that it would take around 5 years to cover the initial cost of the solar panels. This means, after 5 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Additionally, with solar panels lasting between 25 and 30 years, the savings will continue for many years beyond the initial investment. Investing in solar energy in Sherwood is a wise decision that not only helps save money but also contributes to a cleaner environment!
Investing in solar power in Sherwood Oregon
By analyzing the weather trends and electricity costs in Sherwood, Oregon, it is clear that installing solar panels can be a worthwhile investment for residents. Despite slightly higher precipitation levels and lower UV ratings compared to national averages, Sherwood still receives enough sunlight to make solar energy viable. With electricity costs on par with the national average, the potential savings from solar power are significant. Based on our analysis, residents could break even on their solar panel installation in approximately 5 years. This initial investment will lead to long-term savings and contribute to a cleaner environment. So, consider harnessing the power of the sun to not only save money but also reduce your reliance on traditional electricity sources in Sherwood.