Overview
In Siloam Georgia, installing solar panels on your home can lead to significant financial savings. By analyzing weather data and electricity costs over a year, it is clear that harnessing solar energy can greatly reduce monthly energy bills. In this article, we will break down the costs of a solar system, estimate the time it will take to recoup the initial investment, and showcase the long-term financial benefits of going solar in Siloam.
Siloam Georgia Weather Trends
Siloam Precipitation
With only 7.87 inches of precipitation in the last year, Siloam is in the 1st percentile in the nation and the 0th percentile in Georgia. This means that compared to the national average of 50.61 inches and Georgia’s average of 67.23 inches, Siloam receives significantly less rainfall.
Siloam’s UV Rating
Having an average UV rating of 5.57 places Siloam in the 90th percentile in the nation and the 92nd percentile in Georgia. This high UV rating, along with an average max UV rating of 6.01, indicates that Siloam receives ample sunshine compared to the national average of 4.29 and Georgia’s average of 5.15.
Siloam’s Cloud Cover
With an average cloud cover of 19% in the last year, Siloam is in the 1st percentile in the nation and the 1st percentile in Georgia. This means that Siloam experiences much less cloud cover compared to the national average of 44.46% and Georgia’s average of 42.32%. The majority of days in Siloam have minimal cloud cover, providing abundant sunlight.
Siloam Georgia Electricity Costs
Residents of Siloam pay about $0.12 per kilowatt-hour for electricity, positioning them in the 61st percentile in the nation and the 55th percentile in Georgia. This cost is lower than the national average of $0.13/kw but on par with Georgia’s average. By harnessing the abundant sunlight in Siloam, homeowners can significantly reduce their monthly energy bills and take advantage of the long-term financial benefits of solar energy.
When could you expect to break even on a solar installation in Siloam Georgia?
Considering the weather and electricity costs in Siloam Georgia, 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:
- Siloam Georgia gets less precipitation compared to the national average, which is great for solar panel efficiency.
- The UV ratings in Siloam Georgia are higher than the national average, making it an ideal location for generating solar power.
- Cloud cover in Siloam Georgia is lower than the national average, with a good number of sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Siloam Georgia pay slightly less for electricity compared to the national average, which can impact 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:
- Solar panels generate electricity, reducing the amount purchased from the grid and resulting in savings on electricity bills.
- With lower electricity costs in Siloam Georgia, the savings may take a bit longer to cover the initial investment.
After analyzing the data, it appears that it might take around 6-7 years to recoup the cost of the solar panels in Siloam Georgia. This means that once this initial period is over, the money saved on electricity bills will start to accumulate, providing long-term financial benefits. Additionally, considering the lifespan of solar panels, the investment will continue to pay off for many years, making it a wise choice for both saving money and contributing to a greener environment.
Investing in solar power in Siloam Georgia
By harnessing the abundant sunlight and low precipitation levels in Siloam Georgia, installing solar panels on your home can lead to significant financial savings. With lower electricity costs and ample sunshine, homeowners can expect to break even on their investment in solar panels within 6-7 years. After this initial period, the money saved on electricity bills will accumulate, providing long-term financial benefits. Investing in solar energy not only saves money but also contributes to a greener environment. So, if you are in Siloam, going solar is a wise choice for both your wallet and the planet.