Overview
In Smithville, Arkansas, installing solar panels on your home can save you money in the long run. By analyzing weather data and electricity costs specific to Smithville, we have calculated the estimated cost of a solar system and how long it will take to break even. With ample sunshine and favorable weather conditions, switching to solar power is a smart financial choice that can benefit both your wallet and the environment.
Smithville Arkansas Weather Trends
Smithville Precipitation
With an above-average annual precipitation of 68.01 inches, Smithville, Arkansas, is in the 85th percentile in the nation and the 97th percentile in Arkansas. This means that while Smithville receives more rainfall compared to the national average of 50.61 inches and Arkansas’s average of 54.5 inches, it also has the potential to generate more solar energy through rainwater collection and utilization.
Smithville’s UV Rating
Smithville, Arkansas, boasts an impressive average UV rating of 5.92, ranking it in the 95th percentile in the nation and the 94th percentile in Arkansas. This higher UV rating compared to the national average of 4.29 and Arkansas’s average of 5.13 indicates that Smithville receives abundant sunshine, offering great potential for solar power generation to save you money on electricity bills and reduce your environmental impact.
Smithville’s Cloud Cover
Despite having an average of 46% cloud cover, Smithville, Arkansas, is in the 56th percentile in the nation and the 96th percentile in Arkansas. Even though the cloud cover is slightly higher than the national average of 44.46% and Arkansas’s average of 38.77%, Smithville still experiences numerous days with varying cloud cover percentages, providing ample sunlight for your solar panels to harness energy efficiently.
Smithville Arkansas Electricity Costs
Residents of Smithville, Arkansas, enjoy a relatively low electricity cost of about $0.11/kw, placing Smithville in the 26th percentile in the nation and the 69th percentile in Arkansas. With electricity costs lower than the national average of $0.13/kw and on par with Arkansas’s average of $0.11/kw, transitioning to solar power in Smithville can lead to substantial long-term savings on your utility expenses while contributing to a cleaner environment.
When could you expect to break even on a solar installation in Smithville Arkansas?
Considering the weather and electricity costs in Smithville Arkansas, 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:
- Smithville Arkansas receives more precipitation than the national average, but still has enough sunshine for solar panels to be effective.
- The UV ratings in Smithville Arkansas are higher than the national average, making it a good location for generating solar power.
- The cloud cover in Smithville Arkansas is around the national average, with varying percentages throughout the year.
Now, let’s consider the electricity costs:
- Residents in Smithville Arkansas pay slightly less for electricity compared to the national average, at $0.11/kw.
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 less need to buy from the grid.
- With Smithville Arkansas’s electricity rates, the savings are significant.
After analyzing the data, 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 money saved on electricity bills will start to offset the investment. Considering solar panels last for 25-30 years, the savings over time make it a wise financial and environmental choice for residents of Smithville Arkansas.
Investing in solar power in Smithville Arkansas
Based on the analysis of weather data and electricity costs specific to Smithville, Arkansas, it is clear that installing solar panels on your home can lead to cost savings over time. With ample sunshine, higher UV ratings, and slightly above-average cloud cover, Smithville provides an ideal environment for generating solar power efficiently. Additionally, the relatively low electricity costs in Smithville make transitioning to solar power a smart financial decision that can result in significant savings on utility expenses. Overall, investing in solar panels in Smithville, Arkansas, can not only benefit your wallet but also contribute to a cleaner environment for years to come.