Overview
If you live in Smithville, Georgia, you may want to consider the financial benefits of installing solar panels on your home. With the amount of sunshine the town receives throughout the year, you could potentially save a significant amount on your electricity bills. By analyzing weather data and electricity costs specific to Smithville, we will break down the cost of a solar system and estimate how long it will take for you to break even on your investment.
Smithville Georgia Weather Trends
Smithville Precipitation
With 61.37 inches of precipitation in the last year, Smithville Georgia is in the 73rd percentile nationwide and the 20th percentile in Georgia. Compared to the national average of 50.61 inches and Georgia’s average of 67.23 inches, Smithville’s precipitation levels make it an ideal location for harnessing solar energy to offset electricity costs.
Smithville’s UV Rating
Smithville’s average UV rating of 4.81 in the last year places it in the 73rd percentile across the country and the 15th percentile in Georgia. While the national average UV rating is 4.29, Georgia averages 5.15. With an average max UV rating of 5.01, Smithville is in a prime position to benefit from installing solar panels to take advantage of the abundant sunlight.
Smithville’s Cloud Cover
Smithville Georgia had an average of 50% cloud cover, ranking it in the 74th percentile nationally and the 96th percentile in Georgia. Comparatively, the national average for cloud cover is 44.46%, while Georgia averages 42.32%. With a balance of sunny and cloudy days, Smithville offers the perfect conditions for a solar system to thrive.
Smithville Georgia Electricity Costs
Residents in Smithville pay about $0.13/kw for electricity, placing them in the 69th percentile nationwide and the 78th percentile in Georgia. While the national average for residential electricity is $0.13/kw, Georgia’s average is slightly lower at $0.12/kw. By investing in solar panels, Smithville residents can take advantage of their area’s solar potential to reduce their electricity bills and save money in the long run.
When could you expect to break even on a solar installation in Smithville Georgia?
Considering the weather and electricity costs in Smithville 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:
- Smithville Georgia receives more precipitation than the national average.
- The UV ratings in Smithville Georgia are higher than the national average, which is good for generating solar power.
- Cloud cover in Smithville Georgia is slightly higher than the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Smithville Georgia pay about $0.13/kw for electricity, which is 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, reducing the amount needed from the grid and saving money on electricity bills.
Given the weather conditions and electricity costs in Smithville Georgia, it is estimated that it would take approximately 5-7 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will begin to offset the investment. Since solar panels have a lifespan of 25-30 years, this investment will continue to provide savings for many years to come. It’s a wise investment that not only saves money but also contributes to a cleaner environment!
Investing in solar power in Smithville Georgia
With the information presented on Smithville’s weather trends and electricity costs, it is clear that investing in solar panels for your home in Smithville, Georgia, can lead to significant financial benefits. By harnessing the abundant sunshine and offsetting electricity costs, residents can expect to break even on their investment in approximately 5-7 years. With a solar system lasting 25-30 years, this initial investment will continue to bring savings for many years to come. Not only does this investment save money, but it also contributes to a cleaner environment. If you’re a resident of Smithville, Georgia, installing solar panels may be a wise choice for your home!