Overview
Are you a Smyrna Tennessee resident looking to save money on your electricity bill? Installing solar panels on your home could be the answer. By analyzing weather data and electricity costs specific to Smyrna, we will show you how a solar system can help you break even financially in a short period of time. Let’s crunch the numbers and see how solar power can benefit your wallet.
Smyrna Tennessee Weather Trends
Smyrna Precipitation
With 48.89 inches of precipitation in the last year, Smyrna Tennessee is below the national average of 50.61 inches. Compared to the rest of Tennessee, Smyrna falls in the lower 6th percentile. By harnessing the power of solar panels, you can take advantage of the rainy days and still generate electricity to offset your grid usage.
Smyrna’s UV Rating
Having an average UV rating of 4.7, Smyrna Tennessee enjoys more sunny days compared to the national average of 4.29. When looking at other cities in Tennessee, Smyrna ranks in the 63rd percentile. With an average max UV rating of 5.06, installing solar panels on your home can make the most of the sunshine, allowing you to generate more clean energy for your household.
Smyrna’s Cloud Cover
At an average of 43% cloud cover, Smyrna Tennessee experiences slightly less cloudy days compared to the national average of 44.46%. With a good balance of sunny and cloudy days, installing solar panels in Smyrna can ensure a consistent generation of electricity throughout the year, reducing your reliance on the grid during sunnier days.
Smyrna Tennessee Electricity Costs
Resident of Smyrna pay about $0.11/kw for electricity, which is on par with the Tennessee average. However, when compared to the national average of $0.13/kw, Smyrna residents are already saving on their energy bills. By installing solar panels and producing your own electricity, you can further reduce your monthly utility costs and mitigate the impact of potential future rate hikes.
When could you expect to break even on a solar installation in Smyrna Tennessee?
Considering the weather and electricity costs in Smyrna Tennessee, 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:
- Smyrna Tennessee received slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Smyrna Tennessee are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Smyrna Tennessee is slightly lower than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Smyrna Tennessee pay slightly less for electricity compared to 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 need to purchase from the grid.
- With lower electricity rates in Smyrna Tennessee, the savings may take longer to cover the initial cost compared to areas with higher rates.
After crunching the numbers, it looks like it would take around 6-7 years to cover the initial cost of the solar panels. This means that after 6-7 years, the savings on electricity bills will start to accumulate and pay off the investment. Since solar panels last for a long time, you’ll continue to enjoy those savings for many years to come. It’s a smart investment that not only saves money but also helps the environment in the long run.
Investing in solar power in Smyrna Tennessee
Installing solar panels in Smyrna, Tennessee can be a smart investment that pays off in the long run. By taking advantage of the slightly lower precipitation, higher UV ratings, and slightly lower cloud cover in Smyrna, you can generate clean energy to offset your electricity costs. With residents in Smyrna already paying lower electricity rates compared to the national average, the savings from using solar power can help you break even on your investment in approximately 6-7 years. This initial cost coverage will lead to long-term savings on your electricity bills, making solar panels a financial benefit for your household. Not only will you save money, but you’ll also contribute to a more sustainable future. Consider installing solar panels to enjoy these advantages in Smyrna, Tennessee.