Overview
Are you tired of high electricity bills in Steele, Missouri? Installing solar panels on your home could be the solution you’ve been looking for. With abundant sunshine and low annual precipitation, Steele is the perfect place to harness the power of the sun. By taking a closer look at the cost of a solar system and the potential savings on your electricity bill, you may be surprised at how quickly you can break even on your investment. Let’s explore how going solar could benefit your wallet in the long run.
Steele Missouri Weather Trends
Steele Precipitation
With Steele, Missouri receiving 46.32 inches of precipitation in the last year, you may be surprised to learn that this puts Steele just slightly below the national average but slightly above Missouri’s average. This means that Steele’s weather conditions are conducive to solar panel installation, as the moderate precipitation levels won’t hinder the effectiveness of the panels in harnessing solar energy.
Steele’s UV Rating
Steele, Missouri boasts an impressive average UV rating of 4.89, placing it well above the national and state averages. This high UV rating means that Steele receives a significant amount of sunlight, ideal for generating solar power. By taking advantage of Steele’s abundant sunlight, you can maximize the efficiency of your solar panels and potentially generate excess energy to sell back to the grid.
Steele’s Cloud Cover
With an average of 38% cloud cover, Steele, Missouri enjoys relatively clear skies, ranking above the national and state averages. This means that there are plenty of sunny days throughout the year, perfect for generating solar energy. By installing solar panels on your home in Steele, you can take advantage of these clear skies to produce clean, renewable energy for your household.
Steele Missouri Electricity Costs
Residents in Steele, Missouri pay around $0.1/kw for electricity, making it more affordable compared to the national average and slightly lower than the state average. By installing solar panels on your home, you can offset your electricity costs and potentially save even more money in the long run. With Steele’s favorable electricity rates, going solar can be a financially savvy decision for homeowners looking to reduce their energy bills.
When could you expect to break even on a solar installation in Steele Missouri?
Considering the weather and electricity costs in Steele Missouri, 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:
- Steele Missouri gets slightly less precipitation than the national average, and has good UV ratings for solar power generation.
- Cloud cover is below the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Steele Missouri pay a bit 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 amount needed from the grid.
- With lower electricity rates in Steele Missouri, the savings may take longer to cover the initial cost.
After crunching the numbers, it looks like it would take around 7 to 8 years to cover the initial cost of the solar panels in Steele Missouri. This means that after that time, the money saved on electricity bills will start to accumulate and pay off the investment. Keep in mind that solar panels last for many years, so you’ll continue to enjoy these savings for a long time. Investing in solar power not only saves money but also contributes to a cleaner environment!
Investing in solar power in Steele Missouri
Installing solar panels in Steele, Missouri can be a smart investment for homeowners looking to reduce their electricity bills and contribute to a cleaner environment. With favorable weather conditions and affordable electricity rates, residents can expect to break even on their initial investment in solar panels in around 7 to 8 years. After that, the savings accumulated from lower electricity bills will continue to benefit homeowners for many years to come. Consider harnessing the power of the sun to not only save money but also to make a positive impact on the planet.