Overview
Swifton, Arkansas residents are always looking for ways to save money on their electricity bills. By installing solar panels on your home, you can take advantage of the ample sunlight in the area to generate your own clean energy. In this article, we will break down the costs of installing a solar system in Swifton and estimate how long it will take for you to break even on your investment. With the financial benefits of solar power, you can start saving money on your electric bill and make a positive impact on the environment.
Swifton Arkansas Weather Trends
Swifton Precipitation
In the last year, Swifton Arkansas received 52.7 inches of precipitation, placing it in the 54th percentile in the nation and the 36th percentile in Arkansas. Compared to the national average of 50.61 inches, Swifton receives slightly higher rainfall. While Arkansas’s average is 54.5 inches, Swifton’s precipitation levels are moderate. By harnessing the power of sunlight through solar panels, you can save money on your electricity bills regardless of the amount of rain that falls.
Swifton’s UV Rating
Swifton Arkansas had an average UV rating of 4.98, positioning it in the 78th percentile in the nation and the 39th percentile in Arkansas. The national average UV rating is 4.29, while Arkansas’s average is 5.13. With an average max UV rating of 5.42, Swifton is in the 66th percentile in the nation and the 38th percentile in Arkansas. These ratings indicate ample sunlight for generating solar power, making it a wise investment to reduce your reliance on traditional electricity sources.
Swifton’s Cloud Cover
In the last year, Swifton Arkansas had an average of 37% cloud cover, placing it in the 17th percentile in the nation and the 10th percentile in Arkansas. While the national average for cloud cover is 44.46%, Arkansas’s average is 38.77%. Swifton experienced varying cloud cover throughout the year. By installing solar panels, you can make use of the sunny days with clear skies to produce clean energy for your home.
Swifton Arkansas Electricity Costs
Swifton residents pay about $0.11/kw for electricity, positioning them in the 21st percentile in the nation and the 47th percentile in Arkansas. The national average for residential electricity is $0.13/kw, while Arkansas’s average is also $0.11/kw. By switching to solar power, you can significantly reduce your electricity costs in Swifton compared to relying solely on the grid. Making the switch to solar energy can have a positive impact on both your wallet and the environment.
When could you expect to break even on a solar installation in Swifton Arkansas?
Considering the weather and electricity costs in Swifton 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:
- Swifton Arkansas received slightly more precipitation than the national average, but it still has enough sunlight for solar panels to work effectively.
- The UV ratings in Swifton Arkansas are higher than the national average, making it a good location for generating solar power.
- The cloud cover in Swifton Arkansas is lower than the national average, with significant sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Swifton Arkansas pay a bit less for electricity compared to the national average, which can contribute to quicker savings with 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:
- The solar system generates electricity, reducing the amount needed from the grid and saving money on electricity bills.
- With Swifton Arkansas’ lower electricity rates, the savings are significant and can lead to quicker payback on the initial investment.
After analyzing the data, it appears that it would take around 4 to 6 years to cover the initial cost of the solar panels in Swifton Arkansas. This means that after this period, the savings on electricity bills will start to accumulate and pay off the investment. Considering that solar panels last for 25 to 30 years, this investment proves to be a smart financial decision in the long run, helping residents save money and reduce their carbon footprint.
Investing in solar power in Swifton Arkansas
Installing solar panels in Swifton, Arkansas is a wise investment that can lead to substantial savings on electricity bills and a positive impact on the environment. With higher UV ratings, lower cloud cover, and slightly lower electricity costs compared to national averages, Swifton provides an ideal setting for solar power generation. Based on our analysis, it would take around 4 to 6 years to break even on the initial cost of installing solar panels, making it a financially beneficial decision in the long term. By harnessing the power of sunlight, residents in Swifton can enjoy reduced energy costs and contribute to a greener future.