Overview
If you’re a Taft, Tennessee resident looking to save money on your electricity bill, installing solar panels on your home could be a smart investment. By analyzing weather data and electricity costs specific to Taft, we can show you how much you can save over time. With the right solar system, you could potentially break even in a shorter period than you might think, making it a financially savvy decision for your home.
Taft Tennessee Weather Trends
Taft Precipitation
With Taft, Tennessee receiving 56.59 inches of precipitation in the last year, it’s important to note that this places Taft above the national average of 50.61 inches. While Tennessee as a whole sees more rainfall with an average of 58.16 inches, Taft still falls close to the middle compared to other cities in the state.
Taft’s UV Rating
When it comes to the UV rating, Taft Tennessee homeowners can benefit from the area’s average UV rating of 4.7. This places Taft above the national average of 4.29, showing that the city receives a good amount of sunlight throughout the year. While Tennessee has a slightly higher average UV rating at 4.65, Taft still stands out nationally.
Taft’s Cloud Cover
Despite having an average of 43% cloud cover, Taft Tennessee residents can still expect a decent amount of sunlight to power their potential solar panels. Comparing this to the national average of 44.46% and Tennessee’s average of 43.78%, Taft falls right around the middle in terms of cloud cover. With various days throughout the year seeing different levels of cloud cover, there are plenty of opportunities for solar energy production.
Taft Tennessee Electricity Costs
Residents in Taft, Tennessee benefit from relatively low electricity costs, with a rate of about $0.11/kw. This puts Taft below the national average of $0.13/kw, making solar panel installation even more attractive for potential savings. While Tennessee matches Taft’s rate at $0.11/kw, Taft still stands out on a national scale for its cost-effective electricity prices.
When could you expect to break even on a solar installation in Taft Tennessee?
Considering the weather and electricity costs in Taft, 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:
- Taft receives slightly more precipitation than the national average, but it still has enough sun for solar panels to function effectively.
- The UV ratings in Taft are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Taft is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Taft pay less for electricity compared to the national average, which is beneficial for potential 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 system generates electricity, reducing the need to purchase from the grid.
- With Taft’s lower electricity rates, the savings from solar power are slightly more modest but still present.
After analyzing the data, it appears that it would take around 7-8 years to cover the initial cost of the solar panels in Taft, Tennessee. This means, after 7-8 years, the money saved on electricity bills will start to accumulate and offset the investment. Keep in mind that solar panels have a long lifespan, so beyond that period, you’ll enjoy those savings for many more years. Investing in solar energy is not only financially wise but also environmentally friendly, providing a sustainable power source for your home.
Investing in solar power in Taft Tennessee
Installing solar panels in Taft, Tennessee can be a wise financial decision for residents looking to save money on their electricity bills. With the city receiving a good amount of sunlight throughout the year and having lower electricity costs compared to the national average, homeowners can potentially break even on their investment in solar panels in about 7-8 years. Beyond that, they can enjoy years of savings on their electricity bills while also contributing to a sustainable and environmentally friendly energy source for their home. Consider the benefits of solar energy for your household in Taft, Tennessee.