Overview
In sunny Taylor, Mississippi, installing solar panels on your home can lead to significant financial savings. By analyzing weather data and electricity costs specific to the area, we can show you how a solar system can help you break even on your investment in a reasonable amount of time. With ample sunlight and favorable weather conditions, switching to solar power is a smart choice that can lead to long-term cost savings for residents in Taylor.
Taylor Mississippi Weather Trends
Taylor Precipitation
In the last year, Taylor Mississippi received 52.19 inches of precipitation, which is slightly below the national average of 50.61 inches. However, compared to the rest of Mississippi, Taylor falls in the 10th percentile. With lower precipitation levels than the state average, Taylor’s climate is well-suited for solar panels, making it easier to maintain and maximize their efficiency.
Taylor’s UV Rating
In the last year, Taylor Mississippi had an average UV rating of 5.06, higher than both the national average of 4.29 and the state average of 5.31. This indicates that Taylor receives a good amount of sunlight throughout the year, ideal for harnessing solar energy. With a higher UV rating than most of Mississippi, residents in Taylor can benefit greatly from installing solar panels to take advantage of the abundant sunlight.
Taylor’s Cloud Cover
In the last year, Taylor Mississippi had an average of 40% cloud cover, lower than the national average of 44.46% and the state average of 41.29%. Additionally, Taylor experienced a significant number of clear days with between 0% and 25% cloud cover. This means that Taylor residents can expect consistent sunlight, perfect for generating solar power with minimal interruptions from cloud cover.
Taylor Mississippi Electricity Costs
Taylor residents pay about $0.12/kw for electricity, which is slightly below the national average of $0.13/kw. Compared to the rest of Mississippi, Taylor falls in the 65th percentile for electricity costs. By switching to solar power, residents in Taylor can reduce their reliance on traditional energy sources and save money in the long run, especially given the favorable electricity rates in the area.
When could you expect to break even on a solar installation in Taylor Mississippi?
Considering the weather and electricity costs in Taylor Mississippi, 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:
- Taylor Mississippi receives slightly more precipitation than the national average, but still has ample sunlight for effective solar panel operation.
- The UV ratings in Taylor Mississippi are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Taylor Mississippi is slightly lower than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Taylor Mississippi pay slightly less for electricity compared to the national average, at $0.12/kw.
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 utility bills.
- With Taylor Mississippi’s lower electricity rates, the savings may accumulate more slowly compared to areas with higher rates.
After crunching the numbers, it looks like it would take approximately 13 years to cover the initial cost of the solar panels in Taylor Mississippi. This means that after 13 years, the money saved on electricity bills will start to surpass the initial investment. Additionally, with solar panels lasting for 25 to 30 years, there is potential for many more years of savings beyond the breakeven point. Investing in solar power is a smart way to save money in the long run while also contributing to a more sustainable environment.
Investing in solar power in Taylor Mississippi
With ample sunlight, lower precipitation levels, and favorable electricity costs, Taylor, Mississippi residents can benefit greatly from investing in solar power. By breaking down the costs and looking at the long-term savings, it’s clear that switching to solar energy is a smart choice that can lead to financial benefits over time. With the potential to break even on the initial investment in just 13 years and the ability of solar panels to last for 25 to 30 years, installing solar systems in Taylor is a wise investment that can lead to long-term cost savings while also promoting sustainability.