Overview
In Terry, Montana, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs over the course of a year, we can show you how a solar system can help you save money in the long run. Through breaking down the cost of a solar system and estimating the time it will take to break even, we aim to demonstrate the advantages of going solar in Terry, Montana.
Terry Montana Weather Trends
Terry Precipitation
With an average of 24.87 inches of precipitation in the last year, Terry, Montana falls below the national average of 50.61 inches but surpasses Montana’s average of 28.52 inches. Despite receiving less precipitation than most of the nation, Terry still sees a decent amount of rain compared to the rest of the state. By harnessing this rainfall through solar panels, residents can take advantage of the natural resources available to them.
Terry’s UV Rating
In the past year, Terry, Montana experienced an average UV rating of 3.82, placing it below the national average of 4.29 and above Montana’s average of 3.4. This means that Terry receives a moderate amount of sunlight, making it an ideal location for solar panel installation. With an average max UV rating of 4, Terry residents have the opportunity to benefit from harnessing this clean and renewable energy source to power their homes.
Terry’s Cloud Cover
Terry, Montana had an average of 38% cloud cover in the last year, slightly lower than the national average of 44.46% and Montana’s average of 41.59%. This means that residents can expect a good amount of sunshine throughout the year, perfect for generating solar energy. With a significant number of days having minimal cloud cover, Terry provides an excellent environment for solar panel absorption and electricity production.
Terry Montana Electricity Costs
Residents in Terry, Montana pay around $0.11/kw for electricity, which is lower than the national average of $0.13/kw but slightly higher than Montana’s average of $0.12/kw. By investing in solar panels, residents can significantly reduce their electricity bills over time. With the abundance of sunlight in Terry, taking advantage of solar energy can lead to substantial financial savings and a more sustainable lifestyle.
When could you expect to break even on a solar installation in Terry Montana?
Considering the weather and electricity costs in Terry Montana, 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:
- Terry Montana receives less precipitation compared to the national average, making it a suitable location for solar panels.
- The UV ratings in Terry Montana are slightly lower than the national average, but still sufficient for generating solar power.
- Cloud cover in Terry Montana is lower than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Terry Montana pay less for electricity compared to the national average, which can impact the savings from 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 leading to cost savings over time.
- Given Terry Montana’s lower electricity rates, the savings may accumulate at a slower rate compared to areas with higher rates.
After analyzing the data, it appears that it would take approximately 8-10 years to cover the initial cost of the solar panels in Terry Montana. This means that after that period, the savings on electricity bills will exceed the initial investment cost. Considering the longevity of solar panels, these savings will continue for many years, making it a wise financial and environmental choice for residents of Terry Montana.
Investing in solar power in Terry Montana
Installing solar panels in Terry, Montana can be a smart financial decision for residents looking to save money in the long run. By taking advantage of the moderate amount of sunlight and lower electricity costs in the area, homeowners can expect to break even on their investment in approximately 8-10 years. Not only will this lead to significant savings on electricity bills, but it also offers a sustainable and environmentally friendly way to power homes in Terry. With the combination of favorable weather conditions and cost-effective electricity rates, going solar in Terry, Montana is a beneficial choice for both finances and the planet.