Overview
Are you a Trade Tennessee resident looking to save money on your electricity bills? Consider installing solar panels on your home! By analyzing weather data specific to Trade Tennessee, we can estimate the financial benefits of switching to solar power. With the average cost of electricity in Trade Tennessee and the amount of sunlight the area receives throughout the year, we can calculate how long it will take for a solar system to pay for itself. Find out how investing in solar panels can help you save money in the long run.
Trade Tennessee Weather Trends
Trade Precipitation
In the last year, Trade Tennessee received 60.01 inches of precipitation. This places Trade in the 70th percentile in the nation and the 67th percentile in Tennessee. Comparatively, the national average for total precipitation is 50.61 inches, while Tennessee’s average is 58.16 inches. Despite Trade receiving more precipitation than the national average, installing solar panels can still be a financially beneficial decision in the long run.
Trade’s UV Rating
In the last year, Trade Tennessee had an average UV rating of 3.75, ranking it at the 33rd percentile in the nation and the 2nd percentile in Tennessee. When compared to the national average of 4.29 and Tennessee’s average of 4.65, Trade may seem to receive less sunlight. However, even with slightly lower UV ratings, solar panels can still harness enough solar energy to significantly reduce electricity costs over time.
Trade’s Cloud Cover
Trade Tennessee had an average of 53% cloud cover in the last year, placing it in the 83rd percentile in the nation and the 98th percentile in Tennessee. The national average for average cloud cover is 44.46%, with Tennessee averaging 43.78%. Despite Trade experiencing more cloud cover than most areas, solar panels can still generate substantial savings on electricity bills by converting sunlight into energy, even on partially cloudy days.
Trade Tennessee Electricity Costs
Trade Tennessee residents pay about $0.11/kw for electricity, ranking them in the 20th percentile in the nation and the 17th percentile in Tennessee. The national average for residential electricity is $0.13/kw, while Tennessee’s average is also $0.11/kw. With electricity costs slightly below the national average, investing in solar panels can help Trade residents lock in lower energy expenses and reduce their reliance on traditional power sources.
When could you expect to break even on a solar installation in Trade Tennessee?
Considering the weather and electricity costs in Trade 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:
- Trade Tennessee receives slightly more precipitation than the national average, but it still has enough sunny days for solar panels to be effective.
- The UV ratings in Trade Tennessee are a bit lower than the national average, but they are still sufficient for generating solar power.
- Cloud cover in Trade Tennessee is slightly higher than the national average, with variation throughout the year.
- Trade Tennessee residents experience different levels of cloud cover throughout the year, with a significant number of days having between 25% and 50% cloud cover.
Now, let’s consider the electricity costs:
- Residents in Trade Tennessee pay slightly less for electricity compared to the national average, which is beneficial for using solar power to save on costs.
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 need to purchase as much from the grid.
- With lower electricity costs in Trade Tennessee, the savings from using solar power are significant.
After analyzing the data, it appears that it would take approximately 4-6 years to cover the initial cost of the solar panels. This means that after this period, the savings on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, you will continue to benefit from these savings for many years to come. Investing in solar power is a smart way to save money and contribute to a sustainable future!
Investing in solar power in Trade Tennessee
Considering the weather trends and electricity costs in Trade Tennessee, investing in solar panels can be a financially wise decision. Despite receiving more precipitation and having slightly lower UV ratings and higher cloud cover than national averages, solar panels in Trade can still generate significant savings on electricity bills. With residents paying slightly less for electricity than the national average, it would take approximately 4-6 years to break even on the initial cost of solar panel installation. This means that after this period, the savings will start to accumulate and pay off the investment, leading to long-term financial benefits. By investing in solar power, Trade Tennessee residents can save money and contribute to a sustainable future!