Overview
In Underwood, North Dakota, installing solar panels on your home could save you money in the long run. By analyzing weather data and electricity costs, we can estimate how quickly you can break even on the cost of a solar system. With average sunshine, low precipitation, and moderate cloud cover, Underwood is a great place to harness solar energy for your home. Learn more about the financial benefits of going solar in Underwood and how it can help you save on your electricity bills.
Underwood North Dakota Weather Trends
Underwood Precipitation
With 34.02 inches of precipitation in the last year, Underwood North Dakota is in the 17th percentile in the nation and the 87th percentile in North Dakota. Compared to the national average of 50.61 inches, Underwood sees less rainfall, making it an ideal location for solar panel installation. By taking advantage of the lower precipitation levels, you can ensure that your solar panels receive ample sunlight to generate energy efficiently.
Underwood’s UV Rating
With an average UV rating of 3.43 in the last year, Underwood North Dakota ranks in the 16th percentile in the nation and the 55th percentile in North Dakota. While this may seem lower compared to the national average of 4.29, the moderate UV rating in Underwood can still provide sufficient sunlight for solar energy production. By harnessing the available sunlight, you can save on electricity costs and reduce your carbon footprint.
Underwood’s Cloud Cover
At an average of 45% cloud cover in the last year, Underwood North Dakota falls in the 54th percentile in the nation and the 30th percentile in North Dakota. With a slightly lower cloud cover compared to the national average of 44.46%, Underwood offers a favorable environment for solar panel installation. By maximizing the clear days for solar energy production, you can benefit from reduced reliance on traditional electricity sources.
Underwood North Dakota Electricity Costs
Residents of Underwood North Dakota pay about $0.11/kw for electricity, positioning the city in the 31st percentile in the nation and the 84th percentile in North Dakota. While the national average for residential electricity is $0.13/kw, Underwood’s lower electricity costs make solar panel installation a cost-effective investment. By switching to solar energy, you can offset rising utility expenses and contribute to a cleaner environment.
When could you expect to break even on a solar installation in Underwood North Dakota?
Considering the weather and electricity costs in Underwood, North Dakota, 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:
- Underwood gets less precipitation than the national average, which is good for solar panel efficiency.
- The UV ratings in Underwood are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Underwood is about average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Underwood pay slightly less for electricity compared to the national average.
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, which means less need to purchase from the grid.
- With Underwood’s electricity rates, the savings are considerable.
After analyzing the numbers, it looks like it would take around 7 years to cover the initial cost of the solar panels. This means that after 7 years, the money you save on electricity bills will begin to accumulate and pay off the investment. Plus, since solar panels have a long lifespan, you can enjoy those savings for many years beyond the payoff period. It’s a smart investment for saving money and contributing to a greener environment!
Investing in solar power in Underwood North Dakota
Installing solar panels in Underwood, North Dakota can offer significant financial benefits over time. With the city’s favorable weather conditions and lower electricity costs, residents can expect to break even on the initial cost of a solar system in approximately 7 years. By harnessing solar energy, homeowners can not only save money on their electricity bills but also contribute to a cleaner environment. Investing in solar power in Underwood is a smart long-term decision that can lead to both financial savings and sustainability.