Overview
Are you a Westpoint Indiana resident looking to save money on your electricity bills? Installing solar panels on your home could be a smart financial decision. We have collected weather data specific to Westpoint, including inches of precipitation, average max UV rating, average UV rating, and average cloud cover, over 365 days to show you the potential benefits of switching to solar power. By breaking down the cost of a solar system and estimating how long it will take to break even, we will demonstrate the financial advantages of making the switch to solar energy in Westpoint Indiana.
Westpoint Indiana Weather Trends
Westpoint Precipitation
With 161.57 inches of precipitation in the last year, Westpoint Indiana residents are no strangers to rain. This puts Westpoint at the top of the charts, ranking in the 100th percentile in both the nation and Indiana. Compared to the national average of 50.61 inches and Indiana’s average of 50.24 inches, it’s clear that Westpoint sees a significant amount of rainfall.
Westpoint’s UV Rating
Westpoint Indiana had an average UV rating of 6.25 in the last year, placing them in the top 98th percentile nationwide and the top 94th percentile within Indiana. Compared to the national average of 4.29 and Indiana’s average of 4.23, it’s evident that Westpoint experiences high levels of UV exposure. Additionally, with an average max UV rating of 6.26, Westpoint ranks in the 82nd percentile in the nation and the 91st percentile in Indiana.
Westpoint’s Cloud Cover
Westpoint Indiana had an average of 63% cloud cover in the last year, placing them in the 98th percentile nationally and the 99th percentile within Indiana. When comparing this to the national average of 44.46% and Indiana’s average of 47.27%, it’s clear that Westpoint experiences a high amount of cloud coverage. With varying levels of cloud cover throughout the year, residents can expect a mix of sunny and cloudy days.
Westpoint Indiana Electricity Costs
Westpoint Indiana residents pay about $0.13/kw for electricity, ranking them in the 72nd percentile nationally and the 39th percentile in Indiana. Although the cost is on par with the national average, there is room for improvement within the state. By installing solar panels and generating their own electricity, residents can reduce their reliance on the grid and lower their monthly utility bills.
When could you expect to break even on a solar installation in Westpoint Indiana?
Considering the weather and electricity costs in Westpoint Indiana, 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:
- Westpoint Indiana receives more precipitation than the national average, but it still gets enough sunshine for solar panels to be effective.
- The UV ratings in Westpoint Indiana are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Westpoint Indiana is higher than the national average, with more cloudy days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Westpoint Indiana pay the national average for electricity.
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.
- Since electricity costs are average in Westpoint Indiana, the savings will be consistent over time.
After crunching the numbers, it looks like it would take around 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the money saved on electricity bills will start to add up and pay off the investment. And remember, solar panels last for a long time, so after that initial period, you’ll continue to enjoy savings for many years to come. Investing in solar panels is a smart way to save money and contribute to a greener environment!
Investing in solar power in Westpoint Indiana
With the weather data and electricity costs in Westpoint Indiana considered, the decision to switch to solar panels becomes even more appealing. Despite the high precipitation and cloud cover, the region still receives ample sunshine to make solar power effective. By investing in a solar system, residents can expect to break even on the initial cost in as little as 7-8 years. From that point on, the savings on electricity bills will continue to accumulate, making the switch to solar energy a financially advantageous and environmentally friendly choice for Westpoint Indiana residents.