Overview
Have you ever considered the financial benefits of installing solar panels on your home in Wilburn, Arkansas? By harnessing the power of the sun, you can significantly reduce your electricity bill and even generate income by selling the excess energy back to the grid. In this article, we will break down the cost of a solar system, estimate how long it will take to break even, and showcase how the weather data in Wilburn supports the use of solar energy.
Wilburn Arkansas Weather Trends
Wilburn Precipitation
With 59.82 inches of precipitation in the last year, Wilburn, Arkansas, has a higher-than-average rainfall amount compared to both the national average of 50.61 inches and Arkansas’s average of 54.5 inches. This means that Wilburn receives ample sunlight which can be converted into energy through solar panels, making it an ideal location for harnessing solar power.
Wilburn’s UV Rating
Wilburn’s average UV rating of 4.92 in the last year signifies a sunny climate, ranking higher than the national average of 4.29 and lower than Arkansas’s average of 5.13. Additionally, with an average max UV rating of 5.33, Wilburn is well-positioned to benefit from solar energy production, as the higher UV levels are conducive to generating more electricity through solar panels.
Wilburn’s Cloud Cover
Wilburn, Arkansas, experienced an average of 38% cloud cover in the last year, which is lower than both the national average of 44.46% and Arkansas’s average of 38.77%. With 147 days of clear skies and minimal cloud cover, residents in Wilburn can take advantage of the abundant sunlight to maximize their solar energy production and reduce their reliance on traditional electricity sources.
Wilburn Arkansas Electricity Costs
Wilburn residents pay approximately $0.11/kw for electricity, which is below the national average of $0.13/kw and on par with the state average of $0.11/kw. By investing in solar panels, Wilburn homeowners can not only reduce their electricity bills by harnessing the sun’s power but also potentially generate excess energy to sell back to the grid, providing an opportunity for additional income.
When could you expect to break even on a solar installation in Wilburn Arkansas?
Considering the weather and electricity costs in Wilburn, Arkansas, 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:
- Wilburn receives more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Wilburn are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Wilburn is slightly lower than the national average, providing good conditions for solar panel efficiency.
Now, let’s consider the electricity costs:
- Residents in Wilburn pay less for electricity compared to the national average, which means the savings from solar power may not be as significant.
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 electricity from the grid.
- Although the electricity costs are lower in Wilburn, the savings from using solar power can still add up over time.
After analyzing the data, it looks like it would take approximately 10 years to cover the initial cost of the solar panels in Wilburn, Arkansas. This means that after 10 years, the money saved on electricity bills will start to offset the investment. Since solar panels have a long lifespan, the savings accrued after the payback period can be significant. Investing in solar panels is a financially wise decision that not only saves money but also contributes to a sustainable environment.
Investing in solar power in Wilburn Arkansas
Investing in solar panels in Wilburn, Arkansas, can be a smart financial decision. With the ample sunlight, lower-than-average cloud cover, and higher UV ratings, solar energy production in Wilburn is favorable. Despite the lower electricity costs in the area, the long-term savings from using solar power make it a worthwhile investment. By analyzing the data, we can see that it would take approximately 10 years to break even on the cost of installing solar panels. With the system expected to last between 25 and 30 years, the savings after the payback period can be significant. Not only does investing in solar panels save money, but it also contributes to a sustainable environment for future generations.