Overview
Are you a Worthington Minnesota resident looking to save money on your electricity bills? Installing solar panels on your home could be a great investment for you. By analyzing weather data and electricity cost in Worthington, we will show you how much money you can save each year by going solar. We will break down the cost of a solar system and estimate how long it will take for you to break even. Get ready to learn about the financial benefits of solar energy in your area!
Worthington Minnesota Weather Trends
Worthington Precipitation
With 35.64 inches of precipitation in the last year, Worthington Minnesota falls below the national average of 50.61 inches but slightly above the state average of 37.31 inches. Consistent rain can affect solar panel efficiency, but Worthington’s levels are manageable for solar energy production. Embracing solar power in Worthington could still be a cost-effective decision despite lower precipitation rates compared to other parts of the country and the state.
Worthington’s UV Rating
Worthington’s average UV rating of 3.77 places it at the 34th percentile nationally and the 83rd percentile in Minnesota. While lower than the national average of 4.29, this UV rating is still sufficient for solar energy generation. With an average max UV rating of 3.98, Worthington maintains suitable conditions for harnessing solar power. Embracing solar energy in Worthington offers an environmentally friendly and financially beneficial alternative to traditional electricity sources.
Worthington’s Cloud Cover
With an average of 42% cloud cover, Worthington stands below the national average of 44.46% and significantly lower than Minnesota’s average of 48.96%. With variations in cloud cover throughout the year, Worthington residents have ample opportunities to generate solar power efficiently. Despite some cloudy days, Worthington’s overall cloud cover levels are conducive to reaping the benefits of solar energy.
Worthington Minnesota Electricity Costs
At $0.11/kw, Worthington residents enjoy electricity costs below the national average of $0.13/kw and on par with Minnesota’s state average. By investing in solar panels, residents can significantly reduce their electricity bills and take advantage of Worthington’s affordable rates. Compared to other parts of the country and the state, Worthington offers attractive opportunities for significant financial savings through solar energy utilization.
When could you expect to break even on a solar installation in Worthington Minnesota?
Considering the weather and electricity costs in Worthington Minnesota, 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:
- Worthington Minnesota receives less precipitation than the national average, which is good for solar panel efficiency.
- The UV ratings in Worthington Minnesota are slightly below the national average, but still sufficient for generating solar power.
- Cloud cover in Worthington Minnesota is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Worthington Minnesota pay slightly less for electricity compared to the national average, at about $0.11/kw.
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 will reduce the amount of electricity needed from the grid, resulting in savings on electricity bills.
- With Worthington Minnesota’s lower electricity rates, the savings will be slightly less compared to areas with higher rates.
After crunching the numbers, it looks like it would take around 9-10 years to cover the initial cost of the solar panels. That means, after 9-10 years, the money you save 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 be enjoying those savings for many years to come. It’s a smart way to save money and help the environment at the same time!
Investing in solar power in Worthington Minnesota
With Worthington Minnesota’s favorable weather conditions for solar energy production and affordable electricity costs, investing in solar panels can lead to significant financial savings. By analyzing the data, we have determined that residents in Worthington could expect to break even on a solar installation within 9-10 years. This means that after this initial period, the money saved on electricity bills will start to pay off the investment made in solar panels. Overall, embracing solar power in Worthington not only offers financial benefits but also provides a sustainable and environmentally friendly alternative to traditional electricity sources. Make the smart choice for your wallet and the planet by considering solar energy for your home in Worthington!