Overview
Are you a Youngstown Ohio resident looking to save money on your electricity bill? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data for the area, we can show you how much sunlight Youngstown receives on average, translating into potential savings on your electricity costs. With a breakdown of the costs associated with a solar system and an estimation of how long it will take for you to break even, it’s clear that investing in solar panels could be a wise financial decision for residents in Youngstown Ohio.
Youngstown Ohio Weather Trends
Youngstown Precipitation
In the last year, Youngstown Ohio received 53.64 inches of precipitation, putting it in the 56th percentile in the nation and the 67th percentile in Ohio. Compared to the national average of 50.61 inches and Ohio’s average of 51.17 inches, Youngstown sees slightly above average precipitation levels, which can be beneficial for solar panel efficiency.
Youngstown’s UV Rating
In the last year, Youngstown Ohio had an average UV rating of 3.64, ranking it in the 26th percentile in the nation and the 19th percentile in Ohio. With the national average at 4.29 and Ohio’s average at 3.84, Youngstown’s UV rating is slightly lower than average. However, even with an average max UV rating of 3.93, Youngstown’s potential for solar energy production remains strong.
Youngstown’s Cloud Cover
Youngstown Ohio had an average of 55% cloud cover in the last year, placing it in the 88th percentile in the nation and the 92nd percentile in Ohio. With the national average at 44.46% and Ohio’s average at 51.13%, Youngstown experiences a higher cloud cover percentage. However, with varying cloud cover throughout the year, there are still plenty of sunny days to harness solar energy.
Youngstown Ohio Electricity Costs
Youngstown Ohio residents pay about $0.12/kw for electricity, making it in the 45th percentile in the nation and the 13th percentile in Ohio. With the national average at $0.13/kw and Ohio’s average at $0.12/kw, Youngstown enjoys relatively lower electricity costs. By investing in solar panels, residents can further reduce their electricity expenses and contribute to a greener environment.
When could you expect to break even on a solar installation in Youngstown Ohio?
Considering the weather and electricity costs in Youngstown Ohio, 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:
- Youngstown Ohio receives slightly more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Youngstown Ohio are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Youngstown Ohio is slightly higher than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Youngstown Ohio 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, reducing the amount needed from the grid, resulting in savings on electricity bills.
- With lower electricity costs in Youngstown Ohio, the annual savings may be slightly lower compared to other areas.
After analyzing the data, it appears that it would take around 6 years to cover the initial cost of the solar panels in Youngstown Ohio. This means that after 6 years, the money saved on electricity bills will start to offset the investment. Since solar panels have a long lifespan, the savings will continue for many years beyond that initial period. Investing in solar panels is a wise financial decision that also benefits the environment in the long run!
Investing in solar power in Youngstown Ohio
After analyzing weather trends, electricity costs, and potential savings, it is evident that investing in solar panels in Youngstown Ohio could lead to significant financial benefits. With slightly above average precipitation, sufficient sunlight, and lower electricity costs compared to the national average, residents in Youngstown can expect to break even on their solar panel investment in about 6 years. This initial cost will then translate into long-term savings on electricity bills, making it a smart financial choice that also contributes to a greener environment in the long run.