Overview
Discover the financial benefits of installing solar panels in Yuma, Tennessee. By analyzing weather data and electricity costs over the course of a year, we can show you how much money you could potentially save by switching to solar energy. Learn about the costs of a solar system and estimate how long it will take to break even on your investment. Let us help you make an informed decision about going solar in Yuma.
Yuma Tennessee Weather Trends
Yuma Precipitation
With 45.34 inches of precipitation in the last year, Yuma, Tennessee falls below the national average of 50.61 inches. Compared to the rest of Tennessee, Yuma receives significantly less rainfall, ranking in the 2nd percentile in the state. By harnessing solar energy, you can take advantage of the abundant sunshine in Yuma to power your home efficiently.
Yuma’s UV Rating
Yuma, Tennessee boasts an average UV rating of 4.79, placing it in the 73rd percentile nationwide and the 75th percentile within the state. With a higher UV rating than both the national and state averages, Yuma is a prime location for solar panel installation. By tapping into the sun’s energy, you can reduce your reliance on traditional electricity sources.
Yuma’s Cloud Cover
At an average of 41% cloud cover, Yuma, Tennessee enjoys clearer skies compared to the national average of 44.46%. In Tennessee, Yuma ranks in the 14th percentile for cloud cover. With numerous days of minimal cloud cover, Yuma provides ample sunlight for solar panels to generate electricity efficiently. Embracing solar power can lead to substantial energy savings in Yuma.
Yuma Tennessee Electricity Costs
With electricity costs at $0.1/kw, Yuma, Tennessee residents pay less than the national average of $0.13/kw. In comparison to the rest of the state, Yuma falls below the average residential electricity rate of $0.11/kw. By investing in solar panels for your home, you can offset rising electricity costs and potentially save money in the long run.
When could you expect to break even on a solar installation in Yuma Tennessee?
Considering the weather and electricity costs in Yuma Tennessee, 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:
- Yuma Tennessee receives slightly less precipitation compared to the national average, and it has good UV ratings for generating solar power.
- Although the cloud cover in Yuma Tennessee is slightly lower than the national average, there are variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Yuma Tennessee pay less for electricity compared to the national average, which is a cost-saving factor.
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 need to buy as much from the grid.
- With Yuma Tennessee’s lower electricity rates, the savings are considerable.
After crunching 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 saved on electricity bills will begin to accumulate and compensate for the investment. Remember, solar panels have a long lifespan, so after that initial period, you’ll continue to enjoy those savings for many years to come. It’s a wise way to save money and contribute to environmental conservation simultaneously!
Investing in solar power in Yuma Tennessee
Based on the analysis of weather trends in Yuma, Tennessee and the current electricity costs, investing in solar panels can be a financially beneficial decision for residents of the area. With below-average precipitation, high UV ratings, and minimal cloud cover, Yuma offers an ideal environment for harnessing solar energy. Additionally, the lower electricity costs in Yuma compared to the national average contribute to significant potential savings over time. By breaking even on the initial investment in approximately 7 years, residents can enjoy long-term financial benefits and contribute to environmental conservation. Switching to solar power in Yuma is a smart choice for both your wallet and the planet.