Overview
Are you looking to save money on your electricity bills while also helping the environment? In this article, we will show you how installing solar panels on your home in Denver Pennsylvania can be a smart financial decision. By analyzing weather data and electricity costs specific to your area, we will break down the cost of a solar system and estimate how long it will take for you to break even on your investment. Stay tuned to learn how you can start saving money and reducing your carbon footprint with solar energy.
Denver Pennsylvania Weather Trends
Denver Precipitation
With 54.14 inches of precipitation in the last year, Denver Pennsylvania is in the 57th percentile in the nation and the 26th percentile in Pennsylvania. Compared to the national average of 50.61 inches, Denver sees slightly more rainfall. However, Pennsylvania as a whole receives more precipitation with an average of 59.53 inches per year.
Denver’s UV Rating
In the last year, Denver Pennsylvania had an average UV rating of 3.9, placing it in the 41st percentile in the nation and the 75th percentile in Pennsylvania. While the national average is slightly higher at 4.29, Pennsylvania’s average UV rating is lower at 3.82. The average max UV rating in Denver is 4.24, falling below the national average of 4.61 but surpassing Pennsylvania’s average of 4.12.
Denver’s Cloud Cover
With an average of 46% cloud cover, Denver Pennsylvania ranks in the 59th percentile in the nation and the 18th percentile in Pennsylvania. While the national average is 44.46%, Pennsylvania tends to experience more cloud cover at 51.8%. Denver had a range of cloud cover throughout the year, from clear days with 0-25% cloud cover to more overcast days with 75-100% cloud cover.
Denver Pennsylvania Electricity Costs
Residents in Denver Pennsylvania pay about $0.13/kw for electricity, positioning the area in the 68th percentile in the nation and the 41st percentile in Pennsylvania. While the national average for residential electricity costs is also $0.13/kw, Pennsylvania residents pay the same average rate. By investing in solar panels, you can reduce your reliance on grid electricity and potentially lower your monthly electricity bills.
When could you expect to break even on a solar installation in Denver Pennsylvania?
Considering the weather and electricity costs in Denver, Pennsylvania, 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:
- Denver gets slightly more rain than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Denver are a bit lower than the national average, but they are still good for generating solar power.
- Cloud cover in Denver is about average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Denver, Pennsylvania, pay the national average for electricity at $0.13/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:
- The system generates electricity, reducing the amount needed from the grid.
- With average electricity rates, the savings are steady over time.
After analyzing the data, it appears that it would take approximately 7 years to cover the initial cost of the solar panels. This means that after 7 years, the money saved on electricity bills will start accumulating and pay off the investment. Since solar panels have a long lifespan, those savings will continue for many years beyond that initial period. Investing in solar energy is not only financially beneficial but also environmentally friendly in the long run.
Investing in solar power in Denver Pennsylvania
Investing in solar panels for your home in Denver, Pennsylvania can be a smart financial decision that not only helps you save money on electricity bills but also reduces your carbon footprint. With the right weather conditions and average electricity costs in the area, it is estimated that you could break even on your investment in approximately 7 years. The long lifespan of solar panels ensures that you will continue to save money for many years to come. Make the switch to solar energy today and start reaping the benefits both financially and environmentally.