Overview
If you’re a resident of Towanda, Pennsylvania, you may be considering installing solar panels on your home to save money on electricity costs. By analyzing weather data and basic electricity rates specific to Towanda, we have calculated the cost of a solar system and estimated how long it will take to break even. This article will show you the financial benefits of investing in solar energy for your home in Towanda.
Towanda Pennsylvania Weather Trends
Towanda Precipitation
With an average of 59.08 inches of precipitation in the last year, Towanda Pennsylvania is in an advantageous position. This level places Towanda in the 52nd percentile in the state and the 68th percentile in the nation. Compared to the national average of 50.61 inches, and Pennsylvania’s average of 59.53 inches, Towanda’s precipitation levels offer great potential for harnessing solar energy to power homes efficiently.
Towanda’s UV Rating
In the last year, Towanda Pennsylvania had an average UV rating of 3.43, placing the town in the 23rd percentile in the state and the 16th percentile in the nation. Comparing this to the national average of 4.29 and Pennsylvania’s average of 3.82 shows that Towanda gets a moderate amount of solar energy. With an average max UV rating of 3.72, Towanda also sees favorable sunlight levels for solar panel efficiency, making it a strong contender for solar energy adoption.
Towanda’s Cloud Cover
Towanda Pennsylvania had an average of 58% cloud cover in the last year, ranking it in the 88th percentile in the state and the 93rd percentile in the nation. This level of cloud cover is higher than the national average of 44.46% and the state average of 51.8%. Despite this, Towanda still experienced a significant number of days with clear skies, making it a suitable candidate for solar energy generation.
Towanda Pennsylvania Electricity Costs
Residents in Towanda Pennsylvania pay around $0.14/kw for electricity, positioning the town in the 90th percentile in the state and the 88th percentile in the nation. Comparing this to the national average of $0.13/kw and Pennsylvania’s average of $0.13/kw, it is evident that Towanda’s electricity costs are slightly higher. By switching to solar energy, residents can save significantly on their electricity bills in the long run, making it a wise financial investment.
When could you expect to break even on a solar installation in Towanda Pennsylvania?
Considering the weather and electricity costs in Towanda, 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:
- Towanda gets more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Towanda are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Towanda is higher than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Towanda pay slightly more 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.
- With Towanda’s slightly higher electricity rates, the savings are significant.
After calculating, it appears that it would take around 4-6 years to cover the initial cost of the solar panels. This means, after that time, the money saved on electricity bills will start to accumulate and pay off the investment. And since solar panels last for a long time, you’ll continue to enjoy those savings for many years. It’s a wise financial choice and a step towards environmental sustainability!
Investing in solar power in Towanda Pennsylvania
Investing in solar panels for your home in Towanda, Pennsylvania can be a wise financial decision. By analyzing the weather data and electricity costs specific to the town, we have determined that it would take approximately 4-6 years to break even on the initial cost of a solar system. After this initial period, the savings on electricity bills will begin to accumulate, making it a financially beneficial choice in the long run. Considering the solar potential in Towanda and the slightly higher electricity costs, switching to solar energy is not only a smart financial investment but also a step towards environmental sustainability.