Overview
Thinking about installing solar panels on your home in Kirkwood, Delaware? You’ll be happy to know that the numbers are in your favor! By looking at weather data, electricity costs, and the cost of a solar system, we can estimate how quickly you can break even on your investment and start saving money. Let’s break it down for you.
Kirkwood Delaware Weather Trends
Kirkwood Precipitation
With 61.32 inches of precipitation in the last year, Kirkwood, Delaware is in the 73rd percentile in the nation and the 35th percentile in the state. This means that Kirkwood receives more rainfall than most places in the country and less than the Delaware average of 62.92 inches. By harnessing this water through solar panels, you can take advantage of a renewable energy source that will help you save money in the long run.
Kirkwood’s UV Rating
In the last year, Kirkwood, Delaware had an average UV rating of 4.22, placing it in the 55th percentile nationwide and the 44th percentile in Delaware. While the national average is slightly higher at 4.29, Delaware’s average UV rating is 4.34. With plenty of sunlight to power your solar panels, you can generate clean, sustainable energy and reduce your carbon footprint on a daily basis.
Kirkwood’s Cloud Cover
With an average of 44% cloud cover, Kirkwood, Delaware is in the 49th percentile in the nation and the 63rd percentile in the state. While the national average is only slightly higher at 44.46%, Delaware’s average cloud cover is 44.66%. With a good mix of sunny and cloudy days, you can still generate solar power even when the skies are not completely clear.
Kirkwood Delaware Electricity Costs
Residents of Kirkwood, Delaware pay about $0.12/kw for electricity, which is in the 59th percentile in the nation and the 44th percentile in the state. Compared to the national average of $0.13/kw, Kirkwood residents are already paying a slightly lower rate. By installing solar panels, you can further reduce your electricity costs and potentially earn money by selling excess energy back to the grid.
When could you expect to break even on a solar installation in Kirkwood Delaware?
Considering the weather and electricity costs in Kirkwood Delaware, 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:
- Kirkwood Delaware receives a bit more precipitation than the national average, but it still has enough sunlight for solar panels to function effectively.
- The UV ratings in Kirkwood Delaware are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Kirkwood Delaware is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Kirkwood Delaware pay a bit 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, which means less need to purchase from the grid.
- With Kirkwood Delaware’s slightly lower electricity rates, the savings are a bit lower compared to other areas.
After analyzing the data, it appears that it would take approximately 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will begin to accumulate and offset the investment. Moreover, since solar panels have a long lifespan, you’ll continue to benefit from these savings for many years to come. It’s a wise investment both financially and environmentally!
Investing in solar power in Kirkwood Delaware
After analyzing the weather patterns, electricity costs, and the investment in solar panels for Kirkwood, Delaware, it is clear that installing solar panels is a smart choice that can lead to significant savings in the long term. With the plentiful sunlight and slightly lower electricity costs in the area, homeowners can expect to break even on their investment in approximately 6 years. Not only will you be saving money on electricity bills, but you will also be contributing to a cleaner, more sustainable environment. So, if you’re considering solar panels for your home in Kirkwood, Delaware, go ahead and make the switch!