Overview
Are you a Epping New Hampshire resident looking to save money on your electricity bills while also helping the environment? In this article, we will discuss the financial benefits of installing solar panels on your home in Epping. By analyzing weather data specific to the area and breaking down the costs of a solar system, we will show you how you can potentially break even on your investment in a reasonable amount of time. Find out how solar panels can help you save money and make a positive impact on the planet in Epping, New Hampshire.
Epping New Hampshire Weather Trends
Epping Precipitation
With Epping New Hampshire receiving 73.21 inches of precipitation in the last year, it is evident that the town sees a significant amount of rainfall. This puts Epping in the 93rd percentile nationally, highlighting the ample opportunity for solar panels to harness this natural resource. Compared to the New Hampshire average of 73.01 inches and the national average of 50.61 inches, Epping’s precipitation levels provide an ideal environment for solar energy production.
Epping’s UV Rating
Having an average UV rating of 3.51, Epping New Hampshire offers a favourable climate for solar energy generation. While ranking in the 19th percentile nationally, the town stands at the 85th percentile within New Hampshire. Comparing the national average UV rating of 4.29 and New Hampshire’s average of 3.25, Epping’s UV levels are conducive to efficient solar panel performance. Additionally, with an average max UV rating of 3.75, Epping further solidifies its position as a prime location for solar energy.
Epping’s Cloud Cover
With an average cloud cover of 51%, Epping New Hampshire experiences a moderate amount of cloudiness. Ranking in the 78th percentile nationally and the 15th percentile in the state, Epping’s cloud cover is suitable for consistent solar energy production. The town’s distribution of cloud cover days allows for a balance between sunshine and cloudiness, leading to reliable solar panel output throughout the year.
Epping New Hampshire Electricity Costs
At $0.19/kw, Epping residents pay above the national average of $0.13/kw for electricity, positioning the town in the 97th percentile nationally and the 88th percentile within New Hampshire. By installing solar panels, Epping residents can take advantage of their town’s higher electricity costs to save on their energy bills. With the potential for substantial savings, investing in solar power can lead to long-term financial benefits for Epping homeowners.
When could you expect to break even on a solar installation in Epping New Hampshire?
Considering the weather and electricity costs in Epping, New Hampshire, 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:
- Epping gets more precipitation than the national average, but it still receives enough sunlight for solar panels to be effective.
- The UV ratings in Epping are slightly lower than the national average, but they are still sufficient for generating solar power.
- Cloud cover in Epping is slightly higher than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Epping pay 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, which means we don’t need to buy as much from the grid.
- Considering Epping’s higher electricity rates, the savings from using solar power would be even more significant.
After doing the calculations, it appears that it would take around 6-7 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will begin to accumulate and offset the investment. Furthermore, since solar panels have a long lifespan, the savings will continue for many years after the initial break-even point. Investing in solar panels is a smart financial decision that not only saves money but also contributes to a cleaner and more sustainable future!
Investing in solar power in Epping New Hampshire
After analyzing the weather data specific to Epping, New Hampshire, and breaking down the costs of a solar system, it is evident that investing in solar panels can be a beneficial decision for residents. With the town’s ample precipitation, favorable UV ratings, moderate cloud cover, and above-average electricity costs, Epping offers an ideal environment for solar energy production. Based on the calculations, it is estimated that homeowners in Epping could break even on their investment in solar panels within 6-7 years, leading to long-term savings and a positive impact on the environment. By taking advantage of Epping’s unique conditions, residents can not only save money on their electricity bills but also contribute to a cleaner and more sustainable future for the town and beyond.