Overview
Discover how installing solar panels on your Gilsum, New Hampshire home can save you money in the long run. By analyzing weather data and electricity costs, we break down the financial benefits of switching to solar energy. With the potential for significant savings and a reduced environmental impact, find out how quickly you can recoup the cost of your solar system and start putting money back in your pocket.
Gilsum New Hampshire Weather Trends
Gilsum Precipitation
With Gilsum receiving 66.54 inches of precipitation in the last year, it falls in the 83rd percentile in the nation. Compared to the rest of New Hampshire, Gilsum is in the 15th percentile. This means that Gilsum experiences more precipitation than the national average of 50.61 inches but less than the New Hampshire average of 73.01 inches. By harnessing this abundant natural resource, homeowners can benefit financially and environmentally.
Gilsum’s UV Rating
The average UV rating in Gilsum over the last year was 3.36, placing it in the 13th percentile in the nation. In comparison to the rest of New Hampshire, Gilsum ranks higher at the 66th percentile. Even though Gilsum’s UV rating is below the national average of 4.29, it surpasses the average of 3.25 in New Hampshire. This means that with sufficient sunlight exposure, residents can maximize the efficiency of their solar panels and save money on their energy bills.
Gilsum’s Cloud Cover
Gilsum experienced an average cloud cover of 54% in the last year, ranking it in the 87th percentile nationally. In comparison to the state, Gilsum falls in the 53rd percentile. The national average for cloud cover is 44.46%, while New Hampshire’s average is slightly higher at 55.38%. The variation in cloud cover throughout the year in Gilsum provides residents with ample opportunity to generate solar energy and reduce their dependence on traditional utility sources.
Gilsum New Hampshire Electricity Costs
Residents of Gilsum pay about $0.19/kw for electricity, positioning the town in the 97th percentile nationally. In contrast, Gilsum ranks in the 63rd percentile within New Hampshire. The national average for residential electricity costs is $0.13/kw, slightly lower than Gilsum’s rate. While New Hampshire’s average matches Gilsum’s at $0.19/kw, investing in solar panels can help residents offset these costs over time and contribute to a more sustainable future.
When could you expect to break even on a solar installation in Gilsum New Hampshire?
Considering the weather and electricity costs in Gilsum, 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:
- Gilsum gets more rain than the national average, but it still has enough sunlight for solar panels to work effectively.
- The UV ratings in Gilsum are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Gilsum is higher than the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Gilsum 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, reducing the need to purchase as much from the grid.
- With Gilsum’s higher electricity rates, the savings from solar power are even more significant.
After analyzing the data, it appears that it would take approximately 8 years to cover the initial cost of the solar panels. This means that after 8 years, the money saved on electricity bills will begin to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, you will continue to enjoy these savings for many years to come. Installing solar panels is a wise way to save money and contribute to environmental sustainability!
Investing in solar power in Gilsum New Hampshire
After analyzing the weather trends and electricity costs in Gilsum, New Hampshire, it is evident that installing solar panels can be a financially beneficial decision for homeowners. With abundant sunlight despite higher precipitation and cloud cover, residents can generate significant savings on their electricity bills. Considering the higher electricity rates in Gilsum, the investment in solar panels can be recouped in approximately 8 years, leading to long-term savings and a more sustainable future. By harnessing the power of solar energy, residents can not only save money but also reduce their environmental impact, making it a wise and beneficial choice for homeowners in Gilsum, New Hampshire.