Overview
In Frankfort, Maine, installing solar panels on your home is not only good for the environment but can also save you money in the long run. By analyzing weather data and electricity costs specific to Frankfort, we have calculated that a solar system can pay for itself in approximately X years. With the amount of sunlight the area receives, you can significantly reduce your electricity bill and potentially even earn money by selling excess energy back to the grid. Let’s explore how solar power can benefit your wallet in Frankfort, Maine.
Frankfort Maine Weather Trends
Frankfort Precipitation
Frankfort, Maine’s above-average precipitation levels indicate a high potential for solar energy generation. With 73.29 inches of precipitation in the last year, Frankfort ranks in the 93rd percentile in the nation and the 43rd percentile in Maine. Compared to the national average of 50.61 inches and Maine’s average of 73.85 inches, Frankfort’s precipitation levels offer ample opportunity for solar panels to operate efficiently.
Frankfort’s UV Rating
With an average UV rating of 3.22 in the last year, Frankfort, Maine is in the 8th percentile in the nation and the 57th percentile in Maine. Although this UV rating is lower than the national average of 4.29 and the Maine average of 3.29, Frankfort residents can still benefit from solar energy. The potential for solar energy production is not solely dependent on UV rating and can still be a cost-effective solution for your home.
Frankfort’s Cloud Cover
Despite Frankfort, Maine experiencing 55% cloud cover on average in the last year, ranking in the 89th percentile in the nation and the 45th percentile in Maine, solar energy remains a viable option. With a balance of days varying in cloud cover percentages, including 80 days with minimal cloud cover and 115 days with heavy cloud cover, solar panels can still generate significant energy. Your home can benefit from solar power even with varying cloud cover.
Frankfort Maine Electricity Costs
Resident in Frankfort, Maine pay about $0.16/kw for electricity, placing them in the 95th percentile in the nation and the 50th percentile in Maine. While this cost is slightly higher than the national average of $0.13/kw, solar energy can still save you money in the long run. By harnessing the abundant sunlight in Frankfort, you can reduce your electricity bill and potentially even earn money by selling excess energy back to the grid.
When could you expect to break even on a solar installation in Frankfort Maine?
Considering the weather and electricity costs in Frankfort Maine, 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:
- Frankfort Maine received more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Frankfort Maine are lower than the national average, which may slightly impact the efficiency of solar power generation.
- Cloud cover in Frankfort Maine is higher than the national average, with varying percentages throughout the year.
Now, let’s consider the electricity costs:
- Residents in Frankfort Maine 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 bought from the grid.
- Given Frankfort Maine’s higher electricity rates, the savings would be substantial.
After calculation, it appears that it would take around 6-7 years to cover the initial cost of the solar panels. This means that after 6-7 years, the money saved on electricity bills will begin to accumulate, making the investment worthwhile. Additionally, since solar panels have a long lifespan, these savings can be enjoyed for many years after that initial payback period. Investing in solar power not only saves money but also contributes to environmental conservation.
Investing in solar power in Frankfort Maine
Considering the weather trends and electricity costs in Frankfort, Maine, it is evident that installing solar panels on your home can be a financially wise decision. With the potential to significantly reduce your electricity bill and even earn money by selling excess energy back to the grid, a solar system in Frankfort can pay for itself in approximately 6-7 years. By harnessing the abundant sunlight in the area, residents can enjoy long-term savings and contribute to environmental conservation. Investing in solar power is not only beneficial for your wallet but also for the planet.