Overview
Are you a resident of Franklin, Maine considering investing in solar panels for your home? In this article, we will break down the financial benefits of installing a solar system in your area using weather data and electricity costs specific to Franklin. By examining average precipitation, UV ratings, percentage of cloud cover, and electricity expenses over 365 days, we will show you how much you can save on your energy bills and estimate how long it will take for your solar system to pay for itself.
Franklin Maine Weather Trends
Franklin Precipitation
With Franklin, Maine receiving 31.95 inches of precipitation annually, it falls below the national average of 50.61 inches, and significantly less than Maine’s average of 73.85 inches. By harnessing the power of solar panels in a location with lower precipitation levels, you can reap the benefits of solar energy even more efficiently.
Franklin’s UV Rating
Franklin, Maine boasts an impressive average UV rating of 6.52, surpassing both the national and state averages. With such high UV ratings, Franklin offers an ideal environment for solar energy production. By harnessing this abundant sunlight, you can maximize your solar panel system’s efficiency and savings.
Franklin’s Cloud Cover
Franklin, Maine experiences an average of 42% cloud cover, which is lower than both the national and state averages. With fewer cloudy days, Franklin provides more opportunities for your solar panels to generate electricity. Taking advantage of these clear skies can result in increased energy production and greater cost savings for Franklin residents.
Franklin Maine Electricity Costs
Residents of Franklin, Maine pay about $0.17/kw for electricity, higher than the national average but slightly lower than the state average. By investing in solar panels, you can significantly reduce or even eliminate your electricity bills over time. With the potential to generate your own clean energy, the long-term financial benefits of solar power in Franklin are clear.
When could you expect to break even on a solar installation in Franklin Maine?
Considering the weather and electricity costs in Franklin 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:
- Franklin Maine receives less precipitation compared to the national average, making it a good location for solar panels.
- The UV ratings in Franklin Maine are higher than the national average, which is great for generating solar power efficiently.
- Cloud cover in Franklin Maine is slightly lower than the national average, providing more sunlight for solar panels to work effectively.
Now, let’s consider the electricity costs:
- Residents in Franklin Maine pay slightly more for electricity compared to the national average, at $0.17/kw.
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 and saving money on electricity bills.
- With Franklin Maine’s higher electricity rates, the savings from using solar power are even greater.
After analyzing the data, it appears that it would take around 6-7 years to cover the initial cost of the solar panels in Franklin Maine. Following this period, the money saved on electricity bills will begin to accumulate and repay the investment. Plus, with solar panels lasting up to 30 years, you’ll continue to enjoy those savings for a long time after the initial investment is recovered. Installing solar panels is a smart and sustainable way to save money and contribute to a cleaner environment!
Investing in solar power in Franklin Maine
With Franklin, Maine’s favorable weather conditions and electricity costs, investing in solar panels can lead to significant financial benefits. By harnessing the abundant sunlight and lower precipitation levels in Franklin, residents can expect to break even on their initial investment in solar panels within 6-7 years. Not only will this lead to long-term savings on electricity bills, but it also offers a sustainable way to contribute to a cleaner environment. Making the switch to solar power in Franklin, Maine is a wise choice for both your wallet and the planet.