Overview
If you live in North Bloomfield, Ohio, you may be considering installing solar panels on your home. With the data we’ve collected on weather patterns and electricity costs specific to this area, we will show you the financial benefits of going solar. By breaking down the cost of a solar system and estimating the time it will take to break even, you can see the long-term savings that come with making the switch to solar energy.
North Bloomfield Ohio Weather Trends
North Bloomfield Precipitation
In the last year, North Bloomfield, Ohio received 60.98 inches of precipitation, ranking it in the 72nd percentile in the nation and the 96th percentile in Ohio. Compared to the national average of 50.61 inches and Ohio’s average of 51.17 inches, North Bloomfield experiences more rainfall. By harnessing this abundant rainfall with solar panels, residents can capitalize on renewable energy sources, reducing their reliance on traditional grid power.
North Bloomfield’s UV Rating
North Bloomfield, Ohio had an average UV rating of 3.53 in the last year, placing it in the 20th percentile nationwide and the 5th percentile in Ohio. With a lower UV rating compared to the national average of 4.29, you might think solar energy is less viable in North Bloomfield. However, this rating is still suitable for generating solar power, as evidenced by the increasing number of solar panel installations in Ohio. Harnessed properly, even these UV rays can contribute to significant energy savings.
North Bloomfield’s Cloud Cover
In the last year, North Bloomfield, Ohio had an average cloud cover of 54%, ranking it in the 87th percentile in the nation and the 89th percentile in Ohio. With varying degrees of cloud cover throughout the year, North Bloomfield residents might question the effectiveness of solar panels. Despite the cloud cover, solar technology has advanced to capture diffuse light, making it a practical choice for generating clean energy. Even on cloudy days, solar panels can still produce electricity, contributing to long-term savings.
North Bloomfield Ohio Electricity Costs
North Bloomfield, Ohio residents pay about $0.12/kw for electricity, positioning them in the 48th percentile in the nation and the 18th percentile in Ohio. With competitive electricity rates compared to the national average of $0.13/kw, transitioning to solar power can further reduce your energy costs. By generating your own electricity through solar panels, you can hedge against rising utility rates and enjoy long-term financial savings while reducing your carbon footprint.
When could you expect to break even on a solar installation in North Bloomfield Ohio?
Considering the weather and electricity costs in North Bloomfield Ohio, 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:
- North Bloomfield Ohio receives more precipitation compared to the national average, but there is still enough sunlight for solar panels to be effective.
- The UV ratings in North Bloomfield Ohio are slightly lower than the national average, but they are still sufficient for generating solar power.
- Cloud cover in North Bloomfield Ohio is slightly higher than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in North Bloomfield Ohio pay slightly 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 solar system generates electricity, reducing the amount needed from the grid and resulting in savings on electricity bills.
- With North Bloomfield Ohio’s lower electricity rates, the savings may take longer to pay off the initial investment.
After analyzing the data, it is estimated that it would take approximately 8-10 years to cover the initial cost of the solar panels in North Bloomfield Ohio. This means that after this period, the savings on electricity bills will start to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years, making it a wise financial decision in the long run while also contributing to environmental sustainability.
Investing in solar power in North Bloomfield Ohio
Installing solar panels in North Bloomfield, Ohio can be a smart financial decision with long-term benefits. Despite the higher precipitation and cloud cover in the area, the sufficient sunlight and lower electricity costs make solar energy a viable option for residents. By investing in a solar system, you can expect to break even in approximately 8-10 years, after which you will start saving on electricity bills. Not only does this contribute to financial savings, but it also promotes environmental sustainability. Making the switch to solar power in North Bloomfield is a step towards a greener future and a more cost-effective way to power your home.