Overview
In Harrison, New Jersey, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs over 365 days, we can show you how a solar system can save you money in the long run. With an overview of the cost of a solar system and how quickly you can expect to break even, this article will demonstrate why going solar is a wise investment for Harrison residents.
Harrison New Jersey Weather Trends
Harrison Precipitation
With 71.86 inches of precipitation in the last year, Harrison, New Jersey is in the 91st percentile in the nation and the 86th percentile in the state. Compared to the national average of 50.61 inches and New Jersey’s average of 65.31 inches, Harrison experiences significantly more rain. By harnessing this abundant natural resource through solar panels, residents can take advantage of free energy from the sun, reducing their reliance on traditional electricity sources.
Harrison’s UV Rating
With an average UV rating of 4.02, Harrison, New Jersey is in the 46th percentile nationally and the 48th percentile in the state. Despite not having the highest UV levels, solar panels can still efficiently generate electricity even on cloudy days. By installing solar panels, residents can tap into clean energy while also reducing their carbon footprint, contributing to a healthier environment for themselves and future generations.
Harrison’s Cloud Cover
With an average of 47% cloud cover, Harrison, New Jersey is in the 62nd percentile in the nation and the 73rd percentile in the state. While the area does experience varying levels of cloud cover, there are still plenty of sunny days suitable for solar energy production. By investing in solar panels, residents can offset their electricity costs and potentially even generate surplus energy for the grid during sunnier periods, further maximizing their savings.
Harrison New Jersey Electricity Costs
Residents of Harrison, New Jersey pay about $0.17/kw for electricity, placing them in the 96th percentile nationally and the 73rd percentile in the state. Although electricity prices in the area are higher than the national average of $0.13/kw and New Jersey’s average of $0.16/kw, installing solar panels can help lower energy bills over time. By making the switch to solar power, residents can protect themselves against future electricity price hikes and enjoy long-term savings on their utility expenses.
When could you expect to break even on a solar installation in Harrison New Jersey?
Considering the weather and electricity costs in Harrison, New Jersey, 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:
- Harrison, New Jersey receives more precipitation than the national average, but still has enough sunny days for solar panels to effectively generate power.
- The UV ratings in Harrison are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Harrison is about average for the country, with some fluctuation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Harrison 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 amount needed from the grid.
- With higher electricity rates in Harrison, the savings from using solar power are even greater.
After analyzing the data, it appears that it would take around 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels last for many years, you will continue to enjoy these savings for a long time. Investing in solar panels is a wise decision for both saving money and contributing to a greener environment!
Investing in solar power in Harrison New Jersey
Installing solar panels in Harrison, New Jersey is a smart choice for residents looking to save money and reduce their carbon footprint. With abundant precipitation, decent UV ratings, and a manageable amount of cloud cover, the area is suitable for harnessing solar energy. Despite higher electricity costs, investing in a solar system can lead to significant savings over time. Analyzing the data, it is estimated that it would take around 5 years to break even on the initial investment, after which residents can enjoy long-term financial benefits. By going solar, residents can protect themselves against rising electricity prices and help create a cleaner, greener environment for future generations.