Overview
In North Arlington, New Jersey, installing solar panels on your home can lead to substantial financial savings over time. By analyzing weather data and electricity costs specific to the area, we can show you how much you can expect to save by making the switch to solar energy. With detailed cost breakdowns and estimates on how long it will take to break even, this article will demonstrate the financial benefits of going solar in North Arlington.
North Arlington New Jersey Weather Trends
North Arlington Precipitation
In the last year, North Arlington, New Jersey received 70.57 inches of precipitation, which is higher than the national average of 50.61 inches but slightly lower than the state average of 65.31 inches. With a higher than average amount of rainfall, North Arlington is a great location for harnessing solar energy to power your home throughout the year.
North Arlington’s UV Rating
North Arlington, New Jersey had an average UV rating of 4.04 in the last year, which is lower than both the national average of 4.29 and the state average of 4.58. With moderate UV exposure, you can benefit from installing solar panels on your home to take advantage of the sun’s energy and reduce your reliance on traditional power sources.
North Arlington’s Cloud Cover
In the last year, North Arlington, New Jersey had an average of 46% cloud cover, which is slightly higher than the national average of 44.46% and the state average of 45.99%. Despite some cloud cover, North Arlington still experiences a significant number of clear days, making it a suitable location for solar energy production to power your home efficiently.
North Arlington New Jersey Electricity Costs
North Arlington residents pay around $0.17 per kilowatt-hour for electricity, which is higher than both the national average of $0.13/kw and the state average of $0.16/kw. By switching to solar panels, you can reduce your reliance on conventional electricity sources and save money in the long run, especially given the higher-than-average electricity costs in the area.
When could you expect to break even on a solar installation in North Arlington New Jersey?
Considering the weather and electricity costs in North Arlington, 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:
- North Arlington receives more precipitation than the national average, but it still has enough sunshine for solar panels to work effectively.
- The UV ratings in North Arlington are slightly lower than the national average, but still suitable for generating solar power.
- The cloud cover in North Arlington is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in North Arlington 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 North Arlington, the savings will be higher.
After analyzing the numbers, it looks like it would take around 5-6 years to cover the initial cost of the solar panels. This means that after 5-6 years, the money saved on electricity bills will start to pay off the investment. Also, considering the long lifespan of solar panels, the savings will continue for many years to come. Investing in solar panels not only saves money but also helps the environment. It’s a wise decision for the long term!
Investing in solar power in North Arlington New Jersey
Switching to solar energy in North Arlington, New Jersey can lead to significant financial savings over time. By analyzing weather data and electricity costs specific to the area, it is evident that installing solar panels is a wise investment. Despite some cloud cover and lower UV ratings compared to national averages, North Arlington still offers ample sunshine for solar energy production. With electricity costs higher than the national average, the initial investment in solar panels can be recouped in around 5-6 years. Not only will you save money in the long run, but you will also contribute to a more sustainable future. Making the switch to solar power in North Arlington is a smart choice for both your wallet and the environment.