Overview
Are you tired of constantly rising electricity bills in Orange, New Jersey? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data specific to Orange, including average precipitation, UV ratings, and cloud cover, we can determine how much you can save on your electricity costs. In this article, we break down the cost of a solar system and estimate how long it will take for you to break even, so you can start enjoying the financial benefits of going solar.
Orange New Jersey Weather Trends
Orange Precipitation
With Orange, New Jersey receiving 70.13 inches of precipitation in the last year, you can take advantage of the natural resources available to you. Compared to the rest of the country, Orange is in the 89th percentile for total precipitation, making it an ideal location for harnessing solar energy. Even within New Jersey, Orange ranks in the 73rd percentile for precipitation, showcasing its potential for solar energy production.
Orange’s UV Rating
Orange, New Jersey had an average UV rating of 4.02 in the last year, placing it in the 46th percentile in the nation. This means that Orange enjoys a moderate amount of sunlight, making it suitable for solar panel installation. When compared to the national and state averages of UV ratings, Orange holds its own, standing at the 49th percentile for New Jersey. With an average max UV rating of 4.29, the potential for solar energy generation in Orange is clear.
Orange’s Cloud Cover
Despite having an average of 46% cloud cover in the last year, Orange, New Jersey remains a prime location for solar panel installation. The city ranks in the 59th percentile in the nation for cloud cover, indicating ample sunlight for solar energy production. With over 100 days of the year having less than 25% cloud cover, Orange provides consistent opportunities for solar power generation throughout the year.
Orange New Jersey Electricity Costs
Residents in Orange, New Jersey pay around $0.17/kw for electricity, placing the city in the 96th percentile nationally. While this cost may seem high, investing in solar panels can significantly reduce or even eliminate your electricity bills over time. With the national average for residential electricity at $0.13/kw and New Jersey’s average at $0.16/kw, going solar in Orange can lead to substantial savings in the long run.
When could you expect to break even on a solar installation in Orange New Jersey?
Considering the weather and electricity costs in Orange 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:
- Orange New Jersey receives more precipitation than the national average, but there is still enough sunlight for solar panels to be effective.
- The UV ratings in Orange New Jersey are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Orange New Jersey is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Orange New Jersey residents pay more for electricity compared to the national average.
With this information, let’s break down the costs:
- A standard 10kW solar system 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, which reduces the need to buy electricity from the grid.
- With Orange New Jersey’s higher electricity rates, the savings from using solar power are even greater.
After analyzing the numbers, it appears that it would take around 5-7 years to cover the initial cost of the solar panels. This means that after 5-7 years, the money saved on electricity bills will start to offset the investment. Additionally, since solar panels have a lifespan of 25-30 years, the savings will continue for many more years. Investing in solar panels not only saves money in the long run but also contributes to a cleaner and more sustainable environment.
Investing in solar power in Orange New Jersey
Installing solar panels in Orange, New Jersey can be a smart financial decision given the city’s weather patterns and electricity costs. With above-average precipitation, moderate UV ratings, and manageable cloud cover, Orange provides a conducive environment for solar energy production. Additionally, despite high electricity costs, investing in solar panels can lead to significant savings over time. Based on our analysis, it would take roughly 5-7 years to break even on a solar panel investment in Orange. Not only does going solar save money in the long run, but it also promotes environmental sustainability. Consider the potential benefits of solar energy for your home in Orange, New Jersey.