Overview
Looking to save money on your electricity bills while also helping the environment? In this article, we will explore the financial benefits of installing solar panels on your home in Haworth, New Jersey. By analyzing the weather data and electricity costs specific to the area, we will show you how much you can save over time and estimate how long it will take for your solar system to pay for itself. Stay tuned to learn how going solar can be a smart investment for your home!
Haworth New Jersey Weather Trends
Haworth Precipitation
With Haworth, New Jersey receiving 71.46 inches of precipitation in the last year, it is evident that the area experiences a fair amount of rainfall. Compared to the rest of the country, Haworth falls in the 90th percentile, showcasing the significant amount of rain it receives. In comparison to the rest of New Jersey, Haworth is in the 84th percentile for total precipitation. Considering these statistics, the abundance of rainfall in Haworth makes it an ideal location for harnessing solar energy.
Haworth’s UV Rating
On average, Haworth, New Jersey had a UV rating of 3.99 in the past year. This places Haworth in the 45th percentile in the nation and the 38th percentile in New Jersey. While the UV rating in Haworth may not be as high as some other locations, it is still conducive to the generation of solar energy. With the national average for UV rating at 4.29, and New Jersey’s average at 4.04, Haworth’s UV rating is not far behind, making it a viable option for solar panel installation. Additionally, the average max UV rating of 4.27 in Haworth further supports the effectiveness of solar energy production in the area.
Haworth’s Cloud Cover
In the last year, Haworth, New Jersey had an average of 47% cloud cover, positioning it in the 64th percentile in the nation and the 81st percentile in New Jersey. While the cloud cover in Haworth may be slightly higher than the national average of 44.46%, and New Jersey’s average of 45.99%, the area still experiences a significant number of clear days. With 107 days having between 0% and 25% cloud cover, there are plenty of opportunities for solar panels to efficiently generate electricity.
Haworth New Jersey Electricity Costs
Residents of Haworth, New Jersey pay approximately $0.17/kw for electricity, placing the area in the 95th percentile in the nation and the 64th percentile in New Jersey. Compared to the national average of $0.13/kw and New Jersey’s average of $0.16/kw, it is clear that electricity costs in Haworth are higher. By installing solar panels, residents can significantly reduce their electricity bills while also contributing to a cleaner and greener environment.
When could you expect to break even on a solar installation in Haworth New Jersey?
Considering the weather and electricity costs in Haworth 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:
- Haworth New Jersey receives more precipitation than the national average, but it still has enough sunlight for solar panels to work effectively.
- The UV ratings in Haworth New Jersey are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Haworth New Jersey is about average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Haworth New Jersey 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 need to buy from the grid.
- With higher electricity rates in Haworth New Jersey, the savings are even greater.
After crunching the numbers, it looks like it would take around 6 years to cover the initial cost of the solar panels. After that, the money saved on electricity bills will start adding up and pay off the investment. Since solar panels last for many years, you’ll continue to enjoy those savings for decades to come. Investing in solar power is a smart way to save money and contribute to a greener environment!
Investing in solar power in Haworth New Jersey
Installing solar panels in Haworth, New Jersey can be a wise financial decision that benefits both your wallet and the environment. With higher than average precipitation, decent UV ratings, and manageable cloud cover, the area provides favorable conditions for harnessing solar energy. Despite electricity costs in Haworth being on the higher side, the savings generated by solar power can help you break even on your investment in approximately 6 years. By choosing solar energy, you not only save money in the long run but also reduce your carbon footprint. Consider going solar today and start enjoying the advantages it brings to your home!