Overview
Are you looking to save money on your electricity bills and reduce your impact on the environment? In Long Branch, New Jersey, installing solar panels on your home can be a smart financial decision. By analyzing weather data and electricity costs over the course of a year, we will show you how much you can save by switching to solar energy. With a breakdown of the installation costs and a projection of how long it will take to break even, you can see the long-term benefits of making the switch to solar power in Long Branch.
Long Branch New Jersey Weather Trends
Long Branch Precipitation
In the last year, Long Branch New Jersey received 65.39 inches of precipitation, placing it in the 81st percentile in the nation and the 50th percentile in New Jersey. Compared to the national average of 50.61 inches, Long Branch gets more rain. However, when looking at New Jersey’s average of 65.31 inches, Long Branch falls right in line with the state’s typical precipitation levels.
Long Branch’s UV Rating
Over the last year, Long Branch New Jersey had an average UV rating of 3.99, ranking it in the 45th percentile nationally and the 37th percentile within New Jersey. Although Long Branch’s average UV rating is slightly below the national average of 4.29, it is still close to New Jersey’s average of 4.04. Additionally, Long Branch’s average max UV rating of 4.1, while lower than the national average, is on par with New Jersey’s average.
Long Branch’s Cloud Cover
Long Branch New Jersey experienced an average of 44% cloud cover over the past year, placing it in the 52nd percentile in the nation and the 21st percentile in New Jersey. While Long Branch’s cloud cover percentage is similar to the national average of 44.46%, it is lower than New Jersey’s average of 45.99%. The distribution of cloud cover days in Long Branch demonstrates a balance of clear and cloudy skies, providing ample opportunity for solar panel energy generation.
Long Branch New Jersey Electricity Costs
Residents of Long Branch pay around $0.13/kw for electricity, positioning the city in the 71st percentile nationally and the 9th percentile in New Jersey. Despite the fact that Long Branch’s electricity costs are below the national average of $0.13/kw, they are even lower than the state’s average of $0.16/kw. By switching to solar power, Long Branch residents can further reduce their utility expenses and take advantage of the abundant sunlight the city receives.
When could you expect to break even on a solar installation in Long Branch New Jersey?
Considering the weather and electricity costs in Long Branch, 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:
- Long Branch gets more rain than the national average, but still enough sun for solar panels to be effective.
- The UV ratings in Long Branch are slightly lower than the national average, but still good for generating solar power.
- Cloud cover in Long Branch is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Long Branch pay about the same 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 as much from the grid.
- With Long Branch’s average electricity rates, the savings will gradually add up over time.
After analyzing the numbers, it seems like it would take around 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will start to compensate for the investment. Keep in mind that solar panels have a long lifespan, so beyond that initial period, you’ll continue to benefit from those savings for many years. It’s a wise investment that not only saves money but also contributes to a greener environment!
Investing in solar power in Long Branch New Jersey
With the weather data and electricity costs in Long Branch, New Jersey in mind, it is evident that switching to solar power can be a financially advantageous decision. By analyzing the average precipitation, UV ratings, and cloud cover, along with the cost of electricity in the area, we have determined that it would take approximately 6 years to break even on a solar panel installation. Beyond that point, the savings on electricity bills will continue to accrue, making it a wise long-term investment that not only saves money but also contributes to a more sustainable environment.