Overview
Thinking about installing solar panels on your home in Gillette, New Jersey? You’ll be happy to know that the financial benefits are significant. By analyzing weather data and electricity costs specific to Gillette, we’ll show you how much you could save in the long run. With a breakdown of the cost of a solar system and an estimate of how long it will take to break even, you’ll see why going solar is a smart investment for your wallet.
Gillette New Jersey Weather Trends
Gillette Precipitation
In the last year, Gillette New Jersey received 72.07 inches of precipitation, placing it in the 91st percentile in the nation and the 88th percentile in New Jersey. Compared to the national average of 50.61 inches and New Jersey’s average of 65.31 inches, Gillette sees a significant amount of rain. By harnessing solar energy, you can reduce your carbon footprint and take advantage of the ample sunlight that Gillette receives.
Gillette’s UV Rating
In the last year, Gillette New Jersey had an average UV rating of 3.96, putting it in the 43rd percentile in the nation and the 30th percentile in New Jersey. With a national average of 4.29 and New Jersey’s average of 4.04, Gillette enjoys a moderate amount of sunny days perfect for solar energy generation. By installing solar panels, you can make use of this sun exposure to power your home and save on electricity costs.
Gillette’s Cloud Cover
In the last year, Gillette New Jersey had an average of 47% cloud cover, placing it in the 61st percentile in the nation and the 67th percentile in New Jersey. With the national average for average cloud cover at 44.46% and New Jersey’s average at 45.99%, Gillette experiences a good balance of sunny and cloudy days. By investing in solar panels, you can still generate electricity even on partially cloudy days, maximizing your savings and energy efficiency.
Gillette New Jersey Electricity Costs
Gillette New Jersey residents pay about $0.13/kw for electricity, positioning the town in the 71st percentile in the nation and the 9th percentile in New Jersey. While the national average for residential electricity is also $0.13/kw, New Jersey’s average is slightly higher at $0.16/kw. By switching to solar power, you can protect yourself from rising electricity costs and potentially even generate excess energy to sell back to the grid, further increasing your savings.
When could you expect to break even on a solar installation in Gillette New Jersey?
Considering the weather and electricity costs in Gillette 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:
- Gillette New Jersey receives more precipitation than the national average, but still has enough sunshine for solar panels to be effective.
- The UV ratings in Gillette New Jersey are slightly lower than the national average, but are still suitable for generating solar power.
- Cloud cover in Gillette New Jersey is slightly higher than the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Gillette New Jersey pay the national average price for electricity, which is $0.13/kw.
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 Gillette New Jersey’s average electricity costs, the savings are moderate compared to other regions.
After running the numbers, it seems that it may take around 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the money saved on electricity bills will start to accumulate and offset the investment. Also, since solar panels have a long lifespan, the savings will continue for many years. Investing in solar panels is a practical way to save money and contribute to a cleaner environment!
Investing in solar power in Gillette New Jersey
Installing solar panels in Gillette, New Jersey is a wise financial decision. The town’s weather patterns and electricity costs make it an ideal location for solar energy generation. With a moderate UV rating, good balance of sunny and cloudy days, and average electricity costs, residents can expect to break even on their investment in solar panels in about 7-8 years. Not only will this lead to long-term savings on electricity bills, but it will also help reduce carbon footprint and contribute to a cleaner environment. By harnessing the ample sunlight in Gillette, switching to solar power is a smart investment for your wallet and the planet.