Overview
Discover how installing solar panels on your home in Maple Shade, New Jersey can save you money in the long run. By analyzing weather data and electricity costs specific to your area, we will show you the financial benefits of making the switch to solar power. With a breakdown of the cost of a solar system and an estimate of how quickly you can recoup your investment, you’ll see just how much you can save by going solar.
Maple Shade New Jersey Weather Trends
Maple Shade Precipitation
In the last year, Maple Shade New Jersey received 58.84 inches of precipitation, ranking it in the 68th percentile in the nation and the 12th percentile in New Jersey. Compared to the national average of 50.61 inches, Maple Shade sees slightly higher levels of precipitation. With New Jersey’s average at 65.31 inches, Maple Shade experiences moderate rainfall compared to other areas in the state.
Maple Shade’s UV Rating
Maple Shade New Jersey had an average UV rating of 4.27 in the last year, placing it in the 57th percentile in the nation and the 97th percentile in New Jersey. While slightly lower than the national average of 4.29, Maple Shade’s UV rating surpasses the state average of 4.04. The average max UV rating of 4.6 also indicates ample sunlight for solar panel efficiency despite being lower than the national average of 4.61.
Maple Shade’s Cloud Cover
With an average of 45% cloud cover in the last year, Maple Shade ranks in the 53rd percentile in the nation and the 25th percentile in New Jersey. This moderate cloud cover offers a balance for solar energy production, allowing for sufficient sunlight to generate power. The distribution of cloud cover throughout the year provides opportunities for consistent solar energy generation.
Maple Shade New Jersey Electricity Costs
Maple Shade residents pay about $0.17/kw for electricity, placing them in the 96th percentile in the nation and the 73rd percentile in New Jersey. While slightly higher than the national average of $0.13/kw, Maple Shade’s electricity costs remain competitive within the state at $0.16/kw. By investing in solar panels, residents can reduce their reliance on grid electricity and take control of their energy costs.
When could you expect to break even on a solar installation in Maple Shade New Jersey?
Considering the weather and electricity costs in Maple Shade, 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:
- Maple Shade gets slightly more rain than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Maple Shade are just below the national average, but they are still suitable for generating solar power.
- Cloud cover in Maple Shade is about average for the country, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Maple Shade pay a bit 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 solar system generates electricity, reducing the amount needed from the grid.
- With higher electricity rates in Maple Shade, the savings from solar power are even more significant.
After analyzing the numbers, it appears that it would take around 4 to 6 years to cover the initial cost of the solar panels in Maple Shade. This means that after this initial period, the savings on electricity bills will begin to accumulate and eventually pay off the investment. And don’t forget, solar panels have a long lifespan, so you’ll continue benefiting from these savings for many years to come. Investing in solar power is not only a smart financial decision, but it’s also environmentally friendly, making it a win-win situation!
Investing in solar power in Maple Shade New Jersey
By analyzing the weather data and electricity costs specific to Maple Shade, New Jersey, it is clear that installing solar panels can lead to significant long-term savings. With slightly higher precipitation levels, suitable UV ratings, and moderate cloud cover, Maple Shade provides the ideal conditions for solar energy generation. Despite electricity costs being slightly above the national average, investing in solar power can help residents reduce their reliance on grid electricity and take control of their energy costs. The analysis shows that it would take approximately 4 to 6 years to break even on the initial cost of a solar system, after which significant savings on electricity bills can be realized. Overall, choosing solar power is a smart financial decision with lasting benefits for both your wallet and the environment.