Overview
Are you a Franklinville resident looking to save money on electricity bills? Installing solar panels on your home could be the answer! By analyzing weather data and electricity costs specific to Franklinville, we can show you how investing in a solar system can lead to significant long-term savings. With an overview of the cost breakdown and estimated break-even time, you’ll see just how financially beneficial going solar can be for you.
Franklinville New York Weather Trends
Franklinville Precipitation
With Franklinville receiving 56.65 inches of precipitation in the last year, it is evident that the area experiences a fair amount of rain. However, when compared nationally, Franklinville falls below the average of 50.61 inches. In New York, Franklinville also ranks lower than the state’s average of 63.5 inches. Despite the higher percentile in New York, the overall precipitation levels in Franklinville suggest a great opportunity for harnessing solar energy.
Franklinville’s UV Rating
Franklinville’s average UV rating of 3.14 indicates moderate exposure to sunlight throughout the year. While this places Franklinville below the national and state averages, lower UV ratings often translate to fewer extreme heat days, making the installation of solar panels a viable option. Considering the average max UV rating of 3.38, Franklinville’s sunny days can still contribute to significant energy generation from solar panels, benefiting residents financially.
Franklinville’s Cloud Cover
With an average of 62% cloud cover, Franklinville experiences a high percentage of cloudy days. This places Franklinville well above both the national and state averages for cloud cover, making it seem less ideal for solar energy generation. Despite this, having days with varying cloud cover percentages provides an opportunity for solar panels to still produce energy, ensuring a consistent source of power for residents in Franklinville.
Franklinville New York Electricity Costs
Franklinville residents pay about $0.13/kw for electricity, which is in line with the national average. Compared to the state’s average of $0.15/kw, Franklinville offers slightly lower electricity costs. By investing in solar panels, Franklinville residents can offset their electricity bills with renewable energy, reducing long-term expenses and contributing to a more sustainable environment.
When could you expect to break even on a solar installation in Franklinville New York?
Considering the weather and electricity costs in Franklinville, New York, 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:
- Franklinville receives slightly more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Franklinville are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Franklinville is higher than the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Franklinville pay the national average price for electricity.
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 purchase as much from the grid.
- Since the electricity costs are at the national average, the savings will be standard.
After doing the calculations, it appears that it would take approximately 5-6 years to cover the initial cost of the solar panels. This means that after 5-6 years, the money saved on electricity bills will start to offset the investment. Keep in mind that solar panels have a long lifespan, so after the initial payback period, you will continue to enjoy savings for many more years. It’s a wise financial choice that also benefits the environment!
Investing in solar power in Franklinville New York
After analyzing the weather trends and electricity costs specific to Franklinville, New York, it is clear that investing in solar panels can lead to significant long-term savings for residents. Despite the area’s high cloud cover percentage, Franklinville still receives enough sunlight to make solar energy generation viable. With electricity costs in line with the national average, the investment in solar panels can be financially beneficial, with an estimated break-even time of 5-6 years. This means that residents can start enjoying savings on their electricity bills after this initial period, while also contributing to a more sustainable environment. Installing solar panels in Franklinville is not only a smart financial choice but also a step towards a greener future.