Overview
Are you tired of paying high electricity bills each month? If you live in Allentown, New Jersey, installing solar panels on your home could be a cost-effective solution. By analyzing weather data and electricity costs specific to Allentown, we can show you how much money you can save with a solar system. We will break down the costs and estimate how long it will take for you to break even on your investment, making the switch to solar a smart financial decision for your household.
Allentown New Jersey Weather Trends
Allentown Precipitation
With 64.5 inches of precipitation in the last year, Allentown falls in the 80th percentile nationwide and the 44th percentile within New Jersey. Compared to the national average of 50.61 inches and New Jersey’s average of 65.31 inches, Allentown’s higher levels of precipitation make it an ideal location for harnessing the power of solar energy.
Allentown’s UV Rating
Allentown boasts an average UV rating of 4.05 in the last year, positioning it in the 48th percentile in the nation and the 60th percentile within New Jersey. While the national average UV rating is slightly higher at 4.29, Allentown’s UV rating is close to New Jersey’s average of 4.04. With an average max UV rating of 4.32, Allentown residents can benefit from ample sunlight for solar panel efficiency.
Allentown’s Cloud Cover
At an average cloud cover of 46%, Allentown ranks in the 56th percentile nationwide and the 44th percentile within New Jersey. Although slightly cloudier than the national average of 44.46% and New Jersey’s average of 45.99%, Allentown still experiences plenty of clear days conducive to solar energy production. With a distribution of cloud cover across different ranges throughout the year, residents can benefit from consistent sunlight.
Allentown New Jersey Electricity Costs
With residents paying about $0.15 per kilowatt-hour for electricity, Allentown stands in the 93rd percentile nationwide and the 27th percentile within New Jersey. While the national average is $0.13/kw, New Jersey’s average is slightly higher at $0.16/kw. By transitioning to solar power, Allentown residents can significantly reduce their electricity costs and take advantage of the abundant sunlight available in the area.
When could you expect to break even on a solar installation in Allentown New Jersey?
Considering the weather and electricity costs in Allentown 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:
- Allentown New Jersey receives more precipitation compared to the national average, but it still has enough sun for solar panels to work effectively.
- The UV ratings in Allentown are slightly below the national average, but they are still good for generating solar power.
- The cloud cover in Allentown is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Allentown New Jersey pay slightly 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, which means less need to buy from the grid, especially with higher electricity rates in Allentown.
After analyzing the data, it seems like it would take around 6-7 years to cover the initial cost of the solar panels. After this period, the money saved on electricity bills will start to accumulate and pay off the investment. Keep in mind that solar panels have a long lifespan, so you will have significant savings for many years after the initial investment is recouped. It’s a wise financial and environmentally-friendly choice!
Investing in solar power in Allentown New Jersey
With the weather trends and electricity costs in Allentown, New Jersey, it’s clear that investing in solar panels can lead to significant savings on electricity bills. By analyzing the data, we estimate that it would take around 6-7 years to break even on the initial cost of a solar system. After this point, residents can enjoy years of savings and a more environmentally-friendly energy source. Transitioning to solar power in Allentown is not only a smart financial decision but also a beneficial choice for the environment. Take control of your energy costs and make the switch to solar today!