Overview
In Andover, New Jersey, installing solar panels on your home can lead to significant financial savings in the long run. By analyzing weather data and electricity costs, we estimate the cost of a solar system and how quickly it will pay for itself. With the average max UV rating and percentage cloud cover in mind, we will show you the potential benefits of switching to solar energy in Andover, New Jersey.
Andover New Jersey Weather Trends
Andover Precipitation
In the last year, Andover New Jersey received 63.03 inches of precipitation, placing it in the 77th percentile in the nation and the 35th percentile in New Jersey. Compared to the national average of 50.61 inches and New Jersey’s average of 65.31 inches, Andover experiences a moderate amount of precipitation. Installing solar panels can help offset electricity costs during rainy days and maximize savings for Andover residents.
Andover’s UV Rating
In the last year, Andover New Jersey had an average UV rating of 3.69, ranking it in the 29th percentile in the nation and the 9th percentile in New Jersey. With the national average at 4.29 and New Jersey’s average at 4.04, Andover experiences slightly lower UV levels. However, even with lower UV exposure, solar panels can still generate significant energy savings and reduce reliance on traditional utility sources.
Andover’s Cloud Cover
Andover New Jersey had an average of 51% cloud cover in the last year, placing it in the 77th percentile in the nation and the 97th percentile in New Jersey. Compared to the national average of 44.46% and New Jersey’s average of 45.99%, Andover experiences higher cloud cover. Despite this, solar panels can still harness enough sunlight to generate electricity and decrease monthly utility bills for Andover residents.
Andover New Jersey Electricity Costs
Andover residents pay about $0.13/kw for electricity, positioning them in the 71st percentile in the nation and the 9th percentile in New Jersey. In comparison, the national average for residential electricity is also $0.13/kw, while New Jersey’s average is slightly higher at $0.16/kw. By switching to solar energy, homeowners in Andover can take advantage of lower electricity costs in the long run and contribute to a cleaner environment.
When could you expect to break even on a solar installation in Andover New Jersey?
Considering the weather and electricity costs in Andover 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:
- Andover New Jersey receives more precipitation than the national average, but still has enough sunny days for solar panels to work effectively.
- The UV ratings in Andover New Jersey are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Andover New Jersey is slightly higher than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Andover New Jersey pay an average of $0.13/kw for electricity, in line with 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 purchase as much from the grid.
- Given Andover New Jersey’s electricity rates, the savings are significant.
After analysis, it appears that it would take approximately 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will begin to add up and pay off the investment. Additionally, since solar panels last for a long time, the savings will continue for many years beyond that initial period. Investing in solar panels is a wise decision for both financial savings and helping the environment!
Investing in solar power in Andover New Jersey
Overall, installing solar panels in Andover, New Jersey can lead to substantial financial savings over time. By analyzing the weather trends and electricity costs in the area, it is clear that switching to solar energy is a smart investment. Despite moderate precipitation, slightly lower UV ratings, and higher cloud cover, solar panels can effectively generate electricity and reduce monthly utility bills for residents. With the average cost of electricity and the potential for a solar system to pay for itself in about 5 years, it is evident that making the switch to solar energy is a beneficial choice for both financial savings and environmental impact.