Overview
In Auburn, New York, installing solar panels can lead to significant financial savings in the long run. By analyzing weather data and electricity costs specific to Auburn, we can show you how a solar system can offset your energy bills and eventually pay for itself. By breaking down upfront costs and estimating the time it takes to break even, we can demonstrate the financial benefits of going solar in Auburn.
Auburn New York Weather Trends
Auburn Precipitation
In the last year Auburn New York received 57.64 inches of precipitation. Auburn falls in the 65th percentile in the nation and the 26th percentile in New York for total precipitation. Comparing to the national average of 50.61 inches, Auburn receives more rainfall. However, New York’s average of 63.5 inches surpasses Auburn’s precipitation levels, indicating a significant opportunity for harnessing rainwater through solar panels to offset electricity costs.
Auburn’s UV Rating
Throughout the last year, Auburn New York had an average UV rating of 3.26, positioning itself in the 9th percentile in the nation and the 36th percentile in New York. While Auburn experiences less sun exposure compared to the national average of 4.29, and New York’s average rating of 3.57, there is still sufficient sunlight for effective solar panel functionality. With an average max UV rating of 3.53, the potential for harnessing solar energy remains viable in Auburn.
Auburn’s Cloud Cover
On average, Auburn New York experienced 60% cloud cover throughout the last year, ranking in the 96th percentile in the nation and the 75th percentile in New York. Despite higher cloud cover than both the national average of 44.46% and New York’s average of 54.76%, Auburn still has ample sunlight to make solar panels a worthwhile investment. With a mix of cloud cover percentages, there are plenty of clear days to generate solar energy.
Auburn New York Electricity Costs
Residents in Auburn New York pay around $0.12 per kilowatt-hour for electricity, placing them in the 55th percentile in the nation and the 41st percentile in New York in terms of electricity costs. While this rate is slightly below the national average of $0.13/kw, it is lower than New York’s average of $0.15/kw. By investing in solar panels, homeowners in Auburn can reduce their reliance on traditional grid electricity and potentially save even more money as utility rates continue to rise.
When could you expect to break even on a solar installation in Auburn New York?
Considering the weather and electricity costs in Auburn, 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:
- Auburn, New York receives more precipitation than the national average, but it still has suitable sunlight for effective solar panel operation.
- The average UV ratings in Auburn, New York are slightly lower than the national average, but they are still conducive to generating solar power.
- Cloud cover in Auburn, New York is slightly above the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Auburn, New York pay slightly less 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 electricity needs to be purchased from the grid.
- With Auburn, New York’s slightly lower electricity rates, the savings are still significant.
After analyzing the data, it appears that it would take around 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 accumulate and pay off the investment. Additionally, since solar panels last for 25-30 years, the savings will continue for many years beyond the break-even point. Investing in solar panels is a practical way to save money over the long term while also contributing to a cleaner environment!
Investing in solar power in Auburn New York
Installing solar panels in Auburn, New York is a wise financial decision that can lead to significant savings in the long run. By analyzing the weather data specific to Auburn, we have shown that despite higher precipitation and cloud cover, there is still sufficient sunlight for effective solar panel functionality. Coupled with the slightly lower electricity costs in Auburn, investing in solar panels can result in breaking even on the initial costs within 5-6 years. This means that homeowners can start saving money on electricity bills and continue to benefit from solar energy for many years. Not only is it a financially sound choice, but it also contributes to a cleaner environment. Consider going solar in Auburn to reap these financial and environmental rewards!