Overview
Are you tired of high electricity bills in Augusta, New Jersey? Installing solar panels on your home can significantly lower your monthly costs and provide long-term savings. By analyzing weather data and electricity cost trends, we can show you how investing in a solar system can help you break even in a few years and enjoy years of free, sustainable energy. Let us break down the numbers for you and demonstrate the financial benefits of going solar in Augusta.
Augusta New Jersey Weather Trends
Augusta Precipitation
With Augusta New Jersey receiving 65.11 inches of precipitation in the last year, it is in the 48th percentile in the state and the 81st percentile in the nation. Comparatively, the national average for total precipitation is 50.61 inches, while New Jersey’s average is slightly higher at 65.31 inches.
Augusta’s UV Rating
Augusta New Jersey had an average UV rating of 3.68 in the last year, placing it in the 8th percentile in the state and the 28th percentile in the nation. When compared to the national average of 4.29 and New Jersey’s average of 4.04, Augusta may receive slightly less sun exposure. However, with an average max UV rating of 3.99, Augusta is still ahead of 31% of the country and 16% of New Jersey.
Augusta’s Cloud Cover
On average, Augusta New Jersey experienced 50% cloud cover in the last year, ranking it in the 97th percentile in the state and the 75th percentile in the nation. The national average for cloud cover is 44.46%, and New Jersey’s average is slightly higher at 45.99%. Augusta had a mix of cloud cover throughout the year, with 80 days having clear skies and 86 days being overcast.
Augusta New Jersey Electricity Costs
Residents in Augusta pay about $0.13/kw for electricity, putting them in the 9th percentile in the state and the 71st percentile in the nation. While the national average for residential electricity is the same at $0.13/kw, New Jersey’s average is slightly higher at $0.16/kw. By investing in solar panels, Augusta residents can significantly reduce their electricity costs and enjoy long-term savings on sustainable energy.
When could you expect to break even on a solar installation in Augusta New Jersey?
Considering the weather and electricity costs in Augusta, 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:
- Augusta, New Jersey receives more precipitation than the national average, but it still has sufficient sunlight for solar panels to function effectively.
- The UV ratings in Augusta are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Augusta is about average for the country, with some fluctuation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Augusta, New Jersey pay around $0.13/kw for electricity, which is the same as 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 utilizing solar power. Here’s how:
- The solar system generates electricity, reducing the need to purchase from the grid.
- Considering the electricity rates in Augusta, the savings from using solar power are significant.
After analyzing the data, it appears that it would take approximately 5 years to recover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will start to accumulate and pay off the investment. Moreover, solar panels have a long lifespan, so beyond that initial period, you’ll continue to benefit from those savings for many years. Investing in solar panels is a wise way to save money and contribute to environmental conservation!
Investing in solar power in Augusta New Jersey
By analyzing the weather data and electricity cost trends in Augusta, New Jersey, we have determined that investing in solar panels can lead to significant savings over time. With an average break-even period of around 5 years, residents can enjoy years of free, sustainable energy and reduced electricity bills. By harnessing the power of the sun, not only can homeowners save money, but they can also contribute to environmental conservation. Going solar in Augusta is a smart financial and eco-friendly choice for the long term.