Overview
Are you a Bedford, New Hampshire resident looking to save money on your electricity bill? Installing solar panels on your home could be the answer! By analyzing weather data and electricity costs specific to Bedford, we can show you how solar panels can help you break even on your investment in no time. Find out how much you can save and how long it will take to start seeing the financial benefits of going solar.
Bedford New Hampshire Weather Trends
Bedford Precipitation
With 68.25 inches of precipitation in the last year, Bedford, New Hampshire is in the 86th percentile in the nation and the 24th percentile in New Hampshire. Comparatively, the national average for total precipitation is 50.61 inches, while New Hampshire’s average is 73.01 inches. By harnessing the power of solar energy, you can take advantage of Bedford’s precipitation levels to generate clean and renewable electricity for your home.
Bedford’s UV Rating
Bedford, New Hampshire had an average UV rating of 3.54 in the last year, ranking it in the 21st percentile in the nation and the 90th percentile in New Hampshire. The national average for average UV rating is 4.29, while New Hampshire’s average is 3.25. The high UV rating in Bedford provides ample sunshine for solar panels to efficiently convert sunlight into electricity, making it a smart choice for clean energy production.
Bedford’s Cloud Cover
With an average of 52% cloud cover in the last year, Bedford, New Hampshire is in the 80th percentile in the nation and the 21st percentile in New Hampshire. Comparatively, the national average for average cloud cover is 44.46%, while New Hampshire’s average is 55.38%. By installing solar panels in Bedford, you can capitalize on the relatively low cloud cover to maximize your solar energy production throughout the year.
Bedford New Hampshire Electricity Costs
Bedford residents pay around $0.19/kw for electricity, placing the city in the 97th percentile in the nation and the 63rd percentile in New Hampshire. In contrast, the national average for residential electricity is $0.13/kw, and New Hampshire’s average is $0.19/kw. By switching to solar energy, not only can you reduce your reliance on expensive grid electricity, but you can also take advantage of the abundant sunlight in Bedford to generate your own electricity and significantly lower your monthly utility bills.
When could you expect to break even on a solar installation in Bedford New Hampshire?
Considering the weather and electricity costs in Bedford, New Hampshire, 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:
- Bedford receives more precipitation than the national average, but it still has enough sunlight for solar panels to work effectively.
- The UV ratings in Bedford are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Bedford is slightly higher than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Bedford pay 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, reducing the amount needed to buy from the grid.
- With Bedford’s higher electricity rates, the savings are even more significant.
After calculating, it appears that it would take around 5 to 6 years to cover the initial cost of the solar panels. This means, after 5 to 6 years, the money saved on electricity bills will begin to accumulate and pay off the investment. And remember, solar panels have a long lifespan, so after that initial period, you will enjoy those savings for many more years to come. It is a wise way to save money and contribute to protecting the environment!
Investing in solar power in Bedford New Hampshire
Based on the analysis of weather data and electricity costs specific to Bedford, New Hampshire, it is evident that installing solar panels is a financially sound decision for residents looking to save money on their electricity bills. With ample sunlight and relatively high electricity costs in Bedford, it would take around 5 to 6 years to break even on the investment in solar panels. From that point on, residents can enjoy significant savings on their monthly utility bills for the remaining lifespan of the solar panels. By going solar, not only can residents save money, but they can also take a step towards environmental sustainability. Overall, the benefits of installing solar panels in Bedford, New Hampshire are clear, making it a smart choice for residents seeking to reduce their energy costs.