Overview
This article will explore the financial benefits of installing solar panels on your Bellmawr New Jersey home. By analyzing weather data and electricity costs over a year, we will demonstrate how much money you can save by switching to solar energy. We will break down the cost of a solar system and estimate the time it will take for you to break even on your investment. With sunny days, low precipitation, and high UV ratings in Bellmawr, going solar is a smart choice for your wallet.
Bellmawr New Jersey Weather Trends
Bellmawr Precipitation
With Bellmawr receiving 53.48 inches of precipitation in the last year, it is evident that the area experiences relatively moderate rainfall. Compared to the rest of the country, Bellmawr falls in the 55th percentile, while in New Jersey, it ranks in the 5th percentile. Despite being lower than the state average of 65.31 inches, Bellmawr still sees a fair amount of precipitation compared to the national average of 50.61 inches.
Bellmawr’s UV Rating
Considering Bellmawr’s average UV rating of 4.25 in the last year, it is evident that the area enjoys a good amount of sunshine. Being in the 56th percentile nationally and the 95th percentile statewide, Bellmawr gets more sun exposure than most places in New Jersey. The national average for UV rating is 4.29, slightly higher than Bellmawr’s average, but the state average of 4.04 is lower. The average max UV rating of 4.6 further confirms Bellmawr’s favorable sun exposure, placing it in the 48th percentile nationally and the 93rd percentile within New Jersey.
Bellmawr’s Cloud Cover
With an average of 45% cloud cover in Bellmawr over the last year, residents can expect a good amount of clear skies. This places Bellmawr in the 55th percentile nationwide and the 39th percentile within New Jersey. Despite the state average cloud cover being slightly higher at 45.99%, Bellmawr still experiences favorable conditions for solar energy. The distribution of cloud cover days also shows a balanced range, with significant days falling in each category.
Bellmawr New Jersey Electricity Costs
Residents of Bellmawr enjoy relatively lower electricity costs at around $0.17/kw compared to the national average of $0.13/kw. Although slightly higher than New Jersey’s average of $0.16/kw, Bellmawr still falls within the 73rd percentile in the state and the 96th percentile nationally in terms of electricity costs. By switching to solar energy, homeowners can reduce their reliance on traditional electricity sources and take advantage of Bellmawr’s favorable conditions for solar power generation, ultimately leading to long-term cost savings.
When could you expect to break even on a solar installation in Bellmawr New Jersey?
Considering the weather and electricity costs in Bellmawr 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:
- Bellmawr New Jersey gets slightly more rain than the national average, but it’s still a sunny area which is good for solar panels.
- The UV ratings in Bellmawr New Jersey are close to the national average, indicating good conditions for generating solar power.
- Cloud cover in Bellmawr New Jersey is also around the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Bellmawr New Jersey pay more for electricity compared to the national average, with a cost of $0.17/kw.
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 from the grid.
- With Bellmawr New Jersey’s higher electricity rates, the savings are even more significant.
After analyzing the data, it looks like it would take around 5-6 years to cover the initial cost of the solar panels. This means, after 5-6 years, the savings on electricity bills will start to accumulate and compensate for the investment. Remember, solar panels have a long lifespan, so after the initial payback period, you will continue to benefit from the savings for many years. It’s a wise way to save money and contribute to a greener environment!
Investing in solar power in Bellmawr New Jersey
Switching to solar energy in Bellmawr, New Jersey can lead to significant financial benefits due to the area’s weather conditions and electricity costs. With ample sunshine, moderate rainfall, and lower-than-average electricity rates, residents can expect to break even on the investment in solar panels within 5-6 years. After that initial payback period, homeowners can enjoy long-term savings on their electricity bills while also contributing to a more sustainable environment. Installing solar panels in Bellmawr is not only a smart choice for your wallet but also for the planet.