Overview
Are you a resident of Blackwood, New Jersey looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been searching for! In this article, we will break down the financial benefits of going solar in Blackwood, using weather data and electricity costs specific to the area. By analyzing the average cost of a solar system and estimating the time it will take to break even, we will show you just how much you stand to save with solar energy.
Blackwood New Jersey Weather Trends
Blackwood Precipitation
With Blackwood receiving 53.32 inches of precipitation in the last year, it falls in the 55th percentile in the nation and the 5th percentile in New Jersey. Compared to the national average of 50.61 inches and New Jersey’s average of 65.31 inches, Blackwood’s precipitation levels make it a prime location for harnessing solar energy.
Blackwood’s UV Rating
In the last year, Blackwood had an average UV rating of 4.27, ranking it in the 57th percentile in the nation and the 97th percentile in New Jersey. With the national average at 4.29 and New Jersey’s average at 4.04, Blackwood’s high UV rating suggests that solar panels would be highly effective in generating energy in this area.
Additionally, Blackwood’s average max UV rating of 4.64 places it in the 49th percentile nationally and the 95th percentile in New Jersey. This level of UV exposure indicates that solar panels in Blackwood would receive ample sunlight, contributing to increased energy production.
Blackwood’s Cloud Cover
Blackwood New Jersey had an average of 45% cloud cover in the last year, placing it in the 55th percentile in the nation and the 40th percentile in New Jersey. Compared to the national average of 44.46% and New Jersey’s average of 45.99%, Blackwood experiences relatively clear skies, ideal for maximizing solar energy generation.
Furthermore, with 104 days of low cloud cover, 100 days of moderate cloud cover, 99 days of high cloud cover, and 61 days of overcast skies, Blackwood offers a good balance for consistent solar energy production throughout the year.
Blackwood New Jersey Electricity Costs
Residents of Blackwood pay about $0.18/kw for electricity, ranking the area in the 96th percentile nationwide and the 91st percentile in New Jersey. Comparing this to the national average of $0.13/kw and New Jersey’s average of $0.16/kw, it’s clear that installing solar panels in Blackwood can lead to significant savings on electricity bills over time.
When could you expect to break even on a solar installation in Blackwood New Jersey?
Considering the weather and electricity costs in Blackwood 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:
- Blackwood New Jersey receives slightly more precipitation than the national average, but still has adequate sunshine for solar panels to be effective.
- The UV ratings in Blackwood New Jersey are slightly lower than the national average, but still favorable for generating solar power.
- Cloud cover in Blackwood New Jersey is around the national average, with varying amounts throughout the year.
Now, let’s consider the electricity costs:
- Residents in Blackwood New Jersey 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 from the grid and resulting in savings.
- Given Blackwood New Jersey’s higher electricity rates, the savings from using solar power are even more significant.
After calculating, it appears that it would take approximately 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, you will continue to benefit from these savings for many years. Investing in solar energy is a smart way to save money and contribute to a cleaner environment!
Investing in solar power in Blackwood New Jersey
By analyzing the weather trends and electricity costs specific to Blackwood, New Jersey, it is evident that installing solar panels can lead to significant savings over time. With the right conditions for solar energy production and higher-than-average electricity costs in the area, residents can expect to break even on their investment in solar panels within approximately 6 years. Not only will this investment pay off in the long run, but it also offers the opportunity to contribute to a cleaner environment. In conclusion, considering the financial benefits and environmental impact, going solar in Blackwood is a wise choice for residents looking to save money on their electricity bills.