Overview
If you’re a resident of Bradford, New Hampshire, you could be saving a significant amount of money by installing solar panels on your home. By analyzing a year’s worth of weather data and electricity costs, we can show you just how much you could be saving on your monthly utility bills. With the right solar system, you could potentially break even on your investment in just a few short years, all while reducing your carbon footprint and contributing to a more sustainable future. Read on to learn more about the financial benefits of going solar in Bradford.
Bradford New Hampshire Weather Trends
Bradford Precipitation
Bradford, New Hampshire, received 64.97 inches of precipitation in the last year, ranking it in the 80th percentile nationwide and the 10th percentile in the state. Compared to the national average of 50.61 inches, Bradford sees a bit more rain. However, when looking at New Hampshire’s average of 73.01 inches, Bradford falls below. This means that despite the higher precipitation levels in New Hampshire, Bradford still receives a significant amount of rain.
Bradford’s UV Rating
In the last year, Bradford, New Hampshire, had an average UV rating of 3.01, placing it in the 3rd percentile in the country and the 18th percentile in the state. With the national average at 4.29 and New Hampshire’s average at 3.25, Bradford experiences lower UV radiation compared to many other regions. Despite this, the technology behind solar panels is efficient enough to generate significant amounts of electricity even with lower UV levels.
Bradford’s Cloud Cover
On average, Bradford, New Hampshire, had a cloud cover of 56% in the last year, ranking it in the 90th percentile nationally and the 68th percentile in the state. While the state of New Hampshire experiences slightly higher cloud cover than the national average of 44.46%, Bradford’s 56% cloud cover indicates that there are still plenty of sunny days perfect for solar energy production.
Bradford New Hampshire Electricity Costs
Residents of Bradford, New Hampshire, currently pay around $0.19 per kw for electricity, making it one of the higher-cost areas in the country, ranking in the 97th percentile nationally and the 63rd percentile within the state. The national average for residential electricity stands at $0.13 per kw, while New Hampshire’s average matches Bradford’s at $0.19 per kw. By installing solar panels, Bradford residents can significantly reduce their electricity bills, especially considering the higher-than-average costs in the region.
When could you expect to break even on a solar installation in Bradford New Hampshire?
Considering the weather and electricity costs in Bradford, 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:
- Bradford receives more precipitation than the national average, but there’s still enough sunshine for solar panels to work effectively.
- The UV ratings in Bradford are lower than the national average, but still suitable for generating solar power.
- Cloud cover in Bradford is slightly higher than the national average, varying throughout the year.
Now, let’s consider the electricity costs:
- Residents in Bradford 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.
- Given Bradford’s higher electricity rates, the savings from using solar power will be significant.
After doing the calculations, it appears that it would take around 7 years to cover the initial cost of the solar panels. This means, after 7 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Remember, solar panels have a long lifespan, so beyond that initial period, you’ll continue to benefit from those savings for many years. It’s a wise investment that not only saves money but also helps the environment in the long run!
Investing in solar power in Bradford New Hampshire
Installing solar panels in Bradford, New Hampshire, is a smart investment that can lead to significant savings on your monthly utility bills. By analyzing weather trends and electricity costs in the area, we’ve determined that residents could break even on their solar panel investment in around 7 years. Even with higher-than-average precipitation and lower UV ratings, solar panels in Bradford can still generate substantial electricity, especially considering the region’s elevated electricity prices. Not only will going solar save you money, but it will also help reduce your carbon footprint and contribute to a more sustainable future for Bradford and beyond.