Overview
If you live in Campton, New Hampshire, you may be wondering if installing solar panels on your home is worth the investment. By analyzing weather data and electricity costs specific to Campton, we can show you the financial benefits of going solar. With a breakdown of the cost of a solar system and an estimate of how long it will take to break even, you can see how much money you can save in the long run by making the switch to solar energy.
Campton New Hampshire Weather Trends
Campton Precipitation
With Campton, New Hampshire receiving 78.92 inches of precipitation in the last year, it is clear that the area gets its fair share of rain. Compared to the national average of 50.61 inches and New Hampshire’s average of 73.01 inches, Campton is definitely on the high end. By harnessing the power of solar energy, you can take advantage of this abundant natural resource to generate electricity for your home.
Campton’s UV Rating
Campton, New Hampshire’s average UV rating of 2.64 may be on the lower side compared to the national average of 4.29 and New Hampshire’s average of 3.25. However, even with the lower UV rating, solar panels are still a viable option for generating electricity. The sun’s rays are still strong enough to power your home and reduce your reliance on traditional energy sources.
Campton’s Cloud Cover
With an average of 58% cloud cover in the last year, Campton, New Hampshire may seem like a cloudy place. Despite this, solar panels can still be a great investment. Even on cloudy days, solar panels can generate electricity, albeit at a slightly reduced rate. By installing solar panels on your home, you can take advantage of every sunny day to offset your energy costs.
Campton New Hampshire Electricity Costs
Campton residents pay about $0.19/kw for electricity, which is higher than the national average of $0.13/kw, but on par with New Hampshire’s average. By installing solar panels on your home, you can reduce or even eliminate your electricity bill. With the high cost of electricity in Campton, the long-term savings from going solar can be significant.
When could you expect to break even on a solar installation in Campton New Hampshire?
Considering the weather and electricity costs in Campton, 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:
- Campton gets more precipitation than the national average, but it still has enough sunlight for solar panels to work effectively.
- The UV ratings in Campton are lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Campton is higher than the national average, varying between different percentages throughout the year.
Now, let’s consider the electricity costs:
- Residents in Campton 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.
- With Campton’s higher electricity rates, the savings are significant.
After analyzing the data, it appears that it would take about 8 years to cover the initial cost of the solar panels. This means that after 8 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Keep in mind that solar panels have a long lifespan, so after the initial period, you will continue to save money for many years. Investing in solar power is a wise decision to save money and contribute to a sustainable environment.
Investing in solar power in Campton New Hampshire
After analyzing the weather data and electricity costs specific to Campton, New Hampshire, it is clear that investing in solar panels for your home can result in significant long-term financial benefits. Despite the area’s higher-than-average precipitation, lower UV ratings, and frequent cloud cover, solar panels can still effectively generate electricity and help reduce your reliance on traditional energy sources. With electricity costs in Campton being higher than the national average, the savings from going solar can be substantial. By averaging out the initial cost of a solar system with the annual savings on electricity bills, it is estimated that you could break even on your investment in approximately 8 years. Beyond that point, you will continue to save money for many more years, making solar power a prudent decision for both your wallet and the environment.