Overview
Discover how you can save money and help the environment by installing solar panels on your home in Candia, New Hampshire. By analyzing weather data and electricity costs specific to the area, we will show you how much you can expect to save on your monthly bills and how quickly you can break even on the cost of a solar system. With abundant sunshine and high electricity rates, going solar is a smart financial decision for residents in Candia.
Candia New Hampshire Weather Trends
Candia Precipitation
With Candia, New Hampshire receiving 73.48 inches of precipitation in the last year, it ranks in the 93rd percentile in the nation and the 56th percentile in New Hampshire. This amount surpasses both the national average of 50.61 inches and New Hampshire’s average of 73.01 inches. By harnessing the power of solar panels, residents can take advantage of this ample rainfall to generate clean, renewable energy for their homes.
Candia’s UV Rating
Having an average UV rating of 3.37 in the last year, Candia, New Hampshire falls into the 13th percentile in the nation and the 70th percentile in New Hampshire. While this rating is lower than the national average of 4.29, it is higher than New Hampshire’s average of 3.25. With a max UV rating of 3.55, residents can capitalize on the sun’s energy by installing solar panels on their homes to further reduce their carbon footprint.
Candia’s Cloud Cover
Despite an average cloud cover of 53% in the last year, placing Candia, New Hampshire in the 83rd percentile in the nation and the 32nd percentile in New Hampshire, there are still plenty of opportunities for solar energy production. With varying cloud cover throughout the year, residents can benefit from clear days with minimal cloud cover to maximize their solar panel efficiency and savings on electricity bills.
Candia New Hampshire Electricity Costs
Residents in Candia, New Hampshire pay about $0.19/kw for electricity, ranking them in the 97th percentile in the nation and the 88th percentile in New Hampshire. While this cost is higher than the national average of $0.13/kw, it aligns with New Hampshire’s average of $0.19/kw. By transitioning to solar energy, residents can reduce their reliance on costly traditional electricity sources and see significant savings over time.
When could you expect to break even on a solar installation in Candia New Hampshire?
Considering the weather and electricity costs in Candia 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:
- Candia New Hampshire receives more precipitation than the national average, but there is still sufficient sunlight for solar panels to be effective.
- The UV ratings in Candia New Hampshire are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Candia New Hampshire is slightly higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Candia New Hampshire 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 need to purchase as much from the grid.
- Given Candia New Hampshire’s higher electricity rates, the savings are even more significant.
After analyzing the data, it appears that it would take around 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 offset the investment. It’s important to remember that solar panels have a long lifespan, so beyond that initial period, you will continue to enjoy those savings for many years. Investing in solar power is a smart way to save money and contribute to environmental sustainability simultaneously!
Investing in solar power in Candia New Hampshire
Switching to solar energy in Candia, New Hampshire is not only a wise financial decision but also a sustainable choice for the environment. By analyzing the weather trends and electricity costs specific to the area, it is clear that residents can expect significant savings on their monthly bills by installing solar panels on their homes. With ample sunlight and high electricity rates in Candia, transitioning to solar power can lead to a break-even point in around 8 years, after which the savings will continue to accumulate for many years to come. Investing in solar energy is an effective way to save money and reduce your carbon footprint in Candia, New Hampshire.