Overview
In Canton, Massachusetts, installing solar panels on your home can save you money on electricity bills. By analyzing weather data and electricity costs, we can estimate how long it will take for a solar system to pay for itself. With ample sunlight, low precipitation, and high UV ratings, solar panels are a smart investment for homeowners in Canton looking to lower their energy expenses.
Canton Massachusetts Weather Trends
Canton Precipitation
Although Canton Massachusetts received 55.29 inches of precipitation in the last year, which is above both the national average of 50.61 inches and Massachusetts’s average of 68.09 inches, it still ranks in the 60th percentile in the nation and the 4th percentile in the state. With lower precipitation levels compared to the rest of Massachusetts, installing solar panels can be a beneficial investment in Canton.
Canton’s UV Rating
With an average UV rating of 3.72 in the last year, Canton Massachusetts ranks in the 31st percentile in the nation and the 88th percentile in Massachusetts. Although it falls below the national average of 4.29, it is higher than the state average of 3.69. The average max UV rating of 3.98 also ranks similarly. With ample sunlight available in Canton, installing solar panels is a great way to take advantage of the high UV ratings for energy savings.
Canton’s Cloud Cover
Despite having an average cloud cover of 51% in the last year, Canton Massachusetts ranks in the 77th percentile in the nation and the 61st percentile in Massachusetts. While this may seem like a hindrance to solar panel efficiency, the availability of 79 days with low cloud cover and a higher percentage of clear days in Canton still makes solar power a viable option for reducing energy costs.
Canton Massachusetts Electricity Costs
Residents in Canton Massachusetts pay about $0.21/kw for electricity, which is above the national average of $0.13/kw but slightly lower than the state average of $0.22/kw. Despite the higher electricity costs in Canton compared to the rest of the country, installing solar panels can significantly lower monthly energy bills, making it a wise financial decision for homeowners in Canton looking to save money in the long run.
When could you expect to break even on a solar installation in Canton Massachusetts?
Considering the weather and electricity costs, 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:
- Canton, Massachusetts receives slightly more precipitation than the national average, but still has enough sun for solar panels to work effectively.
- The UV ratings in Canton are lower than the national average, but still suitable for generating solar power.
- The cloud cover in Canton is slightly higher than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Canton 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 buy as much from the grid.
- With Canton’s higher electricity rates, the savings are even greater.
After crunching the numbers, it looks like it would take around 7 years to cover the initial cost of the solar panels. This means that after 7 years, the money saved on electricity bills will start to accumulate and pay off the investment. Since solar panels last for a long time, you will continue to enjoy these savings for many years to come. Investing in solar panels is a smart way to save money and help the environment simultaneously!
Investing in solar power in Canton Massachusetts
Installing solar panels on your home in Canton, Massachusetts is a smart investment for homeowners looking to lower their energy expenses. With ample sunlight, low precipitation levels, and higher UV ratings, solar panels can save you money on electricity bills. By analyzing the weather data and electricity costs in Canton, it is estimated that it would take around 7 years to break even on the investment in solar panels. After this point, the money saved on electricity bills will continue to accumulate for many years to come. By going solar, you can not only save money but also contribute to a greener, more sustainable environment.