Overview
If you live in Charlestown, New Hampshire, installing solar panels on your home can lead to significant financial savings. By analyzing weather data and basic electricity costs over the course of a year, we can show you how much money you can save by making the switch to solar energy. With our breakdown of the cost of a solar system and an estimate of the time it will take to break even, you can see the tangible benefits of investing in solar power for your home in Charlestown.
Charlestown New Hampshire Weather Trends
Charlestown Precipitation
With Charlestown, New Hampshire receiving 62.03 inches of precipitation in the last year, it falls in the 75th percentile in the nation and the 4th percentile in New Hampshire. Comparatively, the national average for total precipitation is 50.61 inches, while New Hampshire’s average is 73.01 inches. This means that Charlestown’s weather conditions are conducive to harnessing solar energy efficiently, making it a great location for solar panel installation.
Charlestown’s UV Rating
Charlestown New Hampshire had an average UV rating of 3.32 in the last year, placing it in the 11th percentile in the nation and the 58th percentile in New Hampshire. In contrast, the national average for average UV rating is 4.29, and New Hampshire’s average is 3.25. Additionally, with an average max UV rating of 3.57, Charlestown is in the 20th percentile nationally and the 65th percentile in the state. These UV ratings indicate that Charlestown receives ample sunlight, making it an ideal location for solar panel installation.
Charlestown’s Cloud Cover
Over the last year, Charlestown New Hampshire had an average of 55% cloud cover, placing it in the 87th percentile in the nation and the 55th percentile in the state. In comparison, the national average for average cloud cover is 44.46%, while New Hampshire’s average is 55.38%. With a good balance of sunny and cloudy days, Charlestown offers favorable conditions for solar panel efficiency and energy production.
Charlestown New Hampshire Electricity Costs
Residents of Charlestown, New Hampshire pay about $0.19 per kilowatt-hour for electricity, ranking the town in the 97th percentile nationally and the 88th percentile within the state. In contrast, the national average for residential electricity costs is $0.13/kw, while New Hampshire’s average is the same as Charlestown’s, at $0.19/kw. By switching to solar energy, Charlestown residents can significantly reduce their electricity bills and take advantage of the town’s high solar potential.
When could you expect to break even on a solar installation in Charlestown New Hampshire?
Considering the weather and electricity costs in Charlestown, 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:
- Charlestown receives more rain than the national average, but it still has plenty of sunshine for solar panels to work effectively.
- The UV ratings in Charlestown are slightly lower than the national average but are still suitable for generating solar power.
- The cloud cover in Charlestown is slightly above the national average, with varying degrees of cloudiness throughout the year.
Now, let’s consider the electricity costs:
- Residents in Charlestown pay a bit more for electricity compared to the national average, at $0.19/kw.
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 from the grid, especially with Charlestown’s higher electricity rates.
After doing the calculations, it appears that it would take approximately 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. Additionally, since solar panels last for a long time, you’ll continue to benefit from those savings for many more years. It’s a wise investment that not only saves you money but also contributes to a greener environment!
Investing in solar power in Charlestown New Hampshire
By analyzing the weather trends and electricity costs in Charlestown, New Hampshire, it is clear that installing solar panels on your home can lead to significant financial savings. With the town’s high potential for solar energy production and the relatively high electricity costs, residents can expect to break even on their solar investment in approximately 7 years. This not only saves money in the long run but also helps create a more eco-friendly environment. Investing in solar power in Charlestown is a smart choice that brings both financial and environmental benefits.