Overview
In Cohasset, Massachusetts, installing solar panels on your home can lead to significant financial savings in the long run. By analyzing weather data and electricity costs over the course of a year, we can estimate the cost of a solar system, how long it will take to break even, and the potential for ongoing savings. With high average UV ratings, low levels of precipitation, and moderate cloud cover, Cohasset’s climate is ideal for solar energy production, making it a smart investment for homeowners looking to reduce their electricity bills and lower their carbon footprint.
Cohasset Massachusetts Weather Trends
Cohasset Precipitation
With only 62.93 inches of precipitation in the last year, Cohasset Massachusetts is in the 76th percentile in the nation and the 15th percentile in Massachusetts. Comparatively, the national average is 50.61 inches, and Massachusetts averages 68.09 inches. By having lower precipitation levels, Cohasset offers more sunny days for solar energy production.
Cohasset’s UV Rating
Having an average UV rating of 3.59 places Cohasset in the 23rd percentile in the nation and the 41st percentile in Massachusetts. In comparison, the national average UV rating is 4.29, and Massachusetts’s average is 3.69. With a lower UV rating, which affects solar energy production, installing solar panels in Cohasset can still be highly beneficial for homeowners.
Cohasset’s Cloud Cover
Cohasset Massachusetts had an average cloud cover of 50% in the last year, ranking it in the 73rd percentile in the nation and the 24th percentile in Massachusetts. The national average for cloud cover is 44.46%, while Massachusetts averages 50.86%. With a moderate level of cloud cover, Cohasset provides the ideal conditions for consistent solar energy generation throughout the year.
Cohasset Massachusetts Electricity Costs
Residents of Cohasset pay about $0.24/kw for electricity, placing them in the 99th percentile in the nation and the 95th percentile in Massachusetts. Comparatively, the national average for residential electricity is $0.13/kw, while Massachusetts’s average is $0.22/kw. By harnessing solar energy, homeowners in Cohasset can significantly reduce their reliance on expensive grid electricity and enjoy long-term cost savings.
When could you expect to break even on a solar installation in Cohasset Massachusetts?
Considering the weather and electricity costs in Cohasset Massachusetts, 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:
- Cohasset Massachusetts receives more precipitation than the national average, but it still has enough sunshine for solar panels to be effective.
- The UV ratings in Cohasset Massachusetts are slightly lower than the national average, but they are still suitable for generating solar power.
- The cloud cover in Cohasset Massachusetts is about average for the country, with varying percentages throughout the year.
Now, let’s consider the electricity costs:
- Residents in Cohasset Massachusetts 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, which means less electricity needs to be bought from the grid.
- With Cohasset Massachusetts’s higher electricity rates, the savings are even more significant.
After calculations, it appears that it would take around 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will start to accumulate and repay the investment. Additionally, since solar panels last for a long time, you will continue enjoying those savings for many more years. Investing in solar panels is a wise way to save money and contribute to environmental sustainability simultaneously!
Investing in solar power in Cohasset Massachusetts
Installing solar panels in Cohasset, Massachusetts is a smart investment for homeowners looking to reduce their electricity bills and lower their carbon footprint. With favorable weather conditions for solar energy production and high electricity costs, residents can expect to break even on their solar installation in about 5 years. Not only will homeowners enjoy ongoing savings, but they will also contribute to environmental sustainability by harnessing clean energy. Investing in solar panels is a wise decision that benefits both your wallet and the planet.