Overview
Living in Colebrook, New Hampshire, there are significant financial benefits to installing solar panels on your home. By analyzing weather data and electricity costs specific to our area, we can see how much money you can save over time by making the switch to solar energy. In this article, we will break down the cost of a solar system, estimate how long it will take to break even, and show you why going solar is a smart investment for your home.
Colebrook New Hampshire Weather Trends
Colebrook Precipitation
Living in Colebrook, New Hampshire, you are well aware of the 65.29 inches of precipitation the town receives annually. While this puts Colebrook in the 12th percentile within New Hampshire, it is above the national average of 50.61 inches. By harnessing the power of solar energy, you can take advantage of Colebrook’s rainy weather to generate clean and renewable electricity for your home.
Colebrook’s UV Rating
With an average UV rating of 2.73, Colebrook ranks in the 4th percentile in New Hampshire and the 1st percentile in the nation. While the town might not be the sunniest place, solar panels can still be a valuable asset. By using the sunlight available, you can reduce your carbon footprint and save money on your electricity bills in the long run.
Colebrook’s Cloud Cover
Cloud cover is a common occurrence in Colebrook, with an average of 70% throughout the year. Despite this high percentage, solar panels can still be effective in generating electricity. Even on cloudy days, solar panels can capture enough sunlight to power your home. By investing in solar energy, you can benefit from clean energy production regardless of cloud cover.
Colebrook New Hampshire Electricity Costs
Residents of Colebrook pay about $0.19/kw for electricity, which is higher than the national average of $0.13/kw. However, by switching to solar power, you can significantly lower your electricity costs over time. Investing in solar panels can help you reduce your reliance on expensive grid electricity and protect yourself from future price increases.
When could you expect to break even on a solar installation in Colebrook New Hampshire?
Considering the weather and electricity costs in Colebrook, 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:
- Colebrook receives more precipitation than the national average, but still has enough sunshine for solar panels to be effective.
- The UV ratings in Colebrook are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Colebrook is higher than the national average, with a significant number of days having between 75% and 100% cloud cover.
Now, let’s consider the electricity costs:
- Residents in Colebrook 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.
- Given Colebrook’s higher electricity rates, the savings from using solar power are even greater.
After analyzing the data, it appears that it would take approximately 7 to 8 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will begin to offset the investment. Additionally, considering the long lifespan of solar panels, the savings will continue for many years thereafter. Investing in solar power is not only a financially wise decision but also an environmentally friendly one in the long run.
Investing in solar power in Colebrook New Hampshire
By analyzing the weather trends and electricity costs in Colebrook, New Hampshire, it is clear that installing solar panels can lead to significant financial benefits for homeowners. Despite the town’s higher precipitation and cloud cover, solar panels can still effectively generate electricity and lower electricity costs. With an estimated break-even point of 7 to 8 years, investing in solar power is a smart decision that not only saves money but also helps to protect the environment in the long run. Making the switch to solar energy in Colebrook is truly a wise and sustainable investment for any homeowner.