Overview
In Coram, New York, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs over a 365-day period, we estimate the cost of a solar system and how long it will take for you to break even. With the ample sunshine and low average cloud cover in Coram, you can harness the power of solar energy to save money on your electric bills in the long run.
Coram New York Weather Trends
Coram Precipitation
With Coram, New York receiving 64.96 inches of precipitation in the last year, the area ranks in the 80th percentile in the nation and the 52nd percentile in New York. Comparatively, the national average for total precipitation is 50.61 inches, while New York’s average is 63.5 inches. By harnessing the ample sunshine in Coram through solar panels, you can offset electricity costs and decrease dependency on the grid.
Coram’s UV Rating
Coram, New York boasts an average UV rating of 3.85, placing it in the 38th percentile nationally and the 80th percentile within the state. In comparison, the national average UV rating is 4.29, while New York’s average stands at 3.57. The high UV exposure in Coram makes it an ideal location for solar panel installation, allowing you to increase energy savings while reducing your carbon footprint.
Coram’s Cloud Cover
With an average of 46% cloud cover in the last year, Coram ranks in the 57th percentile across the nation and the 7th percentile in New York. In contrast, the national average for cloud cover is 44.46%, while New York averages 54.76%. The consistent sunshine in Coram makes it a prime location for solar energy production, ensuring reliable energy savings throughout the year.
Coram New York Electricity Costs
Coram residents pay about $0.21/kw for electricity, placing the area in the 99th percentile nationally and the 91st percentile in New York. In comparison, the national average for residential electricity costs is $0.13/kw, while New York’s average stands at $0.15/kw. By switching to solar power, you can take advantage of the abundant sunshine in Coram to offset high electricity costs and make a positive impact on the environment.
When could you expect to break even on a solar installation in Coram New York?
Considering the weather and electricity costs in Coram, New York, 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:
- Coram gets more rain than the national average, but still has enough sun for solar panels to work effectively.
- The UV ratings in Coram are slightly lower than the national average, but still good for generating solar power.
- Cloud cover in Coram is about average for the country, with variations throughout the year.
Now, let’s consider the electricity costs:
- Coram residents 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 electricity from the grid.
- With Coram’s higher electricity rates, the savings from solar power are even more significant.
After analyzing the numbers, 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 have a long lifespan, you will continue to enjoy these savings for many years to come. Investing in solar power is a wise way to save money and contribute to a greener environment!
Investing in solar power in Coram New York
Installing solar panels in Coram, New York is a smart financial decision that can lead to significant long-term savings. With the area’s ample sunshine and relatively low cloud cover, you can effectively harness solar energy to offset high electricity costs. By taking advantage of the sunny weather and switching to solar power, you can break even on your investment in approximately 7 years and continue to enjoy savings for decades. Not only will you be saving money, but you’ll also be making a positive impact on the environment. Investing in solar energy in Coram is a win-win situation for your wallet and the planet.