Overview
In Deerfield, New Hampshire, installing solar panels on your home can lead to significant financial benefits. By analyzing local weather data and electricity costs, we can show you how much you can save on your energy bills each year. With the cost breakdown of a solar system and an estimate on when you can break even, you’ll see why making the switch to solar power is a smart investment for your home.
Deerfield New Hampshire Weather Trends
Deerfield Precipitation
With Deerfield, New Hampshire receiving 76.1 inches of precipitation in the last year, it’s clear that the area experiences a higher-than-average amount of rainfall. Compared to the national average of 50.61 inches, Deerfield is in the 95th percentile across the country, indicating a significant amount of rainfall. While the state of New Hampshire averages 73.01 inches, Deerfield still stands out in terms of precipitation. By harnessing solar energy, you can take advantage of this plentiful resource to power your home efficiently.
Deerfield’s UV Rating
Deerfield, New Hampshire boasts an average UV rating of 3.37, slightly lower than both the national and state averages. This puts the town in the 13th percentile nationwide, showcasing its relatively low UV exposure. However, with an average max UV rating of 3.58, Deerfield experiences a bit more intense UV rays compared to the average. By installing solar panels, you can utilize the sun’s energy effectively, even with the town’s moderate UV ratings.
Deerfield’s Cloud Cover
Deerfield, New Hampshire sees an average of 52% cloud cover throughout the year, with varying degrees on different days. Despite being in the 81st percentile nationally, the town falls below the state average of 55.38% for cloud cover. With a mix of clear and cloudy days, Deerfield offers ample sunlight for solar panel efficiency. By capturing the sunlight on clearer days, you can still generate significant energy savings even with occasional cloud cover.
Deerfield New Hampshire Electricity Costs
Residents of Deerfield pay about $0.19/kw for electricity, which is higher than both the national average of $0.13/kw and New Hampshire’s average of $0.19/kw. Despite the higher electricity costs in the town, switching to solar power can provide substantial long-term financial benefits. By investing in solar panels, you can offset these high electricity costs and reduce your reliance on the grid, ultimately saving money on your energy bills each month.
When could you expect to break even on a solar installation in Deerfield New Hampshire?
Considering the weather and electricity costs in Deerfield 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:
- Deerfield New Hampshire receives more precipitation than the national average, but it still has good sunlight for solar panels to function efficiently.
- The UV ratings in Deerfield New Hampshire are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Deerfield New Hampshire is higher than the national average, but there are still many sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Deerfield New Hampshire pay 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 purchase from the grid, especially considering the higher electricity rates in Deerfield New Hampshire.
After calculations, it appears that it would take approximately 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 pay off the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years after the initial cost is covered. Investing in solar panels not only saves money but also contributes to a greener environment in the long run.
Investing in solar power in Deerfield New Hampshire
By analyzing the weather trends in Deerfield, New Hampshire, and the electricity costs in the area, it is evident that solar panels can be a beneficial and cost-effective investment for homeowners. Despite the town’s higher-than-average precipitation and cloud cover, solar panels can still function efficiently and generate significant energy savings. With electricity costs above the national average, switching to solar power can help residents offset these expenses and start saving money in the long term. Considering the data provided, it is clear that investing in solar panels in Deerfield can lead to financial benefits and contribute to a greener environment for many years to come.