Overview
Are you a Delmar, Delaware resident looking to save money on your electricity bill? Installing solar panels on your home could be a smart financial decision. By analyzing weather data and electricity costs specific to Delmar, we can estimate how long it will take for you to break even on the cost of a solar system. With sunny days, low precipitation, and high UV ratings, Delmar is the perfect place to harness the power of the sun and start saving money on your energy bills. Let’s take a closer look at the financial benefits of going solar in Delmar, Delaware.
Delmar Delaware Weather Trends
Delmar Precipitation
With Delmar receiving 59.28 inches of precipitation in the last year, it falls above the national average of 50.61 inches but below Delaware’s average of 62.92 inches. Despite this, the amount of rainfall in Delmar is still relatively high compared to other locations in the country. By harnessing the power of solar energy, residents can take advantage of sunny days to offset any potential electricity costs incurred due to increased rainfall.
Delmar’s UV Rating
Delmar’s average UV rating of 4.39 in the last year ranks above the national average of 4.29 but falls slightly below Delaware’s average of 4.34. This means that Delmar residents can benefit from higher sun exposure, making it an ideal location for solar panels. With a higher UV rating than the national average, Delmar offers ample sunlight for generating solar energy efficiently.
Delmar’s Cloud Cover
Delmar experienced an average cloud cover of 44% in the last year, putting it on par with the national average but slightly below Delaware’s average. The distribution of cloud cover days also indicates plenty of opportunities to capitalize on solar energy. With a balanced mix of clear and cloudy days, residents can still generate significant solar power even when clouds are present.
Delmar Delaware Electricity Costs
At $0.12/kw for electricity, Delmar residents pay below the national average of $0.13/kw and equal to Delaware’s average. This lower electricity cost combined with favorable weather conditions makes investing in solar panels a financially wise decision for Delmar residents. By reducing dependency on traditional electricity sources, homeowners can potentially save more money in the long run while also contributing to a greener environment.
When could you expect to break even on a solar installation in Delmar Delaware?
Considering the weather and electricity costs in Delmar, Delaware, 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:
- Delmar, Delaware receives more precipitation than the national average, but still has a good amount of sunshine for solar panels to work effectively.
- The UV ratings in Delmar are slightly above the national average, indicating good conditions for generating solar power.
- Cloud cover in Delmar is very close to the national average, varying throughout the year.
Now, let’s consider the electricity costs:
- Residents in Delmar, Delaware pay slightly less 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 from the grid.
- With the slightly lower electricity rates in Delmar, the savings are still significant.
After crunching the numbers, it looks like it would take around 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will start to make up for the investment. And remember, solar panels have a long lifespan, so you’ll continue to save money for many years to come. Investing in solar power is a smart way to save money and contribute to a greener future!
Investing in solar power in Delmar Delaware
With favorable weather conditions, lower electricity costs, and the potential for significant savings, investing in solar panels in Delmar, Delaware is a smart financial decision. By harnessing the power of the sun, residents can expect to break even on the cost of a solar system in about 6 years. Not only will this investment save money on electricity bills in the long run, but it will also contribute to a greener environment and a sustainable future. So why wait? Start saving money and making a positive impact by going solar in Delmar!