Overview
Are you a resident of East Walpole, Massachusetts looking to save money on your electricity bills while also helping the environment? In this article, we will show you the financial benefits of installing solar panels on your home based on weather data collected over 365 days in East Walpole. By breaking down the cost of a solar system and estimating the time it will take to break even, you can see how investing in solar energy can be a smart financial decision for your household.
East Walpole Massachusetts Weather Trends
East Walpole Precipitation
With East Walpole receiving 58.04 inches of precipitation in the last year, it falls in the 66th percentile nationally and the 6th percentile in Massachusetts. This means that while East Walpole sees more rain than the national average of 50.61 inches, it receives less precipitation compared to the rest of Massachusetts at 68.09 inches.
East Walpole’s UV Rating
East Walpole’s average UV rating of 3.71 places it in the 31st percentile nationally and the 87th percentile in Massachusetts. Although the UV rating in East Walpole is lower than the national average of 4.29, it is slightly higher than Massachusetts’s average of 3.69. Additionally, the average max UV rating in East Walpole of 3.97 is also higher than the national average of 4.61.
East Walpole’s Cloud Cover
In the past year, East Walpole had an average of 50% cloud cover, placing it in the 73rd percentile nationally and the 26th percentile in Massachusetts. While the average cloud cover in Massachusetts is 50.86%, East Walpole’s percentage is slightly lower. The distribution of cloud cover days in East Walpole varies with 89 days having clear skies, 102 days with some cloud cover, 79 days with moderate cloud cover, and 94 days with heavy cloud cover.
East Walpole Massachusetts Electricity Costs
Residents of East Walpole pay about $0.2 per kilowatt-hour for electricity, ranking it in the 98th percentile nationally and the 77th percentile in Massachusetts. While the residential electricity cost in East Walpole is higher than the national average of $0.13/kw, it is lower than the average in Massachusetts at $0.22/kw. By installing solar panels, you can reduce your reliance on grid electricity and save money in the long run.
When could you expect to break even on a solar installation in East Walpole Massachusetts?
Considering the weather and electricity costs in East Walpole 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:
- East Walpole receives more precipitation than the national average, but it still has enough sunshine for solar panels to be effective.
- The UV ratings in East Walpole are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in East Walpole is slightly higher than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in East Walpole 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 buy as much from the grid.
- With East Walpole’s higher electricity rates, the savings are even greater.
After calculating, it appears that it would take approximately 5-6 years to cover the initial cost of the solar panels. After this period, the money saved on electricity bills will continue to accumulate and pay off the investment. Keep in mind that solar panels have a long lifespan, so you will enjoy these savings for many years beyond the initial payback period. Investing in solar power is a smart way to save money and contribute to a cleaner environment!
Investing in solar power in East Walpole Massachusetts
Based on the weather data and electricity costs in East Walpole, Massachusetts, investing in solar panels can be a financially wise decision for residents. With the potential to break even on the initial cost within 5-6 years and continue saving on electricity bills for many more years, solar energy offers a sustainable and cost-effective option for homeowners. By harnessing the power of the sun, not only can you save money in the long run, but you can also play a part in reducing your carbon footprint. Consider the benefits of solar energy and make a positive impact on both your finances and the environment!