Overview
If you live in Edison, New Jersey, and are considering installing solar panels on your home, you’ve come to the right place. We have gathered weather data, including inches of precipitation, average max UV rating, average UV rating, and average percentage of cloud cover over a year to show you the potential benefits of switching to solar energy. By analyzing basic electricity costs and the cost of a solar system, we can estimate how long it will take for you to break even and start saving money by harnessing the power of the sun. Read on to learn more about the financial benefits of going solar in Edison.
Edison New Jersey Weather Trends
Edison Precipitation
With 64.92 inches of precipitation in the last year, Edison, New Jersey is in a comfortable position, ranking in the 47th percentile in the state and the 80th percentile in the country. Compared to the national average of 50.61 inches, Edison gets a bit more rain. Considering New Jersey’s average of 65.31 inches, it falls right around the middle. Embracing solar can help offset the impact of this rainfall and reduce electricity costs in the long run.
Edison’s UV Rating
Edison New Jersey enjoyed an average UV rating of 4.03 over the last year, placing it in the 52nd percentile in the state and the 47th percentile in the nation. In comparison to the national average of 4.29, Edison experiences slightly lower UV ratings. However, New Jersey’s state average of 4.04 is quite similar to Edison’s rating. By harnessing solar energy, residents can take advantage of these UV rays to generate clean and renewable electricity for their homes.
Edison’s Cloud Cover
With an average of 46% cloud cover in the last year, Edison, New Jersey falls within the 49th percentile in the state and the 57th percentile in the nation. The national average for cloud cover is 44.46%, while New Jersey’s average is slightly higher at 45.99%. Despite occasional cloudiness, Edison still experiences a significant number of clear days suitable for solar energy production. Installing solar panels can make the most of these sunny days and reduce reliance on traditional grid electricity.
Edison New Jersey Electricity Costs
Edison residents pay about $0.17 per kilowatt-hour for electricity, ranking the city in the 73rd percentile in New Jersey and the 96th percentile in the country. Comparing this to the national average of $0.13/kw and the state average of $0.16/kw, it’s evident that electricity costs in Edison are slightly higher. By switching to solar power, residents can lock in lower energy costs, reduce their carbon footprint, and potentially see significant savings on their monthly utility bills over time.
When could you expect to break even on a solar installation in Edison New Jersey?
Considering the weather and electricity costs in Edison, New Jersey, 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:
- Edison gets more rain than the national average, but it still has enough sunlight for solar panels to work effectively.
- The UV ratings are slightly lower than the national average, but they’re still good for generating solar power.
- Cloud cover is about average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Edison 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, which means we don’t need to buy as much from the grid.
- With Edison’s higher electricity rates, the savings are even greater.
After crunching the numbers, it looks like it would take around 4-5 years to cover the initial cost of the solar panels. That means, after 4-5 years, the money you save on electricity bills will start to add up and pay off the investment. And remember, solar panels last for a long time, so after that initial period, you’ll be enjoying those savings for many years to come. It’s a smart way to save money and help the environment at the same time!
Investing in solar power in Edison New Jersey
Choosing to switch to solar power in Edison, New Jersey can bring significant financial benefits over time. By analyzing the weather trends, such as precipitation, UV ratings, and cloud cover, along with the current electricity costs in the city, we see that solar panels are a viable option for residents looking to save money on their utility bills. With the potential to break even on the initial investment in 4-5 years and enjoy long-term savings, going solar is not only a smart financial choice but also a positive step towards reducing carbon footprint and helping the environment. Consider harnessing the power of the sun and start saving today!