Overview
Are you looking to save money on your electricity bills in Estell Manor, New Jersey? Installing solar panels on your home may be the solution for you! By analyzing weather data and electricity costs specific to the area, we can show you how much money you can potentially save each year by switching to solar energy. We will break down the costs of a solar system and estimate how long it will take for you to break even. So, if you want to start putting money back in your pocket while also being environmentally friendly, keep reading to learn more about the financial benefits of going solar.
Estell Manor New Jersey Weather Trends
Estell Manor Precipitation
With 63.31 inches of precipitation in the last year, Estell Manor, New Jersey is in the 77th percentile in the nation and the 36th percentile in New Jersey. Comparing this to the national average of 50.61 inches and New Jersey’s average of 65.31 inches, it’s clear that Estell Manor receives a significant amount of precipitation, making it an ideal location for harnessing solar energy.
Estell Manor’s UV Rating
Estell Manor New Jersey had an average UV rating of 4.21 in the last year, placing it at the 54th percentile in the nation and the 85th percentile in New Jersey. When compared to the national average of 4.29 and New Jersey’s average of 4.04, Estell Manor’s UV ratings indicate ample sunlight exposure, perfect for generating solar power efficiently.
Estell Manor’s Cloud Cover
Despite having an average of 45% cloud cover in the last year, Estell Manor New Jersey is still in the 54th percentile in the nation and the 31st percentile in New Jersey. The national average for cloud cover is 44.46%, while New Jersey’s average is 45.99%. With a significant number of clear sky days, Estell Manor offers a favorable environment for solar panel installation.
Estell Manor New Jersey Electricity Costs
Estell Manor residents pay about $0.18/kw for electricity, ranking the town in the 97th percentile in the nation and the 100th percentile in New Jersey. In comparison, the national average for residential electricity is $0.13/kw, and New Jersey’s average is $0.16/kw. By investing in solar panels, residents can offset these high electricity costs and see substantial savings in the long run.
When could you expect to break even on a solar installation in Estell Manor New Jersey?
Considering the weather and electricity costs in Estell Manor, 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:
- Estell Manor gets more rain than the national average, but still has enough sunshine for solar panels to work effectively.
- The UV ratings in Estell Manor are slightly below the national average but are still suitable for generating solar power.
- Cloud cover in Estell Manor is around the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Estell Manor 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 amount needed from the grid.
- With Estell Manor’s higher electricity rates, the savings are even greater.
After crunching the numbers, it looks like it would take around 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. Since solar panels last for a long time, you can enjoy those savings for many more years to come. Investing in solar energy is a smart way to save money and contribute to a greener environment.
Investing in solar power in Estell Manor New Jersey
When considering the weather trends and electricity costs in Estell Manor, New Jersey, investing in solar panels appears to be a financially wise decision. With ample sunlight exposure and high electricity rates in the area, a standard solar system could pay for itself in approximately 7 years. After this initial investment is recouped, residents can enjoy significant savings on their electricity bills for many more years to come. By harnessing solar energy, not only can homeowners save money, but they can also make a positive impact on the environment. Going solar in Estell Manor is a win-win situation for both your wallet and the planet.