Overview
In Farmington, Connecticut, installing solar panels on your home can lead to significant financial benefits. By analyzing a year’s worth of weather data and electricity costs, we can show you how much money you could save on your monthly bills. With the cost of a solar system broken down and the estimated time it would take to break even, you’ll see why making the switch to solar is a smart investment for your home and your wallet.
Farmington Connecticut Weather Trends
Farmington Precipitation
With Farmington receiving 70.28 inches of precipitation in the last year, it is evident that the area sees a fair amount of rain. Although this puts Farmington in the 89th percentile in the nation, it is only in the 47th percentile compared to the rest of Connecticut. With the national average for total precipitation being 50.61 inches, Farmington clearly receives more rain than most parts of the country.
Farmington’s UV Rating
Considering Farmington’s average UV rating of 3.75, it falls in the 33rd percentile nationwide, but the 71st percentile within Connecticut. It is worth noting that the national average for average UV rating is 4.29, indicating that Farmington receives slightly less sunlight compared to other parts of the country. However, with an average max UV rating of 4.03, Farmington is closer to the state average of 3.93 than the national average of 4.61.
Farmington’s Cloud Cover
Farmington experienced an average cloud cover of 48% in the last year, putting it in the 68th percentile nationally and the 31st percentile within Connecticut. While Farmington may see more clouds than the national average of 44.46%, it has less cloud cover compared to the state average of 49.34%. With a good balance of sunny and cloudy days, Farmington offers ideal conditions for solar energy production.
Farmington Connecticut Electricity Costs
Residents in Farmington pay about $0.22/kw for electricity, which is on the higher end compared to the rest of the country, placing the town in the 99th percentile nationally. However, in terms of Connecticut, Farmington falls in the 80th percentile for electricity costs. Despite the higher rates in Farmington, investing in solar panels can help offset these costs in the long run and provide significant savings on monthly electricity bills.
When could you expect to break even on a solar installation in Farmington Connecticut?
Considering the weather and electricity costs in Farmington Connecticut, 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:
- Farmington Connecticut receives more precipitation than the national average, but it still has enough sunny days for solar panels to be effective.
- The UV ratings in Farmington Connecticut are slightly lower than the national average, but they are sufficient for generating solar power.
- Cloud cover in Farmington Connecticut is slightly higher than the national average, with varying cloud cover percentages throughout the year.
Now, let’s consider the electricity costs:
- Residents in Farmington Connecticut 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 purchase as much electricity from the grid.
- With higher electricity rates in Farmington Connecticut, the savings from using solar power are even more significant.
After analyzing the data, it appears that it would take approximately 5 years to cover the initial cost of the solar panels in Farmington Connecticut. This means that after 5 years, the money saved on electricity bills will begin to add up and recover the initial investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years beyond the break-even point. Investing in solar panels is a wise financial decision that not only saves money but also contributes to environmental sustainability.
Investing in solar power in Farmington Connecticut
Considering the weather trends and electricity costs in Farmington, Connecticut, investing in solar panels can lead to significant financial benefits for homeowners. With the right conditions for solar energy production and higher electricity rates in the area, installing a solar system can help you break even on your investment in about 5 years. Beyond that point, you’ll continue to save money on your monthly electricity bills for many years to come. Making the switch to solar is not only a smart investment for your wallet but also a step towards a more sustainable future.