Overview
In Franconia, New Hampshire, installing solar panels on your home can lead to significant savings on your electricity bills. By analyzing weather data and electricity costs over a year, we can show you how a solar system can pay for itself and even start generating profits. Let us break down the costs and time frame to help you decide if solar is the right choice for your home in Franconia.
Franconia New Hampshire Weather Trends
Franconia Precipitation
With 72.18 inches of precipitation in the last year, Franconia is in the 91st percentile in the nation. While this may seem high, it actually puts Franconia in the 47th percentile in New Hampshire. Comparing to the national average of 50.61 inches and New Hampshire’s average of 73.01 inches, Franconia’s precipitation level is stable and makes it a great location for solar panel installation.
Franconia’s UV Rating
Despite Franconia’s low UV rating of 2.77, which is in the 1st percentile nationally and the 6th percentile in New Hampshire, solar energy is still a great option for Franconia residents. The national average UV rating is 4.29, and the New Hampshire average is 3.25. Even with lower UV ratings, solar panels can still generate substantial energy savings for your home.
Franconia’s Cloud Cover
With an average of 64% cloud cover in the last year, Franconia is in the 99th percentile nationally and the 93rd percentile in New Hampshire. Despite this high cloud cover, solar panels can still be a profitable investment. Even with 152 days of heavy cloud cover, the overall potential for solar energy generation remains strong in Franconia.
Franconia New Hampshire Electricity Costs
At $0.19/kw for electricity, Franconia is in the 97th percentile nationally and the 88th percentile in New Hampshire. While the national average is $0.13/kw, Franconia’s higher electricity costs make solar panel installation an even more compelling decision. By investing in solar panels, residents can significantly reduce their electricity bills and potentially even generate profits over time.
When could you expect to break even on a solar installation in Franconia New Hampshire?
Considering the weather and electricity costs in Franconia New Hampshire, 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:
- Franconia New Hampshire receives more precipitation than the national average, but it still has enough sunshine for solar panels to be effective.
- The UV ratings in Franconia New Hampshire are lower than the national average, but they are still suitable for generating solar power.
- The cloud cover in Franconia New Hampshire is higher than the national average, with a significant number of days having between 75% and 100% cloud cover.
Now, let’s consider the electricity costs:
- Residents in Franconia New Hampshire 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, especially with higher electricity rates in Franconia New Hampshire.
After calculating the numbers, it appears that it would take around 6-7 years to cover the initial cost of the solar panels in Franconia New Hampshire. This means that after 6-7 years, the money saved on electricity bills will start to offset the investment. Since solar panels have a lifespan of 25-30 years, you will continue to benefit from these savings for a long time. Investing in solar power not only helps save money but also contributes to a greener environment.
Investing in solar power in Franconia New Hampshire
Installing solar panels in Franconia, New Hampshire can lead to significant savings on electricity bills and even generate profits over time. Despite the high precipitation, low UV rating, and frequent cloud cover in Franconia, solar energy remains a viable option for residents. With electricity costs higher than the national average, investing in solar panels can help reduce bills and pay off the initial cost in around 6-7 years. Choosing solar power not only saves money but also contributes to a more sustainable environment for the future.