Overview
Are you a homeowner in Franklin, New York looking to save money on your electricity bills? Installing solar panels on your home could be a wise investment. By analyzing weather data and electricity costs specific to Franklin, we will show you how much money you could save by switching to solar energy. With data on precipitation, UV ratings, and cloud cover throughout the year, we will break down the cost of a solar system and estimate how long it will take for you to start seeing a return on your investment.
Franklin New York Weather Trends
Franklin Precipitation
With Franklin, New York receiving 69.23 inches of precipitation in the last year, it is evident that the area experiences above-average rainfall. Compared to the rest of the country, Franklin falls in the 87th percentile, indicating a higher level of precipitation. While New York’s average is higher than Franklin’s, it is still lower than the national average. Installing solar panels in a rainy area like Franklin can actually be beneficial as solar panels can still generate electricity on cloudy days.
Franklin’s UV Rating
Franklin, New York had an average UV rating of 3.04 in the last year, which is slightly lower than the national average. Despite this, the area still receives a decent amount of sunlight. Being in the 4th percentile nationally and the 7th percentile in New York, residents can expect consistent sun exposure suitable for solar energy production. With an average max UV rating of 3.26, Franklin residents have a good opportunity to harness solar energy for their homes.
Franklin’s Cloud Cover
Franklin, New York had an average cloud cover of 63% in the last year, with a majority of days ranging from 50% to 100% cloud cover. While this may seem high, solar panels can still produce electricity even on cloudy days. Compared to national and state averages, Franklin’s cloud cover is significantly higher. Despite this, investing in solar panels can help residents offset their reliance on traditional electricity sources and reduce their environmental impact.
Franklin New York Electricity Costs
Franklin residents pay approximately $0.11/kw for electricity, placing them below the national and New York averages. By installing solar panels, homeowners can take advantage of the abundant sunlight in Franklin to generate their own electricity and reduce their reliance on the grid. Over time, this can lead to significant savings on energy bills and help mitigate the impact of rising electricity costs.
When could you expect to break even on a solar installation in Franklin New York?
Considering the weather and electricity costs in Franklin New York, 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:
- Franklin New York receives more precipitation than the national average, but it still has a good amount of sunshine for solar panels to be effective.
- The UV ratings in Franklin New York are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Franklin New York is higher than the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Franklin New York pay slightly less 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 purchased from the grid.
- Considering Franklin New York’s electricity rates, the savings from using solar power are significant.
After analyzing the cost data, it appears that it would take approximately 7 years to cover the initial cost of the solar panels. This means that after 7 years, the savings on electricity bills will surpass the upfront investment. Additionally, since solar panels last for a long time, the savings will continue to accumulate for many years beyond the break-even point. Investing in solar panels is a wise financial decision that also contributes to environmental sustainability.
Investing in solar power in Franklin New York
After analyzing the weather trends and electricity costs specific to Franklin, New York, it is clear that installing solar panels can result in significant savings for homeowners. Despite the area’s higher precipitation and cloud cover, the ample sunlight and lower electricity costs make it an ideal location for solar energy production. With an estimated break-even point of around 7 years, investing in solar panels not only provides financial benefits but also contributes to environmental sustainability. Take the leap towards solar energy and start saving on your electricity bills today!