Overview
If you live in Glassboro, New Jersey, installing solar panels on your home can lead to significant financial savings. By analyzing weather data and electricity costs specific to Glassboro, we can estimate how long it will take for a solar system to pay for itself. With the average amount of precipitation, UV ratings, and cloud cover throughout the year, investing in solar power can help you reduce your monthly electricity bills and make a positive impact on the environment. In this article, we will break down the costs involved in installing a solar system and provide you with a clear picture of the financial benefits you can expect.
Glassboro New Jersey Weather Trends
Glassboro Precipitation
With Glassboro receiving 62.65 inches of precipitation in the last year, it is evident that the town experiences a fair amount of rainfall. However, compared to the national average of 50.61 inches, Glassboro falls in the 76th percentile, indicating higher precipitation levels. In comparison to the New Jersey average of 65.31 inches, Glassboro is in a lower percentile, making it a region with moderate rainfall. Harnessing this rainfall to power solar panels can help you save on electricity costs over time.
Glassboro’s UV Rating
Having an average UV rating of 4.21, Glassboro receives a moderate amount of sunlight throughout the year. When compared to the national average of 4.29, Glassboro falls in the 54th percentile, showing consistent exposure to sunlight. In contrast, Glassboro surpasses the New Jersey average of 4.04, positioning it in the 86th percentile for UV ratings. The abundance of sunlight makes Glassboro an ideal location for installing solar panels to generate clean and renewable energy for your home.
Glassboro’s Cloud Cover
With an average of 44% cloud cover, Glassboro experiences a balance between sunny and cloudy days. Comparing this to the national average of 44.46%, Glassboro falls in the middle percentile, indicating a relatively consistent cloud cover throughout the year. In contrast, Glassboro ranks lower in cloud cover compared to the New Jersey average of 45.99%. By utilizing both sunny and cloudy days, solar panels in Glassboro can efficiently generate electricity to power your home while reducing your carbon footprint.
Glassboro New Jersey Electricity Costs
Glassboro residents pay approximately $0.18/kw for electricity, which is higher than both the national average of $0.13/kw and the New Jersey average of $0.16/kw. This high cost of electricity in Glassboro makes investing in solar panels a financially beneficial decision in the long run. By generating your electricity through solar power, you can significantly reduce your monthly utility bills, saving money while also contributing to a greener environment for future generations.
When could you expect to break even on a solar installation in Glassboro New Jersey?
Considering the weather and electricity costs in Glassboro, 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:
- Glassboro gets slightly more precipitation than the national average, but it still has plenty of sunshine for solar panels to work effectively.
- The UV ratings in Glassboro are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Glassboro is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Glassboro 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 Glassboro’s higher electricity rates, the savings are even more significant.
Based on the calculations, it would take approximately 5-6 years to cover the initial cost of the solar panels. After this period, the money saved on electricity bills will start to accumulate and pay off the investment. Since solar panels can last for 25-30 years, you’ll enjoy savings for many years beyond the break-even point. Investing in solar power is not only a financially wise decision, it also contributes to a more sustainable future.
Investing in solar power in Glassboro New Jersey
By analyzing the weather trends and electricity costs of Glassboro, New Jersey, it is evident that investing in solar panels can lead to significant financial savings over time. With higher than average precipitation levels, moderate UV ratings, and a balance of cloud cover, Glassboro provides an ideal environment for harnessing solar power. Additionally, the higher cost of electricity in Glassboro compared to national and state averages makes solar energy a financially beneficial choice. Calculations show that homeowners can break even on their solar panel investment in approximately 5-6 years, leading to long-term savings and a reduced carbon footprint. Embracing solar power not only saves money but also contributes to a greener and more sustainable future for everyone.