Overview
Are you a Gorham, New Hampshire resident looking to save money on your electricity bills while also helping the environment? Installing solar panels on your home could be the perfect solution for you. By analyzing weather data specific to Gorham, including the average monthly precipitation, UV rating, and cloud cover, we can show you just how much money you could save with a solar system. We will break down the cost of installation and estimate how long it will take for you to break even, allowing you to make a well-informed decision about going solar. So why wait? Let’s dive into the financial benefits of solar energy for your home in Gorham.
Gorham New Hampshire Weather Trends
Gorham Precipitation
With Gorham, New Hampshire receiving 86.58 inches of precipitation in the last year, it’s clear that the area sees a significant amount of rainfall. Compared to the national average of 50.61 inches, Gorham ranks in the 98th percentile nationwide and the 96th percentile within New Hampshire. This means that with such high precipitation levels, solar panels can still be a smart investment for your home in Gorham.
Gorham’s UV Rating
Despite Gorham, New Hampshire having an average UV rating of 2.96, ranking it in the 2nd percentile nationally and the 14th percentile within New Hampshire, solar energy can still be harnessed effectively in the area. The national average UV rating of 4.29 may be higher, but that does not detract from the benefits of installing solar panels in Gorham. Even with the average max UV rating of 3.13, Gorham residents can still benefit from solar energy.
Gorham’s Cloud Cover
With Gorham, New Hampshire experiencing an average of 62% cloud cover, ranking it in the 98th percentile in the nation and the 90th percentile within New Hampshire, you may think solar panels wouldn’t be as effective. However, with 55 days of minimal cloud cover, there are still plenty of opportunities for solar energy production. Even on cloudier days, having solar panels can reduce your reliance on traditional electricity sources.
Gorham New Hampshire Electricity Costs
At $0.19/kw, Gorham residents pay more for electricity compared to the national average of $0.13/kw. However, when looking at the New Hampshire average of $0.19/kw, it becomes clear that solar panels can help save you money in the long run. By harnessing the abundant precipitation, UV rating, and even the cloudy days, the cost of installing solar panels in Gorham can be offset by savings on your electricity bills.
When could you expect to break even on a solar installation in Gorham New Hampshire?
Considering the weather and electricity costs in Gorham 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:
- Gorham New Hampshire receives more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Gorham New Hampshire are a bit lower than the national average, but they are still sufficient for generating solar power.
- Cloud cover in Gorham New Hampshire is higher than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Gorham 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.
- Due to Gorham New Hampshire’s higher electricity rates, the savings are even more significant.
After evaluating the numbers, it appears that it would take approximately 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the money saved on electricity bills will start to accumulate and pay off the investment. Remember, solar panels have a long lifespan, so after that initial period, you’ll enjoy those savings for many more years. It’s a wise way to save money and contribute to a greener environment!
Investing in solar power in Gorham New Hampshire
With the unique weather conditions in Gorham, New Hampshire and the above-average electricity costs for residents, investing in solar panels can be a smart financial decision. Despite high levels of precipitation, lower UV ratings, and significant cloud cover, solar energy can still be harnessed effectively in Gorham. By analyzing the data and estimating the time it would take to break even on a solar panel installation, it becomes clear that the financial benefits of going solar in Gorham are worth considering. Not only can you save money on your electricity bills, but you can also contribute to a greener environment by reducing your reliance on traditional power sources. So why wait? Take advantage of the potential savings and environmental impact of installing solar panels on your home in Gorham today!