Overview
Are you a resident of Goshen, New Hampshire looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been searching for. By analyzing weather data specific to Goshen, including inches of precipitation, average UV ratings, and percentage cloud cover, we can estimate the cost of a solar system and how long it will take to break even. With the financial benefits of switching to solar power, you could see significant savings in the long run. Let’s explore the advantages of going solar in Goshen.
Goshen New Hampshire Weather Trends
Goshen Precipitation
With Goshen, New Hampshire receiving 66.63 inches of precipitation in the last year, it is in the 83rd percentile nationally and the 16th percentile within the state. Compared to the national average of 50.61 inches and New Hampshire’s average of 73.01 inches, Goshen’s slightly higher than average precipitation levels make it a great location for harnessing solar energy. By utilizing solar panels, residents can take advantage of this abundance of natural resources to generate clean and sustainable power.
Goshen’s UV Rating
Having an average UV rating of 3.02, Goshen is in the 3rd percentile nationally and the 18th percentile within New Hampshire. In comparison, the national average UV rating is 4.29, while New Hampshire’s average is 3.25. Despite the lower UV rating, solar panels can still be a highly efficient energy solution in Goshen. Installing solar panels allows residents to benefit from the sunlight available, producing renewable energy and reducing reliance on traditional, less sustainable power sources.
Goshen’s Cloud Cover
With an average cloud cover of 56%, Goshen falls in the 89th percentile nationally and the 66th percentile within New Hampshire. While higher cloud cover may impact solar energy production, Goshen’s relatively moderate cloud cover still allows for ample sunlight exposure. With a significant number of days featuring varying cloud cover levels, residents can capitalize on sunny days to generate electricity through solar panels, offsetting grid electricity usage and lowering overall energy costs.
Goshen New Hampshire Electricity Costs
Residents of Goshen, New Hampshire pay about $0.19/kw for electricity, placing the town in the 97th percentile nationally and the 88th percentile within the state. Comparatively, the national residential electricity average is $0.13/kw, while New Hampshire’s average is $0.19/kw. Given the slightly higher electricity costs in Goshen, installing solar panels can lead to substantial savings over time by reducing reliance on utility power and taking advantage of the free and abundant energy provided by the sun.
When could you expect to break even on a solar installation in Goshen New Hampshire?
Considering the weather and electricity costs in Goshen, 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:
- Goshen receives more precipitation compared to the national average, which can affect solar panel efficiency.
- The UV ratings in Goshen are slightly lower than the national average, but still decent for generating solar power.
- Cloud cover in Goshen is higher than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Goshen 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.
- Given Goshen’s higher electricity rates, the savings are significant.
After calculations, it appears that it would take approximately 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will start to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, you can enjoy these savings for many more years to come. Investing in solar power is not only a savvy financial choice but also an environmental-friendly one!
Investing in solar power in Goshen New Hampshire
Switching to solar power in Goshen, New Hampshire can be a smart financial decision for residents looking to save money on electricity bills. With higher than average precipitation levels, decent UV ratings, and moderate cloud cover, Goshen provides an ideal environment for harnessing solar energy. Despite slightly higher electricity costs compared to national averages, installing solar panels can lead to substantial long-term savings. By investing in solar power, residents can expect to break even on their initial investment in approximately 6 years, with the added benefit of reducing reliance on traditional power sources and contributing to a more sustainable future. Embracing solar energy in Goshen can bring both financial and environmental advantages to homeowners in the area.