Overview
Are you a resident of Greenland, New Hampshire looking to save on your electricity costs? Installing solar panels on your home could be the solution you’ve been searching for. In this article, we will explore the financial benefits of going solar in Greenland, breaking down the cost of a solar system and estimating how long it will take for you to break even. By analyzing weather data and electricity costs specific to the area, we will show you just how much money you could save by making the switch to solar energy.
Greenland New Hampshire Weather Trends
Greenland Precipitation
With Greenland, New Hampshire receiving 71.77 inches of precipitation in the last year, it ranks in the 91st percentile nationally and the 43rd percentile in the state. When compared to the national average of 50.61 inches and New Hampshire’s average of 73.01 inches, it’s clear that Greenland experiences a significant amount of precipitation. By harnessing the power of solar energy, residents can take advantage of this natural resource to generate electricity even during rainy days.
Greenland’s UV Rating
Greenland, New Hampshire has an average UV rating of 3.48, placing it in the 18th percentile nationally and the 79th percentile within the state. Comparing this to the national average of 4.29 and New Hampshire’s average of 3.25, it’s evident that Greenland has moderate sun exposure. Installing solar panels can help residents capitalize on the available sunlight, reducing reliance on traditional energy sources and lowering electricity costs in the process.
Greenland’s Cloud Cover
With an average of 51% cloud cover in the last year, Greenland, New Hampshire falls in the 77th percentile nationally and the 8th percentile within the state. In comparison to the national average of 44.46% and New Hampshire’s average of 55.38%, Greenland experiences a moderate amount of cloud cover. Despite this, solar panels can still be effective in generating electricity, especially on clearer days where sunlight is abundant.
Greenland New Hampshire Electricity Costs
Residents of Greenland, New Hampshire pay approximately $0.18/kw for electricity, ranking it in the 97th percentile nationally and the 50th percentile within the state. When looking at the national average of $0.13/kw and New Hampshire’s average of $0.19/kw, it’s evident that electricity costs in Greenland are relatively high. By investing in solar panels, residents can not only save money in the long run but also contribute to a cleaner environment by reducing their carbon footprint.
When could you expect to break even on a solar installation in Greenland New Hampshire?
Considering the weather and electricity costs in Greenland, 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:
- Greenland, 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 Greenland, New Hampshire are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Greenland, New Hampshire is slightly higher than the national average, with different levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Greenland, New Hampshire pay more for electricity compared to the national average, at $0.18/kw.
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 solar system generates electricity, reducing the need to buy as much from the grid.
- With Greenland, New Hampshire’s higher electricity rates, the savings are even greater than in other parts of the country.
After doing the calculations, it appears that it would take around 6 years to cover the initial cost of the solar panels in Greenland, New Hampshire. This means that after 6 years, the money saved on electricity bills will begin to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, these savings will continue for many years. Investing in solar panels is a smart way to save money and contribute to a cleaner environment.
Investing in solar power in Greenland New Hampshire
Installing solar panels in Greenland, New Hampshire can be a financially savvy decision for residents looking to save on electricity costs. With higher than average precipitation, moderate sunlight exposure, and relatively high electricity rates in the area, solar energy can provide significant savings in the long run. By investing in a solar system, residents could break even on their initial investment in around 6 years and continue to benefit from reduced electricity bills for many years to come. Not only does solar energy offer financial benefits, but it also contributes to a cleaner environment by reducing carbon emissions. Consider making the switch to solar power and start enjoying the savings and sustainability it offers.