Overview
This article will provide you with valuable information on why installing solar panels on your home in Harriman, New York can save you money in the long run. By analyzing weather data, electricity costs, and the cost of a solar system, we will show you how quickly you can break even on your investment. With the average annual weather conditions in Harriman and the rising cost of electricity, switching to solar power can be a smart financial decision that benefits both your wallet and the environment.
Harriman New York Weather Trends
Harriman Precipitation
With Harriman receiving 70.29 inches of precipitation in the last year, it falls in the 89th percentile nationally and the 77th percentile in New York. Compared to the national average of 50.61 inches and New York’s average of 63.5 inches, Harriman experiences more rainfall, making it an ideal location for solar panels.
Harriman’s UV Rating
Having an average UV rating of 3.64, Harriman ranks in the 25th percentile nationally and the 71st percentile in New York. The national average UV rating is 4.29, while New York’s average is 3.57. With an average max UV rating of 3.93, Harriman ranks in the 29th percentile nationally and the 59th percentile in New York. Solar panels can efficiently generate power in Harriman’s sun-filled days.
Harriman’s Cloud Cover
Despite having an average of 49% cloud cover, Harriman still ranks in the 70th percentile nationally and the 23rd percentile in New York. The national average for cloud cover is 44.46%, and New York’s average is 54.76%. With a significant number of days having clear skies, solar panels in Harriman can capture ample sunlight for energy production.
Harriman New York Electricity Costs
Residential electricity costs in Harriman sit at $0.19/kw, placing Harriman in the 97th percentile nationally and the 85th percentile in New York. The national average is $0.13/kw, while New York’s average is $0.15/kw. By investing in solar panels, Harriman residents can take control of their energy expenses and save money in the long run.
When could you expect to break even on a solar installation in Harriman New York?
Considering the weather and electricity costs in Harriman 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:
- Harriman New York gets more rain than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Harriman New York are slightly lower than the national average, but they are still sufficient for generating solar power.
- Cloud cover in Harriman New York is slightly higher than the national average, with varying degrees of coverage throughout the year.
Now, let’s consider the electricity costs:
- Residents in Harriman New York 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:
- The solar system generates electricity, reducing the amount needed from the grid.
- Given Harriman New York’s higher electricity rates, the savings from using solar power would be considerable.
After analyzing the numbers, it appears that it would take approximately 7 years to recover the initial cost of the solar panels. This means that after 7 years, the savings on electricity bills will begin to compensate for the investment. Moreover, solar panels have a long lifespan, which means that beyond this initial period, you will continue to benefit from these savings for many years. It’s a wise financial decision that not only saves money but also contributes to environmental conservation.
Investing in solar power in Harriman New York
Switching to solar power in Harriman, New York can be a wise financial decision. By analyzing weather trends and electricity costs, we have determined that investing in solar panels could lead to significant long-term savings. With Harriman’s ample sunlight, despite higher cloud cover and precipitation, solar panels can efficiently generate power. Additionally, with electricity costs higher than the national average, the potential savings from solar power installation are considerable. After breaking down the costs and savings, it is estimated that it would take around 7 years to recover the initial investment in solar panels. Beyond this period, the savings on electricity bills will continue, making it a smart investment choice. Not only will installing solar panels benefit your wallet, but it will also contribute to environmental conservation, making it a win-win situation.