Overview
If you’re a Holderness resident looking to save money on your electricity bills, installing solar panels on your home could be a smart decision. By analyzing weather data specific to Holderness, including inches of precipitation, average max UV rating, average UV rating, and average percentage of cloud cover over the course of a year, we can estimate how much energy your solar system will generate. With basic electricity costs factored in, we can also break down the initial cost of a solar system and forecast how long it will take for you to start saving money. Investing in solar panels can have a positive impact on your wallet in the long run.
Holderness New Hampshire Weather Trends
Holderness Precipitation
With Holderness, New Hampshire receiving 74.11 inches of precipitation in the last year, it is in the 93rd percentile in the country and the 59th percentile in the state. Compared to the national average of 50.61 inches and New Hampshire’s average of 73.01 inches, the higher precipitation levels in Holderness make it an ideal location for generating solar energy, as rain can help clean the panels and increase their efficiency.
Holderness’s UV Rating
Holderness, New Hampshire had an average UV rating of 3.24 in the last year, ranking it in the 9th percentile nationwide and the 44th percentile within the state. Compared to the national average of 4.29 and New Hampshire’s average of 3.25, Holderness may receive slightly less sunlight, but it still has enough sun exposure to make solar panels a worthwhile investment for saving money on electricity bills in the long run.
Holderness’s Cloud Cover
Holderness, New Hampshire experienced an average cloud cover of 55% in the last year, placing it in the 88th percentile nationally and the 59th percentile within the state. With a national average of 44.46% and New Hampshire’s average of 55.38%, Holderness’s cloud cover levels offer a good balance for solar energy generation, allowing for sunny days to efficiently harness the power of the sun.
Holderness New Hampshire Electricity Costs
Holderness residents pay about $0.2/kw for electricity, which ranks them in the 98th percentile in the nation and the 100th percentile in New Hampshire. In comparison, the national average is $0.13/kw, and New Hampshire’s average is $0.19/kw. With higher-than-average electricity costs in Holderness, investing in solar panels can provide substantial long-term savings on your utility bills, making it a financially savvy choice for homeowners in the area.
When could you expect to break even on a solar installation in Holderness New Hampshire?
Considering the weather and electricity costs in Holderness, 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:
- Holderness gets more precipitation than the national average, but there are still plenty of sunny days for solar panels to be effective.
- The UV ratings in Holderness are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Holderness is slightly higher than the national average, so there may be a bit less sunlight on certain days.
Now, let’s consider the electricity costs:
- Holderness residents pay a bit 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, thus saving money on electricity bills.
- With Holderness’s higher electricity rates, the savings could be substantial over time.
After analyzing the data, it appears that it may take around 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the savings on electricity bills will start to offset the investment. Given that solar panels can last for 25-30 years, you will continue to enjoy savings for many years after that initial period. Investing in solar panels can not only save you money but also contribute to environmental sustainability in the long run.
Investing in solar power in Holderness New Hampshire
Installing solar panels in Holderness, New Hampshire can be a wise choice for residents looking to save money on their electricity bills. The higher precipitation levels, decent UV ratings, and slightly above-average cloud cover in Holderness provide a good balance for solar energy generation. With electricity costs higher than the national average, investing in solar panels can lead to significant long-term savings. By analyzing the data, it is estimated that it may take around 7-8 years to break even on the initial cost of the solar system. This investment not only benefits your wallet but also contributes to environmental sustainability for years to come.