Overview
If you’re a Home, Pennsylvania resident looking to save money on your electricity bills, installing solar panels on your home could be a smart financial move. By analyzing weather data specific to your area, we can show you how much sunlight you can expect throughout the year, and how that translates to potential savings on your energy costs. By breaking down the cost of a solar system and estimating how long it will take to break even, we can demonstrate the long-term financial benefits of going solar in Home, Pennsylvania.
Home Pennsylvania Weather Trends
Home Precipitation
With an average of 60.07 inches of precipitation in the last year, Home, Pennsylvania ranks in the 70th percentile in the nation and the 59th percentile in Pennsylvania. This means that despite receiving more precipitation compared to the national average of 50.61 inches, Home is still in a good position for solar panel installation, given its location in Pennsylvania.
Home’s UV Rating
Home, Pennsylvania had an average UV rating of 3.52 in the last year, placing it in the 20th percentile in the nation and the 31st percentile in Pennsylvania. Although Home may receive slightly less sunlight compared to the national average of 4.29, it is important to note that this rating is still conducive to effective solar panel usage.
Home’s Cloud Cover
Home, Pennsylvania experienced an average of 55% cloud cover in the last year, ranking in the 89th percentile in the nation and the 71st percentile in Pennsylvania. While the cloud cover in Home is higher than the national average of 44.46%, there are still plenty of clear days for optimal solar panel performance.
Home Pennsylvania Electricity Costs
Home, Pennsylvania residents pay about $0.13/kw for electricity, placing them in the 65th percentile in the nation and the 28th percentile in Pennsylvania. Despite the average cost of electricity in Pennsylvania being $0.13/kw, installing solar panels can help homeowners save money in the long run, especially with the abundant sunlight available in Home.
When could you expect to break even on a solar installation in Home Pennsylvania?
Considering the weather and electricity costs in Home Pennsylvania, 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:
- Home Pennsylvania received more precipitation than the national average, which can impact solar panel efficiency.
- The UV ratings in Home Pennsylvania are slightly lower than the national average, but still suitable for generating solar power.
- The cloud cover in Home Pennsylvania is higher than the national average, which can affect the amount of sunlight available for solar panels.
Now, let’s consider the electricity costs:
- Residents in Home Pennsylvania pay the national average for electricity at $0.13/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:
- Using solar panels means buying less electricity from the grid, resulting in savings over time.
- With the average electricity cost in Home Pennsylvania, the savings can be calculated more accurately.
After analyzing the data, it appears that it would take approximately 6 years to cover the initial cost of the solar panels. From then on, the savings from reduced electricity bills will begin to accumulate and eventually make up for the investment. Since solar panels have a long lifespan, the savings can continue for many more years. Investing in solar power is a cost-effective and environmentally friendly way to save money in the long run.
Investing in solar power in Home Pennsylvania
Considering the weather trends in Home, Pennsylvania and the current electricity costs, investing in solar panels can be a financially beneficial decision for residents. Despite receiving more precipitation and having slightly lower UV ratings compared to national averages, the amount of clear days for optimal solar panel performance outweighs these factors. With an average electricity cost of $0.13/kw, it would take approximately 6 years to break even on a standard 10kW solar system. From that point on, the savings on electricity bills will continue to accumulate, making solar energy a cost-effective and eco-friendly choice for Home, Pennsylvania homeowners.