Overview
Are you a resident of Jermyn, Pennsylvania looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’re looking for. By analyzing weather data and electricity rates specific to Jermyn, we can estimate the cost of a solar system and how long it will take to break even. With average annual savings of thousands of dollars, the financial benefits of going solar in Jermyn are clear.
Jermyn Pennsylvania Weather Trends
Jermyn Precipitation
With Jermyn Pennsylvania receiving 69.66 inches of precipitation in the last year, it is clear that this area experiences a significant amount of rainfall. Compared to the rest of the country, Jermyn is in the 88th percentile, and in Pennsylvania, it is in the 90th percentile. While this may seem like a lot, it actually means that Jermyn has great potential for solar energy generation, as rainwater can keep the solar panels clean and operating efficiently.
Jermyn’s UV Rating
In the last year, Jermyn Pennsylvania had an average UV rating of 3.44. This places Jermyn in the 16th percentile nationally and the 24th percentile in Pennsylvania. While the UV rating may not be the highest, it is still conducive to generating solar energy. With an average max UV rating of 3.74, Jermyn is in a good position for harnessing the power of the sun. Installing solar panels can take advantage of these UV levels, leading to significant energy savings over time.
Jermyn’s Cloud Cover
Jermyn Pennsylvania had an average of 56% cloud cover in the last year, which is higher than the national average of 44.46%. Despite this, Jermyn is in the 90th percentile nationally and the 76th percentile in Pennsylvania for cloud cover. With varying degrees of cloud cover throughout the year, solar panels can still generate a substantial amount of electricity. Even on cloudy days, solar panels can capture sunlight and convert it into energy for your home.
Jermyn Pennsylvania Electricity Costs
Residents of Jermyn Pennsylvania pay about $0.14/kw for electricity, positioning them in the 86th percentile nationally and the 84th percentile in Pennsylvania. While this may be slightly higher than the national average of $0.13/kw, going solar can significantly reduce or even eliminate your electricity bills over time. By investing in solar panels, Jermyn residents can lock in lower energy costs and enjoy substantial savings in the long run.
When could you expect to break even on a solar installation in Jermyn Pennsylvania?
Considering the weather and electricity costs in Jermyn, 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:
- Jermyn gets more rainfall than the national average, but it still has enough sunlight for solar panels to function effectively.
- The UV ratings in Jermyn are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Jermyn is slightly higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Jermyn pay slightly 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 purchased from the grid.
- Due to the higher electricity rates in Jermyn, the savings are greater.
After analyzing the numbers, it appears that it would take around 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 last for a long time, you’ll continue to enjoy those savings for many years after that initial period. It’s a wise way to save money and contribute to environmental conservation simultaneously!
Investing in solar power in Jermyn Pennsylvania
With the potential for significant annual savings and the ability to break even on the initial investment in around 6 years, installing solar panels in Jermyn, Pennsylvania is a smart financial decision. Despite slightly higher electricity costs and varying weather conditions, solar energy can provide long-term benefits for residents looking to reduce their utility bills. By harnessing the power of the sun, Jermyn homeowners can not only save money but also contribute to a cleaner, more sustainable future.