Overview
In Kendall Park, New Jersey, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs specific to the area, it is clear that the investment in a solar system can pay off over time. With the average amount of sunshine and relatively low percentage of cloud cover in Kendall Park, residents can expect to see savings on their energy bills and potentially break even on the initial cost of the system within a reasonable timeframe.
Kendall Park New Jersey Weather Trends
Kendall Park Precipitation
With Kendall Park receiving 61.61 inches of precipitation in the last year, it falls in the 74th percentile in the nation and the 25th percentile in New Jersey. Compared to the national average of 50.61 inches, Kendall Park’s higher rainfall provides optimal conditions for solar panel efficiency.
Kendall Park’s UV Rating
Having an average UV rating of 4.07, Kendall Park ranks in the 48th percentile in the nation and the 66th percentile in New Jersey. This moderate UV rating, above the national average of 4.29, ensures that solar panels in Kendall Park can generate substantial energy throughout the year.
Kendall Park’s Cloud Cover
With an average of 46% cloud cover in the last year, Kendall Park is in the 56th percentile in the nation and the 43rd percentile in New Jersey. The relatively low cloud cover compared to national and state averages enables solar panels in Kendall Park to consistently harness sunlight and produce energy efficiently.
Kendall Park New Jersey Electricity Costs
Residents of Kendall Park pay approximately $0.17/kw for electricity, placing the town in the 96th percentile in the nation and the 73rd percentile in New Jersey. While this is higher than the national average of $0.13/kw, the potential savings from installing solar panels make it a worthwhile investment in the long run.
When could you expect to break even on a solar installation in Kendall Park New Jersey?
Considering the weather and electricity costs in Kendall Park New Jersey, 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:
- Kendall Park New Jersey receives more precipitation than the national average, but it still has enough sunny days for solar panels to be effective.
- The UV ratings in Kendall Park New Jersey are slightly lower than the national average, but they are sufficient for generating solar power.
- Cloud cover in Kendall Park New Jersey is about average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Kendall Park New Jersey 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. Here’s how:
- The system generates electricity, reducing the need to purchase as much from the grid.
- With Kendall Park New Jersey’s higher electricity rates, the savings from solar power are even more significant.
After analyzing the data, it seems that it would take around 5.5 years to cover the initial cost of the solar panels. This means that after 5.5 years, the savings on electricity bills will start to accumulate and offset the investment cost. Additionally, since solar panels have a long lifespan, the savings will continue for many years after that initial period. Investing in solar panels is a smart way to save money and contribute to a sustainable environment!
Investing in solar power in Kendall Park New Jersey
Installing solar panels in Kendall Park, New Jersey can lead to significant financial benefits over time. With the optimal weather conditions, including high precipitation levels, moderate UV ratings, and relatively low cloud cover, solar panels in Kendall Park can efficiently generate energy throughout the year. In addition, despite higher electricity costs compared to the national average, residents can expect to break even on the initial investment in solar panels within around 5.5 years. This means that after this period, the savings on electricity bills will start to outweigh the cost of the system. By investing in solar panels, residents can save money and contribute to a sustainable environment in Kendall Park.