Overview
Are you tired of high electricity bills in Lakehurst, New Jersey? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data and electricity costs specific to Lakehurst, we will show you how much money you could save by making the switch to solar energy. With a breakdown of the cost of a solar system and an estimate of how long it will take to break even, this article will demonstrate the financial benefits of going solar in your area.
Lakehurst New Jersey Weather Trends
Lakehurst Precipitation
With an average of 62.13 inches of precipitation in the last year, Lakehurst is in the 75th percentile in the nation and the 29th percentile in New Jersey. Comparatively, the national average for total precipitation is 50.61 inches, while New Jersey’s average is 65.31 inches. By installing solar panels, you can harness the power of the sun even on rainy days and reduce your reliance on traditional electricity sources.
Lakehurst’s UV Rating
Last year, Lakehurst had an average UV rating of 4.18, placing it in the 53rd percentile in the nation and the 80th percentile in New Jersey. In comparison, the national average is 4.29, while New Jersey’s average is slightly lower at 4.04. With a higher UV rating, Lakehurst residents can benefit from more sunlight, making solar energy an even more viable and efficient option for their homes.
Lakehurst’s Cloud Cover
On average, Lakehurst experiences 44% cloud cover, placing it in the 52nd percentile in the nation and the 19th percentile in New Jersey. In comparison, the national average for cloud cover is 44.46%, with New Jersey slightly higher at 45.99%. With a significant number of sunny days, Lakehurst offers ample opportunities to generate solar power, potentially leading to significant savings on your electricity bill.
Lakehurst New Jersey Electricity Costs
Residential electricity in Lakehurst costs around $0.13/kw, placing it in the 71st percentile in the nation and the 9th percentile in New Jersey. By comparison, the national average for residential electricity is also $0.13/kw, while New Jersey’s average is slightly higher at $0.16/kw. Switching to solar energy can help reduce your electricity bills over time, especially in an area with comparatively lower electricity costs like Lakehurst.
When could you expect to break even on a solar installation in Lakehurst New Jersey?
Considering the weather and electricity costs in Lakehurst, 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:
- Lakehurst receives more precipitation than the national average, but still has enough sunlight for solar panels to be effective.
- The UV ratings are slightly lower than the national average, but are still suitable for generating solar power.
- Cloud cover in Lakehurst is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lakehurst pay the national average for electricity.
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 buy from the grid.
- With average electricity rates, the savings are steady.
After analyzing the numbers, it appears that it would take around 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will start to make up for the investment. Additionally, since solar panels last for a long time, you will continue to enjoy those savings for many years beyond the break-even point. Investing in solar panels is a smart way to save money and contribute to a cleaner environment in the long run.
Investing in solar power in Lakehurst New Jersey
After analyzing the weather trends, electricity costs, and potential savings in Lakehurst, New Jersey, it is evident that installing solar panels can be a great financial decision. With ample sunlight, moderate precipitation, and average electricity costs, residents can expect to break even on their solar investment in approximately 5 years. Not only will this lead to long-term savings on electricity bills, but it also contributes to a cleaner environment. Switching to solar energy in Lakehurst is a smart choice that can benefit both your wallet and the planet.