Overview
If you live in Lincoln, Delaware, you may want to consider installing solar panels on your home to save money on your electricity bills. By analyzing local weather data and electricity costs, we can estimate how long it will take for a solar system to pay for itself. With an average of 210 sunny days per year, Lincoln residents have the potential to harness the power of the sun to generate clean and renewable energy. Let’s take a closer look at the financial benefits of going solar in Lincoln, Delaware.
Lincoln Delaware Weather Trends
Lincoln Precipitation
With Lincoln, Delaware receiving 66.54 inches of precipitation in the last year, it is evident that the area sees its fair share of rainy days. However, despite being in the 83rd percentile in the nation for total precipitation, compared to the rest of Delaware, Lincoln falls in the 90th percentile. This means that while there may be some challenges with rain, the potential benefits of solar energy far outweigh any concerns.
Lincoln’s UV Rating
Looking at the UV rating in Lincoln, Delaware, with an average of 4.29, residents have a good amount of sunlight to take advantage of for solar energy. Although it may not be the highest compared to the national average, being in the 58th percentile, Lincoln still fares better than most of Delaware. With an average max UV rating of 4.52, there is plenty of sunshine available to generate clean and renewable energy for your home.
Lincoln’s Cloud Cover
Despite having an average of 43% cloud cover, Lincoln, Delaware residents still have plenty of sunny days to consider harnessing solar power. While not drastically different from the national or state averages, Lincoln’s cloud cover percentage does not deter the potential financial and environmental benefits of installing solar panels. With varying degrees of cloud cover throughout the year, there are still ample opportunities to generate electricity from the sun.
Lincoln Delaware Electricity Costs
When it comes to electricity costs, Lincoln residents pay about $0.12/kw, which is below the national average of $0.13/kw. Compared to the rest of Delaware, Lincoln is right on par with the state average. This means that by investing in solar panels, homeowners in Lincoln can not only save money on their electricity bills but also contribute to a more sustainable environment for future generations.
When could you expect to break even on a solar installation in Lincoln Delaware?
Considering the weather and electricity costs in Lincoln, Delaware, 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:
- Lincoln, Delaware receives more precipitation than the national average, but still has sufficient sunlight for solar panels to be effective.
- The UV ratings in Lincoln are slightly lower than the national average, but still conducive to generating solar power.
- Cloud cover in Lincoln is slightly lower than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lincoln pay slightly less for electricity compared to the national average.
With this information, let’s break down the costs:
- A standard 10kW solar system 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 solar system generates electricity, reducing the amount needed from the grid.
- Given Lincoln’s electricity rates, savings are still considerable.
After the calculations, it appears that it would take approximately 7 to 8 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will start to accumulate and offset the investment. Keep in mind that solar panels have a long lifespan, so you’ll enjoy these savings for many years to come. It’s a wise way to save money while also contributing to a cleaner environment!
Investing in solar power in Lincoln Delaware
Installing solar panels in Lincoln, Delaware can be a smart financial decision for homeowners. With a good amount of sunlight available for generating clean energy, despite occasional rain and cloud cover, residents have the potential to save money on electricity bills. Considering the slightly lower electricity costs in Lincoln, investing in solar panels could pay off in about 7 to 8 years. Not only will this investment benefit your wallet, but it will also contribute to a more sustainable environment for the future. So, if you’re looking to save money and reduce your carbon footprint, going solar in Lincoln, Delaware is definitely worth considering.