Overview
If you’re a Manchester, New Hampshire resident considering solar panels for your home, you’ll be pleased to learn about the financial benefits of making the switch to solar energy. By analyzing weather data and electricity costs specific to Manchester, we can estimate the cost of a solar system and how long it will take to break even. With the potential for significant savings on your electricity bills, installing solar panels can be a wise investment for your home and your wallet.
Manchester New Hampshire Weather Trends
Manchester Precipitation
With Manchester, New Hampshire receiving 71.67 inches of precipitation in the last year, it’s clear that the city sees above-average rainfall. Compared to the national average of 50.61 inches, Manchester is in the 91st percentile. Despite being lower than the state average of 73.01 inches, the above-average rainfall in Manchester can benefit solar panel owners by providing ample water for cleaning panels, improving their efficiency.
Manchester’s UV Rating
Manchester, New Hampshire had an average UV rating of 3.57 in the last year, ranking it in the 22nd percentile in the nation. While this is lower than the national average of 4.29, it is higher than the state average of 3.25. The city’s average max UV rating of 3.79 positions Manchester in the 25th percentile nationally. Given the relatively high UV ratings in Manchester, residents can harness solar energy efficiently, leading to increased savings on electricity bills.
Manchester’s Cloud Cover
With an average of 51% cloud cover in the last year, Manchester, New Hampshire experiences a moderate amount of cloudiness. While this is higher than the national average of 44.46%, it is lower than the state average of 55.38%. The distribution of cloud cover days in Manchester allows for a balance of sunny and cloudy days, ensuring consistent solar energy generation throughout the year.
Manchester New Hampshire Electricity Costs
Residents of Manchester pay about $0.19/kw for electricity, placing the city in the 97th percentile nationwide. Although this is in line with the state average, it is higher than the national average of $0.13/kw. By installing solar panels, residents can offset high electricity costs and potentially generate excess energy to sell back to the grid, further reducing their monthly bills.
When could you expect to break even on a solar installation in Manchester New Hampshire?
Considering the weather and electricity costs in Manchester, New Hampshire, 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:
- Manchester gets more precipitation than the national average, but still receives enough sunlight for solar panels to work efficiently.
- The UV ratings in Manchester are slightly lower than the national average, but are still suitable for generating solar power.
- Cloud cover in Manchester is slightly higher than the national average, with varying degrees of cloudiness throughout the year.
Now, let’s consider the electricity costs:
- Residents in Manchester pay a bit 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 needed from the grid.
- Due to Manchester’s higher electricity rates, the savings from solar power are even more significant.
After calculating the numbers, it’s estimated 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 offset the initial investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years beyond the break-even point. Investing in solar energy is a smart way to save money and contribute to a cleaner environment in the long run!
Investing in solar power in Manchester New Hampshire
With the financial benefits of solar energy in Manchester, New Hampshire becoming evident through the analysis of weather data and electricity costs, it is clear that installing solar panels can be a wise investment for residents. Despite the city’s above-average rainfall and moderate cloud cover, the relatively high UV ratings allow for efficient solar energy generation. With electricity costs higher than the national average, the potential for savings on bills is significant. It is estimated that residents could break even on the initial cost of solar panels in approximately 5 years, leading to long-term financial benefits and a contribution to a cleaner environment. Overall, making the switch to solar energy in Manchester can be both financially and environmentally rewarding for homeowners.