Overview
Thinking about installing solar panels on your home in Midway, Pennsylvania? You may be surprised at how much money you can save in the long run. By analyzing weather data and electricity costs specific to Midway, we will break down the costs of a solar system and estimate how quickly you can start saving money. Let’s explore the financial benefits of going solar in Midway.
Midway Pennsylvania Weather Trends
Midway Precipitation
With 52.19 inches of precipitation in the last year, Midway, Pennsylvania falls close to the national average of 50.61 inches. Compared to the rest of Pennsylvania, Midway receives less rainfall, ranking in the 19th percentile. This means that solar panels in Midway will benefit from ample sunlight without excessive rain, making them a reliable source of energy for your home.
Midway’s UV Rating
With an average UV rating of 3.75, Midway, Pennsylvania is slightly below the national average of 4.29. However, when compared to the rest of Pennsylvania, Midway ranks higher at the 59th percentile. The higher UV rating indicates more sunlight exposure, which is ideal for generating solar energy. Installing solar panels in Midway will take advantage of the abundant sunlight, maximizing energy production for your home.
Midway’s Cloud Cover
Midway, Pennsylvania experiences an average of 52% cloud cover, which is higher than the national average of 44.46%. However, compared to the rest of Pennsylvania, Midway falls below the 50th percentile. Despite higher cloud cover, the distribution of cloudiness throughout the year allows for significant sunny days. This means that solar panels in Midway can still generate a substantial amount of energy for your home.
Midway Pennsylvania Electricity Costs
Residents in Midway, Pennsylvania pay around $0.11/kw for electricity, which is lower than the national average of $0.13/kw. When compared to the rest of Pennsylvania, Midway ranks in the 1st percentile for electricity costs. Lower electricity costs combined with favorable weather conditions make installing solar panels in Midway a financially sound decision that will help you save money in the long run.
When could you expect to break even on a solar installation in Midway Pennsylvania?
Considering the weather and electricity costs in Midway 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:
- Midway Pennsylvania has slightly more precipitation than the national average, but it still receives a good amount of sunlight for solar panels to function efficiently.
- The UV ratings in Midway Pennsylvania are a bit lower compared to the national average, but they are still suitable for generating solar power.
- Cloud cover in Midway Pennsylvania is slightly higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Midway Pennsylvania pay slightly less 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 to be purchased from the grid.
- With Midway Pennsylvania’s slightly lower electricity rates, the savings will be slightly less compared to the national average.
Based on the data provided, it looks like it would take around 4-6 years to cover the initial cost of the solar panels in Midway Pennsylvania. This means that after this initial period, the money saved on electricity bills will begin to accumulate and pay off the investment. Since solar panels have a long lifespan, the savings will continue for many years afterwards. Investing in solar panels is a wise way to save money and contribute to environmental sustainability.
Investing in solar power in Midway Pennsylvania
Installing solar panels in Midway, Pennsylvania can offer significant financial benefits in the long run. With favorable weather conditions and lower electricity costs, residents can expect to break even on their solar installation investment in around 4-6 years. Beyond that, the savings from reduced electricity bills will continue to accumulate, making solar panels a wise and cost-effective choice for homeowners in Midway. By harnessing the abundant sunlight and taking advantage of lower electricity rates, going solar can not only save you money but also contribute to a more sustainable future.