Overview
Are you tired of high electricity bills draining your wallet every month? Installing solar panels on your home in Milton, New Hampshire could be the solution you’ve been looking for. By analyzing weather data and electricity costs specific to this area, we will show you how much money you can save by harnessing the power of the sun. Find out how quickly you can break even on the cost of a solar system and start enjoying the financial benefits of going solar today.
Milton New Hampshire Weather Trends
Milton Precipitation
Living in Milton, New Hampshire means experiencing a higher than average amount of precipitation compared to both the national and state averages. With 77.73 inches of precipitation in the last year, Milton ranks in the 96th percentile nationally and the 77th percentile in New Hampshire, making it a prime location for harnessing the power of solar energy.
Milton’s UV Rating
When it comes to UV ratings, Milton, New Hampshire may not receive as much sun as other parts of the country, but it still offers a respectable average rating of 3.4. This places Milton in the 14th percentile nationally and the 73rd percentile in New Hampshire. Even with slightly lower UV levels, solar panels can still generate significant energy savings for Milton residents.
Milton’s Cloud Cover
With an average cloud cover of 53%, Milton, New Hampshire experiences more clouds than the national average. However, this does not diminish the effectiveness of solar panels, as Milton still ranks in the 82nd percentile nationally and the 30th percentile in New Hampshire. Despite some cloudy days, solar panels can offset electricity costs and reduce your carbon footprint.
Milton New Hampshire Electricity Costs
Residents in Milton, New Hampshire pay about $0.19 per kilowatt-hour for electricity, which is higher than the national average. However, with the financial incentives and savings that come with installing solar panels, Milton residents can take advantage of the abundant sunshine to lower their electricity bills and decrease their reliance on traditional energy sources.
When could you expect to break even on a solar installation in Milton New Hampshire?
Considering the weather and electricity costs in Milton, 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:
- Milton receives more precipitation than the national average, but it still has plenty of sunny days for solar panels to work effectively.
- The UV ratings in Milton are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Milton is higher than the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Milton 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 amount needed from the grid.
- Given Milton’s higher electricity rates, the savings from solar power are even more significant.
After doing the calculations, it appears that it would take approximately 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the money saved on electricity bills will start to offset the investment. Additionally, since solar panels can last for 25-30 years, you’ll continue to benefit from those savings for many years beyond the break-even point. Investing in solar power is a wise choice for saving money and contributing to environmental sustainability!
Investing in solar power in Milton New Hampshire
Ultimately, installing solar panels in Milton, New Hampshire can be a smart financial decision for residents looking to reduce their electricity bills. Despite the higher than average precipitation and cloud cover, the town still receives enough sunshine to make solar power a viable option. With electricity costs higher than the national average, the savings from solar panels can help offset the initial investment in as little as 7-8 years. By embracing solar energy, residents can not only save money but also contribute to a more sustainable environment for future generations.