Overview
Living in Nassau, Delaware comes with its own set of unique weather patterns that can impact your energy bills. By analyzing the weather data along with electricity costs in the area, it becomes clear that installing solar panels on your home can lead to significant financial savings in the long run. This article will provide a breakdown of the cost of a solar system, estimate the time it will take to break even, and outline the financial benefits of making the switch to solar energy in Nassau.
Nassau Delaware Weather Trends
Nassau Precipitation
With Nassau Delaware receiving 41.9 inches of precipitation last year, it is evident that the area experiences a moderate amount of rainfall. Compared to the national average of 50.61 inches, Nassau falls below the average, placing in the 31st percentile nationwide. In comparison to the rest of Delaware, Nassau is in the 2nd percentile, showcasing its lower precipitation levels.
Nassau’s UV Rating
In terms of UV ratings, Nassau Delaware had an average rating of 3.6, which falls below the national average of 4.29. This places Nassau in the 24th percentile in the country and the 2nd percentile in Delaware. With an average max UV rating of 3.89, Nassau ranks slightly higher but still below the national average of 4.61. Considering these ratings, it’s clear that Nassau residents could benefit from tapping into solar energy.
Nassau’s Cloud Cover
Cloud cover plays a crucial role in solar energy production, and in the last year, Nassau Delaware averaged 58% cloud cover. This high percentage puts Nassau in the 94th percentile in the nation and the 96th percentile in Delaware. With varying levels of cloud cover throughout the year, residents can optimize their solar panel usage to harness energy when the skies are clear, ensuring consistent energy production.
Nassau Delaware Electricity Costs
One significant advantage of transitioning to solar energy in Nassau is the cost savings on electricity. Residents currently pay around $0.12 per kilowatt-hour, slightly below the national average of $0.13/kw. Compared to the rest of Delaware, Nassau’s electricity costs align with the state average, offering residents a feasible opportunity to reduce their energy expenses by investing in solar panels.
When could you expect to break even on a solar installation in Nassau Delaware?
Considering the weather and electricity costs in Nassau 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:
- Nassau Delaware receives slightly less precipitation compared to the national average, making it a suitable location for solar panels.
- The UV ratings in Nassau Delaware are slightly lower than the national average, but still good for generating solar power.
- Cloud cover in Nassau Delaware is higher than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Nassau Delaware 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 solar system generates electricity, reducing the amount needed from the grid and resulting in savings.
- Even with slightly lower UV ratings and higher cloud cover, the savings from using solar power can still be substantial.
After analyzing the data, it appears that it would take approximately 7 years to cover the initial cost of the solar panels in Nassau Delaware. This means that after 7 years, the money saved on electricity bills will exceed the initial investment. Additionally, solar panels have a long lifespan, so the savings will continue for many years after the initial break-even period. Investing in solar panels is a wise financial decision that also benefits the environment.
Investing in solar power in Nassau Delaware
Installing solar panels in Nassau, Delaware is a smart financial decision for residents looking to save money on their energy bills. By analyzing the weather data and electricity costs in the area, it is clear that transitioning to solar energy can lead to significant cost savings in the long run. With the potential to break even on the initial investment in approximately 7 years and the added benefit of continued savings over the lifespan of the panels, going solar in Nassau is an environmentally friendly and financially wise choice.