Overview
Are you a New Auburn Wisconsin resident looking to save money on your electricity bills? Installing solar panels on your home could be a beneficial investment for you. In this article, we will break down the financial benefits of solar energy by analyzing weather data and electricity costs specific to your area. By the end, you will have a clear understanding of how much money you could potentially save with solar panels and how long it would take to break even on your investment. So keep reading to see why deciding on solar could be a smart choice for you.
New Auburn Wisconsin Weather Trends
New Auburn Precipitation
New Auburn Wisconsin received 44.46 inches of precipitation in the last year, placing it above the national average of 50.61 inches but below Wisconsin’s average of 40.57 inches. While New Auburn falls in the 37th percentile nationwide, it is in the 85th percentile within Wisconsin. With relatively high precipitation levels, solar panels can efficiently generate power even on cloudy days, making them a smart investment for your home.
New Auburn’s UV Rating
In the last year, New Auburn Wisconsin had an average UV rating of 3.46, ranking below the national average of 4.29 and slightly above Wisconsin’s average of 3.51. Additionally, the average max UV rating for New Auburn was 3.7, which is below the national average of 4.61 and on par with Wisconsin’s average of 3.7. Despite lower UV ratings, solar panels can still effectively harness sunlight to generate electricity for your home, helping you reduce your reliance on the grid and save money in the long run.
New Auburn’s Cloud Cover
With an average of 49% cloud cover in the last year, New Auburn Wisconsin falls within the 69th percentile nationwide and the 47th percentile in Wisconsin. Despite having some cloudy days, there were still numerous days with varying levels of cloud cover, offering ample opportunities for solar panels to capture sunlight and convert it into energy. By investing in solar panels, you can take advantage of these clear days to offset your electricity costs and reduce your environmental impact.
New Auburn Wisconsin Electricity Costs
Residents of New Auburn Wisconsin pay around $0.14 per kilowatt-hour for electricity, slightly above the national average of $0.13/kw but in line with Wisconsin’s average of $0.14/kw. By installing solar panels on your home, you can generate your own electricity and potentially reduce your reliance on expensive grid power. With the ability to lower your electricity bills and even earn credits through net metering, solar panels offer a cost-effective and sustainable solution for New Auburn residents looking to save money in the long term.
When could you expect to break even on a solar installation in New Auburn Wisconsin?
Considering the weather and electricity costs in New Auburn Wisconsin, 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:
- New Auburn Wisconsin gets slightly less precipitation compared to the national average, making it a good location for solar panels.
- The UV ratings are lower than the national average, but still sufficient for generating solar power.
- Cloud cover is slightly higher than the national average, with varying percentages throughout the year.
Now, let’s consider the electricity costs:
- Residents in New Auburn Wisconsin pay slightly 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 to be purchased from the grid.
- Given New Auburn Wisconsin’s higher electricity costs, the savings are significant.
After analyzing the numbers, it appears that it would take approximately 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will begin to accumulate and offset the investment. Additionally, with solar panels lasting for many years, the savings will continue for an extended period. It’s a wise way to save money and contribute positively to the environment!
Investing in solar power in New Auburn Wisconsin
After analyzing weather data and electricity costs specific to New Auburn Wisconsin, it is clear that investing in solar panels could be a smart choice for residents looking to save money in the long term. With higher than average precipitation levels and ample opportunities to harness sunlight despite lower UV ratings and some cloudy days, solar panels in New Auburn can efficiently generate power. Considering the slightly higher electricity costs in the area, residents could break even on their investment in solar panels in approximately 6 years. This initial investment could lead to long-term savings on electricity bills and a positive environmental impact. Therefore, installing solar panels in New Auburn Wisconsin seems like a beneficial investment for those looking to reduce their reliance on the grid and save money over time.