Overview
Living in New Salem, North Dakota, you may be wondering about the financial benefits of installing solar panels on your home. By analyzing weather data and electricity costs specific to the area, we can show you how a solar system can help you save money in the long run. With insights on the amount of sunlight available, potential savings on electricity bills, and the estimated payback period, you can make an informed decision on whether solar is the right choice for you.
New Salem North Dakota Weather Trends
New Salem Precipitation
With New Salem receiving 35.21 inches of precipitation in the last year, it is clear that the area does not have excessive rainfall. Compared to the national average of 50.61 inches, New Salem falls below, ranking at the 19th percentile nationwide. However, when compared to North Dakota’s average of 30.8 inches, New Salem ranks at the 90th percentile within the state, showing that the area experiences more precipitation than other parts of North Dakota.
New Salem’s UV Rating
When examining New Salem’s average UV rating of 3.55 in the last year, it is evident that the area receives a moderate amount of UV exposure. The town ranks at the 21st percentile nationally and the 81st percentile within North Dakota. In comparison, the national average UV rating is 4.29, while North Dakota’s average stands at 3.46. Additionally, New Salem’s average max UV rating of 3.72 places the town in the 23rd percentile nationally and the 72nd percentile within the state, demonstrating slightly higher UV exposure compared to the average.
New Salem’s Cloud Cover
With an average of 44% cloud cover in the last year, New Salem experiences a moderate amount of cloudy days. This places the town at the 48th percentile nationally and the 14th percentile within North Dakota. In comparison, the national average for cloud cover is 44.46%, while North Dakota’s average is slightly higher at 46.71%. New Salem had varying degrees of cloud cover throughout the year, with 122 days of clear skies, 96 days with some cloud cover, 77 days with considerable cloud cover, and 69 days with overcast skies.
New Salem North Dakota Electricity Costs
Residents of New Salem pay approximately $0.1/kw for electricity, placing the town in the 14th percentile nationally and the 52nd percentile within North Dakota in terms of affordability. Compared to the national average of $0.13/kw, New Salem’s electricity costs are lower. Additionally, the state average for residential electricity in North Dakota matches New Salem’s rate of $0.1/kw, indicating that residents in the town benefit from average electricity costs within the state.
When could you expect to break even on a solar installation in New Salem North Dakota?
Considering the weather and electricity costs in New Salem North Dakota, 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 Salem North Dakota receives less precipitation compared to the national average, which is beneficial for solar panel efficiency.
- The UV ratings are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in New Salem North Dakota is around the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in New Salem North Dakota pay less for electricity compared to the national average, which can be a cost-saving factor when using solar power.
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 purchased from the grid.
- With the lower electricity rates in New Salem North Dakota, the savings are slightly lower compared to the national average.
After calculation, it appears that it would take around 6-7 years to cover the initial cost of the solar panels. This means, after 6-7 years, the money saved on electricity bills will start accumulating and pay off the investment. Moreover, considering the long lifespan of solar panels, you will enjoy these savings for many more years to come. It’s a wise financial decision that also benefits the environment!
Investing in solar power in New Salem North Dakota
After analyzing the weather trends and electricity costs in New Salem, North Dakota, it is clear that installing solar panels can be a financially beneficial decision for residents. With the area receiving a moderate amount of sunlight and having lower electricity costs compared to the national average, a solar system can help save money in the long run. Based on our calculations, it would take around 6-7 years to break even on the initial investment, after which residents will continue to enjoy savings on their electricity bills for years to come. Not only is installing solar panels a wise financial choice, but it also contributes to a greener and more sustainable future for the community.