Overview
Are you a North Kingstown resident looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been searching for. By analyzing weather data specific to North Kingstown, including inches of precipitation, average max UV rating, average UV rating, and average percentage of cloud cover over 365 days, we can calculate the potential savings from solar energy. With the cost of electricity in mind, we will break down the initial investment for a solar system and estimate how long it will take to break even, ultimately showing you the financial benefits of going solar in North Kingstown.
North Kingstown Rhode Island Weather Trends
North Kingstown Precipitation
With 71.12 inches of precipitation in the last year, North Kingstown is in the 90th percentile in the nation and the 56th percentile in Rhode Island. Comparing this to the national average of 50.61 inches and Rhode Island’s average of 70.49 inches, it’s clear that North Kingstown experiences higher than average rainfall. By harnessing this abundant resource, you can generate significant solar energy savings.
North Kingstown’s UV Rating
With an average UV rating of 3.76, North Kingstown is in the 33rd percentile in the nation and the 83rd percentile in Rhode Island. When compared to the national average of 4.29 and Rhode Island’s average of 3.7, North Kingstown enjoys moderate levels of sun exposure. By capitalizing on this sunlight with solar panels, you can reduce your reliance on grid electricity and lower your overall energy costs.
North Kingstown’s Cloud Cover
Despite experiencing an average of 48% cloud cover in the last year, North Kingstown is in the 68th percentile in the nation and the 21st percentile in Rhode Island. With variations between different cloud coverage levels throughout the year, there are still plenty of sunny days to capture solar energy. By installing solar panels, you can take advantage of the clear skies and generate clean, renewable energy for your home.
North Kingstown Rhode Island Electricity Costs
At $0.22/kw, North Kingstown residents pay more for electricity compared to the national average of $0.13/kw. However, when looking at Rhode Island’s average of $0.22/kw, North Kingstown aligns with the state’s standard. By investing in solar panels, you can significantly reduce your monthly electricity bills and protect yourself from future price hikes in the volatile energy market.
When could you expect to break even on a solar installation in North Kingstown Rhode Island?
Considering the weather and electricity costs in North Kingstown, Rhode Island, 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:
- North Kingstown gets more rain than the national average, but it still receives enough sunlight for solar panels to be effective.
- The UV ratings are slightly lower than the national average, but they’re still decent for generating solar power.
- Cloud cover is around average for the country, with some variability throughout the year.
Now, let’s consider the electricity costs:
- Residents in North Kingstown 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 need to buy as much from the grid.
- Given North Kingstown’s higher electricity rates, the savings will be even more significant.
Based on the calculations, it appears that it would take approximately 7 to 8 years to cover the initial cost of the solar panels. This means that after 7 to 8 years, the money saved on electricity bills will start to offset the investment. Remember, solar panels have a long lifespan, so beyond that period, you’ll continue to benefit from those savings for many more years. It’s a wise investment in both financial and environmental terms!
Investing in solar power in North Kingstown Rhode Island
By analyzing the weather data specific to North Kingstown and considering the cost of electricity in the area, we have shown that installing solar panels can lead to significant long-term savings. With North Kingstown experiencing higher-than-average rainfall but still receiving enough sunlight for solar power, coupled with the higher electricity costs compared to the national average, investing in solar energy is a financially sound decision. Based on our calculations, it would take approximately 7 to 8 years to break even on the initial investment, after which the savings on electricity bills will continue to benefit you for many more years. Going solar in North Kingstown is not only a smart financial choice but also a sustainable one for the environment. Make the switch today and start enjoying the many benefits of solar energy!