Overview
Are you a homeowner in North Salem, New Hampshire looking to save money on your electricity bills? Installing solar panels on your home can be a cost-effective solution that not only reduces your environmental impact but also puts money back in your pocket. By analyzing weather data specific to North Salem, along with basic electricity costs, we can break down the financial benefits of investing in a solar system and estimate how long it will take for you to see a return on your investment.
North Salem New Hampshire Weather Trends
North Salem Precipitation
With North Salem receiving 70.4 inches of precipitation in the last year, it’s clear that our town sees quite a bit of rain and snow. Compared to the rest of the country, North Salem falls in the 89th percentile for total precipitation, while in New Hampshire, it’s in the 35th percentile. Considering the national average of 50.61 inches and New Hampshire’s average of 73.01 inches, it’s evident that North Salem’s precipitation levels are higher than most areas.
North Salem’s UV Rating
North Salem’s average UV rating of 3.62 in the last year may not be the highest, but it’s still significant. When compared to the rest of the nation, North Salem is in the 24th percentile for UV rating, while in New Hampshire, it’s in the 99th percentile. With the national average being 4.29 and New Hampshire’s average at 3.25, it’s clear that North Salem gets a fair amount of sun exposure throughout the year. Additionally, North Salem’s average max UV rating of 3.86 is also higher than most areas.
North Salem’s Cloud Cover
North Salem had an average of 51% cloud cover in the last year, putting it in the 77th percentile nationwide and the 12th percentile in New Hampshire. Compared to the national average of 44.46% and New Hampshire’s average of 55.38%, North Salem experiences a moderate amount of cloud cover. With a distribution of cloud cover across different days, North Salem offers a variety of weather conditions throughout the year.
North Salem New Hampshire Electricity Costs
Residents in North Salem pay about $0.17/kw for electricity, which is higher than the national average of $0.13/kw but lower than New Hampshire’s average of $0.19/kw. This places North Salem in the 96th percentile in the nation and the 25th percentile in New Hampshire for residential electricity costs. By investing in solar panels, residents can reduce their dependency on traditional energy sources and lower their electricity bills in the long run.
When could you expect to break even on a solar installation in North Salem New Hampshire?
Considering the weather and electricity costs in North Salem, 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:
- North Salem receives more precipitation than the national average, but it has enough sunshine for solar panels to work effectively.
- The UV ratings in North Salem are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in North Salem is slightly higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in North Salem 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.
- With North Salem’s higher electricity rates, the savings are even greater.
After crunching the numbers, it looks like it would take around 4 to 5 years to cover the initial cost of the solar panels. This means that after 4 to 5 years, the money saved on electricity bills will start to add up and pay off the investment. And remember, solar panels last for a long time, so after that initial period, you’ll be enjoying those savings for many years to come. Investing in solar panels is a smart way to save money and help the environment at the same time!
Investing in solar power in North Salem New Hampshire
After analyzing the weather trends and electricity costs in North Salem, New Hampshire, it is evident that investing in solar panels can have numerous financial benefits for homeowners. With higher than average precipitation levels and good sun exposure, solar panels can generate significant savings on electricity bills in the long run. Despite the initial investment, residents can expect to break even on their solar installation within 4 to 5 years, making it a cost-effective and environmentally friendly choice. By harnessing the power of the sun, homeowners in North Salem can reduce their carbon footprint and enjoy substantial savings for many years to come.