Overview
In North Scituate, Rhode Island, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs specific to the area, we can demonstrate how a solar system can help you save money in the long run. With a breakdown of costs and estimated payback periods, this article aims to show you the financial advantages of going solar in North Scituate.
North Scituate Rhode Island Weather Trends
North Scituate Precipitation
With 70.44 inches of precipitation in the last year, North Scituate is in the 89th percentile in the nation and the 49th percentile in Rhode Island. Compared to the national average of 50.61 inches and Rhode Island’s 70.49 inches, North Scituate experiences a significant amount of rainfall, making it an ideal location for harnessing solar energy.
North Scituate’s UV Rating
North Scituate had an average UV rating of 3.7 in the last year, placing it in the 30th percentile in the nation and the 56th percentile in Rhode Island. With a national average of 4.29 and Rhode Island’s average of 3.7, North Scituate receives adequate sunlight to power solar panels efficiently. The average max UV rating of 3.91 further supports the potential for solar energy production in the area.
North Scituate’s Cloud Cover
North Scituate experienced an average of 50% cloud cover in the last year, placing it in the 72nd percentile in the nation and the 60th percentile in Rhode Island. Compared to the national average of 44.46% and Rhode Island’s 49.35%, North Scituate enjoys relatively clear skies conducive to solar panel efficiency. With varying levels of cloud cover throughout the year, there are ample opportunities for solar energy generation.
North Scituate Rhode Island Electricity Costs
Residents in North Scituate pay about $0.22/kw for electricity, ranking them in the 99th percentile in the nation and the 67th percentile in Rhode Island. While the national average for residential electricity is $0.13/kw, Rhode Island’s average is $0.22/kw, making solar panel installation a financially advantageous choice for North Scituate residents looking to save on electricity costs in the long run.
When could you expect to break even on a solar installation in North Scituate Rhode Island?
Considering the weather and electricity costs in North Scituate 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 Scituate Rhode Island receives more precipitation than the national average, but still has enough sunny days for solar panels to work effectively.
- The UV ratings in North Scituate Rhode Island are slightly lower than the national average, but are still good for generating solar power.
- Cloud cover in North Scituate Rhode Island is slightly higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in North Scituate Rhode Island 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, which means we don’t need to buy as much from the grid.
- With North Scituate Rhode Island’s higher electricity rates, the savings are even greater.
After crunching the numbers, it looks like it would take around 5 to 7 years to cover the initial cost of the solar panels. That means, after 5 to 7 years, the money you save 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. It’s a smart way to save money and help the environment at the same time!
Investing in solar power in North Scituate Rhode Island
Installing solar panels in North Scituate, Rhode Island can be a financially beneficial decision for residents. The area’s high precipitation and moderate levels of sunlight make it an ideal location for harnessing solar energy. With electricity costs in North Scituate higher than the national average, investing in solar panels can lead to significant savings over time. By analyzing weather data and electricity costs, it is clear that the payback period for a solar installation in North Scituate is relatively short, typically between 5 to 7 years. After this initial period, residents can enjoy long-term savings on their electricity bills, making solar energy a smart and cost-effective choice in North Scituate.