Overview
In Northwood, New Hampshire, installing solar panels on your home can lead to significant financial savings over time. By analyzing weather data and basic electricity costs specific to the area, we will demonstrate how investing in a solar system can help you break even and begin saving money on your energy bills. With information on average precipitation, UV ratings, cloud cover, and the cost breakdown of a solar system, this article will show you the benefits of switching to solar power in Northwood.
Northwood New Hampshire Weather Trends
Northwood Precipitation
With approximately 77.81 inches of precipitation in the last year, Northwood, New Hampshire, experiences more rain compared to the national average of 50.61 inches. While New Hampshire’s average is 73.01 inches, Northwood stands out in the 77th percentile within the state and the 96th percentile nationwide. By harnessing solar energy, you can take advantage of this abundant natural resource to power your home.
Northwood’s UV Rating
Northwood’s average UV rating of 3.39 in the last year may seem lower than the national average of 4.29, but it’s on par with New Hampshire’s average of 3.25. Despite ranking in the 14th percentile across the country, investing in solar panels in Northwood can still yield significant benefits. By capturing sunlight, you can generate your electricity and reduce your dependency on the grid.
Northwood’s Cloud Cover
With an average cloud cover of 52%, Northwood, New Hampshire, falls below the state’s average of 55.38% but surpasses the national average of 44.46%. The variation in cloud cover throughout the year provides an opportunity to capitalize on sunny days for solar energy production. By installing solar panels, you can optimize energy generation during clearer skies and store excess power for later use.
Northwood New Hampshire Electricity Costs
Residents in Northwood pay about $0.19 per kilowatt-hour for electricity, which is higher than the national average of $0.13/kw. Despite this, investing in a solar system can offset these costs over time. By generating your electricity, you can reduce your reliance on expensive grid power and take advantage of potential savings while contributing to a cleaner environment.
When could you expect to break even on a solar installation in Northwood New Hampshire?
Considering the weather and electricity costs in Northwood 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:
- Northwood New Hampshire receives more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Northwood New Hampshire are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Northwood New Hampshire is slightly higher than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Northwood New Hampshire 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 solar system generates electricity, reducing the amount needed from the grid.
- Given the higher electricity rates in Northwood New Hampshire, the savings from using solar power are even greater.
After analyzing the numbers, it appears that it would take around 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will start to repay the investment. Additionally, considering that solar panels last for a long time, the savings will continue for many years after the initial investment is recouped. Investing in solar power is a wise way to save money and contribute to environmental conservation.
Investing in solar power in Northwood New Hampshire
Investing in solar power in Northwood, New Hampshire, can lead to significant financial benefits over time. By analyzing weather trends and electricity costs specific to the area, we have shown how harnessing solar energy can help you break even on your investment and start saving money on your energy bills. With abundant precipitation, suitable UV ratings, and varying cloud cover, Northwood presents an opportunity to optimize solar energy generation. Despite higher electricity costs in the area, the potential savings from using solar power make it a wise investment choice that not only benefits your wallet but also the environment. Consider switching to solar power in Northwood to take advantage of these financial and environmental benefits.