Overview
Are you tired of high electricity bills in Oaklyn, New Jersey? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data and electricity costs specific to Oaklyn, we can show you how much money you could save by going solar. With the cost of solar systems decreasing and the potential for substantial savings on your monthly energy bill, it’s time to consider making the switch to solar power. Let us break down the numbers for you and show you just how quickly you can start recouping your investment.
Oaklyn New Jersey Weather Trends
Oaklyn Precipitation
With Oaklyn receiving 60.61 inches of precipitation in the last year, it falls in the 71st percentile nationwide and the 20th percentile in New Jersey. Compared to the national average of 50.61 inches, Oaklyn sees more rainfall. However, when compared to New Jersey’s average of 65.31 inches, Oaklyn’s precipitation levels are relatively lower, indicating that the area may not be as prone to heavy rains as other parts of the state.
Oaklyn’s UV Rating
In the last year, Oaklyn had an average UV rating of 4.25, placing it in the 56th percentile nationally and the 96th percentile within New Jersey. While Oaklyn’s UV rating is slightly lower than the national average of 4.29, it is higher than New Jersey’s average of 4.04. Additionally, with an average max UV rating of 4.59, Oaklyn experiences relatively high levels of UV radiation, which can be harnessed through solar panels to generate clean and efficient energy.
Oaklyn’s Cloud Cover
With an average of 44% cloud cover in the last year, Oaklyn falls in the 48th percentile nationwide and the 9th percentile in New Jersey. Compared to the national average of 44.46% cloud cover, Oaklyn’s skies are relatively clear, providing ample sunlight for solar energy production. The distribution of cloud cover throughout the year also offers a good balance, with varying degrees of cloudiness on different days, allowing for consistent solar power generation.
Oaklyn New Jersey Electricity Costs
Oaklyn residents pay approximately $0.17/kw for electricity, ranking in the 96th percentile nationally and the 73rd percentile in New Jersey. While Oaklyn’s electricity costs are higher than the national average of $0.13/kw, they are slightly lower than the state average of $0.16/kw. By switching to solar power, residents can not only reduce their reliance on traditional electricity sources but also save money in the long run through lower energy bills.
When could you expect to break even on a solar installation in Oaklyn New Jersey?
Considering the weather and electricity costs in Oaklyn New Jersey, 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:
- Oaklyn New Jersey receives more precipitation than the national average, but it still has enough sunshine for solar panels to be effective.
- The UV ratings in Oaklyn New Jersey are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Oaklyn New Jersey is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Oaklyn New Jersey pay slightly 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 purchase as much from the grid.
- Given Oaklyn New Jersey’s higher electricity rates, the savings will be even more significant.
After crunching the numbers, it appears that it would take approximately 6 years to cover the initial cost of the solar panels. This means that after 6 years of using solar power, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, considering that solar panels last for a long time, you will continue to enjoy those savings for many years beyond the payback period. Investing in solar energy is a wise way to save money and contribute to a cleaner environment simultaneously!
Investing in solar power in Oaklyn New Jersey
Considering the weather patterns and electricity costs in Oaklyn, New Jersey, switching to solar power proves to be a financially wise and environmentally friendly decision. With abundant sunlight, relatively clear skies, and higher-than-average electricity rates, installing solar panels can lead to significant savings on energy bills. By investing in a solar system, residents can expect to break even on their initial investment in approximately 6 years, with long-term savings and benefits lasting for decades to come. Stop overpaying for electricity and start harnessing the power of the sun to save money and reduce your carbon footprint today!