Overview
Living in Piermont, New Hampshire, you can take advantage of the abundant sunshine in the area to save money on your electricity bill by installing solar panels on your home. By analyzing weather data and electricity costs, we can demonstrate the financial benefits of going solar in Piermont. We will break down the cost of a solar system, estimate the time it will take to break even, and show you how much you can save in the long run. With the right information, you can make an informed decision to invest in solar energy and enjoy the financial rewards it brings.
Piermont New Hampshire Weather Trends
Piermont Precipitation
With Piermont New Hampshire receiving 67.1 inches of precipitation in the last year, it is evident that the area has a significant amount of rainfall. Compared to the rest of the country, Piermont falls in the 84th percentile for total precipitation, whereas in New Hampshire, it is in the 18th percentile. This means that Piermont experiences more precipitation than the national average of 50.61 inches, but less than New Hampshire’s average of 73.01 inches.
Piermont’s UV Rating
Looking at the UV ratings in Piermont, with an average rating of 3.08 in the last year, it falls in the 4th percentile nationwide and the 21st percentile in New Hampshire. This indicates that Piermont receives lower levels of UV radiation compared to the national average of 4.29. When considering the average max UV rating of 3.28, Piermont is in the 13th percentile in the nation and the 27th percentile in New Hampshire, again showing lower UV levels than the averages.
Piermont’s Cloud Cover
Over the last year, Piermont New Hampshire had an average cloud cover of 60%, placing it in the 96th percentile nationally and the 87th percentile in New Hampshire. Piermont experiences more cloud cover than the national average of 44.46% but less than New Hampshire’s average of 55.38%. With varying degrees of cloud cover throughout the year, Piermont residents can expect both sunny and cloudy days.
Piermont New Hampshire Electricity Costs
Residents in Piermont pay about $0.19/kw for electricity, placing the town in the 97th percentile in the country and the 88th percentile in New Hampshire. This means that Piermont has higher electricity costs compared to the national average of $0.13/kw but is on par with New Hampshire’s average of $0.19/kw. By installing solar panels, Piermont residents can lower their electricity bills and save money in the long run.
When could you expect to break even on a solar installation in Piermont New Hampshire?
Considering the weather and electricity costs in Piermont, 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:
- Piermont, New Hampshire receives more precipitation than the national average, but there is still plenty of sun for solar panels to work effectively.
- The UV ratings in Piermont, New Hampshire are slightly lower than the national average, but still good for generating solar power.
- Cloud cover in Piermont, New Hampshire is higher than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Piermont, 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 system generates electricity, reducing the amount needed from the grid.
- Given Piermont’s higher electricity rates, the savings are substantial.
After analyzing the numbers, it appears that it would take around 5 years to cover the initial cost of the solar panels. This means that after 5 years, the savings on electricity bills will start to accumulate and offset the investment. Additionally, considering the long lifespan of solar panels, the savings will continue for many years after that initial period. Investing in solar panels is a wise choice to save money and contribute to environmental sustainability simultaneously!
Investing in solar power in Piermont New Hampshire
Investing in solar panels in Piermont, New Hampshire can be a smart financial decision for residents. By analyzing the weather data and electricity costs in the area, we have shown that it would take around 5 years to break even on the initial investment, after which residents can enjoy significant savings on their electricity bills. With the long lifespan of solar panels and the higher electricity costs in Piermont, the financial benefits of going solar are clear. So, if you’re looking to save money and reduce your carbon footprint, installing solar panels in Piermont might be the right choice for you!