Overview
In Pitman, New Jersey, the decision to install solar panels on your home can lead to significant cost savings. By analyzing weather patterns and electricity costs in the area over the course of a year, we have determined that residents can expect ample sunlight and low cloud cover, making solar energy a reliable source of power. In this article, we break down the upfront cost of installing a solar system and estimate the time it will take for you to break even on your investment, ultimately showing you how going solar can put money back in your pocket.
Pitman New Jersey Weather Trends
Pitman Precipitation
In the last year, Pitman, New Jersey received 62.81 inches of precipitation, putting it in the 76th percentile in the nation and the 33rd percentile in New Jersey. This means that Pitman experiences more rainfall than most areas in the country, but less than the average for New Jersey. With ample rainfall throughout the year, installing solar panels can help you take advantage of this natural resource to generate clean energy for your home.
Pitman’s UV Rating
Over the last year, Pitman, New Jersey had an average UV rating of 4.23, ranking it in the 55th percentile nationally and the 92nd percentile in New Jersey. This shows that Pitman receives a moderate amount of UV radiation, perfect for harnessing solar energy efficiently. With higher UV ratings than the national and state averages, investing in solar panels in Pitman can help you make the most of the sunlight available to you.
Pitman’s Cloud Cover
On average, Pitman, New Jersey had a cloud cover of 44% in the last year, placing it in the 48th percentile nationally and the 8th percentile in New Jersey. With fewer cloudy days compared to the state average, Pitman residents can rely on consistent sunlight to power their solar panels. By taking advantage of the lower cloud cover in Pitman, you can ensure a more reliable source of solar energy for your home.
Pitman New Jersey Electricity Costs
Residents in Pitman, New Jersey pay around $0.18 per kilowatt-hour for electricity, ranking them in the 97th percentile nationally and the 100th percentile in New Jersey. While Pitman’s electricity costs are higher than the national and state averages, harnessing solar power can help you reduce your dependence on the grid and save money in the long run. By investing in solar panels, you can take control of your energy costs and lower your monthly electricity bills.
When could you expect to break even on a solar installation in Pitman New Jersey?
Considering the weather and electricity costs in Pitman, 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:
- Pitman gets more rainfall than the national average, but it still has enough sunshine for solar panels to be effective.
- The UV ratings in Pitman are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Pitman is about average for the country, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Pitman 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.
- Due to Pitman’s higher electricity rates, the savings will be even more significant.
After analyzing the data, 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 money saved on electricity bills will begin to accumulate and pay off the investment. Remember, solar panels have a long lifespan, so you will continue to enjoy these savings for many years to come. Investing in solar power is a wise way to save money and contribute to environmental conservation simultaneously!
Investing in solar power in Pitman New Jersey
By analyzing the weather patterns, electricity costs, and potential savings from solar energy in Pitman, New Jersey, it is clear that installing solar panels can lead to significant cost savings for residents. With ample sunlight, moderate UV ratings, and low cloud cover in the area, solar energy proves to be a reliable and efficient power source. Despite higher electricity costs in Pitman, investing in solar panels can help lower monthly bills and break even on the initial investment in about 5 years. Choosing solar power not only puts money back in your pocket but also contributes to environmental conservation. Overall, going solar in Pitman is a smart and sustainable choice for homeowners looking to save money and reduce their carbon footprint.