Overview
Are you tired of high electricity bills in Portsmouth, New Hampshire? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data and electricity costs, we can show you how much money you could save each year by switching to solar energy. With the cost of solar systems decreasing and financial incentives available, you can break even on your investment sooner than you may think. Keep reading to learn more about the financial benefits of going solar in Portsmouth.
Portsmouth New Hampshire Weather Trends
Portsmouth Precipitation
With Portsmouth receiving 72.95 inches of precipitation annually, it’s clear that the area experiences a fair amount of rainfall. Compared to the rest of the nation, Portsmouth falls within the 92nd percentile, indicating a higher than average amount of rainfall. However, in comparison to the rest of New Hampshire, Portsmouth ranks in the 51st percentile, showing that other areas in the state receive more precipitation. By harnessing this abundant rainfall through solar panels, you can utilize the energy generated to offset your electricity costs.
Portsmouth’s UV Rating
Portsmouth’s average UV rating of 3.47 places it in the 18th percentile nationwide, meaning that the area receives moderate levels of sunlight. In contrast, Portsmouth ranks in the 78th percentile among other locations in New Hampshire for UV rating. Although not one of the sunniest spots, Portsmouth still sees a decent amount of sunlight that can be converted into energy through solar panels. By taking advantage of these sunlight levels, you can reduce your reliance on traditional electricity sources.
Portsmouth’s Cloud Cover
Portsmouth experiences an average cloud cover of 51%, placing it in the 76th percentile nationally. This means that there are many days with partial cloud cover, allowing for sunlight to reach solar panels for energy generation. Compared to the rest of New Hampshire, Portsmouth falls in the 7th percentile for cloud cover, making it one of the sunnier spots in the state. With a good balance of sunny and cloudy days, Portsmouth is an ideal location for solar panel installation to maximize energy production.
Portsmouth New Hampshire Electricity Costs
Residents of Portsmouth pay about $0.19/kw for electricity, which is above the national average of $0.13/kw. However, when compared to the rest of New Hampshire, Portsmouth’s electricity costs align with the state average. By investing in solar panels, Portsmouth residents can generate their own electricity and potentially offset the high costs of traditional electricity sources. With financial incentives and decreasing solar system prices, transitioning to solar energy can lead to long-term savings on electricity bills.
When could you expect to break even on a solar installation in Portsmouth New Hampshire?
Considering the weather and electricity costs in Portsmouth, 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:
- Portsmouth gets more rain than the national average, but it still receives enough sunlight for solar panels to work efficiently.
- The UV ratings in Portsmouth are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Portsmouth is slightly higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Portsmouth 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.
- With Portsmouth’s higher electricity rates, the savings from solar power are even greater.
After considering the data, it looks like it would take around 5-6 years to cover the initial cost of the solar panels. This means that after 5-6 years, the savings on electricity bills will start to accumulate and pay off the investment. Since solar panels have a long lifespan, you will continue to enjoy these savings for many years after the initial period. Investing in solar panels is a wise choice for saving money and contributing to a cleaner environment!
Investing in solar power in Portsmouth New Hampshire
Considering the weather patterns and electricity costs in Portsmouth, New Hampshire, it is evident that investing in solar panels can lead to significant long-term savings on electricity bills. With ample rainfall, moderate sunlight levels, and partial cloud cover, Portsmouth provides an ideal environment for solar panel installation. By generating your own electricity, you can offset the high costs of traditional energy sources and break even on your investment in around 5-6 years. This means that you can enjoy savings for many more years to come while also contributing to a cleaner environment. Make the switch to solar energy today and start saving on your electricity bills!