Overview
Living in Raymond, New Hampshire has its perks, but one downside can be the high cost of electricity. However, by harnessing the power of solar energy, residents can significantly reduce their monthly electric bills. This article will explore the financial benefits of installing solar panels on your home in Raymond, breaking down the cost of a solar system and estimating how long it will take to break even. By analyzing weather data and electricity costs specific to Raymond, we will show you how investing in solar energy can save you money in the long run.
Raymond New Hampshire Weather Trends
Raymond Precipitation
Living in Raymond, New Hampshire means you experience a higher amount of precipitation compared to both the national and statewide averages. With 76.68 inches of precipitation in the last year, Raymond ranks in the 95th percentile nationally and the 73rd percentile in New Hampshire. While the national average for total precipitation is 50.61 inches, the average in New Hampshire is slightly higher at 73.01 inches.
Raymond’s UV Rating
When it comes to UV ratings, Raymond, New Hampshire may not have the highest numbers, but it still holds its own. With an average UV rating of 3.52 in the last year, Raymond falls in the 20th percentile nationally and the 86th percentile in the state. Although the national average UV rating is 4.29, New Hampshire’s average is slightly lower at 3.25. Additionally, Raymond’s average max UV rating of 3.74 puts it in the 24th percentile nationally and the 84th percentile in New Hampshire.
Raymond’s Cloud Cover
Raymond, New Hampshire experiences an average of 52% cloud cover, making it slightly cloudier compared to the national average but less cloudy than the state average. This puts Raymond in the 80th percentile nationally and the 20th percentile in New Hampshire. With 90 days of low cloud cover, 99 days of moderate cloud cover, 73 days of high cloud cover, and 102 days of overcast conditions, Raymond’s weather variability can be ideal for harnessing solar energy.
Raymond New Hampshire Electricity Costs
Raymond residents pay around $0.19 per kilowatt-hour for electricity, placing them in the 97th percentile nationally and the 75th percentile in New Hampshire in terms of electricity costs. While the national average for residential electricity is $0.13/kw, New Hampshire’s average is similar to Raymond’s at $0.19/kw. By investing in solar panels, Raymond residents can take advantage of their high electricity costs to save money in the long run.
When could you expect to break even on a solar installation in Raymond New Hampshire?
Considering the weather and electricity costs in Raymond, 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:
- Raymond, New Hampshire receives more precipitation than the national average, but it still has enough sunshine for solar panels to be effective.
- The UV ratings in Raymond, New Hampshire are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Raymond, New Hampshire is slightly higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Raymond, New Hampshire pay a bit 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 the higher electricity rates in Raymond, New Hampshire, the savings from solar power are even greater.
After analyzing the numbers, it appears that it would take around 4-6 years to cover the initial cost of the solar panels. This means that after 4-6 years, the money saved on electricity bills will begin to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, you will continue to benefit from these savings for many years. It’s a wise way to save money while also contributing to a greener planet!
Investing in solar power in Raymond New Hampshire
Installing solar panels in Raymond, New Hampshire can be a smart financial decision for residents looking to save money on their electricity bills. With higher than average electricity costs and favorable weather conditions for solar energy generation, investing in solar panels can lead to significant savings in the long run. By breaking down the initial cost of a solar system and estimating the time it would take to break even, this article has demonstrated the financial benefits of harnessing solar power in Raymond. Not only can residents expect to see a return on their investment within 4-6 years, but they can also enjoy reduced electricity bills for many years to come. Ultimately, going solar in Raymond is an eco-friendly and cost-effective choice.