Overview
Are you looking to save money on electricity bills while helping the environment? Installing solar panels on your home in Raynham, Massachusetts could be the answer! In this article, we will break down the financial benefits of switching to solar power based on data collected over 365 days in Raynham. By analyzing weather patterns, electricity costs, and the cost of a solar system, we will show you how quickly you can break even on your investment and start saving money in the long run.
Raynham Massachusetts Weather Trends
Raynham Precipitation
With 70.47 inches of precipitation in the last year, Raynham is in the 89th percentile in the nation and the 65th percentile in Massachusetts. Compared to the national average of 50.61 inches and Massachusetts’s average of 68.09 inches, Raynham experiences significantly more rainfall, making it an ideal location for harnessing solar energy.
Raynham’s UV Rating
Raynham had an average UV rating of 3.75 in the last year, placing it in the 33rd percentile in the nation and the 92nd percentile in Massachusetts. Despite not having the highest UV rating, Raynham still receives plenty of sunlight for solar panel efficiency. With an average max UV rating of 4.01, Raynham is well-positioned for solar energy production.
Raynham’s Cloud Cover
Raynham had an average of 51% cloud cover in the last year, ranking it in the 76th percentile in the nation and the 50th percentile in Massachusetts. With a balance of sunny and cloudy days, Raynham offers consistent sunlight for solar panel performance. Additionally, the distribution of cloud cover throughout the year allows for optimal energy generation.
Raynham Massachusetts Electricity Costs
Residents in Raynham pay about $0.18/kw for electricity, putting them in the 96th percentile in the nation and the 40th percentile in Massachusetts. Although slightly above the national average of $0.13/kw, Raynham’s electricity costs are lower than the Massachusetts average of $0.22/kw. By investing in solar panels, residents can offset these costs and save money in the long run.
When could you expect to break even on a solar installation in Raynham Massachusetts?
Considering the weather and electricity costs in Raynham Massachusetts, 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:
- Raynham Massachusetts receives more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Raynham Massachusetts are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Raynham Massachusetts is slightly higher than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Raynham Massachusetts 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 high electricity rates in Raynham Massachusetts, the savings are even more significant.
After calculations, it looks like it would take approximately 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Keep in mind that solar panels have a long lifespan, so you will enjoy these savings for many years beyond that initial period. Investing in solar power is a wise decision to save money and contribute to environmental sustainability!
Investing in solar power in Raynham Massachusetts
Installing solar panels in Raynham, Massachusetts can be a smart financial move that benefits both your wallet and the environment. With higher than average precipitation, suitable UV ratings, and a balance of sunny and cloudy days, Raynham offers the ideal conditions for solar energy production. Additionally, residents in Raynham pay more for electricity than the national average, making solar panels an excellent investment to offset these costs. With an estimated break-even point of 7-8 years, switching to solar power can lead to long-term savings and sustainability. Make the switch to solar energy and start saving money today!