Overview
Are you a Rehoboth Beach resident looking to save money on your electricity bill while also contributing to a greener environment? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data specific to Rehoboth Beach, Delaware, along with current electricity costs, we will break down the financial benefits of investing in a solar system. Learn how long it may take to break even on your investment and start saving money in the long run.
Rehoboth Beach Delaware Weather Trends
Rehoboth Beach Precipitation
With 62.57 inches of precipitation in the last year, Rehoboth Beach is above the national average of 50.61 inches but below the Delaware average of 62.92 inches. Despite the higher level of precipitation, solar panels can still be a beneficial investment for residents in Rehoboth Beach, especially with the potential to generate electricity on rainy days.
Rehoboth Beach’s UV Rating
Rehoboth Beach’s average UV rating of 4.13 may be slightly lower than the national and state averages, but it’s still within a range that is conducive to solar energy production. With an average max UV rating of 4.21, residents can expect their solar panels to perform efficiently and generate a good amount of electricity throughout the year.
Rehoboth Beach’s Cloud Cover
Despite an average cloud cover of 43%, which is slightly above the national average, Rehoboth Beach still experiences a significant number of days with clear to partly cloudy skies. With 108 days of minimal cloud cover, residents have plenty of opportunities for their solar panels to capture sunlight and generate electricity efficiently.
Rehoboth Beach Delaware Electricity Costs
At $0.12/kw, Rehoboth Beach residents enjoy slightly lower electricity costs compared to the national average of $0.13/kw. With this favorable rate, investing in solar panels can lead to substantial long-term savings on electricity bills, making it a financially sound decision for households in Rehoboth Beach.
When could you expect to break even on a solar installation in Rehoboth Beach Delaware?
Considering the weather and electricity costs in Rehoboth Beach Delaware, 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:
- Rehoboth Beach Delaware gets a bit more rain than the national average, but it’s still sunny enough for solar panels to work effectively.
- The UV ratings are slightly lower than the national average, but they’re still good for generating solar power.
- Cloud cover is about average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Rehoboth Beach Delaware pay slightly less 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, which means we don’t need to buy as much from the grid.
- With Rehoboth Beach Delaware’s lower electricity rates, the savings are still significant.
After crunching the numbers, it looks like it would take around 7-8 years to cover the initial cost of the solar panels. That means, after 7-8 years, the money you save on electricity bills will start to add up and pay off the investment. And remember, solar panels last for a long time, so after that initial period, you’ll be enjoying those savings for many years to come. It’s a smart way to save money and help the environment at the same time!
Investing in solar power in Rehoboth Beach Delaware
Installing solar panels in Rehoboth Beach, Delaware can be a smart financial decision for residents looking to save money on their electricity bills. Despite slightly higher precipitation and cloud cover levels, Rehoboth Beach still experiences enough sunlight for solar panels to be effective. With electricity costs lower than the national average, investing in solar can lead to substantial long-term savings. Based on the data, it could take around 7-8 years to break even on the initial investment, after which residents can enjoy continued savings for many years to come. By going solar, not only can residents save money, but they can also contribute to a greener environment. Consider investing in solar panels today to start saving money and energy tomorrow!