Overview
If you live in Reno, Pennsylvania, you may be wondering if installing solar panels on your home is a worthwhile investment. We have collected weather data specific to your area, as well as basic electricity costs, to show you the financial benefits of going solar. By breaking down the cost of a solar system and estimating the time it will take to break even, we aim to show you why going solar could be a smart choice for your wallet. Let’s explore the numbers together.
Reno Pennsylvania Weather Trends
Reno Precipitation
In the last year, Reno Pennsylvania received 63.33 inches of precipitation, placing it in the 77th percentile in the nation and the 74th percentile in Pennsylvania. Compared to the national average of 50.61 inches and Pennsylvania’s average of 59.53 inches, Reno sees slightly higher precipitation levels, making it an ideal location for harnessing solar energy.
Reno’s UV Rating
Over the last year, Reno Pennsylvania had an average UV rating of 3.41, ranking it in the 15th percentile in the nation and the 21st percentile in Pennsylvania. With the national average at 4.29 and Pennsylvania’s average at 3.82, Reno’s UV conditions are favorable for solar panel efficiency. Additionally, the average max UV rating of 3.71 places Reno in a good position for solar energy production.
Reno’s Cloud Cover
Throughout the last year, Reno Pennsylvania experienced an average of 58% cloud cover, positioning it in the 93rd percentile in the nation and the 87th percentile in Pennsylvania. In comparison, the national average for cloud cover is 44.46%, while Pennsylvania’s average is 51.8%. With a significant number of days featuring clear skies, Reno offers ample sunlight for optimal solar panel output.
Reno Pennsylvania Electricity Costs
Reno Pennsylvania residents pay around $0.15/kw for electricity, placing them in the 91st percentile in the nation and the 94th percentile in Pennsylvania. Despite the national average being $0.13/kw and Pennsylvania’s average also at $0.13/kw, Reno’s slightly higher electricity costs make investing in solar panels a financially sound decision to save on utility bills in the long run.
When could you expect to break even on a solar installation in Reno Pennsylvania?
Considering the weather and electricity costs in Reno Pennsylvania, 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:
- Reno Pennsylvania receives more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Reno Pennsylvania are slightly lower than the national average, but they are still sufficient for generating solar power.
- Cloud cover in Reno Pennsylvania is higher than the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in Reno Pennsylvania pay slightly 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:
- By generating electricity, the solar system reduces the amount needed to be bought from the grid.
- Considering Reno Pennsylvania’s higher electricity rates, the savings are significant.
After analyzing the numbers, it appears that it would take approximately 5-6 years to cover the initial cost of the solar panels. Following this period, the money saved on electricity bills will gradually accumulate and offset the investment. Additionally, since solar panels have a long lifespan, these savings will continue for many years to come. It’s a wise way to save money and contribute to a cleaner environment simultaneously!
Investing in solar power in Reno Pennsylvania
When considering the financial benefits of installing solar panels in Reno, Pennsylvania, the numbers speak for themselves. With favorable weather conditions, higher than average sunlight exposure, and slightly increased electricity costs, investing in solar energy can lead to significant savings in the long run. Our analysis suggests that it would take approximately 5-6 years to break even on the initial cost of the solar panels, after which the savings on utility bills will continue for many years to come. By going solar, residents not only save money but also contribute to a cleaner environment. It’s a smart choice for your wallet and the planet!