Overview
In Rexville, New York, investing in solar panels for your home can lead to significant financial benefits. By analyzing weather data and electricity costs specific to the area, it is clear that solar energy is a reliable and cost-effective option for residents. With a breakdown of the cost of a solar system and an estimation of the payback period, it becomes evident that installing solar panels is a smart financial decision in Rexville.
Rexville New York Weather Trends
Rexville Precipitation
With Rexville, New York receiving 47.26 inches of precipitation in the last year, it is important to note that this puts the area in the 43rd percentile nationally and the 10th percentile within New York. Comparatively, the national average for total precipitation sits at 50.61 inches, while New York’s average is slightly higher at 63.5 inches. Despite being slightly lower in precipitation levels, Rexville still experiences a substantial amount of rainfall, making it a viable location for solar panel installation.
Rexville’s UV Rating
Looking at the UV rating data, Rexville, New York had an average UV rating of 3.14 in the last year, placing it in the 6th percentile in the nation and the 17th percentile in New York. The national average for UV rating is 4.29, while New York’s average is slightly lower at 3.57. Additionally, the average max UV rating for Rexville was 3.35, positioning it in the 15th percentile nationally and the 19th percentile within New York. This indicates that Rexville receives a good amount of sunlight, making solar panels an efficient energy source for residents.
Rexville’s Cloud Cover
When considering cloud cover, Rexville, New York had an average of 61% cloud cover in the last year, ranking it in the 97th percentile nationally and the 85th percentile in New York. In comparison, the national average for cloud cover is 44.46%, while New York’s average is slightly higher at 54.76%. With 49 days of low cloud cover, 74 days of moderate cloud cover, 103 days of high cloud cover, and 138 days of full cloud cover, Rexville’s consistent sunlight makes it an ideal location for solar panel installation.
Rexville New York Electricity Costs
Residents of Rexville, New York pay approximately $0.11/kw for electricity, placing them in the 42nd percentile nationally and the 29th percentile within New York. In contrast, the national average for residential electricity is $0.13/kw, while New York’s average is slightly higher at $0.15/kw. With relatively lower electricity costs in Rexville, investing in solar panels can lead to substantial long-term savings, making it a wise financial decision for residents looking to reduce their energy expenses.
When could you expect to break even on a solar installation in Rexville New York?
Considering the weather and electricity costs in Rexville, New York, 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:
- Rexville receives slightly less precipitation than the national average, making it a decent location for solar panels.
- The UV ratings in Rexville are lower than the national average, but still suitable for generating solar power.
- Cloud cover in Rexville is higher than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Rexville 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, reducing the amount needed from the grid.
- With Rexville’s lower electricity rates, the savings are still significant.
Based on the calculations, it would take around 6-7 years to cover the initial cost of the solar panels. This means that after 6-7 years, the money saved on electricity bills will start to accumulate and pay off the investment. Since solar panels have a long lifespan, you can enjoy those savings for many more years to come. It’s a wise choice for both personal finances and the environment!
Investing in solar power in Rexville New York
Investing in solar panels in Rexville, New York is a financially smart decision. The weather trends of the area indicate that there is sufficient sunlight for solar energy production, coupled with relatively low electricity costs. By breaking down the costs of a solar system and estimating the payback period, it is evident that residents can expect to break even on their investment in around 6-7 years. With solar panels lasting between 25 and 30 years, this initial investment will lead to long-term savings and benefits for both personal finances and the environment. Therefore, installing solar panels in Rexville is both a practical and eco-friendly choice for residents.