Overview
Are you a Salisbury, New Hampshire resident looking to save money on your electricity bills? Installing solar panels on your home could be the solution for you. By analyzing weather data and electricity costs specific to Salisbury, we have calculated the potential financial benefits of investing in solar energy. In this article, we will break down the cost of a solar system, estimate the time it would take for you to break even, and show you why going solar is a smart financial decision for residents of Salisbury.
Salisbury New Hampshire Weather Trends
Salisbury Precipitation
Salisbury, New Hampshire stands out when it comes to precipitation, receiving 120.74 inches in the last year. This places Salisbury in the 100th percentile in both the nation and New Hampshire. In comparison, the national average for total precipitation is 50.61 inches, while New Hampshire’s average is 73.01 inches. With such high levels of precipitation, harnessing solar energy can help offset electricity costs significantly.
Salisbury’s UV Rating
With an average UV rating of 3.29, Salisbury, New Hampshire ranks in the 10th percentile in the nation and the 52nd percentile in the state. In contrast, the national average UV rating is 4.29, and New Hampshire’s average is 3.25. Additionally, the average max UV rating in Salisbury is 3.42, placing it in the 16th percentile nationally and the 42nd percentile in New Hampshire. Despite lower UV ratings, solar panels can still generate substantial energy savings for Salisbury residents.
Salisbury’s Cloud Cover
Salisbury, New Hampshire experiences an average of 55% cloud cover, ranking it in the 89th percentile nationally and the 64th percentile in the state. Comparatively, the national average for cloud cover is 44.46%, while New Hampshire’s average is 55.38%. Salisbury had varying cloud cover throughout the year, with 70 days of clear skies and 110 days heavily clouded. Despite these conditions, solar panels remain a viable option for cutting electricity costs.
Salisbury New Hampshire Electricity Costs
Salisbury residents pay approximately $0.19 per kilowatt-hour for electricity, placing them in the 97th percentile nationally and the 75th percentile within New Hampshire. The national average for residential electricity is $0.13/kW, while New Hampshire’s average matches Salisbury’s at $0.19/kW. With higher electricity costs compared to the national average, investing in solar panels can help Salisbury residents save significantly on their energy bills in the long run.
When could you expect to break even on a solar installation in Salisbury New Hampshire?
Considering the weather and electricity costs in Salisbury, 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:
- Salisbury gets more rain than the national average, but it still has enough sunlight 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 higher than the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Salisbury 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 higher electricity rates in Salisbury, the savings are significant.
After crunching the numbers, it looks like it would take around 8 years to cover the initial cost of the solar panels. This means, after 8 years, the money you save on electricity bills will start to add up and pay off the investment. Since solar panels last for decades, you can enjoy these savings for many years beyond the break-even point. Investing in solar energy is a smart way to save money in the long run and contribute to a greener environment!
Investing in solar power in Salisbury New Hampshire
After analyzing Salisbury, New Hampshire’s weather trends and electricity costs, it is clear that investing in solar panels can lead to significant financial benefits for residents. Despite higher precipitation rates and lower UV ratings compared to national averages, solar panels can effectively generate energy savings due to Salisbury’s high electricity costs. By breaking down the costs and calculating the time to break even on a solar installation, we have determined that it would take around 8 years to cover the initial investment. This means that residents can start enjoying savings on their electricity bills and contribute to a greener environment for many years beyond the break-even point. Ultimately, going solar in Salisbury, New Hampshire is a smart financial decision that can lead to long-term savings and a more sustainable future.