Overview
In Sicklerville, New Jersey, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data such as precipitation, UV ratings, and cloud cover, along with basic electricity costs, we can estimate the cost of a solar system and how long it will take to break even. With the potential for long-term savings on energy bills, investing in solar panels could be a smart financial decision for residents of Sicklerville.
Sicklerville New Jersey Weather Trends
Sicklerville Precipitation
With Sicklerville receiving 64.88 inches of precipitation last year, it is clear that the area experiences a decent amount of rain. This puts Sicklerville in the 80th percentile nationally and the 47th percentile in New Jersey. While the state average is slightly higher at 65.31 inches, the national average sits at 50.61 inches. The higher precipitation levels in Sicklerville make it an ideal location for harnessing solar energy, as rainy days can still provide energy through cloud cover.
Sicklerville’s UV Rating
With an average UV rating of 4.21 last year, Sicklerville falls in the 54th percentile nationally and the 85th percentile in New Jersey. While the national average UV rating is slightly higher at 4.29, New Jersey’s average is just 4.04. Additionally, Sicklerville had an average max UV rating of 4.55, placing it in the 46th percentile nationally and the 84th percentile in New Jersey. Higher UV ratings indicate better conditions for solar energy production, making Sicklerville a great location for solar panel installation.
Sicklerville’s Cloud Cover
Last year, Sicklerville had an average cloud cover of 45%, putting it in the 54th percentile nationally and the 34th percentile in New Jersey. While New Jersey’s average cloud cover is slightly higher at 45.99%, the national average is 44.46%. Additionally, Sicklerville experienced a variety of cloud cover days, with 116 days having between 0% and 25% cloud cover, 94 days with between 25% and 50% cloud cover, 85 days with between 50% and 75% cloud cover, and 69 days with between 75% and 100% cloud cover. These conditions provide ample opportunity for solar panel efficiency.
Sicklerville New Jersey Electricity Costs
Residents of Sicklerville pay about $0.18/kw for electricity, placing them in the 97th percentile nationally and the 100th percentile in New Jersey. While the national average for residential electricity is $0.13/kw, New Jersey’s average is slightly higher at $0.16/kw. With electricity costs higher in Sicklerville compared to the national and state averages, investing in solar panels can lead to significant long-term savings on energy bills, making it a financially wise decision for residents.
When could you expect to break even on a solar installation in Sicklerville New Jersey?
Considering the weather and electricity costs in Sicklerville, New Jersey, 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:
- Sicklerville gets more precipitation than the national average, but it still has decent UV ratings for solar power generation.
- The UV ratings in Sicklerville are slightly lower than the national average, but they are still good enough to generate solar power effectively.
- Cloud cover in Sicklerville is around the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Sicklerville 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 need to buy as much from the grid.
- Given Sicklerville’s higher electricity rates, the savings from solar power are even more significant.
After analyzing the data, it seems that it would take around 5-7 years to cover the initial cost of the solar panels. This means that after 5-7 years, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, you will continue to enjoy these savings for many years to come. Investing in solar power is not only a smart financial decision, but it also helps the environment in the long run.
Investing in solar power in Sicklerville New Jersey
Investing in solar panels in Sicklerville, New Jersey can yield significant financial benefits for residents. With higher precipitation levels providing energy through cloud cover, decent UV ratings for solar power generation, and electricity costs above the national average, the potential for long-term savings on energy bills is promising. After analyzing the data, it is evident that investing in solar panels can lead to a break-even point within 5-7 years, resulting in accumulated savings and a smart financial decision for residents of Sicklerville. Not only does this investment make financial sense, but it also contributes positively to the environment in the long run.