Overview
If you’re a Somerville New Jersey resident looking to save money on your electricity bills while also reducing your carbon footprint, installing solar panels on your home could be the perfect solution. By analyzing weather data and electricity costs specific to Somerville, we can show you just how much you can save over time with a solar system. With the potential for significant cost savings and a relatively short payback period, going solar is a smart financial choice for homeowners in Somerville.
Somerville New Jersey Weather Trends
Somerville Precipitation
With Somerville New Jersey receiving 69.22 inches of precipitation in the last year, it is clear that the area experiences a significant amount of rain. This puts Somerville in the 87th percentile in the nation, surpassing both the national average of 50.61 inches and New Jersey’s average of 65.31 inches. Despite the higher levels of rainfall, installing solar panels can still be a wise decision financially and environmentally.
Somerville’s UV Rating
Having an average UV rating of 3.97 in the last year, Somerville New Jersey is situated in the 44th percentile nationally and the 31st percentile within New Jersey. While the sun may not shine as brightly in Somerville compared to other parts of the country, the potential for solar energy generation is still significant. Generating solar power remains a viable option for homeowners in Somerville.
Somerville’s Cloud Cover
With an average cloud cover of 46% in the last year, Somerville New Jersey experiences moderate cloudiness throughout the year. This places Somerville in the 60th percentile nationwide and the 61st percentile in New Jersey. Despite the number of cloudy days, solar panels can still generate substantial energy, making it a worthwhile investment for homeowners in Somerville.
Somerville New Jersey Electricity Costs
Residents in Somerville pay about $0.15/kw for electricity, placing them in the 93rd percentile nationally and the 27th percentile in New Jersey. While electricity costs in Somerville may be slightly higher than the national average of $0.13/kw, going solar can lead to significant savings in the long run. By making the switch to solar energy, homeowners can reduce their electricity bills while also helping the environment.
When could you expect to break even on a solar installation in Somerville New Jersey?
Considering the weather and electricity costs in Somerville 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:
- Somerville New Jersey receives more precipitation than the national average, but it still gets enough sunlight for solar panels to be effective.
- The UV ratings in Somerville are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Somerville is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Somerville New Jersey 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:
- The system generates electricity, which means less electricity needs to be purchased from the grid.
- With Somerville’s higher electricity rates, the savings from using solar power are significant.
After analyzing the data, it looks like it would take approximately 5-6 years to cover the initial cost of the solar panels. This means that after 5-6 years, the savings on electricity bills will start to accumulate and offset the initial investment. Additionally, since solar panels have a long lifespan, these savings will continue for many years beyond the break-even point. Investing in solar panels is a smart choice to save money and contribute to a greener environment!
Investing in solar power in Somerville New Jersey
When considering the weather trends and electricity costs in Somerville, New Jersey, installing solar panels on your home emerges as a financially wise and environmentally friendly choice. With substantial cost savings and a relatively short payback period, going solar in Somerville is a smart investment for homeowners looking to cut down on electricity bills while reducing their carbon footprint. By harnessing the power of the sun, residents in Somerville can enjoy long-term savings and make a positive impact on the environment.