Overview
Discover how installing solar panels on your Strathmere, New Jersey home can lead to significant financial savings. By analyzing weather data and electricity costs specific to your area, we will show you how a solar system can help you break even in a shorter amount of time than you might expect. With the abundance of sunshine in Strathmere, along with the potential for reduced electricity bills, making the switch to solar power could be a smart investment for your home.
Strathmere New Jersey Weather Trends
Strathmere Precipitation
With 62.37 inches of precipitation in the last year, Strathmere is in the 75th percentile in the nation and the 30th percentile in New Jersey. While New Jersey’s average for total precipitation is 65.31 inches, the national average stands at 50.61 inches. By harnessing the abundance of rainfall in your area, you can maximize the efficiency of your solar panels and potentially increase your energy savings.
Strathmere’s UV Rating
Strathmere’s average UV rating of 4.05 places it in the 48th percentile in the nation and the 61st percentile in New Jersey. Compared to the national average of 4.29, your area receives a decent amount of sunshine, making it suitable for solar panel installation. The average max UV rating of 4.16 further emphasizes the potential for harnessing solar energy in Strathmere for significant financial benefits.
Strathmere’s Cloud Cover
With an average of 44% cloud cover, Strathmere is in the 50th percentile in the nation and the 13th percentile in New Jersey. This means that your area experiences a moderate amount of cloud cover, which can impact solar panel efficiency. However, with a significant number of days with low cloud cover, there is still great potential for generating solar energy and reducing your electricity bills.
Strathmere New Jersey Electricity Costs
Strathmere residents pay about $0.18/kw for electricity, placing them in the 97th percentile in the nation and the 100th percentile in New Jersey. While the national average for residential electricity is $0.13/kw, New Jersey’s average is $0.16/kw. By switching to solar power, you can not only reduce your dependence on grid electricity but also save significantly on your monthly energy costs in the long run.
When could you expect to break even on a solar installation in Strathmere New Jersey?
Considering the weather and electricity costs in Strathmere 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:
- Strathmere New Jersey receives more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Strathmere New Jersey are slightly lower than the national average, but they are still suitable for generating solar power.
- The average cloud cover in Strathmere New Jersey is consistent with the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Strathmere New Jersey 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 solar system generates electricity, reducing the need to purchase as much from the grid.
- Given the higher electricity rates in Strathmere New Jersey, the savings from using solar power are even more significant.
After running the numbers, it appears that it would take approximately 7 years to cover the initial cost of the solar panels. This means that after 7 years, the money saved on electricity bills will begin to accumulate and offset the investment cost. Remember, solar panels have a long lifespan, so beyond this initial period, you will continue to benefit from these savings for many years to come. It’s a wise financial choice that also contributes to a cleaner environment!
Investing in solar power in Strathmere New Jersey
Installing solar panels on your Strathmere, New Jersey home is a smart investment that can lead to significant financial savings. By analyzing the weather data specific to your area, we have shown that despite the higher than average electricity costs, the abundant sunshine and moderate cloud cover in Strathmere make it an ideal location for solar panel installation. With the potential to break even on your investment in approximately 7 years, switching to solar power not only reduces your dependency on grid electricity but also allows you to enjoy long-term savings. So, make the smart choice for your wallet and the environment by considering solar power for your home in Strathmere.