Overview
Are you a Taunton Massachusetts resident looking to save money on your electricity bills? Installing solar panels on your home can not only reduce your carbon footprint but also provide significant financial benefits in the long run. By analyzing weather data and electricity costs specific to Taunton, we will show you how investing in a solar system can lead to substantial savings over time. So, keep reading to discover how solar panels can help you break even on your investment and start seeing a return on your energy bill savings.
Taunton Massachusetts Weather Trends
Taunton Precipitation
In the last year, Taunton Massachusetts received 73.01 inches of precipitation, which is higher than the national average of 50.61 inches. Compared to the rest of Massachusetts, Taunton’s precipitation levels are slightly above average at the 80th percentile. By harnessing this ample rainfall with solar panels, you can generate clean energy and save on your electricity bills in the long run.
Taunton’s UV Rating
With an average UV rating of 3.71 in the last year, Taunton Massachusetts falls below the national average of 4.29. However, when compared to the rest of Massachusetts, Taunton’s UV rating is higher, ranking at the 87th percentile. Despite the slightly lower UV rating, solar panels can still be a cost-effective option for generating energy and reducing your carbon footprint in Taunton.
Taunton’s Cloud Cover
In the last year, Taunton Massachusetts experienced an average cloud cover of 51%, which is higher than the national average of 44.46%. Despite this, Taunton’s cloud cover is slightly below the Massachusetts average, placing it at the 71st percentile. With varying levels of cloud cover throughout the year, Taunton residents can still benefit from installing solar panels to offset their electricity costs and contribute to a greener environment.
Taunton Massachusetts Electricity Costs
Residents of Taunton Massachusetts pay about $0.17 per kilowatt-hour for electricity, which is higher than the national average of $0.13/kw. However, when comparing to the rest of Massachusetts, Taunton’s electricity costs are lower, ranking at the 33rd percentile. By investing in solar panels and generating your own electricity, you can combat rising utility rates and potentially see significant savings on your energy bills over time.
When could you expect to break even on a solar installation in Taunton Massachusetts?
Considering the weather and electricity costs in Taunton Massachusetts, 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:
- Taunton Massachusetts received more precipitation than the national average, but it still has enough sunshine for solar panels to work effectively.
- The UV ratings in Taunton Massachusetts are slightly lower than the national average, but they are still good for generating solar power.
- Cloud cover in Taunton Massachusetts is slightly higher than the national average with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Taunton Massachusetts 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, which means we don’t need to buy as much from the grid.
- With Taunton Massachusetts’ higher electricity rates, the savings are even greater.
After crunching the numbers, it looks like it would take around 6 years to cover the initial cost of the solar panels. That means, after 6 years, the money you save on electricity bills will start to add up and pay off the investment. And remember, solar panels last for a long time, so after that initial period, you’ll be enjoying those savings for many years to come. It’s a smart way to save money and help the environment at the same time!
Investing in solar power in Taunton Massachusetts
With the combination of favorable weather conditions and higher electricity costs in Taunton Massachusetts, investing in solar panels can lead to significant financial benefits over time. By harnessing ample rainfall, despite slightly lower UV ratings and higher cloud cover, residents can generate clean energy and reduce their electricity bills. With the potential to break even on the initial investment in as little as 6 years, installing solar panels is a smart way to save money and contribute to a greener environment for years to come.