Overview
If you’re a Thomaston Maine resident looking to save money on your electricity bills, installing solar panels on your home could be a wise investment. By analyzing weather data and electricity costs specific to Thomaston, we can show you the financial benefits of going solar. With the potential to break even on your investment in a reasonable timeframe, now is the time to consider making the switch to solar energy.
Thomaston Maine Weather Trends
Thomaston Precipitation
With Thomaston receiving 81.97 inches of precipitation in the last year, it is clear that the town experiences more rainfall compared to both the national and statewide averages. This means that Thomaston residents have the opportunity to harness this natural resource through solar panels to generate clean energy.
Thomaston’s UV Rating
Thomaston’s average UV rating of 3.03 over the last year may be lower than the national and state averages, but it still provides ample sunlight for solar energy production. By installing solar panels, Thomaston residents can take advantage of the available sunlight to offset their electricity costs and reduce their carbon footprint.
Thomaston’s Cloud Cover
Although Thomaston had an average cloud cover of 55% last year, the town still has plenty of sunny days to make solar energy a viable option. With various degrees of cloud cover throughout the year, residents can benefit from the clear days to maximize their solar panel efficiency and savings.
Thomaston Maine Electricity Costs
At $0.16/kw, Thomaston residents pay slightly higher electricity rates compared to the national average but align with Maine’s average. By investing in solar panels, residents can lock in lower energy costs for the long term, especially with the abundant precipitation and sunlight in Thomaston, making it a financially sound decision in the long run.
When could you expect to break even on a solar installation in Thomaston Maine?
Considering the weather and electricity costs in Thomaston Maine, 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:
- Thomaston Maine receives more precipitation than the national average, but it still has enough sunlight for solar panels to work effectively.
- The UV ratings in Thomaston Maine are lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Thomaston Maine is slightly higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Thomaston Maine pay a bit 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 Thomaston Maine’s slightly higher electricity rates, the savings are significant.
After calculating the numbers, it appears that it would take approximately 7 years to cover the initial cost of the solar panels. This means, after 7 years, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels can last for 25 to 30 years, you will continue to enjoy those savings for many years beyond the break-even point. It’s a wise investment for saving money and contributing to a greener future!
Investing in solar power in Thomaston Maine
Considering the weather trends and electricity costs in Thomaston, Maine, investing in solar panels can be a smart financial decision. With an abundance of precipitation and sufficient sunlight, residents can expect to break even on their investment in approximately 7 years. Beyond that point, they will continue to save money on electricity bills and reduce their carbon footprint. Installing solar panels in Thomaston is not only a financially sound choice but also a step towards a greener and more sustainable future.