Overview
In Tilghman Maryland, installing solar panels on your home can lead to significant savings on your electricity bills. By analyzing weather data and electricity costs over the course of a year, we can determine just how quickly you can break even on your investment. With factors like average precipitation, UV ratings, and cloud cover taken into account, it’s clear that solar power is a financially savvy choice for residents of Tilghman Maryland.
Tilghman Maryland Weather Trends
Tilghman Precipitation
With Tilghman Maryland receiving 62.53 inches of precipitation in the last year, residents are well aware of the frequent rainfalls in the area. Compared to the national average of 50.61 inches, Tilghman sits comfortably above that. Additionally, Tilghman exceeds Maryland’s average of 56.5 inches. By harnessing the power of solar panels, residents can take advantage of the ample rain to generate clean and renewable energy for their homes.
Tilghman’s UV Rating
When it comes to UV ratings, Tilghman Maryland boasts an average rating of 4.22 in the last year. This places Tilghman in the 55th percentile in the nation and the 40th percentile in Maryland. While the national average is slightly higher at 4.29, Maryland’s average is 4.26. Taking advantage of Tilghman’s UV exposure through solar panels can help residents make the most out of this valuable resource.
Tilghman’s Cloud Cover
In the last year, Tilghman Maryland experienced an average of 43% cloud cover. This places Tilghman in the 43rd percentile in the nation and the 24th percentile in Maryland. While the national average hovers around 44.46%, Maryland’s average is slightly lower at 43.89%. With varying degrees of cloud cover throughout the year, residents can still benefit from solar energy and reduce their reliance on traditional electricity sources.
Tilghman Maryland Electricity Costs
Residents of Tilghman Maryland pay approximately $0.15 per kilowatt-hour for electricity, placing them in the 91st percentile in the nation and the 100th percentile in Maryland. Comparatively, the national average for residential electricity costs is $0.13/kw, while Maryland’s average aligns with the national average. By installing solar panels, residents can offset these high electricity costs and save money in the long run while also reducing their carbon footprint.
When could you expect to break even on a solar installation in Tilghman Maryland?
Considering the weather and electricity costs in Tilghman, Maryland, 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:
- Tilghman, Maryland receives more precipitation than the national average, but still has enough sunlight for solar panels to be effective.
- The UV ratings in Tilghman are slightly lower than the national average, but are still sufficient for generating solar power.
- Cloud cover in Tilghman is around the national average, with some variance throughout the year.
Now, let’s consider the electricity costs:
- Residents in Tilghman, Maryland 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 higher electricity rates in Tilghman, the savings are even more significant.
Considering all factors, it is estimated that it would take around 6-7 years to cover the initial cost of the solar panels. This means that, after 6-7 years, the savings on electricity bills will start adding up to pay off the investment. Since solar panels have a long lifespan, these savings will continue for many years afterwards. It’s a wise investment for both financial savings and environmental benefits!
Investing in solar power in Tilghman Maryland
Installing solar panels in Tilghman Maryland is a smart financial decision for residents looking to save on electricity costs. With high precipitation levels, adequate UV exposure, and moderate cloud cover, solar panels can effectively generate clean energy for homes in the area. Considering the relatively high electricity costs in Tilghman, the initial investment in solar panels can be recouped in approximately 6-7 years. Not only does this result in long-term savings on electricity bills, but it also contributes to a more sustainable environment. Making the switch to solar power in Tilghman Maryland is a win-win situation for residents and the planet alike.