Overview
Are you a resident of Walpole, New Hampshire looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data and electricity costs specific to Walpole, we will show you how investing in a solar system can help you break even in a reasonable amount of time. Let’s explore how going solar can benefit your wallet in the long run.
Walpole New Hampshire Weather Trends
Walpole Precipitation
With an annual precipitation of 68.23 inches, Walpole, New Hampshire is drenched in the 86th percentile compared to the rest of the country and the 23rd percentile within the state. While the national average stands at 50.61 inches, New Hampshire’s average is slightly higher at 73.01 inches. Despite being wetter than most, Walpole’s precipitation levels could still make solar panels a viable option.
Walpole’s UV Rating
Walpole, New Hampshire receives an average UV rating of 3.32, placing it in the 11th percentile nationally and the 58th percentile in the state. Compared to the national average of 4.29, Walpole experiences slightly lower UV exposure. However, with an average max UV rating of 3.56, Walpole still has plenty of sunlight potential, making it a suitable location for solar panel installation.
Walpole’s Cloud Cover
Walpole, New Hampshire averages a 55% cloud cover, ranking it in the 88th percentile nationally and the 61st percentile within New Hampshire. While the national average hovers around 44.46%, New Hampshire’s average is slightly higher at 55.38%. Even with varying degrees of cloud cover throughout the year, Walpole still sees a significant number of clear days, making it conducive for solar energy production.
Walpole New Hampshire Electricity Costs
Residents of Walpole, New Hampshire pay approximately $0.19 per kilowatt-hour for electricity, placing them in the 97th percentile nationally and the 63rd percentile within the state. While the national average for residential electricity is $0.13/kw, New Hampshire’s average aligns closely with Walpole’s at $0.19/kw. Considering the higher than average electricity costs in Walpole, investing in solar panels could provide substantial long-term savings on energy bills.
When could you expect to break even on a solar installation in Walpole New Hampshire?
Considering the weather and electricity costs in Walpole New Hampshire, 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:
- Walpole New Hampshire receives more precipitation than the national average, but it still gets enough sunlight for solar panels to function effectively.
- The UV ratings in Walpole New Hampshire are slightly lower than the national average but are still suitable for generating solar power.
- Cloud cover in Walpole New Hampshire is higher than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Walpole New Hampshire 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, which reduces the amount residents need to buy from the grid.
- Given the higher electricity rates in Walpole New Hampshire, the savings are even more significant.
After analyzing the numbers, it appears that it would take approximately 8 years to cover the initial cost of the solar panels in Walpole New Hampshire. This means that after 8 years, the savings on electricity bills will start to accumulate and pay off the investment. It’s a wise way to save money and contribute to environmental conservation for many years to come!
Investing in solar power in Walpole New Hampshire
Considering the weather data and electricity costs in Walpole, New Hampshire, investing in solar panels can be a wise decision. With higher than average electricity costs and sufficient sunlight potential, installing a solar system could lead to significant long-term savings on energy bills. By analyzing the numbers, it is estimated that it would take around 8 years to break even on the initial cost of the solar panels. After this point, the savings on electricity bills will continue to accumulate, making solar energy a beneficial investment for residents of Walpole. Not only does it save money, but it also contributes to environmental conservation for years to come.