Overview
In this article, we will explore the financial benefits of installing solar panels on your home in West Lebanon, New Hampshire. By analyzing weather data and basic electricity costs specific to the area, we will break down the cost of a solar system and estimate how long it will take for you to break even. This information will show you the long-term savings you can enjoy by making the switch to solar energy for your home.
West Lebanon New Hampshire Weather Trends
West Lebanon Precipitation
With West Lebanon receiving 66.35 inches of precipitation in the last year, it is clear that the area experiences a significant amount of rainfall. Compared to the national average of 50.61 inches, West Lebanon falls in the 83rd percentile. When looking at New Hampshire specifically, West Lebanon is in the 15th percentile, showcasing its unique weather patterns.
West Lebanon’s UV Rating
West Lebanon’s average UV rating of 3.19 is lower than both the national average of 4.29 and New Hampshire’s average of 3.25. This lower UV rating indicates that West Lebanon experiences less intense sunlight exposure. However, with an average max UV rating of 3.42, there is still plenty of sunlight to harness for solar energy.
West Lebanon’s Cloud Cover
Despite having an average of 59% cloud cover, which is higher than both the national and state averages, West Lebanon still has multiple days with varying degrees of cloud cover. This means that while there may be cloudy days, there are also clear days ideal for solar energy production. By taking advantage of the sunny days, residents can maximize their solar energy output.
West Lebanon New Hampshire Electricity Costs
Residents of West Lebanon pay around $0.2/kw for electricity, which is higher than both the national average of $0.13/kw and New Hampshire’s average of $0.19/kw. By installing solar panels, homeowners can significantly reduce their electricity bills and offset the high cost of electricity in the area. Making the switch to solar energy can lead to substantial savings in the long run.
When could you expect to break even on a solar installation in West Lebanon New Hampshire?
Considering the weather and electricity costs in West Lebanon, 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:
- West Lebanon receives more precipitation than the national average, but it still has enough sunlight for solar panels to work effectively.
- The UV ratings in West Lebanon are slightly lower than the national average, but are still good for generating solar power.
- Cloud cover in West Lebanon is higher than the national average, with varying degrees throughout the year.
Now, let’s consider the electricity costs:
- Residents in West Lebanon 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, reducing the amount purchased from the grid.
- Due to West Lebanon’s higher electricity rates, the savings from solar power are even greater.
After analyzing the data, it appears that it would take around 5 to 8 years to cover the initial cost of the solar panels. This means that after 5 to 8 years, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years beyond the break-even point. Using solar power is not only a smart financial decision but also an environmentally friendly one!
Investing in solar power in West Lebanon New Hampshire
Installing solar panels in West Lebanon, New Hampshire can lead to significant financial savings in the long run. By taking advantage of the ample sunlight, despite the area’s higher cloud cover and lower UV ratings, residents can offset the high electricity costs and break even on their investment in around 5 to 8 years. Choosing solar energy not only benefits your wallet but also the environment, making it a smart and sustainable choice for homeowners in West Lebanon.