Overview
In Wilmot, New Hampshire, installing solar panels on your home can lead to significant financial savings in the long run. By analyzing weather data and electricity costs specific to the area, we can show you how a solar system can help you break even on your investment faster than you might think. With the average amount of sunlight and cloud cover, along with electricity rates, we will demonstrate the economic advantages of going solar in Wilmot.
Wilmot New Hampshire Weather Trends
Wilmot Precipitation
With Wilmot, New Hampshire receiving 74.33 inches of precipitation in the last year, it is clear that the area sees a significant amount of rain and snow. This places Wilmot in the 94th percentile nationwide and the 63rd percentile within New Hampshire. Comparing this to the national average of 50.61 inches, it’s evident that Wilmot experiences above-average precipitation levels.
Wilmot’s UV Rating
Wilmot, New Hampshire had an average UV rating of 3.16 in the past year, indicating moderate exposure to sunlight. While this places Wilmot in the 6th percentile in the country and the 26th percentile in New Hampshire, it’s important to note that the national average UV rating is 4.29. By harnessing this sunlight, residents can take advantage of solar energy and reduce their reliance on traditional electricity sources.
Wilmot’s Cloud Cover
With an average of 56% cloud cover in the last year, Wilmot, New Hampshire experiences varying levels of cloudiness throughout the year. This places Wilmot in the 90th percentile nationwide and the 71st percentile in New Hampshire. Despite this, the national average for cloud cover is 44.46%, indicating that Wilmot sees more cloud cover than most areas in the country. By installing solar panels, residents can still generate significant energy savings even on cloudy days.
Wilmot New Hampshire Electricity Costs
Residents of Wilmot, New Hampshire pay about $0.19/kw for electricity, which is higher than the national average of $0.13/kw. However, when compared to the state average of $0.19/kw, it is clear that Wilmot falls in line with the rest of New Hampshire. By switching to solar power, residents can reduce their reliance on grid electricity and potentially save money in the long run.
When could you expect to break even on a solar installation in Wilmot New Hampshire?
Considering the weather and electricity costs in Wilmot 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:
- Wilmot New Hampshire receives more precipitation than the national average, but it still has enough sun for solar panels to work effectively.
- The UV ratings in Wilmot New Hampshire are slightly lower than the national average, but they’re good for generating solar power.
- Cloud cover in Wilmot New Hampshire is slightly above average for the country, with different levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Wilmot 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 system generates electricity, reducing the need to buy as much from the grid.
- Due to the higher electricity rates in Wilmot New Hampshire, the savings are even greater.
After doing the math, it appears that it would take around 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will start accumulating and pay off the investment. Remember, solar panels have a long lifespan, so after that initial period, you’ll enjoy those savings for many more years. It’s a wise investment to save money and contribute to a cleaner environment!
Investing in solar power in Wilmot New Hampshire
After analyzing the weather trends and electricity costs in Wilmot, New Hampshire, it is clear that installing solar panels can lead to significant financial savings in the long run. Despite the above-average precipitation levels and cloud cover in the area, residents can still generate substantial energy savings from the moderate sunlight exposure. With higher electricity rates compared to the national average, switching to solar power can help residents reduce their reliance on grid electricity and potentially break even on their investment in as little as 6 years. By making the switch to solar energy, residents can enjoy long-term savings on their electricity bills while also contributing to a cleaner environment. Investing in solar panels in Wilmot is a smart decision economically and environmentally.