Overview
Are you tired of paying high electricity bills every month in Woodsville, New Hampshire? Installing solar panels on your home could be a smart financial move. By analyzing weather data and electricity costs specific to Woodsville, we will show you how much money you could save each year by switching to solar power. With a breakdown of solar system costs and an estimate of the time it takes to break even, you’ll see just how much you stand to benefit financially from making the switch to solar energy.
Woodsville New Hampshire Weather Trends
Woodsville Precipitation
With Woodsville receiving 75.88 inches of precipitation in the last year, it is clear that the area experiences a significant amount of rain. This puts Woodsville in the 95th percentile in the nation and the 70th percentile in New Hampshire. Compared to the national average of 50.61 inches, Woodsville sees much more rainfall, making it an ideal location for solar panel installation.
Woodsville’s UV Rating
Woodsville’s average UV rating of 2.72 in the last year may seem low, but it is important to note that this puts Woodsville in the 1st percentile in the nation and the 4th percentile in New Hampshire. Even though the area may not receive as much sunlight as other parts of the country, solar panels can still be a cost-effective option for residents looking to save on electricity bills and reduce their environmental impact.
Woodsville’s Cloud Cover
With an average of 64% cloud cover in Woodsville in the last year, the area experiences more cloudy days than the national and state averages. Despite this, solar panels can still be a viable option for residents as they can generate electricity even on cloudy days. In fact, with the right system in place, Woodsville residents can still benefit financially from solar energy.
Woodsville New Hampshire Electricity Costs
Woodsville residents pay about $0.19/kw for electricity, placing them in the 97th percentile in the nation and the 88th percentile in New Hampshire. While this may seem high compared to the national average of $0.13/kw, installing solar panels can significantly reduce electricity costs over time. By making the switch to solar power, residents can not only save money but also contribute to a cleaner environment for future generations.
When could you expect to break even on a solar installation in Woodsville New Hampshire?
Considering the weather and electricity costs in Woodsville, 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:
- Woodsville gets more rain than the national average, which can affect solar panel efficiency.
- The UV ratings in Woodsville are lower than the national average, but still viable for generating solar power.
- Cloud cover in Woodsville is higher than the national average, which can impact solar panel performance.
Now, let’s consider the electricity costs:
- Woodsville residents 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 needed from the grid.
- With Woodsville’s higher electricity rates, the savings will be significant.
After analyzing the data, it appears that it would take approximately 8-10 years to cover the initial cost of the solar panels in Woodsville. This means that after this period, the money saved on electricity bills will begin to offset the investment. Since solar panels have a long lifespan, you will continue to benefit from these savings for many years. Installing solar panels is a cost-effective way to save money and contribute to environmental conservation over time!
Investing in solar power in Woodsville New Hampshire
Installing solar panels in Woodsville, New Hampshire can be a financially savvy decision for residents looking to reduce their electricity bills. Despite the area’s high precipitation and cloud cover, solar panels can still generate significant savings over time. By analyzing the weather data and electricity costs specific to Woodsville, we have determined that it would take approximately 8-10 years to break even on the initial cost of a solar installation. This means that after this period, residents can enjoy continued savings on their electricity bills for many years to come. Making the switch to solar energy is not only beneficial for your wallet but also for the environment. Consider investing in solar panels to save money and contribute to a greener future!