Overview
In Franksville, Wisconsin, installing solar panels on your home can lead to significant cost savings on your electricity bill. By analyzing weather data and electricity costs over the course of a year, we can estimate how quickly you can break even on your investment in solar panels. With favorable weather conditions in Franksville and rising electricity costs, now is the perfect time to consider making the switch to solar energy for long-term financial benefits.
Franksville Wisconsin Weather Trends
Franksville Precipitation
With Franksville, Wisconsin receiving 43.49 inches of precipitation in the last year, it is clear that the area experiences a moderate amount of rainfall. While Franksville falls in the 35th percentile in the nation for total precipitation, it is above the state average, which is beneficial for solar energy production. By harnessing the power of the sun during rainy days, residents can continue to generate clean energy for their homes.
Franksville’s UV Rating
Franksville, Wisconsin had an average UV rating of 3.38 in the last year, indicating a moderate amount of sun exposure. Although Franksville ranks lower in the national percentile for UV rating, it is still higher than the state average. With consistent sunlight, residents can rely on solar energy to power their homes efficiently. By taking advantage of the abundant sunshine, Franksville residents can lower their electricity bills and reduce their carbon footprint.
Franksville’s Cloud Cover
Franksville, Wisconsin had an average cloud cover of 48% in the last year, providing a good balance between sunny and cloudy days. While Franksville ranks higher than the national average for cloud cover, it is lower than the state average. With a mix of clear and cloudy days, residents can benefit from solar energy production throughout the year. By maximizing sunny days for solar energy generation, Franksville homeowners can save money on their energy bills.
Franksville Wisconsin Electricity Costs
Franksville, Wisconsin residents pay about $0.16/kw for electricity, making it one of the pricier areas in the nation for residential electricity. While Franksville ranks high in both national and state percentiles for electricity costs, the rising prices make switching to solar energy a smart financial decision. By investing in solar panels, residents can protect themselves from future electricity rate hikes and enjoy long-term savings on their energy bills.
When could you expect to break even on a solar installation in Franksville Wisconsin?
Considering the weather and electricity costs in Franksville, Wisconsin, 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:
- Franksville gets slightly less precipitation compared to the national average, making it a suitable location for solar panels.
- The UV ratings in Franksville are lower than the national average but still adequate for generating solar power.
- Cloud cover in Franksville is a bit higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Franksville 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 Franksville’s higher electricity rates, the savings from solar power are even more significant.
After analyzing the data, it appears that it would take around 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will start to offset the investment. Additionally, since solar panels have a long lifespan, you will continue to enjoy these savings for many years to come. Investing in solar power is not only a way to save money but also to contribute to a cleaner environment.
Investing in solar power in Franksville Wisconsin
Considering the favorable weather conditions in Franksville, Wisconsin and the rising electricity costs, investing in solar panels for your home can lead to significant cost savings on your electricity bill. By analyzing the weather data and electricity costs, we found that residents in Franksville could expect to break even on their solar panel investment in about 5 years. With the long-term financial benefits and positive impact on the environment, now is the perfect time to consider making the switch to solar energy for your home.