Overview
In Dane, Wisconsin, installing solar panels on your home can be a smart financial decision. By analyzing weather data and electricity costs over 365 days, we have calculated the potential savings and payback period for a solar system in this area. With the average amount of sunlight and relatively low precipitation, Dane residents can expect to break even on their investment in a solar system in a reasonable amount of time. Let us show you how going solar can help you save money in the long run.
Dane Wisconsin Weather Trends
Dane Precipitation
With Dane Wisconsin receiving 40.77 inches of precipitation in the last year, residents are placed in the 29th percentile nationwide and the 59th percentile within Wisconsin. Comparatively, the national average for total precipitation is 50.61 inches, while Wisconsin’s average stands at 40.57 inches. By experiencing lower levels of precipitation, Dane residents can take advantage of this climate factor when considering solar energy.
Dane’s UV Rating
Having an average UV rating of 3.66, Dane Wisconsin ranks in the 27th percentile across the nation and the 79th percentile within Wisconsin. In contrast, the national average for average UV rating is 4.29, with Wisconsin’s average at 3.51. With an average max UV rating of 3.88, Dane residents are in the 28th percentile nationally and the 75th percentile statewide. These UV metrics indicate favorable conditions for solar energy conversion, making it an attractive option for sustainable living.
Dane’s Cloud Cover
With an average of 49% cloud cover in the last year, Dane Wisconsin stands in the 69th percentile nationally and the 45th percentile within Wisconsin. Comparatively, the national average for average cloud cover is 44.46%, while Wisconsin’s average is slightly higher at 49.97%. Additionally, Dane experienced a range of cloud cover throughout the year, with specific days falling into different cloud cover categories. These cloud cover trends can impact solar panel efficiency and energy production potential.
Dane Wisconsin Electricity Costs
Residents in Dane Wisconsin pay around $0.15 per kilowatt-hour for electricity, placing them in the 93rd percentile nationwide and the 97th percentile within the state. In comparison, the national average for residential electricity costs is $0.13/kw, while Wisconsin’s average is $0.14/kw. By harnessing solar energy, Dane residents have the opportunity to offset high electricity costs and potentially save money in the long run.
When could you expect to break even on a solar installation in Dane Wisconsin?
Considering the weather and electricity costs in Dane 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:
- Dane Wisconsin receives slightly less precipitation compared to the national average, making it a suitable location for solar panel installations.
- The UV ratings in Dane Wisconsin are slightly lower than the national average, but still sufficient for generating solar power.
- Cloud cover in Dane Wisconsin is around the national average, with some variability throughout the year.
Now, let’s consider the electricity costs:
- Residents in Dane Wisconsin pay more for electricity compared to the national average, at approximately $0.15/kw.
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 to be purchased from the grid.
- With Dane Wisconsin’s higher electricity rates, the savings are significant.
After analyzing the data, it appears that it would take approximately 11 years to cover the initial cost of the solar panels. This means that after 11 years, the savings from reduced electricity bills will start to offset the investment. Given that solar panels last for 25 to 30 years, you will continue to benefit from these savings for many years following the payback period. Investing in solar energy is not only financially smart but also environmentally friendly in the long run!
Investing in solar power in Dane Wisconsin
After analyzing the weather trends and electricity costs in Dane, Wisconsin, it is evident that investing in solar panels can lead to significant savings over time. With lower precipitation levels, favorable UV ratings, and relatively high electricity costs, residents in Dane have the opportunity to break even on their investment in solar energy in approximately 11 years. Considering solar panels can last up to 30 years, this means decades of savings and reduced energy bills. Not only is going solar financially beneficial, but it also contributes to a more sustainable and environmentally friendly lifestyle. Take advantage of the sun’s energy and start saving on your electricity bills today!