Overview
In Marshall, Wisconsin, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs, it is clear that a solar system can help you save money in the long run. With information on precipitation, UV ratings, cloud cover, and electricity prices, we will break down the cost of a solar system and estimate the time it will take for you to break even on your investment.
Marshall Wisconsin Weather Trends
Marshall Precipitation
In the last year, Marshall Wisconsin received 37.36 inches of precipitation, placing it in the 22nd percentile in the nation and the 24th percentile in Wisconsin. Compared to the national average of 50.61 inches and Wisconsin’s average of 40.57 inches, Marshall experiences less rainfall. With lower precipitation levels, a solar panel system is a reliable investment for generating clean energy.
Marshall’s UV Rating
In the last year, Marshall Wisconsin had an average UV rating of 3.7, ranking it in the 30th percentile in the nation and the 89th percentile in Wisconsin. Compared to the national average of 4.29 and Wisconsin’s average of 3.51, Marshall experiences moderate UV radiation. With sufficient sunlight to power solar panels, investing in solar energy can provide substantial financial and environmental benefits for your home.
Marshall’s Cloud Cover
In the last year, Marshall Wisconsin had an average of 46% cloud cover, placing it in the 59th percentile nationwide and the 7th percentile in Wisconsin. Compared to the national average of 44.46% and Wisconsin’s average of 49.97%, Marshall enjoys relatively clear skies. With fewer cloudy days, solar panels in Marshall can efficiently harness sunlight to generate electricity for your home, resulting in long-term cost savings.
Marshall Wisconsin Electricity Costs
Marshall Wisconsin residents pay about $0.14/kw for electricity, positioning them in the 88th percentile in the nation and the 74th percentile in Wisconsin. Compared to the national average of $0.13/kw and Wisconsin’s average of $0.14/kw, Marshall’s electricity costs are slightly higher. By installing solar panels, residents can offset these costs, reduce reliance on traditional energy sources, and contribute to a sustainable future for Marshall and beyond.
When could you expect to break even on a solar installation in Marshall Wisconsin?
Considering the weather and electricity costs in Marshall 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:
- Marshall Wisconsin receives less precipitation than the national average, making it a suitable location for solar panels.
- The UV ratings in Marshall Wisconsin are slightly lower than the national average, but still good enough for generating solar power effectively.
- Cloud cover in Marshall Wisconsin is slightly higher than the national average, with varying percentages throughout the year.
Now, let’s consider the electricity costs:
- Residents in Marshall Wisconsin pay slightly 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, especially in a location with higher electricity costs.
After analyzing the data, it appears that it would take around 6-7 years to cover the initial cost of the solar panels. This means that after this period, the savings on electricity bills will start to accumulate and pay off the investment. Since solar panels have a long lifespan, you’ll continue to benefit from these savings for many years to come. Investing in solar energy is not only a smart financial decision but also a sustainable choice for the environment.
Investing in solar power in Marshall Wisconsin
Overall, installing solar panels in Marshall, Wisconsin is a wise financial decision that can lead to long-term savings on electricity costs. With lower precipitation levels, moderate UV ratings, and clear skies, solar panels are efficient in generating clean energy for your home. Despite slightly higher electricity costs in Marshall, investing in solar power can help offset these expenses and contribute to a sustainable future. By analyzing the data, it is clear that residents can expect to break even on their solar panel investment in around 6-7 years, after which they will continue to benefit from savings for many years to come. Choosing solar energy is not only beneficial for your wallet but also for the environment.