Overview
In Friendship, Wisconsin, installing solar panels on your home can lead to significant financial savings over time. By utilizing weather data collected over 365 days, we can show you how much sunshine your area receives, along with the potential electricity cost savings. With a breakdown of the cost of a solar system and an estimate of the time it will take to break even, this article will demonstrate the financial benefits of making the switch to solar energy in Friendship, Wisconsin.
Friendship Wisconsin Weather Trends
Friendship Precipitation
With Friendship, Wisconsin receiving 38.31 inches of precipitation in the last year, it is important to note that this puts the area below the national and Wisconsin averages. This means that Friendship residents have less rain to contend with compared to other areas, making it an ideal location for solar panel installation. By harnessing the power of the sun, Friendship homeowners can take advantage of the lower precipitation levels to maximize solar energy production and savings.
Friendship’s UV Rating
Friendship, Wisconsin’s average UV rating of 3.63 in the last year may seem moderate, but it actually places the area below the national average. However, when compared to the rest of Wisconsin, Friendship ranks higher. This means that Friendship residents have a good amount of sunlight exposure, making it a suitable location for solar panel installations. With a higher UV rating than the state average, Friendship offers great potential for solar energy production and cost savings.
Friendship’s Cloud Cover
Friendship, Wisconsin’s average of 48% cloud cover in the last year places the area above the national average but below the state average. Despite this, Friendship experienced a considerable number of days with clear skies, making it an excellent location for solar panel installation. With nearly 100 days of minimal cloud cover, residents can benefit from increased sunlight exposure and greater energy generation potential, leading to significant savings on electricity costs.
Friendship Wisconsin Electricity Costs
Friendship, Wisconsin residents pay about $0.14/kw for electricity, which is slightly above the national average but in line with the state average. Despite this, Friendship’s high electricity costs compared to the rest of the country make solar panel installation a smart financial decision. By generating their own electricity through solar power, Friendship residents can reduce their reliance on the grid and lower their overall energy expenses, ultimately saving money in the long run.
When could you expect to break even on a solar installation in Friendship Wisconsin?
Considering the weather and electricity costs in Friendship, 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:
- Friendship receives less precipitation than the national average, making it a suitable location for solar panels.
- The UV ratings in Friendship are slightly lower than the national average, but still sufficient for generating solar power.
- Cloud cover in Friendship is slightly higher than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Friendship 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.
- With Friendship’s higher electricity rates, the savings are significant.
After analyzing the data, it appears that it would take approximately 6 years to cover the initial cost of the solar panels. This means that after 6 years, the savings on electricity bills will start to accumulate and offset the investment. And don’t forget, solar panels have a long lifespan, so beyond that initial period, you’ll continue to enjoy those savings for many years to come. It’s a smart financial decision that also benefits the environment!
Investing in solar power in Friendship Wisconsin
Installing solar panels in Friendship, Wisconsin can result in significant financial savings over time. With less precipitation, higher UV ratings, and numerous days with clear skies, Friendship is an ideal location for maximizing solar energy production and cost savings. Despite slightly higher electricity costs, generating your own power through solar panels can help reduce reliance on the grid and ultimately save money in the long run. Based on the data presented, it is estimated that it would take approximately 6 years to break even on the investment in solar panels, after which you can continue to enjoy savings for many years to come. Making the switch to solar energy in Friendship, Wisconsin is not only a wise financial choice but also a beneficial step towards a sustainable future.