Overview
Solar panels are a smart investment for residents in Ontario, Wisconsin. By analyzing weather data and electricity costs, it is clear that installing solar panels on your home can lead to significant savings over time. With a breakdown of the costs of a solar system and an estimate of how long it will take to break even, this article will show you the financial benefits of making the switch to solar energy.
Ontario Wisconsin Weather Trends
Ontario Precipitation
With Ontario receiving 41.87 inches of precipitation in the last year, it is clear that the area experiences a moderate amount of rainfall. Compared to the rest of Wisconsin, Ontario falls in the 68th percentile, indicating that it receives more precipitation than most areas in the state. However, when looking at the national average of 50.61 inches, Ontario falls below this mark, placing it in the 31st percentile across the country. Despite this, the amount of precipitation in Ontario is still sufficient to support the installation of solar panels.
Ontario’s UV Rating
Ontario Wisconsin had an average UV rating of 3.66 in the last year, which is slightly below the national average of 4.29. When compared to the rest of Wisconsin, Ontario falls in the 80th percentile, indicating that it receives more UV radiation than many other areas in the state. With an average max UV rating of 3.91, Ontario also sees a fair amount of sunlight throughout the year, making it a suitable location for solar panel installation. Despite not having the highest UV ratings, the consistent sunlight in Ontario makes it a viable option for harnessing solar energy.
Ontario’s Cloud Cover
With an average of 47% cloud cover in the last year, Ontario Wisconsin experiences a moderate amount of cloudy days. Compared to the national average of 44.46%, Ontario falls slightly above this mark, placing it in the 62nd percentile across the country. In contrast, when compared to the rest of Wisconsin, Ontario falls in the 13th percentile, indicating that it has fewer cloudy days than many other areas in the state. The distribution of cloud cover throughout the year also allows for varying levels of sunlight, making it a suitable location for solar panel installation.
Ontario Wisconsin Electricity Costs
Residents in Ontario Wisconsin pay about $0.13/kw for electricity, which is on par with the national average. Compared to the rest of Wisconsin, Ontario falls in the 28th percentile in terms of electricity costs. Despite not having the lowest electricity rates in the state, Ontario’s costs are still competitive when compared to the national average. By investing in solar panels, residents can offset their electricity bills and potentially save money in the long run, making it a financially sound decision for Ontario homeowners.
When could you expect to break even on a solar installation in Ontario Wisconsin?
Considering the weather and electricity costs in Ontario, 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:
- Ontario, Wisconsin receives slightly less precipitation than the national average, making it suitable for solar panels.
- The UV ratings in Ontario, Wisconsin are slightly below average but still sufficient for generating solar power.
- Cloud cover in Ontario, Wisconsin is close to the national average, with some variability throughout the year.
Now, let’s consider the electricity costs:
- Residents in Ontario, Wisconsin pay the same rate for electricity as the national average.
With this information, let’s break down the costs:
- A standard 10kW solar system 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 solar system generates electricity, reducing the amount needed from the grid.
- With average electricity rates, the savings from using solar power will help offset the initial cost of the system.
After analyzing the data, it is estimated that it would take around 5-7 years to cover the initial cost of the solar panels in Ontario, Wisconsin. This means that after this period, the savings on electricity bills will start to accumulate and make the investment worthwhile. Additionally, with solar panels lasting for 25-30 years, the long-term savings and environmental benefits make installing solar panels a smart financial decision and a step towards sustainability.
Investing in solar power in Ontario Wisconsin
After analyzing the weather trends and electricity costs in Ontario, Wisconsin, it is clear that investing in solar panels can lead to significant savings over time. The data shows that Ontario receives enough sunlight to support solar energy generation and has competitive electricity rates. With an estimated payback period of 5-7 years, homeowners can start to see savings on their electricity bills and make a positive impact on the environment. By making the switch to solar energy, residents in Ontario, Wisconsin can enjoy the financial benefits of a smart investment and contribute to a more sustainable future.