Overview
In Cornell, Wisconsin, installing solar panels on your home can save you money on electricity costs over time. By analyzing weather data and electricity prices collected over a year, we can demonstrate the financial benefits of making the switch to solar energy. By breaking down the cost of a solar system and estimating the time it will take to break even, we can show you how investing in solar panels can be a smart decision for your wallet in the long run.
Cornell Wisconsin Weather Trends
Cornell Precipitation
In the last year, Cornell Wisconsin received 48.74 inches of precipitation, ranking it in the 45th percentile in the nation and the 97th percentile in Wisconsin. Compared to the national average of 50.61 inches, Cornell falls slightly below. However, when looking at Wisconsin’s average of 40.57 inches, Cornell has a higher rainfall amount. With the ample precipitation in Cornell, harnessing solar energy can be a reliable source of power throughout the year.
Cornell’s UV Rating
In the last year, Cornell Wisconsin had an average UV rating of 3.35, placing it in the 13th percentile in the nation and the 22nd percentile in Wisconsin. Although Cornell’s UV rating is lower than both the national average of 4.29 and Wisconsin’s average of 3.51, it is still sufficient for effective solar panel performance. With an average max UV rating of 3.56, Cornell residents can benefit from consistent sunlight to power their homes.
Cornell’s Cloud Cover
In the last year, Cornell Wisconsin had an average of 52% cloud cover, positioning it in the 81st percentile in the nation and the 77th percentile in Wisconsin. While Cornell experiences more cloud cover compared to the national average of 44.46%, it is slightly lower than Wisconsin’s average of 49.97%. With a good balance of sunny and cloudy days, Cornell is an ideal location for solar panel installation to capture sunlight when it’s available.
Cornell Wisconsin Electricity Costs
Cornell Wisconsin residents pay about $0.13/kw for electricity, placing them in the 79th percentile in the nation and the 26th percentile in Wisconsin. The national average for residential electricity is also $0.13/kw, making Cornell’s electricity costs on par with the rest of the country. However, compared to Wisconsin’s average of $0.14/kw, Cornell residents enjoy slightly lower electricity rates, making solar panel investment an attractive option for long-term savings.
When could you expect to break even on a solar installation in Cornell Wisconsin?
Considering the weather and electricity costs in Cornell, 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:
- Cornell, Wisconsin receives slightly less precipitation than the national average, making it a suitable location for solar panels.
- The UV ratings in Cornell, Wisconsin are slightly lower than the national average, but still sufficient for generating solar power.
- Cloud cover in Cornell, Wisconsin is above the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Cornell, Wisconsin pay the national average for electricity costs.
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 need to purchase as much 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 appears that it would take around 7-8 years to cover the initial cost of the solar panels in Cornell, 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 a long time, the savings and benefits will continue for many years beyond the break-even point. Investing in solar energy is a wise decision that not only saves money but also contributes to a cleaner environment.
Investing in solar power in Cornell Wisconsin
After analyzing the weather trends and electricity costs in Cornell, Wisconsin, it is clear that investing in solar panels can be a financially advantageous decision in the long run. By taking into account the weather conditions, the cost of electricity, and the initial investment in solar panels, we have determined that it would take approximately 7-8 years to break even on the cost of installation. This means that residents of Cornell can start saving money on their electricity bills and enjoy the benefits of solar power for many years after reaching this point. Making the switch to solar energy not only saves money but also contributes to a cleaner environment for future generations.