Overview
Are you a homeowner in Lombard, Illinois looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been searching for! By analyzing weather data specific to Lombard, including inches of precipitation, average max UV rating, average UV rating, and average percentage of cloud cover, we can show you how much money you could save each year by switching to solar energy. With the cost breakdown of a solar system and an estimate of how quickly you can break even on your investment, this article will help you make an informed decision about going solar.
Lombard Illinois Weather Trends
Lombard Precipitation
With Lombard receiving 44.09 inches of precipitation in the last year, it falls below the national average of 50.61 inches but above Illinois’s average of 45.69 inches. By harnessing solar energy, residents can reduce their reliance on traditional energy sources impacted by precipitation levels, ultimately saving money and contributing to a more sustainable environment.
Lombard’s UV Rating
Despite having an average UV rating of 3.88, below the national and state averages, Lombard’s potential for solar energy remains strong. With an increasing number of sunny days, residents can capitalize on solar panels to generate clean and cost-effective electricity. By tapping into solar power, homeowners can reduce their carbon footprint and lower their utility bills.
Lombard’s Cloud Cover
Having an average cloud cover of 46%, which is higher than the national average of 44.46%, Lombard residents need not worry about limited sunlight affecting the efficiency of solar panels. With multiple days featuring varying percentages of cloud cover, homeowners can still benefit from solar energy and decrease their reliance on traditional electricity sources, leading to long-term savings and environmental benefits.
Lombard Illinois Electricity Costs
With residents paying about $0.13/kw for electricity, slightly higher than the national average but on par with Illinois’s average, switching to solar power can provide significant financial advantages. By investing in solar panels, homeowners can lock in energy costs, reduce monthly utility bills, and potentially break even on their investment in a relatively short period, making the switch to solar a smart decision for Lombard residents.
When could you expect to break even on a solar installation in Lombard Illinois?
Considering the weather and electricity costs in Lombard, Illinois, 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:
- Lombard gets slightly less rain than the national average, with enough sun for solar panels to be effective.
- The UV ratings are a bit lower than the national average, but still good for generating solar power.
- Cloud cover is around average for the country, varying throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lombard pay the national average for electricity.
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 bought from the grid.
- Since electricity costs in Lombard are average, the savings will be consistent.
After running the numbers, it looks like it would take around 5-6 years to cover the initial cost of the solar panels. This means that after 5-6 years, the money saved on electricity bills will begin to accumulate and pay off the investment. And remember, solar panels typically last for 25-30 years, so after that initial period, you’ll continue to enjoy savings for many years to come. It’s a smart investment for both your wallet and the environment!
Investing in solar power in Lombard Illinois
Switching to solar energy in Lombard, Illinois can be a smart financial decision that benefits both homeowners and the environment. By analyzing weather trends and electricity costs specific to Lombard, we have determined that installing solar panels can lead to significant savings on electricity bills. With an average break-even time of 5-6 years and the longevity of solar panels lasting 25-30 years, making the switch to solar power is a wise investment that will pay off in the long run. Not only will you be saving money, but you will also be reducing your carbon footprint and contributing to a more sustainable future. So, if you’re a homeowner in Lombard looking to cut costs and make a positive impact, consider going solar!