Overview
With the rising cost of electricity and the increasing concerns about the environment, many Matteson Illinois residents are considering installing solar panels on their homes. By utilizing weather data specific to Matteson, such as inches of precipitation, average max UV rating, average UV rating, and average percentage cloud cover, along with basic electricity costs, we can demonstrate how investing in a solar system can save you money in the long run. By breaking down the cost of a solar system and estimating the time it takes to break even, we aim to show residents the financial benefits of making the switch to solar energy.
Matteson Illinois Weather Trends
Matteson Precipitation
With Matteson Illinois experiencing 44.65 inches of precipitation in the last year, residents here are in a better position compared to the national average of 50.61 inches and the Illinois average of 45.69 inches. By harnessing the power of solar energy, you can take advantage of this natural resource to save on electricity costs and reduce your environmental impact at the same time.
Matteson’s UV Rating
Despite an average UV rating of 3.91 in the last year, Matteson Illinois still falls slightly below the national average of 4.29 and the Illinois average of 4.21. By installing solar panels, you can efficiently convert sunlight into electricity, making the most out of the available UV rays and potentially saving more money in the long run.
Matteson’s Cloud Cover
With an average of 46% cloud cover in the last year, Matteson Illinois residents are in a good position compared to the national average of 44.46% and the Illinois average of 44.03%. By investing in solar energy, you can capitalize on clear days to maximize electricity production and further offset your reliance on traditional grid power.
Matteson Illinois Electricity Costs
At about $0.13/kw for electricity, Matteson Illinois residents have the opportunity to save money by switching to solar. While this cost puts Matteson in the 77th percentile nationwide and the 71st percentile in Illinois, the long-term savings and environmental benefits of solar energy make it a worthwhile investment for homeowners looking to reduce their carbon footprint and lower their utility bills.
When could you expect to break even on a solar installation in Matteson Illinois?
Considering the weather and electricity costs in Matteson 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:
- Matteson Illinois receives slightly less precipitation compared to the national average, which is good for solar panel efficiency.
- The UV ratings in Matteson Illinois are lower than the national average, but still sufficient for generating solar power.
- Cloud cover in Matteson Illinois is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Matteson Illinois 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 need to purchase from the grid.
- With average electricity rates, the savings are consistent.
After analyzing the data, it appears that it would take approximately 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Since solar panels have a long lifespan, you can enjoy these savings for many years after the initial period. This approach not only saves money but also contributes to environmental conservation. It’s a wise investment to consider!
Investing in solar power in Matteson Illinois
Installing solar panels in Matteson, Illinois can be a financially beneficial decision for residents. By taking advantage of the slightly lower precipitation, sufficient UV ratings, and average cloud cover in the area, homeowners can save money on electricity costs and reduce their carbon footprint. With electricity expenses in Matteson falling in line with the national average, investing in solar energy is a smart choice for those looking to save money in the long run. By estimating a break-even period of approximately 5 years for a standard solar system, residents can see the financial benefits of making the switch to solar power. Not only does this investment pay off financially, but it also contributes to environmental conservation, making it a wise choice for Matteson homeowners.