Overview
In New Lenox, Illinois, installing solar panels on your home can help you save money on electricity costs while also benefiting the environment. By analyzing weather data and electricity costs over the course of a year, we can show you how a solar system can pay for itself over time. With the right investment, you can enjoy long-term financial savings and reduce your carbon footprint by making the switch to solar energy.
New Lenox Illinois Weather Trends
New Lenox Precipitation
In the last year, New Lenox Illinois received 42.85 inches of precipitation, ranking it in the 33rd percentile in the nation and the 40th percentile in Illinois. While New Lenox sees slightly less precipitation compared to the national and state averages, the amount of rain is still adequate for a successful solar panel system installation. Installing solar panels in New Lenox can help you take advantage of the available sunlight to generate clean energy for your home.
New Lenox’s UV Rating
Last year, New Lenox Illinois had an average UV rating of 3.93, placing it in the 42nd percentile in the nation and the 26th percentile in Illinois. Although New Lenox may have slightly lower UV ratings compared to the national and state averages, there is still sufficient sunlight to power a solar energy system effectively. By harnessing the available sunlight, you can not only save on electricity costs but also contribute to a greener environment.
New Lenox’s Cloud Cover
On average, New Lenox Illinois experienced 46% cloud cover in the last year, positioning it in the 58th percentile in the nation and the 72nd percentile in Illinois. While New Lenox may have slightly more cloud cover compared to the national and state averages, it does not hinder the effectiveness of solar panels significantly. With a majority of days having manageable cloud cover, solar energy remains a viable and sustainable option for New Lenox residents looking to reduce their carbon footprint.
New Lenox Illinois Electricity Costs
New Lenox Illinois residents pay about $0.13/kw for electricity, placing them in the 77th percentile in the nation and the 71st percentile in Illinois. While electricity costs in New Lenox are slightly higher compared to the national average, investing in solar panels can help offset these expenses over time. By generating your electricity through solar energy, you can achieve long-term financial savings while also contributing to a cleaner and more sustainable future.
When could you expect to break even on a solar installation in New Lenox Illinois?
Considering the weather and electricity costs in New Lenox 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:
- New Lenox Illinois receives slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in New Lenox are also slightly lower than the national average, but still sufficient for generating solar power.
- Cloud cover in New Lenox is close to the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in New Lenox Illinois pay the national average for electricity at $0.13/kw.
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 and saving money.
- With electricity costs at $0.13/kw, the savings will add up over time.
After crunching the numbers, it looks like it would take around 8-10 years to cover the initial cost of the solar panels in New Lenox Illinois. This means that after 8-10 years, the money saved on electricity bills will begin to surpass the initial investment. And remember, solar panels have a long lifespan, so after that period, you’ll continue to enjoy those savings for many years to come. It’s a wise financial decision that also benefits the environment!
Investing in solar power in New Lenox Illinois
By analyzing the weather trends and electricity costs in New Lenox, Illinois, it is clear that installing solar panels can lead to significant financial savings and environmental benefits over time. Even though New Lenox may have slightly lower UV ratings and slightly more cloud cover compared to national averages, the conditions are still suitable for a successful solar energy system. With electricity costs at $0.13/kw, investing in solar panels can help offset these expenses in about 8-10 years. Not only will you save money on electricity bills, but you will also contribute to a greener and more sustainable future. Making the switch to solar energy in New Lenox is a smart decision for both your wallet and the planet.