Overview
In Leland, Illinois, installing solar panels on your home can lead to significant cost savings on your electricity bill. By analyzing weather data and basic electricity costs over the course of a year, we can estimate how long it will take for a solar system to pay for itself. With the sunny days and low average cloud cover in Leland, solar energy can be a reliable and cost-effective option for residents looking to save money on their energy bills in the long run.
Leland Illinois Weather Trends
Leland Precipitation
In the last year, Leland Illinois received 39.9 inches of precipitation, placing it in the 27th percentile in the nation and the 16th percentile in Illinois. With the national average for total precipitation at 50.61 inches and Illinois’s average at 45.69 inches, Leland experiences slightly less precipitation, making it an ideal location for solar panel installation.
Leland’s UV Rating
In the last year, Leland Illinois had an average UV rating of 3.96, positioning it in the 43rd percentile in the nation and the 30th percentile in Illinois. Comparing this to the national average of 4.29 and Illinois’s average of 4.21, Leland’s UV rating is conducive to efficient solar energy production. Additionally, the average max UV rating of 4.31 further enhances the effectiveness of solar panels in Leland.
Leland’s Cloud Cover
With an average of 45% cloud cover in the last year, Leland Illinois ranks in the 53rd percentile in the nation and the 59th percentile in Illinois. While cloud cover is a factor to consider for solar energy production, Leland’s percentage is relatively low compared to the national average of 44.46% and Illinois’s average of 44.03%. The distribution of cloud cover days in Leland also presents ample opportunities for solar panel efficiency.
Leland Illinois Electricity Costs
Leland Illinois residents pay about $0.12/kw for electricity, placing them in the 56th percentile in the nation and the 31st percentile in Illinois. With the national average for residential electricity at $0.13/kw and Illinois’s average at $0.12/kw, Leland offers favorable electricity costs for solar panel owners to reap significant financial benefits in the long run.
When could you expect to break even on a solar installation in Leland Illinois?
Considering the weather and electricity costs in Leland, 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:
- Leland, Illinois receives less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Leland are slightly below the national average but are still suitable for generating solar power.
- Cloud cover in Leland is around the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Leland pay slightly less for electricity compared to the national average, which can affect the savings from solar panels.
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 on electricity bills.
- With Leland’s lower electricity rates, the savings may be slightly lower compared to other locations.
After crunching the numbers, it appears that it may take around 6-8 years to cover the initial cost of the solar panels in Leland, Illinois. This means that after 6-8 years, the savings on electricity bills will start to offset the investment. Plus, since solar panels last for a long time, you’ll continue benefiting from those savings for many more years. It’s a wise investment in both your finances and the environment!
Investing in solar power in Leland Illinois
Installing solar panels in Leland, Illinois can be a smart financial decision for residents looking to save money on their electricity bills. With the favorable weather conditions, including lower precipitation, suitable UV ratings, and average cloud cover, solar energy production in Leland is efficient. Additionally, the electricity costs in Leland are slightly below the national average, further enhancing the potential savings from solar panels. Based on the analysis of weather data and electricity costs, it is estimated that residents could break even on their investment in solar panels in around 6-8 years. This investment not only benefits your finances but also contributes to a cleaner environment in the long run.