Overview
Are you a resident of Steward, Illinois looking to save money on your electricity bill? Installing solar panels on your home could be the perfect solution! In this article, we will break down the financial benefits of switching to solar energy based on 365 days of weather data specific to Steward, including precipitation levels, UV ratings, and cloud cover. By estimating the cost of a solar system and calculating the potential savings, we will show you how long it may take for you to break even on your investment. Say goodbye to high electricity bills and hello to long-term savings with solar power!
Steward Illinois Weather Trends
Steward Precipitation
With 38.05 inches of precipitation in the last year, Steward, Illinois falls below both the national and state averages. This means that Steward receives less rainfall compared to most places in the country and within Illinois. By harnessing the power of solar energy, you can take advantage of the available sunlight in your area, even on rainy days, to generate electricity for your home.
Steward’s UV Rating
Steward’s average UV rating of 3.85 places it slightly below the national and state averages. While the UV levels may not be as high as in some other areas, installing solar panels can still be a cost-effective solution for your home energy needs. The solar panels can still generate electricity even on partly cloudy days, making it a viable option for Steward residents.
Steward’s Cloud Cover
With an average of 46% cloud cover in Steward, Illinois, residents can still benefit from solar energy despite some cloudy days throughout the year. The percentage of cloud cover in Steward is slightly higher compared to the national and state averages. By investing in solar panels, you can capture sunlight during clear days and reduce your reliance on traditional electricity sources.
Steward Illinois Electricity Costs
At $0.13/kw, Steward residents pay slightly more for electricity compared to the national average, but just above the state average. By switching to solar power, you can offset your electricity costs and potentially save money in the long run. With abundant sunlight in your area, investing in solar panels can lead to significant financial benefits over time.
When could you expect to break even on a solar installation in Steward Illinois?
Considering the weather and electricity costs in Steward, 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:
- Steward, Illinois receives slightly less precipitation than the national average, which is good for solar panels.
- The UV ratings in Steward, Illinois are slightly lower than the national average, but still conducive for generating solar power.
- Cloud cover in Steward, Illinois is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Steward, Illinois pay the national average for electricity, which is $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 to be purchased from the grid.
- Since the electricity cost in Steward, Illinois is $0.13/kw, the savings potential is significant.
After analyzing the numbers, it appears that it would take approximately 4-6 years to cover the initial cost of the solar panels. This means that after this period, the savings on electricity bills will start accumulating and make the investment worthwhile. Moreover, considering the longevity of solar panels, the savings will continue for many years, making it a prudent financial and environmentally friendly decision.
Investing in solar power in Steward Illinois
By analyzing the weather trends and electricity costs in Steward, Illinois, it is evident that investing in solar panels can lead to significant long-term savings. Despite receiving slightly less precipitation and having lower UV ratings compared to national averages, Steward residents can still benefit from solar energy due to the ample sunlight available in the area. Even with the average cloud cover, installing solar panels can help reduce reliance on traditional electricity sources and offset the cost of electricity, which is slightly above the national average. With an estimated payback period of 4-6 years, transitioning to solar power not only offers financial benefits but also contributes to a more sustainable future. Say goodbye to high electricity bills and hello to a brighter, greener tomorrow with solar energy!