Overview
Living in Norridge, Illinois, you may be wondering if installing solar panels on your home is a wise financial investment. By analyzing weather data and electricity costs specific to Norridge, we can show you how much money you can save over time by switching to solar energy. With the potential to break even on your investment in just a few years, the financial benefits of going solar are clear. Let’s explore how you can start saving money while helping the environment.
Norridge Illinois Weather Trends
Norridge Precipitation
In the last year, Norridge Illinois received 38.8 inches of precipitation. Compared to the rest of the nation, Norridge falls in the 25th percentile, while in Illinois, it is in the 11th percentile. The national average for total precipitation is 50.61 inches, and Illinois’s average is 45.69 inches. With Norridge receiving less precipitation than the national and state averages, installing solar panels can be a great way to take advantage of the available sunlight for energy production.
Norridge’s UV Rating
Last year, Norridge Illinois had an average UV rating of 3.82, placing it in the 37th percentile nationwide and the 15th percentile in Illinois. The national average for UV rating is 4.29, and Illinois’s average is 4.21. Additionally, Norridge had an average max UV rating of 4.04, ranking it in the 33rd percentile in the nation and the 17th percentile in Illinois. With moderate UV ratings, Norridge has ample sunlight to generate solar energy efficiently, making it a smart choice for installing solar panels.
Norridge’s Cloud Cover
On average, Norridge Illinois had 46% cloud cover last year, placing it in the 60th percentile nationally and the 77th percentile in Illinois. The national average for cloud cover is 44.46%, and Illinois’s average is 44.03%. Norridge experienced a diverse range of cloud cover days, indicating a good balance between sunny and cloudy days. With sufficient sunlight available, installing solar panels in Norridge can yield significant energy savings throughout the year.
Norridge Illinois Electricity Costs
Residents in Norridge, Illinois, pay about $0.13/kw for electricity, positioning Norridge in the 77th percentile nationally and the 71st percentile in Illinois. The national average for residential electricity is also $0.13/kw, while Illinois’s average is slightly lower at $0.12/kw. By harnessing the sun’s energy with solar panels, Norridge residents can reduce their reliance on traditional electricity sources, leading to substantial cost savings over time.
When could you expect to break even on a solar installation in Norridge Illinois?
Considering the weather and electricity costs in Norridge 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:
- Norridge Illinois receives slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Norridge Illinois are a bit lower than the national average, but still sufficient for generating solar power.
- Cloud cover in Norridge Illinois is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Norridge Illinois pay the national average for electricity, making it an affordable location for solar power.
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 lowering electricity costs.
- With Norridge Illinois’ average electricity rates, the savings will be consistent over the years.
After calculating the numbers, it seems that it would take around 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will start to accumulate and offset the investment. And since solar panels last for a long time, you’ll continue to benefit from these savings for many years to come. It’s a great way to save money and contribute to a cleaner environment!
Investing in solar power in Norridge Illinois
With the potential to break even on your investment in just a few years, installing solar panels in Norridge, Illinois is a smart financial decision. The weather trends in Norridge, including moderate precipitation, UV ratings, and cloud cover, combined with the average electricity costs, make it an ideal location for solar energy production. By investing in solar panels, residents can save money on electricity bills over time and help reduce their reliance on traditional energy sources. The decision to switch to solar power not only benefits your wallet but also contributes to a cleaner, more sustainable environment for future generations to enjoy.