Overview
In Kempton, Illinois, installing solar panels on your home can lead to significant financial savings over time. By analyzing weather data and electricity costs specific to Kempton, we can estimate the cost of a solar system and how long it will take to break even. With favorable weather conditions and rising electricity costs, investing in solar panels can be a smart financial decision that pays off in the long run.
Kempton Illinois Weather Trends
Kempton Precipitation
With 43.11 inches of precipitation in the last year, Kempton, Illinois falls below the national average of 50.61 inches but slightly above the Illinois average of 45.69 inches. Despite receiving less precipitation compared to the rest of the country, Kempton still experiences a significant amount of rainfall, making it a viable location for capturing solar energy.
Kempton’s UV Rating
Kempton, Illinois has an average UV rating of 4.02, which is lower than both the national average of 4.29 and the Illinois average of 4.21. However, with an average max UV rating of 4.37, Kempton is not far behind the national average of 4.61 and the Illinois average of 4.53. This means that residents can still benefit from ample sunlight for solar panel efficiency.
Kempton’s Cloud Cover
Despite having an average cloud cover of 45%, Kempton, Illinois is in a better position compared to the national and Illinois averages of 44.46% and 44.03%, respectively. With a substantial number of days with minimal cloud cover, Kempton residents can take advantage of clearer skies for maximum solar energy production throughout the year.
Kempton Illinois Electricity Costs
Residents of Kempton, Illinois pay $0.12/kw for electricity, which is slightly below the national average of $0.13/kw but in line with the Illinois average of $0.12/kw. With relatively affordable electricity rates, investing in solar panels can help residents save money in the long run while reducing their carbon footprint.
When could you expect to break even on a solar installation in Kempton Illinois?
Considering the weather and electricity costs in Kempton 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:
- Kempton Illinois receives slightly less precipitation compared to the national average, making it a suitable location for solar panels.
- The UV ratings in Kempton Illinois are slightly lower than the national average, but still good for generating solar power.
- Cloud cover in Kempton Illinois is around the national average, with varying percentages throughout the year.
Now, let’s consider the electricity costs:
- Residents in Kempton Illinois pay slightly less for electricity compared to the national average.
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.
- With slightly lower electricity rates in Kempton Illinois, the savings may not be as significant compared to other areas.
After analyzing the data, it appears that it may take around 6-7 years to cover the initial cost of the solar panels in Kempton Illinois. This means that after that period, the money saved on electricity bills will start to compensate for the investment. Additionally, since solar panels have a long lifespan, you can continue enjoying those savings for many years. It’s a wise investment for saving money and contributing to a sustainable future!
Investing in solar power in Kempton Illinois
Installing solar panels in Kempton, Illinois can be a wise financial decision that offers long-term savings. By analyzing the weather trends, such as precipitation, UV ratings, and cloud cover, we can see that Kempton provides favorable conditions for solar energy generation. Additionally, with electricity costs slightly below the national average, investing in solar panels can help residents save money over time. Based on these factors, it is estimated that it may take around 6-7 years to break even on the initial investment in solar panels in Kempton. This means that after this period, the savings on electricity bills will start to outweigh the cost of installation, making it a smart choice for both financial and environmental reasons. Investing in solar energy in Kempton, Illinois can lead to a sustainable future with significant benefits for homeowners.