Overview
If you are a homeowner in Oregon, Illinois, you may be surprised to learn that installing solar panels on your property can lead to significant financial savings over time. By analyzing weather data and electricity costs specific to Oregon, we can estimate how long it will take for you to break even on your investment in solar energy. With the average cost of electricity in Oregon and the ample sunlight the area receives, switching to solar power can result in substantial long-term savings on your monthly energy bills. Let’s explore the benefits of solar energy for Oregon residents in more detail.
Oregon Illinois Weather Trends
Oregon Precipitation
With Oregon, Illinois receiving only 39.37 inches of precipitation in the last year, the area is in the 26th percentile in the nation and the 13th percentile in Illinois. In comparison, the national average for total precipitation is 50.61 inches, and Illinois’s average is 45.69 inches. This lower level of precipitation means that solar panels in Oregon will not be frequently obstructed by rain, allowing for more consistent energy production.
Oregon’s UV Rating
With an average UV rating of 3.89 in the last year, Oregon, Illinois ranks in the 40th percentile in the nation and the 23rd percentile in Illinois. In comparison, the national average for average UV rating is 4.29, and Illinois’s average is 4.21. Additionally, Oregon had an average max UV rating of 4.21, placing it in the 38th percentile nationally and the 29th percentile in Illinois. These UV ratings indicate that Oregon receives ample sunlight, making it an ideal location for solar panel installation.
Oregon’s Cloud Cover
With an average of 46% cloud cover in the last year, Oregon, Illinois is in the 58th percentile in the nation and the 71st percentile in Illinois. In comparison, the national average for average cloud cover is 44.46%, while Illinois’s average is 44.03%. Oregon had a distribution of cloud cover days, with 109 days having between 0% and 25% cloud cover, 109 days with between 25% and 50% cloud cover, 64 days with between 50% and 75% cloud cover, and 82 days with between 75% and 100% cloud cover. This cloud cover data indicates that Oregon experiences consistent sunny days, optimal for solar energy production.
Oregon Illinois Electricity Costs
Oregon, Illinois residents pay about $0.13/kw for electricity, placing them in the 77th percentile nationally and the 71st percentile in Illinois. In comparison, the national average for residential electricity is also $0.13/kw, while Illinois’s average is slightly lower at $0.12/kw. By taking advantage of the abundant sunlight and relatively affordable electricity rates, homeowners in Oregon can expect significant long-term savings on their energy bills by switching to solar power.
When could you expect to break even on a solar installation in Oregon Illinois?
Considering the weather and electricity costs in Oregon, 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:
- Oregon gets less precipitation compared to the national average, making it a suitable location for solar panels.
- The UV ratings in Oregon are slightly lower than the national average, but still sufficient for generating solar power.
- The cloud cover in Oregon is around the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Oregon pay the national average for electricity costs.
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 need to buy as much from the grid.
- With Oregon’s average electricity rates, the savings are steady over time.
After analyzing the data, it seems that it would take around 5 to 6 years to cover the initial cost of the solar panels. This means that after 5 to 6 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, you’ll continue to enjoy those savings for many years to come. Investing in solar panels is a wise choice for saving money and contributing to a cleaner environment.
Investing in solar power in Oregon Illinois
Installing solar panels in Oregon, Illinois can lead to significant long-term financial savings for homeowners. With lower precipitation levels, ample sunlight, and consistent sunny days, Oregon is an ideal location for solar panel installation. Coupled with relatively affordable electricity costs, residents can expect to break even on their investment in solar energy within 5 to 6 years. This initial investment will pay off over time, allowing homeowners to enjoy savings on their energy bills for many years while also contributing to a cleaner environment. Considering the data, switching to solar power in Oregon is a smart choice for both financial and environmental reasons.