Overview
In Shannon, Illinois, installing solar panels on your home can lead to significant financial benefits. By analyzing weather data and electricity costs specific to Shannon, we can show you how much money you could save with a solar system. We will break down the costs of installation and estimate how long it will take for you to break even on your investment. With the favorable weather conditions and electricity rates in Shannon, going solar could be a wise financial decision for you and your family.
Shannon Illinois Weather Trends
Shannon Precipitation
With an average of 35.75 inches of precipitation per year, Shannon, Illinois falls below the national average of 50.61 inches. Compared to the rest of Illinois, Shannon ranks in the 3rd percentile, indicating lower precipitation levels. By harnessing the power of solar panels, you can take advantage of Shannon’s moderate rainfall to generate clean energy for your home.
Shannon’s UV Rating
Shannon’s average UV rating of 3.86 places it slightly below the national average of 4.29. In comparison to the rest of Illinois, Shannon ranks in the 19th percentile for UV rating. By installing solar panels, you can make the most of Shannon’s sunlight exposure and generate renewable energy to reduce your reliance on non-renewable sources.
Shannon’s Cloud Cover
Shannon, Illinois experiences an average cloud cover of 45%, which is slightly higher than the national average of 44.46%. With 110 days of clear skies and 80 days of heavy cloud cover, Shannon offers a good balance for solar panel efficiency. By going solar, you can maximize energy production during sunny days while still maintaining output during cloudy periods.
Shannon Illinois Electricity Costs
Residents of Shannon pay about $0.13/kw for electricity, which is in line with the national average. Compared to the rest of Illinois, Shannon’s electricity costs are slightly higher at $0.13/kw. By switching to solar power, you can reduce your dependence on traditional energy sources and lock in lower long-term energy costs, ultimately saving money on your monthly bills.
When could you expect to break even on a solar installation in Shannon Illinois?
Considering the weather and electricity costs in Shannon, 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:
- Shannon receives less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Shannon are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Shannon is close to the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Shannon residents 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 from the grid.
- With the average electricity costs in Shannon, the savings are significant.
After running the numbers, it seems like it would take around 6-7 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will begin to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many more years. Investing in solar panels is a wise decision to save money and contribute to a cleaner environment!
Investing in solar power in Shannon Illinois
With favorable weather conditions, moderate precipitation, and decent sunlight exposure, Shannon, Illinois is a great location for harnessing solar energy. By considering the electricity costs in the area, it is evident that investing in solar panels can lead to significant financial benefits over time. With an estimated break-even period of 6-7 years, the long-term savings on electricity bills make solar panel installation a worthwhile investment for residents of Shannon. Not only will you save money, but you will also be contributing to a cleaner and more sustainable environment. Make the switch to solar power and start reaping the benefits today!