Overview
In McLean Illinois, installing solar panels on your home can lead to substantial financial savings over time. By analyzing local weather data and electricity costs, we can show you how a solar system can help you break even on your investment sooner than you might think. Let us break down the numbers for you and demonstrate why going solar is a smart decision for your wallet.
Mc Lean Illinois Weather Trends
Mc Lean Precipitation
With 44.16 inches of precipitation in the last year, Mc Lean Illinois is in the 36th percentile in the nation and the 53rd percentile in Illinois. While the national average is 50.61 inches, Illinois averages 45.69 inches. Having lower precipitation rates can actually benefit solar panel efficiency, as less rain means more sunlight for your panels to absorb.
Mc Lean’s UV Rating
Mc Lean Illinois had an average UV rating of 4.17, putting it in the 53rd percentile in the nation and the 56th percentile in Illinois. National averages are slightly higher at 4.29, with Illinois averaging 4.21. A higher UV rating means more solar energy is available for your panels to convert into electricity, making it a great location for solar power generation.
Mc Lean’s Cloud Cover
With an average of 43% cloud cover in the last year, Mc Lean falls in the middle range nationally and slightly below the state average. The varying percentages of cloud cover throughout the year suggest that there are plenty of sunny days for your solar panels to capture energy efficiently. More sunlight means your solar system will be more productive and cost-effective in the long run.
Mc Lean Illinois Electricity Costs
Mc Lean residents pay about $0.12/kw for electricity, placing them in the 44th percentile nationally and the 17th percentile in Illinois. The national average is slightly higher at $0.13/kw, while Illinois matches Mc Lean’s average. With lower electricity costs, installing solar panels becomes even more attractive as a way to save money on your energy bills over time.
When could you expect to break even on a solar installation in Mc Lean Illinois?
Considering the weather and electricity costs in McLean, 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:
- McLean receives slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in McLean are close to the national average, making it a suitable place for generating solar power.
- The cloud cover in McLean is slightly lower than the national average, with some variability throughout the year.
Now, let’s consider the electricity costs:
- Residents in McLean pay slightly less for electricity compared to the national average, which is beneficial when using 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.
- With McLean’s lower electricity rates, the savings may be slightly slower but still significant.
After crunching the numbers, it looks like it would take around 6-7 years to cover the initial cost of the solar panels. This means that after 6-7 years, the savings on electricity bills will begin to accumulate and pay off the investment. Furthermore, considering solar panels’ long lifespan, you’ll enjoy these savings for many more years to come. Investing in solar energy is not only a smart financial choice but also an environmentally friendly one!
Investing in solar power in Mc Lean Illinois
Installing solar panels in McLean, Illinois can lead to significant financial savings over time. By analyzing the local weather data and electricity costs, it is clear that investing in solar power is a smart decision for your wallet. With lower precipitation rates, a decent UV rating, and manageable cloud cover, McLean provides a suitable environment for solar panel efficiency. Additionally, with electricity costs lower than the national average, the opportunity for savings on energy bills is even greater. Based on the calculations, it would take around 6-7 years to break even on the initial cost of solar panel installation in McLean, after which the savings will continue to accumulate. Overall, choosing solar energy is not only a wise financial choice but also a sustainable and environmentally friendly one for the community.