Overview
Are you tired of high electricity bills eating away at your budget every month? If you live in Collison Illinois, installing solar panels on your home could be the answer to saving money in the long run. By analyzing weather data and electricity costs specific to Collison, we can show you how much you can save by harnessing the power of the sun. With a breakdown of the initial cost of a solar system and an estimate of how quickly you can break even, you’ll see that investing in solar energy is not only good for the environment but also for your wallet.
Collison Illinois Weather Trends
Collison Precipitation
In the last year, Collison Illinois received 38.97 inches of precipitation, placing it in the 25th percentile in the nation and the 12th percentile in Illinois. Compared to the national average of 50.61 inches and Illinois’s average of 45.69 inches, Collison receives less rainfall, making it an ideal location for solar energy production.
Collison’s UV Rating
With an average UV rating of 4.06, Collison Illinois ranks in the 48th percentile in the nation and the 43rd percentile in Illinois. Although it may not receive intense sunlight all year round, the UV rating in Collison is still conducive to solar energy production. Additionally, the average max UV rating of 4.38 suggests ample potential for harnessing solar power efficiently.
Collison’s Cloud Cover
Collison Illinois experiences an average cloud cover of 45%, placing it in the 56th percentile in the nation and the 67th percentile in Illinois. With a higher percentage of cloud cover compared to the national and state averages, Collison’s weather conditions are favorable for consistent solar energy generation throughout the year.
Collison Illinois Electricity Costs
Residents of Collison pay about $0.12/kw for electricity, positioning them in the 54th percentile in the nation and the 28th percentile in Illinois. While Illinois’s average for residential electricity is $0.12/kw, the national average is slightly higher at $0.13/kw. By investing in solar panels, Collison residents can significantly reduce their electricity bills and take control of their energy costs.
When could you expect to break even on a solar installation in Collison Illinois?
Considering the weather and electricity costs in Collison 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:
- Collison Illinois gets slightly less precipitation than the national average, which is good for solar panel efficiency.
- The UV ratings in Collison Illinois are slightly lower than the national average, but still effective for generating solar power.
- Cloud cover in Collison Illinois is about average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Collison 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 and saving money on electricity bills.
- With Collison Illinois’ electricity rates, the savings can add up over time.
After crunching the numbers, it looks like it would take around 5-7 years to cover the initial cost of the solar panels. That means, after 5-7 years, the money saved on electricity bills will begin to offset the investment. And remember, solar panels have a long lifespan, so you’ll continue to save money for many years after that initial period. It’s a smart investment that pays off in the long run!
Investing in solar power in Collison Illinois
By analyzing the weather trends and electricity costs specific to Collison Illinois, it is clear that investing in solar panels is a wise choice for residents looking to save money in the long term. With lower precipitation levels, favorable UV ratings, and ample cloud cover for consistent solar energy generation, Collison’s weather conditions are ideal for harnessing the power of the sun. In addition, residents paying slightly below the national average for electricity can expect significant savings by utilizing solar power. With an estimated 5-7 years to break even on the initial investment, it’s evident that solar panels not only benefit the environment but also provide substantial financial savings for Collison residents. Consider making the switch to solar energy and start enjoying the benefits that come with it!