Overview
In Edwardsville, Illinois, installing solar panels on your home can lead to substantial long-term savings on your electricity bills. By analyzing local weather data and electricity costs, we can show you how a solar system can help you break even on your investment in a reasonable amount of time. Discover the financial benefits of going solar in Edwardsville and start saving money on your energy expenses today.
Edwardsville Illinois Weather Trends
Edwardsville Precipitation
With Edwardsville, Illinois receiving 47.67 inches of precipitation in the last year, it is clear that the city experiences a moderate amount of rainfall. Comparing this data to national and state averages, Edwardsville falls slightly below the national average of 50.61 inches but surpasses Illinois’s average of 45.69 inches. The diverse weather conditions in Edwardsville make it an ideal location for harnessing solar energy.
Edwardsville’s UV Rating
Edwardsville, Illinois boasts an average UV rating of 4.44 in the last year, placing it above the national average of 4.29 and the state average of 4.21. Additionally, Edwardsville’s average max UV rating of 4.84 positions the city ahead of both national and state averages. With abundant sunlight, investing in solar panels in Edwardsville can significantly increase energy production for your home.
Edwardsville’s Cloud Cover
In the last year, Edwardsville, Illinois experienced an average of 41% cloud cover, which is lower than both the national average of 44.46% and the state average of 44.03%. The city also had a substantial number of days with clear skies, making it an optimal location for solar panel installation. With fewer cloudy days, residents can benefit from consistent solar energy production throughout the year.
Edwardsville Illinois Electricity Costs
Edwardsville residents pay approximately $0.11 per kilowatt-hour for electricity, placing the city below the national average of $0.13/kw and slightly below the state average of $0.12/kw. With lower electricity costs and favorable weather conditions, investing in solar panels in Edwardsville can lead to significant long-term savings on your energy bills. Take advantage of these financial benefits and reduce your reliance on traditional energy sources by going solar today.
When could you expect to break even on a solar installation in Edwardsville Illinois?
Considering the weather and electricity costs in Edwardsville, 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:
- Edwardsville gets slightly less rain than the national average, making it a suitable location for solar panels.
- The UV ratings in Edwardsville are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Edwardsville is slightly lower than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Edwardsville 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 need to purchase power from the grid.
- With Edwardsville’s slightly lower electricity rates, the savings are still significant.
After calculating the numbers, it appears that it would take around 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will begin to offset the investment. Plus, since solar panels can last for decades, you’ll continue to benefit from these savings for many years beyond that initial period. Investing in solar energy is not only a wise financial decision but also a way to contribute to a greener environment.
Investing in solar power in Edwardsville Illinois
Clearly, installing solar panels in Edwardsville, Illinois can offer significant long-term savings on electricity bills due to the favorable weather conditions and lower electricity costs in the city. With abundant sunlight, lower than average precipitation, and minimal cloud cover, Edwardsville provides an ideal environment for harnessing solar energy. By investing in a solar system, residents can expect to break even on their initial investment in approximately 6 years, after which they will continue to benefit from substantial savings for many more years. Embracing solar energy not only makes financial sense but also helps reduce reliance on traditional energy sources, making it a win-win decision for both homeowners and the environment.