Overview
In Moro, Illinois, installing solar panels on your home can lead to significant financial savings in the long run. By analyzing weather data and electricity costs specific to Moro, we can show you how much you could potentially save on your electricity bill by making the switch to solar power. With the right information on hand, you can decide whether investing in a solar system is the right choice for your home and your wallet.
Moro Illinois Weather Trends
Moro Precipitation
In the last year, Moro Illinois received 48.43 inches of precipitation, placing it in the 45th percentile in the nation and the 76th percentile in Illinois. Comparing this to the national average of 50.61 inches and Illinois’s average of 45.69 inches, Moro experiences a moderate amount of precipitation. With solar panels, you can make use of sunlight during rainy days to generate electricity and save on your energy bills.
Moro’s UV Rating
Over the last year, Moro Illinois had an average UV rating of 7.71, ranking it in the 100th percentile in the nation and in Illinois. This high UV rating indicates strong sunlight, perfect for utilizing solar panels efficiently. The national average UV rating is only 4.29, while Illinois’s average is slightly higher at 4.21. By harnessing the power of this abundant sunlight, you can significantly reduce your reliance on traditional energy sources.
Moro’s Cloud Cover
With an average of 26% cloud cover over the last year, Moro Illinois ranks in the 5th percentile nationally and the 1st percentile in Illinois. Comparing this to the national average of 44.46% and Illinois’s average of 44.03%, Moro experiences relatively clear skies. This means there are ample sunny days for your solar panels to generate electricity efficiently and help you cut down on your electricity expenses.
Moro Illinois Electricity Costs
Residents in Moro Illinois pay around $0.11 per kilowatt-hour for electricity, placing them in the 43rd percentile nationally and the 15th percentile in Illinois. Compared to the national average of $0.13/kw and Illinois’s average of $0.12/kw, Moro residents already enjoy lower electricity costs. By investing in solar panels, you can further decrease your reliance on the grid and lower your monthly electricity bills even more.
When could you expect to break even on a solar installation in Moro Illinois?
Considering the weather and electricity costs in Moro 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:
- Moro Illinois gets slightly less precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Moro Illinois are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Moro Illinois is lower than the national average, with 192 days having minimal cloud cover, which is great for solar energy production.
Now, let’s consider the electricity costs:
- Residents in Moro Illinois pay slightly less for electricity compared to the national average, which means the savings from solar power may be slightly lower.
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.
- Due to lower electricity costs in Moro Illinois, the savings may take a bit longer to cover the initial investment.
After analyzing the data, it seems that it would take around 7-8 years to cover the initial cost of the solar panels in Moro Illinois. This means that after this period, the savings from lower electricity bills will start to accumulate and eventually pay off the investment. And with solar panels lasting for a long time, the savings will continue for many years to come. It’s a wise financial decision and a step towards a more sustainable future!
Investing in solar power in Moro Illinois
By considering the weather trends and electricity costs in Moro, Illinois, it becomes clear that investing in solar panels can lead to significant financial savings in the long term. With higher UV ratings, lower cloud cover, and relatively lower electricity costs in Moro, residents can expect to break even on their solar installation within 7-8 years. This initial investment will result in years of savings on electricity bills, making it a smart financial decision for homeowners looking to lower their energy expenses and contribute to a more sustainable future.