Overview
Living in Nokomis, Illinois, you may be wondering if installing solar panels on your home is worth the investment. By analyzing the local weather data and electricity costs, we can show you the financial benefits of going solar. With the potential to significantly reduce your monthly electricity bill and potentially break even on your investment in just a few years, solar panels offer a smart and sustainable way to save money while helping the environment.
Nokomis Illinois Weather Trends
Nokomis Precipitation
With Nokomis, Illinois receiving 50.31 inches of precipitation in the last year, it is important to note that this puts Nokomis above average compared to the nation and Illinois. The national average for total precipitation is 50.61 inches, slightly higher than what Nokomis experienced. However, Illinois’s average for total precipitation is 45.69 inches, making Nokomis receive more precipitation on average in the state. By installing solar panels, you can take advantage of this higher precipitation level to generate more clean energy for your home.
Nokomis’s UV Rating
With an average UV rating of 4.32 in the last year, Nokomis, Illinois is positioned above average compared to the nation and the state of Illinois. The national average for average UV rating is 4.29, so Nokomis residents experience slightly higher levels of UV radiation. Also, Illinois’s average for average UV rating is 4.21, hinting at the sunnier conditions in Nokomis. With a higher UV rating, solar panels can be more efficient in generating electricity for your home throughout the year.
Nokomis’s Cloud Cover
Despite having an average of 41% cloud cover in the last year, Nokomis, Illinois still falls below the national and state averages in terms of cloudiness. The national average for average cloud cover is 44.46%, while Illinois’s average is 44.03%. This indicates that Nokomis receives more sunlight throughout the year, making it an ideal location for solar panel installation. With more sunny days, you can maximize your solar power production and save even more on your energy bills.
Nokomis Illinois Electricity Costs
Residents in Nokomis, Illinois pay around $0.13/kw for electricity, which is slightly higher than the national average but on par with the state average. The national average for residential electricity is also $0.13/kw, showing that Nokomis is on par with the rest of the country. However, Illinois’s average for residential electricity is $0.12/kw, making Nokomis slightly more expensive. By installing solar panels, you can offset these electricity costs and potentially even generate excess energy to sell back to the grid, leading to significant savings in the long run.
When could you expect to break even on a solar installation in Nokomis Illinois?
Considering the weather and electricity costs in Nokomis, 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:
- Nokomis gets about the same amount of rain as the national average, making it suitable for solar panels.
- The UV ratings in Nokomis are slightly higher than the national average, which is great for generating solar power.
- Cloud cover in Nokomis is lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Nokomis pay the same amount 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, which means we don’t need to buy as much from the grid.
- With Nokomis’ average electricity rates, the savings are consistent.
After performing the calculations, it seems 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 start to accumulate and pay off the investment. Since solar panels last for a long time, you will continue to enjoy those savings for many years to come. It’s a wise way to save money and contribute to environmental sustainability!
Investing in solar power in Nokomis Illinois
Installing solar panels in Nokomis, Illinois can be a smart investment. With above-average precipitation, higher UV ratings, and lower cloud cover compared to national and state averages, Nokomis is an ideal location for harnessing solar energy. Additionally, while the electricity costs in Nokomis are slightly higher than the national average, the potential savings from solar power can lead to a break-even point in approximately 6 years. By going solar, you not only save money on your electricity bills but also contribute to environmental sustainability for years to come.