Overview
Discover how installing solar panels on your Fairview Heights Illinois home can save you money in the long run. By analyzing weather data, electricity costs, and the cost of a solar system, you’ll see how quickly you can break even on your investment. With plenty of sunshine and potential savings, now is the perfect time to consider going solar.
Fairview Heights Illinois Weather Trends
Fairview Heights Precipitation
With Fairview Heights receiving 52.41 inches of precipitation in the last year, it is above the national average of 50.61 inches. Compared to Illinois, Fairview Heights ranks higher in total precipitation. By harnessing the power of the sun through solar panels, residents can take advantage of this abundant natural resource.
Fairview Heights’s UV Rating
Fairview Heights boasts an average UV rating of 4.49, placing it above both national and state averages. With a higher UV rating, solar panels in Fairview Heights can generate more energy efficiently. By installing solar panels, residents can tap into this renewable energy source and reduce their reliance on non-renewable resources.
Fairview Heights’s Cloud Cover
With an average of 41% cloud cover, Fairview Heights enjoys less cloudiness compared to both the national and state averages. This means more sunshine for solar panels to generate electricity throughout the year. By going solar, residents can maximize their energy production and decrease their carbon footprint.
Fairview Heights Illinois Electricity Costs
Residents of Fairview Heights pay about $0.1/kw for electricity, lower than the national and state averages. By investing in solar panels, homeowners can further reduce their electricity costs and potentially even sell excess energy back to the grid. With lower electricity costs and potential savings, going solar is a financially savvy decision for Fairview Heights residents.
When could you expect to break even on a solar installation in Fairview Heights Illinois?
Considering the weather and electricity costs in Fairview Heights 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:
- Fairview Heights Illinois receives slightly more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Fairview Heights Illinois are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Fairview Heights Illinois is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Fairview Heights 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 need to purchase from the grid.
- With Fairview Heights Illinois’ lower electricity rates, the savings are not as significant compared to other locations.
After running the numbers, it appears that it would take approximately 10 years to cover the initial cost of the solar panels. This means that after 10 years, the money saved on electricity bills will begin to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years beyond the break-even point. Investing in solar panels is not only a smart financial decision but also a sustainable choice for the environment.
Investing in solar power in Fairview Heights Illinois
Installing solar panels in Fairview Heights Illinois is a wise investment that can lead to long-term savings on electricity bills. By tapping into the abundant sunshine and taking advantage of the lower electricity costs in the area, homeowners can expect to break even on their solar installation in approximately 10 years. Not only does going solar make financial sense, but it also helps reduce reliance on non-renewable resources and decrease carbon emissions. With the potential for significant savings and environmental benefits, now is the perfect time for Fairview Heights residents to consider making the switch to solar power.