Overview
Discover the financial benefits of installing solar panels on your Jonesboro, Illinois home with our in-depth analysis of weather data and electricity costs. By examining the average precipitation, UV ratings, cloud cover, and electricity prices over a year, we break down the cost of a solar system and estimate the time it will take to break even. Find out how switching to solar power can save you money in the long run and make a positive impact on both your wallet and the environment.
Jonesboro Illinois Weather Trends
Jonesboro Precipitation
With 59.14 inches of precipitation in the last year, Jonesboro, Illinois is well above the national average of 50.61 inches and even exceeds Illinois’s average of 45.69 inches. By harnessing this abundant natural resource, residents can significantly reduce their reliance on traditional energy sources and lower their utility bills.
Jonesboro’s UV Rating
With an average UV rating of 4.56, Jonesboro, Illinois ranks higher than both the national average of 4.29 and the Illinois average of 4.21. This means that solar panels in Jonesboro will be more efficient in converting sunlight into electricity, allowing homeowners to maximize their energy savings and reduce their carbon footprint.
Jonesboro’s Cloud Cover
With an average of 40% cloud cover, Jonesboro, Illinois experiences less cloud coverage compared to the national average of 44.46% and the Illinois average of 44.03%. This means that solar panels in Jonesboro will receive more sunlight throughout the year, leading to increased energy production and greater cost savings for residents.
Jonesboro Illinois Electricity Costs
Residents in Jonesboro, Illinois pay about $0.1/kw for electricity, which is significantly lower than the national average of $0.13/kw and Illinois’s average of $0.12/kw. By investing in solar panels, homeowners can lock in lower energy costs and protect themselves against future utility rate hikes, ultimately saving money in the long run.
When could you expect to break even on a solar installation in Jonesboro Illinois?
Considering the weather and electricity costs in Jonesboro, 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:
- Jonesboro receives slightly more precipitation than the national average, but it still gets enough sun for solar panels.
- The UV ratings in Jonesboro are above the national average, making it a good location for solar power generation.
- Cloud cover in Jonesboro is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Jonesboro pay less for electricity compared to the national average, which can affect the savings from using solar power.
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 electricity from the grid.
- With lower electricity rates in Jonesboro, the savings may be slightly lower compared to areas with higher rates.
After analyzing the data, it looks like it would take around 6-8 years to cover the initial cost of the solar panels in Jonesboro. This means that after this period, the money saved on electricity bills will start to exceed the initial investment. Additionally, since solar panels last for a long time, residents can continue to enjoy savings for many years after breaking even. Investing in solar panels is not only a smart financial decision but also a sustainable choice for the environment!
Investing in solar power in Jonesboro Illinois
Installing solar panels in Jonesboro, Illinois can be a wise financial and environmental decision. By taking advantage of the area’s higher-than-average UV rating and lower electricity costs, residents can expect to break even on their solar panel investment in approximately 6-8 years. After this initial period, the savings on electricity bills will continue to accumulate, providing long-term financial benefits. Not only does switching to solar power save money, but it also reduces the carbon footprint, making it a sustainable choice for homeowners in Jonesboro.