Overview
Living in Stonefort, Illinois, one may not realize the financial benefits of installing solar panels on their home. By looking at weather data and electricity costs specific to this area, we can show how much money can be saved over time. With the average electricity cost and amount of sunlight this area receives, investing in a solar system can lead to significant savings in the long run. Let’s take a closer look at the numbers and see how installing solar panels can help you break even sooner than you may think.
Stonefort Illinois Weather Trends
Stonefort Precipitation
In the last year, Stonefort Illinois received 52.57 inches of precipitation, placing it in the 53rd percentile in the nation and the 84th percentile in Illinois. Comparatively, the national average for total precipitation is 50.61 inches, while Illinois’s average is 45.69 inches. With abundant rainfall, Stonefort has the perfect conditions for maximizing the benefits of solar energy.
Stonefort’s UV Rating
Stonefort Illinois had an average UV rating of 4.57 in the last year, ranking it in the 66th percentile in the nation and the 90th percentile in Illinois. The national average for average UV rating is 4.29, while Illinois’s average is 4.21. Additionally, Stonefort had an average max UV rating of 4.92, placing it in the 55th percentile in the nation and the 80th percentile in Illinois. With ample sunlight, installing solar panels in Stonefort is a wise decision for capturing renewable energy.
Stonefort’s Cloud Cover
Stonefort Illinois had an average of 40% cloud cover in the last year, making it in the 28th percentile in the nation and the 10th percentile in Illinois. Comparatively, the national average for average cloud cover is 44.46% and Illinois’s average is 44.03%. With 140 days of clear skies with between 0% and 25% cloud cover, Stonefort offers plenty of sunshine for solar panels to generate electricity efficiently.
Stonefort Illinois Electricity Costs
Stonefort residents pay about $0.12/kw for electricity, positioning the town in the 45th percentile in the nation and the 18th percentile in Illinois. The national average for residential electricity is $0.13/kw, and Illinois’s average is $0.12/kw. With competitive electricity costs and the potential for significant savings through solar energy, investing in solar panels can lead to long-term financial benefits for Stonefort residents.
When could you expect to break even on a solar installation in Stonefort Illinois?
Considering the weather and electricity costs in Stonefort 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:
- Stonefort Illinois received slightly more precipitation than the national average, but it still has a good amount of sunshine for solar panels to be effective.
- The UV ratings in Stonefort Illinois are slightly above the national average, making it a suitable location for generating solar power.
- Cloud cover in Stonefort Illinois is slightly below the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Stonefort Illinois residents pay slightly less for electricity compared to the national average, at $0.12/kw.
With this information, let’s break down the costs:
- A standard solar installation of a 10kW system costs $20,000.
- This system is expected to last between 25 and 30 years.
To calculate how long it would take to break even on this investment, we need to determine the annual savings from using solar power:
- By generating electricity with solar panels, the amount purchased from the grid decreases, resulting in savings.
- Stonefort Illinois’ lower electricity costs contribute to higher savings with a solar system.
After the calculations, it appears that it would take approximately 6-7 years to cover the initial cost of the solar panels. This means that after 6-7 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Additionally, considering the long lifespan of solar panels, these savings will continue for many years beyond the break-even point. Investing in solar power is a wise way to save money and contribute to a greener future!
Investing in solar power in Stonefort Illinois
Considering the weather conditions in Stonefort, Illinois, and the electricity costs in the area, it is evident that investing in solar panels can lead to significant long-term savings. With ample sunlight, lower electricity costs, and the potential to break even in 6-7 years, installing solar panels is a financially wise decision for residents of Stonefort. Not only does this investment offer immediate benefits in terms of reduced electricity bills, but it also contributes to a sustainable and eco-friendly future. With the potential for continued savings over the lifespan of the solar panels, embracing solar energy in Stonefort is a smart choice for both the wallet and the environment.