Overview
Are you looking to save money on your electricity bills while also helping the environment? In this article, we will explore the financial benefits of installing solar panels on your home in Tamms, Illinois. By analyzing weather data and electricity costs specific to the area, we will show you how much you can potentially save each year. Additionally, we will break down the cost of installing a solar system and estimate how long it will take for you to break even on your investment. So if you’re interested in reducing your energy expenses and making a positive impact on the planet, keep reading to see why going solar might be the right choice for you.
Tamms Illinois Weather Trends
Tamms Precipitation
In the last year, Tamms Illinois received 51.43 inches of precipitation, which is higher than both the national average of 50.61 inches and Illinois’s average of 45.69 inches. With Tamms ranking in the 51st percentile nationwide and the 81st percentile within Illinois, the ample rainfall can help generate significant energy through solar panels, making it a lucrative investment for residents.
Tamms’s UV Rating
With an average UV rating of 4.7, Tamms Illinois surpasses both the national average of 4.29 and Illinois’s average of 4.21. Ranking in the 70th percentile nationally and the 95th percentile locally, the strong UV rays in Tamms provide ideal conditions for solar panel efficiency, ensuring maximum energy production throughout the year and yielding substantial savings on electricity bills.
Tamms’s Cloud Cover
Having an average of 39% cloud cover in the last year, Tamms Illinois boasts lower cloud coverage compared to the national average of 44.46% and Illinois’s average of 44.03%. With a higher number of clear-sky days, residents can take advantage of increased sunlight exposure for their solar panels, leading to higher energy production and greater financial benefits over time.
Tamms Illinois Electricity Costs
Residents of Tamms pay about $0.1/kw for electricity, which is below both the national average of $0.13/kw and Illinois’s average of $0.12/kw. Ranking in the 6th percentile nationally and the 4th percentile within Illinois, installing solar panels offers an attractive opportunity for considerable long-term savings on energy costs, making it a wise financial decision for homeowners in Tamms.
When could you expect to break even on a solar installation in Tamms Illinois?
Considering the weather and electricity costs in Tamms, 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:
- Tamms receives slightly more precipitation than the national average, but still has enough sunlight for effective solar panel operation.
- The UV ratings in Tamms are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Tamms is lower than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Tamms pay lower than the national average for electricity, making it a cost-effective location for 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 as much from the grid.
- With Tamms’ lower electricity rates, the savings from solar power are significant.
After analyzing the data, it appears that it would take around 4 years to cover the initial cost of the solar panels in Tamms, Illinois. This means that after 4 years, the savings on electricity bills will begin to accumulate and pay off the investment. Additionally, with solar panels lasting up to 30 years, the long-term savings and benefits of solar energy make it a smart financial and environmental decision for residents of Tamms.
Investing in solar power in Tamms Illinois
Considering the weather data and electricity costs in Tamms, Illinois, installing solar panels seems to be a wise financial decision for residents. With ample sunlight, lower cloud coverage, and affordable electricity rates, homeowners can expect to break even on their solar panel investment in about 4 years. Not only will this lead to significant savings on electricity bills over the system’s 25 to 30-year lifespan, but it will also contribute to a cleaner, more sustainable environment. Making the switch to solar power in Tamms can benefit both your wallet and the planet in the long run.