Overview
Are you looking to save money on your electricity bills while also helping the environment? In this article, we will show you how installing solar panels on your home in Assumption Illinois can lead to significant financial benefits. By analyzing weather data and electricity costs specific to Assumption, we will demonstrate how a solar system can save you money in the long run, breaking down the costs and estimating the time it will take to break even on your investment. With the sunny days and low cloud cover in Assumption, solar panels are a great investment for residents looking to save money and reduce their carbon footprint.
Assumption Illinois Weather Trends
Assumption Precipitation
With Assumption Illinois receiving 48 inches of precipitation in the last year, it is clear that the area experiences a moderate amount of rainfall. However, this puts Assumption below the national average of 50.61 inches and slightly above the Illinois average of 45.69 inches. Despite not being the wettest location, the amount of precipitation still allows for effective solar panel operation. Additionally, considering the national and state averages, Assumption’s precipitation levels are relatively favorable for solar energy production.
Assumption’s UV Rating
Assumption Illinois has an average UV rating of 4.21, indicating the region receives a good amount of sunlight throughout the year. This places Assumption in the upper half both nationally and within Illinois. With an average max UV rating of 4.59, residents can expect strong sunlight, ideal for generating solar power. Compared to the national and state averages, Assumption’s UV ratings are quite competitive, making it a prime location for solar panel installation.
Assumption’s Cloud Cover
Assumption Illinois experiences an average cloud cover of 45%, offering residents a substantial amount of sunny days for solar energy production. This level of cloud cover places Assumption above the national average of 44.46% and slightly higher than the Illinois average of 44.03%. With a significant number of days with clear skies, residents can rely on consistent sunlight for efficient solar panel performance. The distribution of cloud cover days also indicates favorable conditions for solar energy generation.
Assumption Illinois Electricity Costs
Residents of Assumption Illinois pay about $0.13/kw for electricity, positioning the area within the upper percentiles nationally and above the state average. While the cost of electricity is aligned with the national average, it is slightly higher than the Illinois average of $0.12/kw. By installing solar panels, residents can offset these electricity costs and potentially save a significant amount of money over time. With competitive electricity rates, investing in solar power in Assumption is a financially wise decision.
When could you expect to break even on a solar installation in Assumption Illinois?
Considering the weather and electricity costs in Assumption, 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:
- Assumption, Illinois receives slightly less precipitation than the national average, which is good for solar panels.
- The UV ratings in Assumption are also slightly below the national average, but still effective for generating solar power.
- Cloud cover in Assumption is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Assumption pay the national average for electricity, which is $0.13/kw.
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.
- Given Assumption’s electricity costs, the savings from using solar would be significant.
After calculating the numbers, it appears that it would take approximately 5 years to cover the initial cost of the solar panels. This means that after 5 years, the savings on electricity bills will begin to offset the investment. Additionally, since solar panels last for 25 to 30 years, the savings will continue for many years after the initial payback period. Investing in solar power not only helps save money but also contributes to a greener environment in the long run.
Investing in solar power in Assumption Illinois
Installing solar panels in Assumption, Illinois presents a great opportunity for residents to save money on electricity bills and reduce their carbon footprint. With favorable weather conditions, including moderate precipitation, good UV ratings, and low cloud cover, solar panels in Assumption can efficiently generate power. Additionally, the competitive electricity rates in the area make investing in solar energy a wise financial decision. By breaking down the costs and estimating the time it would take to break even on the investment, it is clear that solar panels are a beneficial investment for residents in Assumption, Illinois.