Overview
Are you a Beardstown resident looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been searching for. By analyzing the weather data specific to Beardstown Illinois, along with the basic electricity cost, we will break down the cost of a solar system and estimate how long it will take for you to break even. With the financial benefits of solar energy, you can start saving money and reduce your carbon footprint at the same time.
Beardstown Illinois Weather Trends
Beardstown Precipitation
With Beardstown receiving 41.71 inches of precipitation in the last year, this puts the city slightly below the national and state averages. By harnessing the power of solar panels, you can make use of the sunlight even during rainy days, ensuring your energy production remains consistent throughout the year.
Beardstown’s UV Rating
Beardstown’s average UV rating of 4.24 places it above the national average and on par with other areas in Illinois. This means that Beardstown residents have ample sunlight to generate solar energy. With the right solar panel system, you can take advantage of this abundant resource and save on your electricity bills.
Beardstown’s Cloud Cover
Despite having an average cloud cover of 44%, Beardstown still has plenty of clear days to generate solar power effectively. With over 120 days of minimal cloud cover, there are ample opportunities to maximize your solar panel efficiency and reduce your reliance on traditional energy sources.
Beardstown Illinois Electricity Costs
Beardstown residents pay about $0.13/kw for electricity, which is slightly above the state average. By installing solar panels, you can lower your electricity costs significantly over time. With the financial benefits of solar energy, you can enjoy long-term savings while also contributing to a cleaner environment.
When could you expect to break even on a solar installation in Beardstown Illinois?
Considering the weather and electricity costs in Beardstown 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:
- Beardstown Illinois receives slightly less precipitation than the national average, with a good amount of sun for effective solar panel operation.
- The UV ratings in Beardstown Illinois are slightly below the national average but still suitable for generating solar power.
- Cloud cover in Beardstown Illinois is around the national average, varying throughout the year.
Now, let’s consider the electricity costs:
- Residents in Beardstown Illinois 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 amount that needs to be purchased from the grid.
- With the national average electricity rates, the savings are reasonable but not excessive.
After analyzing the data, it appears that it would take approximately 8 years to recoup the initial cost of the solar panels. This means that after 8 years, the money saved on electricity bills will start to make up for the investment. Since solar panels have a lifespan of 25 to 30 years, you’ll benefit from these savings for many years to come. It’s a wise investment for saving money and supporting sustainable energy practices!
Investing in solar power in Beardstown Illinois
Installing solar panels in Beardstown, Illinois can be a smart financial decision for residents looking to save money on electricity bills. By taking advantage of the city’s weather trends and above-average UV rating, homeowners can benefit from consistent energy production and long-term savings. Despite slightly higher electricity costs in Beardstown, the potential for breaking even on a solar panel system within 8 years makes it a worthwhile investment. Not only will you save money, but you’ll also reduce your carbon footprint and contribute to a cleaner environment. With the financial benefits and environmental impact of solar energy, switching to solar power in Beardstown is a win-win solution.