Overview
This article provides information on the financial benefits of installing solar panels in Benson Illinois. By analyzing weather data and electricity costs over the course of a year, we will show how much money you can save by utilizing solar energy. We will break down the cost of a solar system and estimate how long it will take for you to break even, making the case for why investing in solar panels is a smart decision for residents of Benson Illinois.
Benson Illinois Weather Trends
Benson Precipitation
With Benson Illinois receiving 40.54 inches of precipitation in the last year, it falls below both the national and state averages. This means that Benson has a drier climate compared to the rest of the country and Illinois. By taking advantage of the sunny weather, residents can benefit greatly from utilizing solar panels to generate their electricity.
Benson’s UV Rating
Considering Benson Illinois’s average UV rating of 3.95, it is evident that there is a significant amount of sunlight available for solar energy production. While Benson’s UV rating is slightly lower than the national and state averages, it is still sufficient for effective solar panel utilization. By harnessing this abundant sunlight, residents can reduce their reliance on traditional grid electricity and save money in the long run.
Benson’s Cloud Cover
Despite Benson Illinois having an average cloud cover of 47%, which is higher than the national and state averages, there are still plenty of clear days for optimal solar energy generation. With over 100 days of minimal cloud cover in a year, residents can take advantage of these sunny periods to maximize their solar panel efficiency. Investing in solar panels can help offset the impact of cloudy days on electricity generation.
Benson Illinois Electricity Costs
Residents of Benson Illinois pay about $0.12/kw for electricity, which is on par with the state average and slightly below the national average. By installing solar panels, homeowners can significantly reduce their electricity bills and hedge against future price increases. With the favorable sunlight conditions in Benson, investing in solar energy can lead to substantial long-term savings and a lower carbon footprint.
When could you expect to break even on a solar installation in Benson Illinois?
Considering the weather and electricity costs in Benson, 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:
- Benson receives slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Benson are lower than the national average, but still suitable for generating solar power.
- Cloud cover in Benson is about average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Benson pay slightly less for electricity compared to the national average.
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 needed from the grid.
- With Benson’s lower electricity rates, the savings might take longer to cover the initial cost.
After doing the math, it looks like it could take around 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the money saved on electricity bills will start to add up and eventually pay off the investment. Remember, solar panels have a long lifespan, so you’ll continue to enjoy those savings for many years after that initial period. It’s a wise investment choice that helps both your wallet and the environment!
Investing in solar power in Benson Illinois
Installing solar panels in Benson Illinois can bring significant financial benefits to residents. By taking advantage of the sunny weather and lower electricity costs in Benson, homeowners have the opportunity to save money in the long run. By investing in solar energy, residents can expect to break even on their initial investment in around 7-8 years, with continued savings and environmental benefits for decades to come. Making the switch to solar panels is a smart decision that not only improves financial well-being but also reduces carbon footprint. Overall, the case for investing in solar panels in Benson Illinois is clear, providing a bright future for both residents and the environment.