Overview
Are you a Bolingbrook resident looking to save money on your electric bill? Installing solar panels on your home could be the answer you’ve been looking for! In this article, we will break down the financial benefits of going solar in Bolingbrook, Illinois, using weather data and electricity costs to show you how much you can save over time. With the cost of solar systems becoming more affordable and the potential for significant savings on your energy bills, now is a great time to consider making the switch to solar power.
Bolingbrook Illinois Weather Trends
Bolingbrook Precipitation
With 45.2 inches of precipitation in the last year, Bolingbrook falls just below the national average of 50.61 inches. However, when compared to Illinois’s average of 45.69 inches, Bolingbrook ranks slightly higher. By harnessing the power of solar energy, Bolingbrook residents can take advantage of the ample sunlight without worrying about the impact of precipitation on their energy production.
Bolingbrook’s UV Rating
Boasting an average UV rating of 3.78, Bolingbrook may seem to receive less sunlight compared to the national average of 4.29. However, when considering Illinois’s average of 4.21, Bolingbrook actually receives a decent amount of sunlight. By installing solar panels, residents can capitalize on this UV exposure to generate their own clean and renewable energy efficiently.
Bolingbrook’s Cloud Cover
Despite an average cloud cover of 50%, which is higher than the national and state averages, Bolingbrook still has plenty of sunny days to generate solar power. With a mix of cloud cover throughout the year, residents can still benefit from solar energy even on days with some cloud coverage. By incorporating solar panels, homeowners can reduce their dependence on traditional grid electricity sources and lower their carbon footprint.
Bolingbrook Illinois Electricity Costs
At $0.13/kw, Bolingbrook residents pay slightly more than the national average for electricity. However, when compared to Illinois’s average of $0.12/kw, Bolingbrook’s electricity costs are in line with the state average. By investing in solar panels, residents can reduce their reliance on utility companies, leading to long-term savings on electricity bills while contributing to a cleaner environment for future generations.
When could you expect to break even on a solar installation in Bolingbrook Illinois?
Considering the weather and electricity costs in Bolingbrook, 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:
- Bolingbrook receives slightly less precipitation than the national average, which is ideal for solar panel efficiency.
- The UV ratings in Bolingbrook are slightly lower than the national average, but still good for generating solar power.
- Cloud cover in Bolingbrook is slightly higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Bolingbrook pay the national average for electricity at $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 needed from the grid which means lower electricity bills.
- With the average electricity cost, the savings are considerable over the years.
After crunching the numbers, it looks like it would take around 5-6 years to cover the initial cost of the solar panels. This means, after 5-6 years, the money saved on electricity bills will start to accumulate and pay off the investment. Considering solar panels’ long lifespan, you will continue to enjoy those savings for many years after. It’s a great way to save money and contribute to a greener environment!
Investing in solar power in Bolingbrook Illinois
With the financial benefits of going solar in Bolingbrook, Illinois becoming clearer, now is the perfect time for residents to consider making the switch. By taking advantage of the ample sunlight, despite higher than average cloud cover, Bolingbrook residents can significantly reduce their electricity bills over time. With the break-even point for a solar panel installation estimated at around 5-6 years, the long-term savings and positive environmental impact make investing in solar power a smart choice for Bolingbrook homeowners. Make the switch to solar today and start enjoying the benefits for years to come!