Overview
Learn how installing solar panels on your home in Collinsville, Illinois can save you money on your electricity bill. By analyzing weather data such as inches of precipitation, average UV ratings, and cloud cover, we can estimate the cost of a solar system and how long it will take to break even. Discover the financial benefits of going solar and how it can provide long-term savings for your household.
Collinsville Illinois Weather Trends
Collinsville Precipitation
With Collinsville receiving 53.43 inches of precipitation in the last year, it falls above the national average of 50.61 inches and well above the Illinois average of 45.69 inches. Installing solar panels in Collinsville can harness this abundant rainfall for energy production, leading to potential savings on your electricity bill in the long run.
Collinsville’s UV Rating
Collinsville’s average UV rating of 4.46 in the last year places it above both the national and Illinois averages. The higher UV rating means that solar panels in Collinsville can efficiently convert sunlight into electricity, making them a smart investment for your home to reduce dependence on traditional power sources and decrease utility costs over time.
Collinsville’s Cloud Cover
Despite an average of 41% cloud cover in Collinsville, which is lower than both the national and Illinois averages, solar panels can still be a viable option for your home. With a substantial number of days having lower cloud cover percentages, solar panels can generate significant energy during those periods, allowing you to reap the benefits of clean and renewable power.
Collinsville Illinois Electricity Costs
Residents in Collinsville pay about $0.1/kw for electricity, which is lower than both the national average of $0.13/kw and the Illinois average of $0.12/kw. By installing solar panels on your home, you can take advantage of the lower electricity costs in Collinsville and further reduce your energy expenses while contributing to a greener environment for future generations.
When could you expect to break even on a solar installation in Collinsville Illinois?
Considering the weather and electricity costs in Collinsville, 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:
- Collinsville receives slightly more precipitation than the national average, but it still has enough sunlight for effective solar panel use.
- The UV ratings in Collinsville are higher than the national average, which is great for generating solar power.
- Cloud cover in Collinsville is lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Collinsville pay a bit 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 need to buy as much from the grid.
- With Collinsville’s lower electricity rates, the savings will still add up over time.
After analyzing the numbers, it appears that 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 offset the investment. Additionally, considering that solar panels last for a long time, you can enjoy those savings for many years beyond the initial pay-off period. Investing in solar panels is both a financially smart decision and an environmentally conscious one!
Investing in solar power in Collinsville Illinois
Installing solar panels on your home in Collinsville, Illinois can be a wise financial decision. By taking advantage of the abundant rainfall, high UV ratings, and lower cloud cover in Collinsville, solar panels can effectively generate electricity and lead to savings on your electricity bill over time. With residents in Collinsville already paying less for electricity compared to the national average, the investment in solar panels can be recovered in approximately 5-6 years. This means that not only will you be saving money on your energy expenses, but you will also be contributing to a greener environment for future generations. Consider going solar and reap the long-term benefits for your household!