Overview
If you’re looking to save money on your electricity bill, installing solar panels on your home in Cordova, Illinois could be a smart choice. By analyzing weather data such as precipitation, UV ratings, and cloud cover over the course of a year, we can estimate the potential energy production of a solar system in your area. With the cost of electricity factored in, we can also calculate how long it would take for your investment in solar panels to pay off. Keep reading to discover the financial benefits of going solar in Cordova.
Cordova Illinois Weather Trends
Cordova Precipitation
With Cordova, Illinois receiving 90.82 inches of precipitation in the last year, it surpasses both the national and state averages, placing it in the 99th percentile in the nation and Illinois. This abundance of rain can be beneficial for solar panel efficiency, as clean panels are more productive. Taking advantage of the ample precipitation by investing in solar panels can help save you money on your electricity bill and reduce your environmental impact.
Cordova’s UV Rating
Cordova, Illinois boasts an average UV rating of 6.38, exceeding both the national and state averages, placing it in the 98th percentile in the nation and Illinois. This high UV rating means ample sunlight for your solar panels to generate electricity efficiently. Harnessing this strong UV exposure through solar panels can help you save money in the long run and contribute to a cleaner environment for all residents of Cordova.
Cordova’s Cloud Cover
With an average of 52% cloud cover in the last year, Cordova, Illinois outperforms both the national and state averages, ranking in the 81st percentile in the nation and the 97th percentile in Illinois. The consistent sunlight with relatively low cloud cover creates ideal conditions for solar energy production. By capitalizing on these favorable conditions, investing in solar panels can significantly reduce your reliance on traditional energy sources while cutting your electricity costs.
Cordova Illinois Electricity Costs
Cordova residents pay about $0.11/kw for electricity, which is lower than both the national and state averages, positioning it in the 42nd percentile in the nation and the 13th percentile in Illinois. By installing solar panels, you can generate your electricity, reducing or even eliminating your reliance on the grid. With lower electricity costs compared to the national and state averages, switching to solar power can offer substantial long-term savings and contribute to a greener future.
When could you expect to break even on a solar installation in Cordova Illinois?
Considering the weather and electricity costs in Cordova 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:
- Cordova Illinois receives more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Cordova Illinois are higher than the national average, providing a good environment for generating solar power.
- Cloud cover in Cordova Illinois is slightly higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Cordova Illinois 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 to be purchased from the grid.
- As Cordova Illinois has slightly lower electricity rates, the savings may not be as significant as in other areas.
After doing the calculations, it seems like it would take around 7 to 8 years to cover the initial cost of the solar panels. That means, after 7 to 8 years, the money saved on electricity bills will begin to accumulate and pay off the investment. Remember, solar panels have a long lifespan, so after that initial period, you’ll benefit from those savings for many years. It’s a wise way to save money and contribute to a greener environment!
Investing in solar power in Cordova Illinois
Installing solar panels in Cordova, Illinois can provide significant financial benefits by taking advantage of the abundant sunlight, high UV ratings, and lower electricity costs in the area. With the weather conditions and costs analyzed, it is estimated that it would take around 7 to 8 years to break even on the investment in solar panels. After that initial period, the savings on electricity bills will continue to accumulate for many years, making it a smart choice for those looking to save money and reduce their environmental impact in the long run.