Overview
In Drummond Wisconsin, investing in solar panels for your home can lead to significant long-term financial benefits. By analyzing weather data and electricity costs specific to the area, we can estimate the cost of a solar system and determine how long it will take to break even. With high levels of sunlight and relatively low cloud cover, Drummond is an ideal location for harnessing solar energy and saving on electricity bills. Read on to learn why installing solar panels is a smart financial decision for Drummond residents.
Drummond Wisconsin Weather Trends
Drummond Precipitation
With Drummond Wisconsin receiving 45.2 inches of precipitation in the last year, it is below the national average of 50.61 inches. Compared to the rest of Wisconsin, Drummond falls above the state average of 40.57 inches. Despite being in the 38th percentile in the nation, Drummond ranks in the 88th percentile within Wisconsin for total precipitation.
Drummond’s UV Rating
Drummond Wisconsin had an average UV rating of 3.11 in the last year, ranking below the national average of 4.29. When compared to the rest of Wisconsin, Drummond falls slightly below the state average of 3.51. The average max UV rating in Drummond was 3.3, placing it in the 14th percentile nationally and within Wisconsin. Investing in solar panels in Drummond can capitalize on the available sunlight.
Drummond’s Cloud Cover
With an average of 57% cloud cover in the last year, Drummond Wisconsin ranks high nationally and within the state. Compared to the national average of 44.46%, Drummond exceeds the cloud cover typical in the country. Despite experiencing various cloud cover percentages throughout the year, Drummond remains a promising location for solar energy due to its high sunlight exposure.
Drummond Wisconsin Electricity Costs
Drummond Wisconsin residents pay about $0.13/kw for electricity, which is lower than the national average of $0.13/kw. In comparison to the rest of Wisconsin, Drummond falls below the state average of $0.14/kw. By investing in solar panels, Drummond residents can further reduce their electricity expenses and increase their financial savings in the long term.
When could you expect to break even on a solar installation in Drummond Wisconsin?
Considering the weather and electricity costs in Drummond Wisconsin, 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:
- Drummond Wisconsin receives slightly less precipitation compared to the national average, making it a good location for solar panels.
- The UV ratings in Drummond Wisconsin are a bit below the national average but are still sufficient for generating solar power.
- Cloud cover in Drummond Wisconsin is slightly higher than the national average, with some variability throughout the year.
Now, let’s consider the electricity costs:
- Residents in Drummond Wisconsin pay the same amount 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 average electricity rates in Drummond Wisconsin, the savings will be consistent over time.
After analyzing the data, it looks like it would take approximately 5 years to cover the initial cost of the solar panels. This means that after 5 years, the savings on electricity bills will start to accumulate and offset the investment. Considering that solar panels have a long lifespan, the savings will continue for many years beyond that initial period. Invest wisely to save money and contribute to a greener environment!
Investing in solar power in Drummond Wisconsin
Investing in solar panels in Drummond, Wisconsin is a wise financial decision for residents of the area. With high levels of sunlight and relatively low cloud cover, Drummond is an ideal location for harnessing solar energy. In addition, the electricity costs in Drummond are lower than the national average, making the investment in solar panels even more beneficial in the long term. By analyzing the weather data and electricity costs specific to Drummond, we can estimate the cost of a solar system and determine how long it will take to break even. With an estimated break-even period of around 5 years, residents can expect to see significant savings on their electricity bills for many years to come. Make the smart choice to invest in solar panels and start saving money while contributing to a greener environment!