Overview
If you’re a Fieldon Illinois resident looking to save money on your electricity bills, installing solar panels on your home could be a smart investment. By analyzing weather data specific to Fieldon, we can show you how much you can benefit from harnessing the sun’s energy. With the average cost of electricity in Illinois and the cost of a solar system, we can estimate how long it will take for you to break even on your investment. Learn how going solar can help you save money in the long run.
Fieldon Illinois Weather Trends
Fieldon Precipitation
With Fieldon Illinois receiving 44.76 inches of precipitation in the last year, the area is in the 37th percentile in the nation and the 59th percentile in Illinois. Comparing this to the national average of 50.61 inches and Illinois’s average of 45.69 inches, Fieldon sees slightly less rainfall. Embracing solar energy can help residents take advantage of the abundant sunshine in the area, even with slightly lower precipitation levels.
Fieldon’s UV Rating
Fieldon Illinois had an average UV rating of 4.38 in the last year, placing it in the 61st percentile in the nation and the 75th percentile in Illinois. When compared to the national average of 4.29 and Illinois’s average of 4.21, Fieldon enjoys higher UV levels. This means that residents have ample sunlight to harness for solar energy systems, making it a great location for investing in solar panels to save on electricity costs.
Fieldon’s Cloud Cover
In the last year, Fieldon Illinois had an average cloud cover of 41%, ranking it in the 31st percentile in the nation and the 16th percentile in Illinois. Compared to the national average of 44.46% and Illinois’s average of 44.03%, Fieldon sees fewer cloudy days. This means there are more sunny days for solar panels to efficiently generate electricity, making it a prime location for harnessing solar energy to reduce dependence on non-renewable resources.
Fieldon Illinois Electricity Costs
Fieldon Illinois residents pay approximately $0.1/kw for electricity, positioning the area in the 6th percentile in the nation and the 4th percentile in Illinois. In comparison, the national average for residential electricity is $0.13/kw and Illinois’s average is $0.12/kw. With lower electricity costs in Fieldon, investing in solar panels can lead to substantial long-term savings on energy bills, making it a financially savvy decision for residents.
When could you expect to break even on a solar installation in Fieldon Illinois?
Considering the weather and electricity costs in Fieldon 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:
- Fieldon Illinois receives slightly less precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Fieldon Illinois are slightly above the national average, making it a good location for generating solar power.
- The cloud cover in Fieldon Illinois is slightly below the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Fieldon Illinois pay less for electricity compared to the national average, which can affect the savings from using solar power.
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 purchased from the grid and saving money on electricity bills.
- With lower electricity rates in Fieldon Illinois, the savings may not be as significant as in other regions, but they still add up over time.
After analyzing the data, it seems that it might take around 8-10 years to cover the initial cost of the solar panels in Fieldon Illinois. This means that after that initial period, the savings on electricity bills will start to accumulate and pay off the investment. Since solar panels have a long lifespan, you can enjoy these savings for many years to come, making it a wise financial and environmentally friendly choice.
Investing in solar power in Fieldon Illinois
Investing in solar panels in Fieldon Illinois can be a cost-effective decision for residents looking to save money on electricity bills. With ample sunlight and lower than average precipitation and cloud cover, Fieldon is a prime location for harnessing solar energy. Coupled with the relatively low electricity costs in the area, residents can expect to break even on their investment in solar panels within around 8-10 years. After this initial period, the savings on electricity bills will continue to accumulate, providing long-term financial benefits. By going solar, residents in Fieldon can not only reduce their dependence on non-renewable resources but also save money in the long run. It’s a smart choice for both their wallets and the environment.