Overview
If you’re a Fillmore Illinois resident looking to save money on your electricity bills, installing solar panels on your home could be the answer you’ve been searching for. By analyzing weather data for the area, we’ve determined that Fillmore experiences plenty of sunny days throughout the year, making it an ideal location for solar power generation. With the cost of electricity on the rise, investing in a solar system could result in significant savings over time. In this article, we will break down the cost of a solar system for your home and estimate how long it will take for you to break even on your investment.
Fillmore Illinois Weather Trends
Fillmore Precipitation
With Fillmore, Illinois receiving 52.43 inches of precipitation in the last year, it is evident that the area experiences a fair amount of rainfall. Compared to the national average of 50.61 inches, Fillmore finds itself slightly above average. Additionally, in comparison to Illinois’s average of 45.69 inches, Fillmore stands out. This means that despite some rainy days, Fillmore’s weather conditions are still favorable for solar panel installation.
Fillmore’s UV Rating
With an average UV rating of 4.26 in the last year, Fillmore, Illinois experiences a decent amount of sunlight. This reflects positively on the area’s potential for solar energy generation. Compared to the national average of 4.29 and Illinois’s average of 4.21, Fillmore’s UV rating is right on par with the rest of the country and slightly above the state average. This means that homeowners in Fillmore can benefit from harnessing solar power.
Fillmore’s Cloud Cover
Fillmore, Illinois had an average cloud cover of 43% in the last year, indicating that there are plenty of sunny days throughout the year. With 127 days experiencing minimal cloud cover, residents have ample opportunities to generate solar power. Compared to the national average of 44.46% and the Illinois average of 44.03%, Fillmore’s cloud cover is slightly below average, making it an ideal location for solar panel installation.
Fillmore Illinois Electricity Costs
Residents of Fillmore, Illinois pay about $0.11/kw for electricity, making it an affordable option compared to the national average of $0.13/kw and Illinois’s average of $0.12/kw. By investing in solar panels, residents can take advantage of the sunny weather and lower electricity costs to save money in the long run. Making the switch to solar power can potentially result in significant savings on utility bills over time.
When could you expect to break even on a solar installation in Fillmore Illinois?
Considering the weather and electricity costs in Fillmore, 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:
- Fillmore receives slightly more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Fillmore are slightly below the national average, but they are still good for generating solar power.
- Cloud cover in Fillmore is around the national average, with varying percentages throughout the year.
Now, let’s consider the electricity costs:
- Residents in Fillmore pay a bit less for electricity compared to the national average.
With this information, let’s break down the costs:
- A standard 10kW solar system 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.
- Considering Fillmore’s lower electricity rates, the savings are slightly less compared to other areas.
After analyzing the data, it seems that it would take around 6 years to cover the initial cost of the solar panels in Fillmore, Illinois. This means that after 6 years, the money saved on electricity bills will start to accumulate and pay off the investment. And remember, solar panels have a long lifespan, so you’ll continue to enjoy those savings for many years beyond the break-even point. Investing in solar energy is not only cost-effective but also environmentally friendly in the long run.
Investing in solar power in Fillmore Illinois
Installing solar panels in Fillmore, Illinois can be a smart financial decision for residents looking to save money on electricity bills. With plenty of sunny days throughout the year and lower electricity costs compared to the national average, solar power generation can result in significant savings over time. By investing in a solar system, homeowners in Fillmore could potentially break even on their investment in about 6 years. Beyond that point, they will continue to enjoy the benefits of reduced utility bills and the environmentally friendly nature of solar energy. It’s a win-win situation for both your wallet and the planet.