Overview
Are you a resident of Franklin, Illinois looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing local weather data and electricity costs, we can show you how a solar system can help you break even on your investment in a reasonable amount of time. Get ready to start saving money and reducing your carbon footprint with solar power.
Franklin Illinois Weather Trends
Franklin Precipitation
With 44.67 inches of precipitation in the last year, Franklin Illinois is slightly below the national average of 50.61 inches. Compared to the rest of Illinois, Franklin falls just below the state average of 45.69 inches. Installing solar panels in Franklin can help you take advantage of the sunshine between rain showers and maximize your energy savings.
Franklin’s UV Rating
Franklin’s average UV rating of 4.26 puts it in the 57th percentile nationwide and the 64th percentile in Illinois. While the national average is 4.29, Illinois averages slightly lower at 4.21. With consistent UV ratings throughout the year, Franklin is a prime location for harnessing solar energy to power your home efficiently.
Franklin’s Cloud Cover
Franklin’s average of 42% cloud cover positions it in the 40th percentile nationally and the 31st percentile within Illinois. Both the national average of 44.46% and Illinois’s average of 44.03% exceed Franklin’s cloud cover percentage. By capitalizing on sunny days and reducing reliance on grid electricity, installing solar panels can significantly cut your energy costs and reduce your environmental impact.
Franklin Illinois Electricity Costs
With electricity costs at $0.1/kw, Franklin falls below both the national average of $0.13/kw and Illinois’s average of $0.12/kw. By making the switch to solar power, Franklin residents can take control of their energy expenses and enjoy long-term savings while making a positive contribution to the environment.
When could you expect to break even on a solar installation in Franklin Illinois?
Considering the weather and electricity costs in Franklin 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:
- Franklin Illinois receives slightly less precipitation than the national average, which is good for solar panel efficiency.
- The UV ratings in Franklin Illinois are very close to the national average, providing a good environment for generating solar power.
- Cloud cover in Franklin Illinois is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Franklin Illinois pay slightly less for electricity compared to the national average, which is beneficial for savings with 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 need to purchase as much from the grid.
- With Franklin Illinois’s lower electricity rates, the savings are still significant.
After analyzing the data, it appears that it would take approximately 4-5 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will begin to accumulate and offset the investment. And considering the long lifespan of solar panels, these savings will continue for many years, making it a wise financial decision while also contributing to a greener environment.
Investing in solar power in Franklin Illinois
By analyzing the weather trends and electricity costs in Franklin, Illinois, it is clear that investing in solar panels can lead to significant long-term benefits. With slightly lower precipitation, consistent UV ratings, and lower cloud cover percentages, Franklin is ideal for harnessing solar energy. Additionally, with electricity costs below the national and state averages, residents can expect to break even on their investment in solar panels in approximately 4-5 years. This will result in substantial savings on electricity bills and a positive impact on the environment for years to come.