Overview
In Goodfield, Illinois, installing solar panels on your home can provide significant financial benefits. By analyzing weather data and electricity costs specific to the area, we will show you how much you can save by switching to solar energy. We’ll break down the cost of a solar system and estimate how long it will take for you to break even, making it clear how investing in solar power can lead to long-term savings for you and your family.
Goodfield Illinois Weather Trends
Goodfield Precipitation
With 41.86 inches of precipitation in the last year, Goodfield Illinois ranks in the 31st percentile nationwide and the 30th percentile in Illinois. Comparatively, the national average for total precipitation is 50.61 inches, while Illinois’s average is 45.69 inches. By harnessing solar energy, you can take advantage of the ample sunlight in Goodfield and offset any potential energy fluctuations caused by precipitation.
Goodfield’s UV Rating
Goodfield Illinois had an average UV rating of 4.03 last year, placing it in the 47th percentile in the nation and the 38th percentile in Illinois. The national average UV rating is 4.29, and Illinois’s average is 4.21. Additionally, the average max UV rating in Goodfield was 4.36, ranking it in the 42nd percentile nationwide and the 40th percentile in Illinois. With such favorable UV ratings, installing solar panels can maximize energy production and reduce your reliance on traditional power sources.
Goodfield’s Cloud Cover
Goodfield Illinois experienced an average of 45% cloud cover last year, positioning it in the 54th percentile nationwide and the 59th percentile in Illinois. Nationally, the average cloud cover is 44.46%, while Illinois’s average is 44.03%. With a significant number of days featuring clear skies, Goodfield offers ideal conditions for solar energy generation, ensuring consistent and sustainable power for your home.
Goodfield Illinois Electricity Costs
Residents of Goodfield pay approximately $0.12/kw for electricity, placing them in the 44th percentile nationwide and the 17th percentile in Illinois. In contrast, the national average for residential electricity is $0.13/kw, with Illinois averaging $0.12/kw. By investing in solar panels, you can reduce your reliance on grid electricity and potentially save money in the long run, especially with Goodfield’s relatively low electricity costs.
When could you expect to break even on a solar installation in Goodfield Illinois?
Considering the weather and electricity costs in Goodfield 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:
- Goodfield Illinois receives slightly less precipitation compared to the national average, providing a good environment for solar panels.
- The UV ratings in Goodfield Illinois are slightly below the national average, but still sufficient for generating solar power.
- Cloud cover in Goodfield Illinois is around the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Goodfield Illinois pay slightly less for electricity compared to the national average, making solar energy an attractive option for savings.
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 and resulting in savings.
- With Goodfield Illinois’ lower electricity rates, the savings are still significant.
After analysis, it appears that it would take approximately 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will begin to offset the investment. Moreover, with solar panels lasting for 25 to 30 years, there will be substantial long-term savings and benefits. Investing in solar power is a wise decision both economically and environmentally!
Investing in solar power in Goodfield Illinois
Switching to solar energy in Goodfield, Illinois can lead to significant financial benefits in the long run. By analyzing the weather trends specific to the area, such as precipitation, UV ratings, and cloud cover, as well as considering the electricity costs, we have determined that investing in solar panels is a wise decision. Based on the data, it is estimated that it would take approximately 6 years to break even on the initial cost of a solar system. With solar panels lasting up to 30 years, there are substantial long-term savings and benefits to be gained by harnessing solar power. Not only can you save money on electricity bills, but you can also reduce your reliance on traditional power sources and contribute to a more sustainable environment.