Overview
Have you ever considered installing solar panels on your home in Hurley, Wisconsin? By taking advantage of the abundant sunlight in the area, you could significantly reduce your electricity costs and even earn money over time. In this article, we will break down the financial benefits of investing in a solar system for your home, including the potential savings on your electricity bill and the estimated payback period. With the cost of solar panels decreasing and the rising cost of traditional energy sources, now is the perfect time to make the switch to solar energy.
Hurley Wisconsin Weather Trends
Hurley Precipitation
With Hurley receiving 48.02 inches of precipitation in the last year, it is clear that the area has a decent amount of rainfall. While this places Hurley in the 44th percentile nationally, it falls in the 95th percentile within Wisconsin. Compared to the national average of 50.61 inches, Hurley is slightly below. The above-average rainfall in Hurley makes it an ideal location for harnessing solar energy.
Hurley’s UV Rating
In terms of UV rating, Hurley had an average of 3.07 in the last year. This places Hurley in the 4th percentile nationally and the 5th percentile within Wisconsin. Compared to the national average of 4.29, Hurley receives slightly less UV exposure. However, with an average max UV rating of 3.22, which places it in the 12th percentile nationally and the 9th percentile in Wisconsin, there is still substantial sunlight to benefit from solar panels.
Hurley’s Cloud Cover
With an average of 56% cloud cover in Hurley over the last year, the area experiences quite a bit of cloudiness. Hurley ranks in the 91st percentile nationally and the 93rd percentile in Wisconsin. Despite this, there were 66 days with between 0% and 25% cloud cover, offering ample opportunities for solar energy production. The high percentage of cloud cover does not significantly hinder the potential benefits of installing solar panels.
Hurley Wisconsin Electricity Costs
Residents of Hurley pay about $0.13/kw for electricity, placing the area in the 79th percentile nationally and the 26th percentile regionally. While this is slightly lower than the Wisconsin average of $0.14/kw, it is in line with the national average. By installing solar panels and generating your electricity, you can reduce your reliance on traditional energy sources and potentially save money in the long run.
When could you expect to break even on a solar installation in Hurley Wisconsin?
Considering the weather and electricity costs in Hurley, 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:
- Hurley receives slightly less precipitation compared to the national average, making it a suitable location for solar panels.
- The UV ratings in Hurley are a bit lower than the national average, but still good for generating solar power effectively.
- Cloud cover in Hurley is slightly higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Hurley pay the national average for electricity at $0.13/kw.
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 saving money in the long run.
- With average electricity costs, the savings from using solar power are significant over time.
After considering all the factors, it looks like it would take around 5-7 years to cover the initial cost of the solar panels. This means that after this period, the savings on electricity bills will start to accumulate and pay off the investment. Given the longevity of solar panels, you can enjoy these savings for many years beyond the break-even point. Investing in solar panels is not only cost-effective but also environmentally friendly, making it a smart choice for Hurley residents.
Investing in solar power in Hurley Wisconsin
Overall, installing solar panels in Hurley, Wisconsin can be a financially wise decision. With above-average rainfall, decent UV exposure, and some cloud cover, the area provides ample sunlight for solar energy production. Additionally, with electricity costs in line with the national average, the payback period for a solar installation is estimated to be around 5-7 years. After this initial investment is recouped, homeowners can continue to enjoy savings on their electricity bills for years to come. Embracing solar power not only makes financial sense but also contributes to a more sustainable future, making it a beneficial choice for residents of Hurley.