Overview
If you live in Kankakee, Illinois, installing solar panels on your home can lead to significant financial savings in the long run. By analyzing weather data and electricity costs specific to our area over 365 days, we can show you how investing in a solar system can help you break even faster than you might think. Let’s delve into the numbers and see how going solar can benefit your wallet.
Kankakee Illinois Weather Trends
Kankakee Precipitation
In the last year, Kankakee Illinois received 41.63 inches of precipitation, ranking it in the 30th percentile in the nation and the 28th percentile in Illinois. This means that Kankakee tends to have slightly less rainfall compared to the national and state averages. By harnessing the power of solar energy, Kankakee residents can take advantage of the abundant sunlight in the area to offset any potential energy savings lost due to decreased precipitation.
Kankakee’s UV Rating
With an average UV rating of 4, Kankakee Illinois ranks in the 45th percentile in the nation and the 35th percentile in Illinois, indicating moderate exposure to ultraviolet radiation. By installing solar panels, residents can capitalize on the ample sunshine in Kankakee to generate clean and renewable energy. Considering the high UV ratings in the area, solar panels can be an efficient and effective way to reduce electricity costs while benefiting the environment.
Kankakee’s Cloud Cover
On average, Kankakee Illinois experiences 45% cloud cover, positioning it in the 54th percentile in the nation and the 60th percentile in Illinois. While there are days with varying cloud cover, the overall percentage is relatively moderate. Solar panels can still function effectively even on cloudy days, making them a reliable source of energy in Kankakee. By embracing solar power, residents can take advantage of the available sunlight and reduce their reliance on grid electricity.
Kankakee Illinois Electricity Costs
Kankakee residents pay about $0.13/kw for electricity, ranking the city in the 77th percentile in the nation and the 71st percentile in Illinois. While the cost of electricity in Kankakee is on par with the national average, it is slightly higher compared to Illinois as a whole. By installing solar panels, residents can lock in lower energy costs and potentially even earn credits for excess power generated. This move towards solar energy not only provides financial benefits but also contributes to a cleaner and more sustainable future.
When could you expect to break even on a solar installation in Kankakee Illinois?
Considering the weather and electricity costs in Kankakee 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:
- Kankakee Illinois receives slightly less precipitation compared to the national average, making it a good location for solar panel installations.
- The UV ratings in Kankakee Illinois are close to the national average, indicating good conditions for solar power generation.
- Cloud cover in Kankakee Illinois is around the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Kankakee Illinois pay the national average for electricity, making it a decent area for solar power cost 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:
- Solar panels generate electricity, reducing the need to purchase from the grid.
- With average electricity costs, there are still savings to be made by using solar power in Kankakee Illinois.
After analyzing the data, it appears that it would take around 5 years to cover the initial cost of the solar panels in Kankakee Illinois. This means that after 5 years, the money saved on electricity bills will begin to offset the investment. Remember, solar panels have a long lifespan, so you can continue to enjoy these savings for many years to come. It’s a wise financial decision that also benefits the environment!
Investing in solar power in Kankakee Illinois
Installing solar panels in Kankakee, Illinois can lead to significant financial savings in the long run. By taking advantage of the weather trends in the area and the electricity costs specific to our region, residents can break even on their investment in solar panels in just 5 years. Not only does this provide financial benefits, but it also contributes to a cleaner and more sustainable future. Embracing solar power in Kankakee is a smart decision that can help both your wallet and the environment for years to come.