Overview
Living in Kewanee, Illinois, you have the opportunity to save money by harnessing the power of the sun with solar panels for your home. By analyzing weather data and electricity costs specific to your area, we can show you the financial benefits of making the switch to solar energy. With a breakdown of the cost of a solar system and an estimate of how long it will take to break even, you can see how investing in solar panels can lead to long-term savings on your energy bills.
Kewanee Illinois Weather Trends
Kewanee Precipitation
Living in Kewanee, Illinois, you may have noticed the 43.91 inches of precipitation received in the last year. Compared to the rest of the country, Kewanee falls within the 35th percentile, but within Illinois, it sits at the 50th percentile. Despite being slightly below the national and state averages of 50.61 inches and 45.69 inches respectively, Kewanee still benefits from enough rainfall to support the generation of solar energy.
Kewanee’s UV Rating
With an average UV rating of 3.98, Kewanee, Illinois is in a good position to capitalize on solar energy. Ranking in the 44th percentile nationally and the 32nd percentile within Illinois, Kewanee receives sufficient sunlight for effective solar panel operation. Although slightly lower than the national and state averages of 4.29 and 4.21 respectively, Kewanee’s average max UV rating of 4.29 still provides ample sunlight for solar energy production.
Kewanee’s Cloud Cover
On average, Kewanee experiences 45% cloud cover, placing it in the 53rd percentile nationally and the 56th percentile within Illinois. While this may seem high compared to the national and state averages of 44.46% and 44.03% respectively, Kewanee still has many days with clear skies, with 122 days having minimal cloud cover. This means there are plenty of sunny days ideal for generating solar power.
Kewanee Illinois Electricity Costs
Residents in Kewanee, Illinois pay approximately $0.12/kw for electricity, positioning the city in the 44th percentile nationally and the 17th percentile within Illinois. With residential electricity costs below the national average of $0.13/kw and on par with the state average of $0.12/kw, Kewanee residents stand to benefit financially by installing solar panels to offset their energy expenses in the long run.
When could you expect to break even on a solar installation in Kewanee Illinois?
Considering the weather and electricity costs in Kewanee 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:
- Kewanee Illinois receives slightly less precipitation than the national average, which is good for solar panel efficiency.
- The UV ratings in Kewanee Illinois are slightly lower than the national average but still suitable for generating solar power.
- Cloud cover in Kewanee Illinois is about average compared to the rest of the country, with some variability throughout the year.
Now, let’s consider the electricity costs:
- Residents in Kewanee Illinois pay slightly less for electricity compared to the national average.
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 purchased from the grid.
- Due to the slightly lower electricity rates in Kewanee Illinois, the savings might take longer to cover the initial cost.
After doing the calculations based on the weather and electricity costs, it appears that it would take around 6-7 years to cover the initial investment of the solar panels. Following this period, the money saved on electricity bills will accumulate, making it a practical investment in the long run. Additionally, since solar panels have a lifespan of 25-30 years, the savings will continue long after the initial cost has been recouped. It’s a wise financial decision that also benefits the environment!
Investing in solar power in Kewanee Illinois
Investing in solar panels in Kewanee, Illinois can lead to significant long-term savings on your energy bills. By analyzing the weather trends and electricity costs specific to the area, we have determined that it would take around 6-7 years to break even on the initial investment. After this period, the money saved on electricity bills will continue to accumulate, making solar panels a practical and financially beneficial choice. Not only does it save you money, but it also helps reduce your carbon footprint, making it a wise financial decision that benefits both your wallet and the environment in the long run.