Overview
Are you a homeowner in Lomira, Wisconsin looking to save money on your electricity bills? Look no further than solar panels! With the amount of sunlight this area receives, investing in a solar system can significantly reduce your energy costs in the long run. In this article, we will break down the financial benefits of installing solar panels on your home in Lomira, Wisconsin, including the cost of a solar system and how long it will take to break even.
Lomira Wisconsin Weather Trends
Lomira Precipitation
Despite receiving 37.39 inches of precipitation in the last year, Lomira, Wisconsin still falls below the national and state averages. This means that the abundant sunlight the area gets can be efficiently utilized for solar power generation, helping to offset any electricity costs associated with lower precipitation levels. By harnessing the power of the sun, residents can take advantage of the natural resources available to them.
Lomira’s UV Rating
With an average UV rating of 3.56 in the last year, Lomira, Wisconsin may not be the sunniest place in the nation, but it still offers a decent amount of sunlight for solar energy production. The area falls below the national average but is slightly above the state average. By installing solar panels, residents can capitalize on the available sunlight and generate their electricity, reducing their reliance on the grid and saving money in the long run.
Lomira’s Cloud Cover
With an average cloud cover of 48% in the last year, Lomira, Wisconsin experiences slightly more clouds than the national average but less than the state average. Despite this, there are still plenty of sunny days for solar panels to operate efficiently and produce electricity. By leveraging the days with lower cloud cover, residents can maximize their solar energy generation potential and see significant savings on their electricity bills.
Lomira Wisconsin Electricity Costs
At a rate of $0.15/kw for electricity, Lomira, Wisconsin residents pay more than both the national and state averages. By investing in solar panels, homeowners can take control of their energy costs and reduce their reliance on traditional electricity sources. With the abundant sunlight available in the area, going solar can lead to substantial long-term savings and environmental benefits.
When could you expect to break even on a solar installation in Lomira Wisconsin?
Considering the weather and electricity costs in Lomira, 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:
- Lomira gets slightly less precipitation compared to the national average, making it a decent location for solar panels.
- The UV ratings in Lomira are slightly lower than the national average but are still suitable for generating solar power.
- Cloud cover in Lomira is slightly higher than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lomira pay more 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 needed from the grid.
- Given Lomira’s higher electricity rates, the savings can accumulate faster.
After crunching the numbers, it looks like it would take around 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. Considering the long lifespan of solar panels, the savings will continue for many more years. It’s a wise financial decision that also contributes to environmental sustainability!
Investing in solar power in Lomira Wisconsin
In conclusion, investing in solar panels in Lomira, Wisconsin can be a smart financial decision for homeowners looking to reduce their electricity costs. With the area’s abundance of sunlight and higher-than-average electricity rates, solar panels offer the opportunity for significant long-term savings. By harnessing the power of the sun, residents can not only save money but also contribute to environmental sustainability. With an estimated break-even period of around 6 years, the investment in solar panels is a wise choice for homeowners in Lomira.