Overview
If you live in Matherville, Illinois, installing solar panels on your home could save you significant money on your electricity bill. By analyzing weather data and electricity costs specific to the area, we estimate that a solar system in Matherville could pay for itself within a few years. With the average number of sunny days and maximum UV rating, Matherville is an ideal location for generating solar energy. This article will break down the cost of a solar system and show you how you can start saving money by making the switch to solar power.
Matherville Illinois Weather Trends
Matherville Precipitation
With Matherville receiving 40.56 inches of precipitation in the last year, it is below the national average of 50.61 inches. Compared to the rest of Illinois, Matherville is also slightly drier, as Illinois averages 45.69 inches of total precipitation annually. However, this lower level of precipitation can be an advantage for solar panel installation, as less rain means more sunny days for generating solar energy.
Matherville’s UV Rating
Matherville’s average UV rating of 4.12 in the last year places it just above the national average of 4.29. Compared to the rest of Illinois, Matherville’s UV rating is in line with the state average of 4.21. Additionally, Matherville’s average max UV rating of 4.49 indicates strong solar potential. With plenty of sunlight throughout the year, Matherville is an excellent location for harnessing solar energy.
Matherville’s Cloud Cover
In the last year, Matherville had an average cloud cover of 42%, which is slightly lower than the national average of 44.46%. Compared to the rest of Illinois, Matherville’s cloud cover is also lower than the state average of 44.03%. With a significant number of days featuring clear skies, Matherville offers favorable conditions for solar panel efficiency and electricity generation.
Matherville Illinois Electricity Costs
Residents of Matherville pay about $0.1/kw for electricity, which is lower than the national average of $0.13/kw. Compared to the rest of Illinois, Matherville’s electricity costs are even more affordable, as Illinois averages $0.12/kw for residential electricity. By utilizing solar panels to generate electricity, Matherville residents can further reduce their energy bills and take advantage of the abundant sunlight in the area.
When could you expect to break even on a solar installation in Matherville Illinois?
Considering the weather and electricity costs in Matherville 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:
- Matherville Illinois receives slightly less precipitation compared to the national average, making it a good location for solar panels.
- The UV ratings in Matherville Illinois are close to the national average, making it suitable for generating solar power.
- Cloud cover in Matherville Illinois is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Matherville Illinois pay slightly less for electricity compared to the national average, which can affect the savings from using solar power.
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 on electricity bills.
- With Matherville Illinois’ lower electricity rates, the savings might take longer to cover the initial cost.
After analyzing the data, it looks like it could take around 6-7 years to cover the initial cost of the solar panels in Matherville Illinois. This means that after this period, the savings from reduced electricity bills will start to offset the investment. Since solar panels have a long lifespan, you’ll continue to benefit from these savings for many years to come. It’s a smart and efficient way to save money and contribute to a greener environment!
Investing in solar power in Matherville Illinois
Installing solar panels in Matherville, Illinois is a smart choice for saving money on electricity bills. With the area’s high number of sunny days, strong UV ratings, and lower-than-average precipitation and cloud cover, Matherville provides ideal conditions for generating solar energy. Additionally, residents in Matherville enjoy lower electricity costs compared to the national average, further enhancing the potential for savings with solar power. By analyzing the data, we estimate that it could take around 6-7 years to break even on the initial investment in solar panels. After this period, the savings from reduced electricity bills will continue to benefit homeowners for many years to come. Making the switch to solar power in Matherville is not only a financially sound decision but also a step towards a more sustainable and eco-friendly future.