Overview
Are you looking to save money on your electricity bills while also reducing your carbon footprint? In Monroe, Wisconsin, installing solar panels on your home is a smart investment that can help you achieve both of these goals. By analyzing weather data specific to Monroe, as well as basic electricity costs, we will show you how a solar system can pay for itself in a reasonable amount of time. Learn how you can take advantage of the sunny days in Monroe to start saving money and helping the environment today.
Monroe Wisconsin Weather Trends
Monroe Precipitation
With only 36.93 inches of precipitation in the last year, Monroe is in the 22nd percentile nationally and the 20th percentile in Wisconsin. Compared to the national average of 50.61 inches, Monroe receives less rainfall, making it an ideal location for harnessing solar energy to power your home efficiently.
Monroe’s UV Rating
Monroe’s average UV rating of 3.76 places it in the 33rd percentile nationwide and the 95th percentile in Wisconsin. The higher UV rating means that Monroe receives more solar energy, making it a great opportunity for residents to take advantage of the sun’s power and reduce their reliance on traditional fossil fuels.
Monroe’s Cloud Cover
With an average cloud cover of 45%, Monroe ranks in the 54th percentile nationally and the 2nd percentile in Wisconsin. This means that residents can expect plenty of sunny days to generate solar power efficiently. With over 100 days of low cloud cover, Monroe offers ample opportunities to harness the sun’s energy for your home.
Monroe Wisconsin Electricity Costs
Monroe residents pay $0.13/kw for electricity, putting them in the 74th percentile nationally and the 20th percentile in Wisconsin. With electricity costs in line with the national average, investing in solar panels can help save you money in the long run while also reducing your carbon footprint.
When could you expect to break even on a solar installation in Monroe Wisconsin?
Considering the weather and electricity costs in Monroe, 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:
- Monroe gets slightly less rain than the national average, which is good for solar panel efficiency.
- The UV ratings in Monroe are a bit lower than the national average, but still sufficient for generating solar power.
- Cloud cover in Monroe is around the same as the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Monroe pay about the same 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.
- With electricity costs at $0.13/kw, the savings can add up over time.
After crunching the numbers, it looks like it would take around 10 years to cover the initial cost of the solar panels. That means, after 10 years, the money saved on electricity bills will start to offset the investment. And since solar panels last for many years, you’ll continue to enjoy those savings long after breaking even. It’s a wise investment that benefits both your wallet and the environment!
Investing in solar power in Monroe Wisconsin
By analyzing the weather trends specific to Monroe, Wisconsin, as well as the electricity costs in the area, it is clear that investing in solar panels can be a smart decision. With ample sunny days, low rainfall, and average electricity rates, residents in Monroe can expect to break even on their solar panel investment in around 10 years. Not only will this save money on electricity bills, but it will also help reduce your carbon footprint and contribute to a more sustainable future. Take advantage of the sunny days in Monroe to start saving money and helping the environment today!