Overview
In Odell Illinois, installing solar panels on your home can lead to significant financial savings due to the area’s high average UV rating, low percentage of cloud cover, and relatively low electricity costs. By analyzing weather data and electricity costs over the course of a year, we can estimate the cost of a solar system and calculate how long it will take for you to break even on your investment. Read on to discover the financial benefits of switching to solar energy in Odell Illinois.
Odell Illinois Weather Trends
Odell Precipitation
In the last year, Odell Illinois received 40.35 inches of precipitation, which is below both the national and state averages. With lower levels of precipitation compared to many other areas, Odell residents have the advantage of more sunny days for generating solar power.
Odell’s UV Rating
Odell Illinois had an average UV rating of 4.04 in the last year, slightly below the national and state averages. However, with an average max UV rating of 4.36, Odell enjoys a decent amount of sunlight, making it a suitable location for harnessing solar energy for your home.
Odell’s Cloud Cover
With an average of 44% cloud cover in the last year, Odell Illinois sits close to the national and state averages. This means that residents can expect clear skies for a significant portion of the year, providing ample opportunity to generate solar energy and lower their electricity bills.
Odell Illinois Electricity Costs
Odell Illinois residents pay about $0.13/kw for electricity, which is slightly higher than the national average but still lower than the state average. By investing in solar panels, homeowners in Odell can take control of their electricity costs and potentially save money in the long run.
When could you expect to break even on a solar installation in Odell Illinois?
Considering the weather and electricity costs in Odell 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:
- Odell Illinois receives slightly less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Odell Illinois are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Odell Illinois is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Odell Illinois pay the national average for electricity.
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 average electricity costs in Odell Illinois, the savings will contribute to paying off the initial investment.
After calculating the numbers, it appears that it would take approximately 4-6 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will start adding up and paying off the investment. Moreover, considering the longevity of solar panels, you will enjoy these savings for many years to come. Investing in solar energy is not only a smart financial decision but also an environmentally friendly choice.
Investing in solar power in Odell Illinois
Switching to solar energy in Odell Illinois can be a financially savvy decision due to the area’s favorable weather conditions and relatively low electricity costs. By investing in solar panels, homeowners can expect to break even on their initial investment within 4-6 years, after which they will start to see significant savings on their electricity bills. Not only is solar energy cost-effective in Odell, but it also provides a sustainable and environmentally friendly source of power for the future. Consider the long-term benefits of solar energy and make the switch today to start saving money and reducing your carbon footprint.