Overview
Discover the financial benefits of installing solar panels on your Ohio Illinois home. By analyzing weather data and electricity costs over the course of a year, we will break down the cost of a solar system and estimate how long it will take for you to break even. With average max UV ratings and low cloud cover, solar panels can help you save money on your energy bills in the long run.
Ohio Illinois Weather Trends
Ohio Precipitation
With only 37.8 inches of precipitation in the last year, Ohio Illinois falls below the national and state averages. By receiving less rainfall than most areas, your solar panels will be more efficient and have fewer cloudy days to contend with, maximizing your potential for savings and energy production.
Ohio’s UV Rating
Ohio Illinois’s average UV rating of 4 is right in line with the national and state averages. This means that your solar panels will be able to consistently generate electricity throughout the year, helping you save money on your energy bills. With a higher max UV rating compared to the national average, your panels will be even more productive on sunny days.
Ohio’s Cloud Cover
Despite having an average of 44% cloud cover in the last year, Ohio Illinois still outperforms the national and state averages. With a significant number of days having minimal cloud cover, your solar panels will have ample opportunity to generate electricity efficiently, ultimately reducing your reliance on the grid and lowering your energy costs.
Ohio Illinois Electricity Costs
With electricity costs at about $0.12/kw, Ohio Illinois residents are already paying below the national average. By installing solar panels on your home, you can further decrease your energy bills and potentially even generate excess electricity to sell back to the grid, providing you with additional savings and environmental benefits.
When could you expect to break even on a solar installation in Ohio Illinois?
Considering the weather and electricity costs in Ohio 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:
- Ohio Illinois receives less precipitation than the national average, making it a suitable location for solar panels.
- The UV ratings in Ohio Illinois are slightly lower than the national average, but still sufficient for generating solar power.
- Cloud cover in Ohio Illinois is about average for the country, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Ohio Illinois pay slightly less for electricity compared to the national average, at $0.12/kw.
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 the lower electricity rates in Ohio Illinois, the savings will still be significant.
After analyzing the data, it appears that it would take around 5 years to cover the initial cost of the solar panels. This means that after 5 years, the savings on electricity bills will start to accumulate and offset the investment. Additionally, since solar panels have a long lifespan, you will continue to benefit from these savings for many more years to come. It’s a wise investment that not only saves you money but also contributes to a greener environment!
Investing in solar power in Ohio Illinois
With the financial benefits of installing solar panels on your Ohio Illinois home clear to see, it’s apparent that this renewable energy source can provide long-term savings on your electricity bills. Despite some fluctuations in UV ratings and cloud cover, the overall weather trends in Ohio Illinois make it a suitable location for solar panels. Coupled with electricity costs below the national average, investing in solar energy could allow you to break even on the initial cost in around 5 years. This means that you’ll not only save money but also contribute to a greener environment for years to come. Consider making the switch to solar power and start saving today!