Overview
In Prescott, Wisconsin, installing solar panels on your home can lead to significant financial benefits. By analyzing data on weather patterns and electricity costs, we can estimate how long it will take for a solar system to pay for itself. With our detailed breakdown of costs and savings, you’ll see how going solar is not only good for the environment, but also for your wallet.
Prescott Wisconsin Weather Trends
Prescott Precipitation
With Prescott Wisconsin receiving 38.22 inches of precipitation in the last year, it falls in the 24th percentile in the nation and the 34th percentile in Wisconsin. Comparatively, the national average for total precipitation is 50.61 inches while Wisconsin’s average is 40.57 inches. Despite receiving slightly less precipitation than the national and state averages, Prescott’s climate is still suitable for harnessing solar energy for your home.
Prescott’s UV Rating
Having an average UV rating of 3.7 places Prescott Wisconsin in the 30th percentile in the nation and the 88th percentile in Wisconsin. In comparison, the national average for UV rating is 4.29, while Wisconsin’s average is 3.51. Additionally, with an average max UV rating of 3.9, Prescott ranks in the 29th percentile nationally and the 78th percentile statewide. These UV ratings indicate that Prescott offers adequate sunlight for effective solar panel usage.
Prescott’s Cloud Cover
Prescott Wisconsin had an average of 46% cloud cover in the last year, ranking it in the 59th percentile nationally and the 8th percentile in Wisconsin. This is slightly lower than the national average of 44.46% and Wisconsin’s average of 49.97%. Additionally, with varying degrees of cloud cover throughout the year, including 102 days with clear skies, Prescott provides ideal conditions for solar panel performance.
Prescott Wisconsin Electricity Costs
Residents of Prescott Wisconsin pay about $0.13/kw for electricity, positioning the city in the 79th percentile nationally and the 26th percentile within Wisconsin. In contrast, the national average for residential electricity is also $0.13/kw, while Wisconsin’s average is slightly higher at $0.14/kw. By taking advantage of the relatively low electricity costs in Prescott, installing solar panels can lead to substantial long-term savings on your energy bill.
When could you expect to break even on a solar installation in Prescott Wisconsin?
Considering the weather and electricity costs in Prescott 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:
- Prescott Wisconsin received less precipitation than the national average, creating favorable conditions for solar panel effectiveness.
- The UV ratings in Prescott Wisconsin are slightly lower than the national average but are still suitable for generating solar power.
- The cloud cover in Prescott Wisconsin is close to the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Prescott Wisconsin pay the national average price 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 need to purchase as much from the grid.
- With electricity priced at the national average, the savings are consistent.
After calculating the numbers, it seems that it would take around 5 years to cover the initial cost of the solar panels. This means that after 5 years, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, with solar panels lasting for a long time, you will continue to enjoy these savings for many years to come. It’s a smart investment that not only saves money but also helps the environment!
Investing in solar power in Prescott Wisconsin
With favorable weather conditions and relatively low electricity costs in Prescott, Wisconsin, installing solar panels can lead to significant financial benefits. By analyzing the data on weather patterns, UV ratings, cloud cover, and electricity costs, it is estimated that it would take around 5 years to break even on the initial investment in a solar system. This means that after 5 years, the money saved on electricity bills will start to accumulate and pay off the investment. In the long run, you will continue to enjoy savings and help the environment by using renewable energy. Going solar in Prescott is not only a smart financial decision but also a sustainable choice for the future.