Overview
This article will show how installing solar panels on your Silvis Illinois home can save you money in the long run. By analyzing weather data and electricity costs specific to the area, we will demonstrate the financial benefits of investing in solar energy. We will break down the cost of a solar system and estimate how long it will take for you to see a return on your investment.
Silvis Illinois Weather Trends
Silvis Precipitation
With Silvis receiving 38.41 inches of precipitation in the last year, it falls below the national average of 50.61 inches. However, compared to Illinois’s average of 45.69 inches, Silvis ranks lower. By harnessing solar energy, you can utilize the sunlight, even on rainy days, to generate your own electricity and reduce your reliance on the grid.
Silvis’s UV Rating
At an average UV rating of 4.06, Silvis is slightly below the national average of 4.29. However, compared to Illinois’s average of 4.21, Silvis is on par. By installing solar panels, you can take advantage of the sunlight, even on days with a lower UV rating, to power your home and lower your electricity bills. By doing so, you can contribute to a greener environment while saving money.
Silvis’s Cloud Cover
With an average of 44% cloud cover, Silvis is in line with the national average of 44.46%. While Illinois’s average is slightly lower at 44.03%, Silvis still experiences a fair amount of cloud cover. Installing solar panels can help offset the impact of cloudy days by storing excess energy for later use, ensuring a more stable and cost-effective energy supply for your home.
Silvis Illinois Electricity Costs
Residents in Silvis pay about $0.1/kw for electricity, which is lower than both the national average of $0.13/kw and Illinois’s average of $0.12/kw. By investing in solar panels, you can further reduce your energy costs and potentially even earn credits for excess energy generated. This long-term investment can lead to significant savings on your electricity bills over time, making it a financially wise decision for your home in Silvis.
When could you expect to break even on a solar installation in Silvis Illinois?
Considering the weather and electricity costs in Silvis 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:
- Silvis Illinois receives slightly less precipitation than the national average, making it a suitable location for solar panels.
- The UV ratings in Silvis Illinois are slightly below the national average, but still conducive for generating solar power.
- Cloud cover in Silvis Illinois is around the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Silvis Illinois pay slightly less 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, which means reduced reliance on the grid and lower electricity bills.
- With lower electricity costs in Silvis Illinois, the savings may take slightly longer to cover the initial cost.
After analyzing the data, it seems that it could take around 7 years to cover the initial cost of the solar panels in Silvis Illinois. This means that after 7 years, the savings on electricity bills would start to offset the investment. Additionally, with solar panels lasting for 25 to 30 years, the subsequent years would provide significant savings and benefits. It’s a wise financial and environmental choice in the long run!
Investing in solar power in Silvis Illinois
By analyzing the weather trends and electricity costs specific to Silvis, Illinois, it is clear that investing in solar panels can lead to significant financial benefits for homeowners. With lower-than-average precipitation, suitable UV ratings, and similar cloud cover to national averages, installing solar panels can help residents generate their own electricity and reduce their reliance on the grid. Additionally, with electricity costs in Silvis lower than both national and state averages, the investment in solar panels can lead to savings and potential credits for excess energy generated. Based on the analysis, it is estimated that homeowners in Silvis can expect to break even on their investment in solar panels in approximately 7 years, with substantial savings in the following years. Therefore, considering the long-term financial and environmental benefits, installing solar panels on your Silvis home is a wise decision.