Overview
Are you looking to save money on your electricity bills and make a positive impact on the environment? In South Pekin, Illinois, installing solar panels on your home can be a smart financial decision. By analyzing weather data and electricity costs specific to the area, we will show you how much you can potentially save by switching to solar energy. With a breakdown of solar system costs and estimates on how long it will take to break even, you’ll see the benefits of going solar in South Pekin.
South Pekin Illinois Weather Trends
South Pekin Precipitation
With 48.75 inches of precipitation in the last year, South Pekin Illinois is slightly below the national average but above the state average. This means that South Pekin receives a decent amount of rainfall, making it a suitable location for harnessing solar energy to power your home.
South Pekin’s UV Rating
With an average UV rating of 4.19, South Pekin Illinois is right around the national average and slightly above the state average. This means that South Pekin receives a good amount of sunlight throughout the year, which is essential for maximizing the efficiency of solar panels on your home.
South Pekin’s Cloud Cover
With an average cloud cover of 43%, South Pekin Illinois is slightly below the national average but above the state average. This means that South Pekin experiences a moderate amount of cloud cover, allowing for ample sunlight to reach solar panels and generate electricity for your home.
South Pekin Illinois Electricity Costs
Residents of South Pekin pay about $0.1/kw for electricity, which is lower than both the national and state averages. By installing solar panels on your home, you can further reduce your electricity costs and potentially even sell excess energy back to the grid, saving you even more money in the long run.
When could you expect to break even on a solar installation in South Pekin Illinois?
Considering the weather and electricity costs in South Pekin 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:
- South Pekin Illinois receives slightly less rain than the national average, making it a good location for solar panels.
- The UV ratings in South Pekin Illinois are slightly below the national average, but still conducive for generating solar power.
- The average cloud cover in South Pekin Illinois is lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in South Pekin Illinois pay less for electricity compared to the national average, making solar energy even more cost-effective.
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 solar system generates electricity, reducing the amount needed to be purchased from the grid.
- With South Pekin Illinois’ lower electricity rates, the savings from solar power are significant.
After analyzing the data, it appears that it would take around 5 years to recoup the initial cost of the solar panel installation. This means that after 5 years, the money saved on electricity bills will start to offset the investment. Additionally, with solar panels lasting for 25 to 30 years, there will be many more years of savings ahead. Investing in solar energy not only saves money but also contributes to a cleaner environment!
Investing in solar power in South Pekin Illinois
Installing solar panels in South Pekin, Illinois can be a wise financial decision for homeowners looking to save money on electricity bills. By analyzing weather trends and electricity costs specific to the area, it is evident that switching to solar energy can lead to significant savings in the long run. With a projected break-even period of around 5 years and the potential for years of continued savings, investing in solar panels not only benefits your wallet but also helps protect the environment. Consider making the switch to solar power and start enjoying the many advantages it has to offer!