Overview
In Stanley, Wisconsin, investing in solar panels for your home can lead to significant savings on your electricity bill. By analyzing weather data and electricity costs, we can show you how a solar system can help you break even on your investment in a reasonable amount of time. Let’s take a closer look at the financial benefits of going solar in Stanley.
Stanley Wisconsin Weather Trends
Stanley Precipitation
With Stanley Wisconsin receiving 43.59 inches of precipitation in the last year, it is clear that our area gets a fair amount of rain. However, compared to the rest of the country, Stanley falls in the 35th percentile, meaning that many regions receive more rainfall. In Wisconsin, Stanley ranks higher at the 81st percentile, indicating that our area receives more precipitation than most parts of the state.
Stanley’s UV Rating
In the last year, Stanley Wisconsin had an average UV rating of 3.4, placing us in the 14th percentile in the nation and the 28th percentile in Wisconsin. This shows that while our area does get some sun exposure, there are regions in the country and state with higher UV ratings. Considering the potential for solar energy production, it is important to note that our average max UV rating of 3.59 places us in the 20th percentile nationally and the 41st percentile in Wisconsin.
Stanley’s Cloud Cover
Stanley Wisconsin had an average cloud cover of 50% in the last year, placing us in the 75th percentile nationally and the 65th percentile in Wisconsin. This means that while our area does experience cloudy days, there are regions with more cloud cover across the country and state. With a varied distribution of cloud cover throughout the year, residents can still harness solar energy effectively on many days.
Stanley Wisconsin Electricity Costs
Residents in Stanley pay about $0.13/kw for electricity, positioning our area in the 79th percentile nationally and the 26th percentile in Wisconsin. Compared to the national average of $0.13/kw, Stanley’s electricity costs are on par. However, in Wisconsin, our electricity rates are slightly lower than the state average of $0.14/kw. By investing in solar panels, residents can reduce their reliance on the grid and potentially see long-term savings on their electricity bills.
When could you expect to break even on a solar installation in Stanley Wisconsin?
Considering the weather and electricity costs in Stanley, 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:
- Stanley gets slightly less precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Stanley are a bit lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Stanley is around average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Stanley pay the same amount 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, reducing the amount needed from the grid.
- Considering Stanley’s electricity rates, the savings through solar power are significant.
Based on the calculations, it would take approximately 7 years to cover the initial cost of the solar panels. This means that after 7 years, the savings on electricity bills will start to add up and pay off the investment. Moreover, solar panels have a long lifespan, ensuring considerable savings for many years beyond the payback period. Not only is it a wise financial decision, but it also contributes to environmental sustainability!
Investing in solar power in Stanley Wisconsin
Investing in solar panels in Stanley, Wisconsin can lead to significant savings on electricity bills, with a break-even point of approximately 7 years. The combination of slightly lower than average precipitation, suitable UV ratings, and average cloud cover in the area, along with electricity costs on par with the national average, makes solar energy an attractive option for residents. Not only does it make financial sense, but it also contributes to environmental sustainability. So, if you are considering going solar in Stanley, it’s a decision that can benefit both your pocket and the planet!