Overview
Are you a Stockton Illinois resident looking to save money on your electricity bills? Installing solar panels on your home could be the solution! By analyzing weather data and electricity costs specific to Stockton, we will show you how a solar system can help you cut down on expenses and break even in a reasonable amount of time. Let’s explore the financial benefits of going solar in Stockton!
Stockton Illinois Weather Trends
Stockton Precipitation
With Stockton Illinois receiving 35.87 inches of precipitation in the last year, it is in the 20th percentile in the nation and the 4th percentile in Illinois. Comparatively, the national average for total precipitation is 50.61 inches, and Illinois’s average is 45.69 inches. This means that Stockton’s lower precipitation levels can help maximize the efficiency of solar panels by providing ample sunlight for energy production.
Stockton’s UV Rating
Stockton Illinois had an average UV rating of 3.8, placing it in the 36th percentile in the nation and the 12th percentile in Illinois in the last year. In comparison, the national average for UV rating is 4.29, while Illinois’s average is 4.21. Additionally, Stockton had an average max UV rating of 4.08, positioning it in the 34th percentile nationally and the 20th percentile in Illinois. These UV levels are conducive to solar energy production, making Stockton a favorable location for solar panel installation.
Stockton’s Cloud Cover
Stockton Illinois experienced an average of 45% cloud cover in the last year, placing it in the 56th percentile in the nation and the 66th percentile in Illinois. In contrast, the national average for cloud cover is 44.46%, while Illinois’s average is 44.03%. With a good balance of sunlight and cloud cover, Stockton offers ideal conditions for consistent solar energy generation throughout the year.
Stockton Illinois Electricity Costs
Stockton residents pay about $0.14/kw for electricity, positioning them in the 88th percentile nationally and the 92nd percentile in Illinois. In comparison, the national average for residential electricity is $0.13/kw, while Illinois’s average is $0.12/kw. By investing in solar panels, Stockton residents can significantly reduce their electricity costs over time, leading to substantial savings and a lower environmental impact.
When could you expect to break even on a solar installation in Stockton Illinois?
Considering the weather and electricity costs in Stockton 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:
- Stockton Illinois receives less precipitation than the national average, which is good for solar panel efficiency.
- The UV ratings in Stockton Illinois are slightly lower than the national average, but still sufficient for generating solar power.
- Cloud cover in Stockton Illinois is close to the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Stockton Illinois residents pay slightly more 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.
- Given Stockton Illinois’ higher electricity rates, the savings from solar power are more significant.
After analyzing the data, it appears that it would take approximately 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will start to accumulate and offset the investment. Remember, solar panels have a long lifespan, so beyond that period, you will continue to enjoy savings for many years to come. It’s a wise financial decision that also benefits the environment!
Investing in solar power in Stockton Illinois
Installing solar panels in Stockton, Illinois can be a great financial decision for residents looking to save money on electricity bills. By analyzing the weather trends specific to Stockton, it is clear that the location offers ideal conditions for efficient solar energy production. The relatively lower precipitation levels, favorable UV ratings, and balanced cloud cover make Stockton a suitable place for solar panel installation. Combined with the higher electricity costs in Stockton, investing in solar panels can lead to significant savings over time. With the data presented, it is estimated that residents could expect to break even on their solar installation in approximately 6 years. Beyond that point, the savings accumulated from reduced electricity bills will continue to benefit both the wallet and the environment. Considering these factors, going solar in Stockton is a smart choice for residents looking to cut down on expenses and make a positive impact.