Overview
Are you tired of paying high electricity bills year after year in Vergennes, Illinois? With the abundance of sunshine in your area, solar panels could be the answer to saving money on your monthly energy costs. In this article, we will break down the financial benefits of installing a solar system on your home, including the cost of installation, savings on electricity bills, and how long it will take to break even. By the end of this article, you’ll see why going solar is not only good for the environment, but also for your wallet.
Vergennes Illinois Weather Trends
Vergennes Precipitation
With 58.38 inches of precipitation in the last year, Vergennes, Illinois is in the 67th percentile in the nation and the 93rd percentile in Illinois. This means that Vergennes receives more rainfall compared to both the national and state averages, making it an ideal location for harnessing solar energy.
Vergennes’s UV Rating
With an average UV rating of 4.55, Vergennes, Illinois is in the 66th percentile in the nation and the 88th percentile in Illinois. This high UV rating makes Vergennes an excellent location for solar panel installation, as plenty of sunlight is available to generate clean and renewable energy for your home.
Vergennes’s Cloud Cover
With an average of 40% cloud cover, Vergennes, Illinois is in the 27th percentile in the nation and the 9th percentile in Illinois. This low percentage of cloud cover suggests that Vergennes experiences clear skies more often, allowing for consistent and efficient solar energy production throughout the year.
Vergennes Illinois Electricity Costs
Residential electricity in Vergennes, Illinois costs about $0.12/kw, placing it in the 52nd percentile in the nation and the 25th percentile in Illinois. With electricity prices in Vergennes below both the national and state averages, installing solar panels on your home can help you further reduce your electricity costs and save money in the long run.
When could you expect to break even on a solar installation in Vergennes Illinois?
Considering the weather and electricity costs in Vergennes 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:
- Vergennes Illinois receives slightly more rainfall than the national average, which can affect solar panel performance.
- The UV ratings in Vergennes Illinois are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Vergennes Illinois is slightly lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents of Vergennes Illinois pay slightly less for electricity compared to the national average, making solar energy savings slightly lower.
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 and saving money.
- Considering the lower electricity rates in Vergennes Illinois, the savings may accumulate at a slightly slower pace.
After analyzing the data, it suggests that it may take approximately 6-7 years to cover the initial cost of the solar panels in Vergennes Illinois. After this period, the savings on electricity bills will start adding up, and you’ll continue to benefit from these savings for many years. It’s a great investment that not only saves money but also helps the environment!
Investing in solar power in Vergennes Illinois
Installing solar panels in Vergennes, Illinois can be a smart financial decision that benefits both your wallet and the environment. With abundant sunshine, lower electricity costs, and favorable weather conditions, the initial investment in solar panels could be recouped in approximately 6-7 years. After that, you can enjoy the savings on your electricity bills for many more years to come. So, if you’re tired of high energy costs, consider going solar in Vergennes!