Overview
If you are a resident of Whitewater, Wisconsin, you may be wondering if investing in solar panels for your home is a wise financial decision. By analyzing 365 days of weather data and electricity costs specific to Whitewater, we can show you the potential savings and payback period of installing a solar system. By harnessing the power of the sun, you could significantly reduce your electricity bills and break even on your investment sooner than you may think. Read on to learn about the financial benefits of going solar in Whitewater.
Whitewater Wisconsin Weather Trends
Whitewater Precipitation
With Whitewater Wisconsin receiving 37.16 inches of precipitation in the last year, you’re in the 22nd percentile in the nation and the 22nd percentile in Wisconsin. Comparatively, the national average is 50.61 inches and Wisconsin’s average is 40.57 inches. By harnessing solar power in Whitewater, you can take advantage of a climate that is not overly rainy, making it an ideal location for solar panels to thrive.
Whitewater’s UV Rating
Having an average UV rating of 3.64, Whitewater Wisconsin is in the 26th percentile in the nation and the 75th percentile in Wisconsin. In comparison, the national average UV rating is 4.29, while Wisconsin’s average is 3.51. Additionally, with an average max UV rating of 3.84, Whitewater is in the 26th percentile in the nation and the 70th percentile in Wisconsin. These UV ratings make Whitewater a great location for solar energy production throughout the year.
Whitewater’s Cloud Cover
With an average of 47% cloud cover, Whitewater Wisconsin ranks in the 64th percentile in the nation and the 22nd percentile in Wisconsin. The national average for cloud cover is 44.46%, with Wisconsin averaging 49.97%. Additionally, Whitewater had a good number of days with low cloud cover percentages, making it an ideal location for solar panels to consistently generate electricity.
Whitewater Wisconsin Electricity Costs
Residents of Whitewater pay about $0.16/kw for electricity, placing you in the 94th percentile in the nation and the 98th percentile in Wisconsin. Comparatively, the national average for residential electricity is $0.13/kw, while Wisconsin’s average is $0.14/kw. By investing in solar panels, you can take advantage of the higher electricity costs in Whitewater to save money on your utility bills in the long run.
When could you expect to break even on a solar installation in Whitewater Wisconsin?
Considering the weather and electricity costs in Whitewater 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:
- Whitewater Wisconsin receives less precipitation compared to the national average, making it suitable for solar panel installation.
- The UV ratings in Whitewater Wisconsin are slightly lower than the national average but are still conducive to generating solar power.
- Cloud cover in Whitewater Wisconsin is slightly above the national average, with variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Whitewater Wisconsin pay a bit 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.
- Due to the higher electricity rates in Whitewater Wisconsin, the savings from solar power are considerable.
After analyzing the data, it’s estimated that it would take around 6 years to cover the initial cost of the solar panels. This means that after 6 years, the money saved on electricity bills will begin to pay off the investment. Since solar panels have a long lifespan, you will continue to benefit from these savings for many more years. It’s a wise investment for saving money and contributing to a greener planet!
Investing in solar power in Whitewater Wisconsin
After analyzing the weather trends and electricity costs specific to Whitewater, Wisconsin, it is clear that investing in solar panels for your home can be a financially smart decision. With Whitewater receiving less precipitation, having good UV ratings, and moderate cloud cover, it is an ideal location for solar energy production. Additionally, with higher electricity costs in Whitewater compared to the national average, the potential savings from using solar power are significant. Based on the analysis, it is estimated that it would take around 6 years to break even on the initial cost of installing solar panels, meaning you will start saving money on electricity bills after that period. Ultimately, investing in solar panels in Whitewater is not only a financially wise choice but also a step towards a more sustainable and eco-friendly future.