The Solar Energy Landscape in Champaign
Champaign, Illinois, is making strides in the realm of solar energy, with a focus on cost, system sizes, and available incentives.
Analyzing Solar Potential in Champaign
Champaign's solar potential is assessed based on roof size and system capacity:
Roof Size (sq. ft.) | Capacity (kW DC) | Annual Electricity Production (kWh AC) |
804 | 11.25 | 13.2k |
Financial Aspect of Solar Systems in Champaign
The cost dynamics in Champaign for solar system installations are influenced by several factors:
System Size (kW) | Average Cost in Champaign | Price-per-Watt |
7 | $25,480 | $3.64 |
Cost Comparison: Champaign vs. National Average
A comparative overview of solar installation costs in Champaign against the US average:
Aspect | Champaign | US Average |
Out-of-Pocket Cost (5 kW) | $18,200 | $18,172 |
Average Payback Period | 11 years | 11 years |
Net 20-Year Savings | $15,641 | $14,915 |
Solar System Size and Its Benefits
An evaluation of different system sizes reveals varied benefits:
System Size | Annual Production (kWh) | Estimated Savings |
3kW | 4,315 | $822 |
4kW | 5,753 | $1,096 |
5kW | 7,190 | $1,370 |
6kW | 8,628 | $1,644 |
7kW | 10,065 | $1,918 |
Environmental Impact in Champaign
The ecological benefits of solar energy in Champaign, especially for a 3kW system, are substantial:
CO2 Reduction (tons/year) | Equivalent Trees Planted | Reduced Driving Miles |
1.25 | 57 | 3,095 |
Solar Incentives and Rebates in Champaign
Champaign offers a variety of incentives to encourage solar energy adoption:
Solar Installation Services in Champaign
Champaign boasts 47 verified solar installers offering a range of services, including solar array installation and solar financing consultation.
Frequently Asked Questions - Solar Energy in Champaign Illinois
What limits the installation of solar panels in Champaign homes?
Factors include roof space availability, electricity usage patterns, net metering regulations, and the home's electrical system capacity.
What is the cost of installing solar panels in Champaign?
The average price per installed watt in Champaign is $3.64. Therefore, a 10kW system would cost around $36,400, though this can vary based on specific project requirements and installers.
How do solar panels affect home values in Champaign?
Following national trends, a 2019 Zillow study indicates homes in Champaign with solar panels generally sell for about 4.1% more than those without. Solar Energy in Champaign Illinois