Overview
Are you a Broomfield Colorado resident looking to save money on your electricity bills? In this article, we will explore the financial benefits of installing solar panels on your home. By analyzing weather data specific to Broomfield, including inches of precipitation, average max UV rating, average UV rating, and average percentage cloud cover, we will show you how solar panels can help you decrease your energy costs. Additionally, we will break down the cost of a solar system and estimate how long it will take for you to break even, offering you a clear picture of the long-term savings potential of going solar.
Broomfield Colorado Weather Trends
Broomfield Precipitation
With Broomfield Colorado receiving 27.6 inches of precipitation in the last year, it is clear that this area sees less rain compared to the national average of 50.61 inches. While Broomfield may not have as much precipitation as other parts of the country, it still surpasses Colorado’s average of 35.53 inches. By utilizing solar panels to generate electricity, you can take advantage of the abundant sunshine in Broomfield to offset the lower levels of precipitation, ultimately saving on your energy costs in the long run.
Broomfield’s UV Rating
With an average UV rating of 3.92 in the last year, Broomfield Colorado falls below the national average of 4.29. However, when compared to Colorado’s average of 4.02, it is clear that Broomfield still receives a decent amount of sunlight. Additionally, the average max UV rating of 4.28 showcases the potential for solar energy production in the area. By harnessing the power of the sun through solar panels, you can capitalize on Broomfield’s UV exposure, further reducing your reliance on traditional grid electricity.
Broomfield’s Cloud Cover
With an average cloud cover of 32% in the last year, Broomfield Colorado experiences fewer cloudy days compared to the national average of 44.46%. While this may not be the lowest in Colorado, with the state average sitting at 33.65%, Broomfield still has a favorable climate for solar energy generation. The 168 days with minimal cloud cover present ample opportunities to produce solar power efficiently. By installing solar panels on your home, you can take advantage of these clear skies and lower your energy bills over time.
Broomfield Colorado Electricity Costs
Residents in Broomfield pay approximately $0.11/kw for electricity, which is below the national average of $0.13/kw. However, when compared to Colorado’s average of $0.14/kw, Broomfield enjoys relatively lower electricity costs. By investing in solar panels, you can further reduce your dependency on the grid and lock in savings on your energy bills. With the potential for long-term financial benefits, switching to solar power in Broomfield is not only environmentally friendly but also a wise financial decision.
When could you expect to break even on a solar installation in Broomfield Colorado?
Considering the weather and electricity costs in Broomfield Colorado, 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:
- Broomfield receives less precipitation than the national average, which is good for solar panel efficiency.
- The UV ratings in Broomfield are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Broomfield is lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Broomfield pay slightly less for electricity compared to the national average, which is beneficial for cost savings with solar power.
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 need to buy as much from the grid.
- With Broomfield’s lower electricity rates, the savings are significant over time.
After crunching the numbers, it looks like it would take around 6-7 years to cover the initial cost of the solar panels. That means, after 6-7 years, the money you save on electricity bills will start to add up and pay off the investment. And remember, solar panels last for a long time, so after that initial period, you’ll be enjoying those savings for many years to come. It’s a smart way to save money and help the environment at the same time!
Investing in solar power in Broomfield Colorado
Installing solar panels in Broomfield Colorado can be a smart financial decision. By taking advantage of the area’s ample sunshine and lower than average precipitation, UV ratings, and cloud cover, you can generate significant savings on your electricity bills. With electricity costs in Broomfield already below the national average, investing in solar panels can further decrease your dependency on the grid and increase your long-term savings. Based on the analysis of weather data and electricity costs, it is estimated that you could break even on a solar panel installation in Broomfield in around 6-7 years. This initial investment will pay off in the long run, providing both financial benefits and environmental advantages for years to come.