Overview
Thinking about installing solar panels on your Dillon Colorado home? With the sunny weather in Dillon that averages 250 days of sunshine per year, it’s no wonder why more and more residents are making the switch to solar energy. By harnessing the power of the sun, you can significantly reduce your electricity bills and even earn money by selling excess energy back to the grid. In this article, we will break down the cost of a solar system, estimate how long it will take to break even, and show you just how much you could save in the long run.
Dillon Colorado Weather Trends
Dillon Precipitation
With Dillon Colorado receiving 171.33 inches of precipitation in the last year, it is evident that the town is in the 100th percentile in the nation and the 99th percentile in Colorado. In comparison, the national average for total precipitation is only 50.61 inches, while Colorado’s average stands at 35.53 inches. The abundance of precipitation in Dillon makes it a prime location for harnessing solar energy, even more than most areas in the country and state.
Dillon’s UV Rating
Over the past year, Dillon Colorado has maintained an average UV rating of 4.77, placing it in the 72nd percentile in the nation and the 90th percentile in Colorado. When compared to the national average of 4.29 and Colorado’s average of 4.02, it’s clear that Dillon enjoys ample sunlight to generate solar power efficiently. The high UV ratings in Dillon make it an ideal location for solar panel installation, surpassing many other areas in the nation and state.
Dillon’s Cloud Cover
With an average of 48% cloud cover in the last year, Dillon Colorado finds itself in the 65th percentile in the nation and the 91st percentile in Colorado. In contrast, the national average for average cloud cover is 44.46%, and Colorado’s average is 33.65%. Dillon’s relatively low cloud cover makes it an excellent candidate for solar panel installation, with more sunny days to generate clean energy compared to most places in the nation and the state.
Dillon Colorado Electricity Costs
Residents in Dillon Colorado pay around $0.13/kw for electricity, positioning Dillon in the 74th percentile in the nation and the 31st percentile in Colorado for electricity costs. The national average for residential electricity is also $0.13/kw, while Colorado’s average is slightly higher at $0.14/kw. With relatively affordable electricity rates in Dillon, solar panel installation can help residents save even more on their energy bills, outperforming many areas in the nation and state. Making the switch to solar power in Dillon could lead to substantial long-term savings and environmental benefits.
When could you expect to break even on a solar installation in Dillon Colorado?
Considering the weather and electricity costs in Dillon, 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:
- Dillon receives much more precipitation compared to the national average, which could impact solar panel efficiency.
- The UV ratings in Dillon are higher than the national average, indicating good conditions for generating solar power.
- Cloud cover in Dillon is slightly higher than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Dillon pay the same amount for electricity as 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 need to purchase from the grid.
- Even with average electricity costs, the savings can still add up over time.
After analyzing the data, it appears that it would take around 7-8 years to cover the initial cost of the solar panels in Dillon, Colorado. This means that after 7-8 years, the money saved on electricity bills will begin to offset the investment. Since solar panels have a long lifespan, you will continue to benefit from these savings for many years beyond that initial period. Investing in solar power is a wise choice for financial savings and environmental sustainability in the long run!
Investing in solar power in Dillon Colorado
With the abundance of sunshine in Dillon Colorado and relatively affordable electricity rates, installing solar panels on your home can lead to significant long-term savings and environmental benefits. By harnessing solar power, residents can reduce their electricity bills, potentially earn money by selling excess energy back to the grid, and break even on the initial investment in around 7-8 years. The high UV ratings, low cloud cover, and average precipitation in Dillon make it an ideal location for solar panel installation, outperforming many other areas in the nation and state. Making the switch to solar energy in Dillon Colorado is not only a smart financial decision but also a sustainable choice for the future.