Overview
Gallina, New Mexico residents, have the opportunity to save money by switching to solar energy. By analyzing weather data over the course of a year, we have calculated the potential savings from installing solar panels on your home. With the cost of electricity in mind, we will break down the initial investment in a solar system and estimate how long it will take to see a return on your investment. Let’s explore how going solar can benefit your wallet in the long run.
Gallina New Mexico Weather Trends
Gallina Precipitation
In the last year, Gallina New Mexico received 11.92 inches of precipitation, ranking it in the 2nd percentile nationally and the 47th percentile within New Mexico. Compared to the national average of 50.61 inches and the state average of 13.78 inches, Gallina’s low precipitation levels make it an ideal location for solar energy.
Gallina’s UV Rating
With an average UV rating of 4.45, Gallina sits in the 63rd percentile nationally and the 45th percentile within New Mexico. This means Gallina experiences ample sunlight, perfect for harnessing solar energy. Compared to the national average of 4.29 and the state average of 4.67, Gallina’s UV rating makes it a prime location for solar panel installation.
Gallina’s Cloud Cover
Over the last year, Gallina experienced an average cloud cover of 23%, placing it in the 3rd percentile nationally and the 67th percentile in New Mexico. With a lower cloud cover compared to the national average of 44.46% and the state average of 22.75%, Gallina receives consistent sunlight, making it an ideal location for solar energy production.
Gallina New Mexico Electricity Costs
Residents in Gallina pay around $0.14/kw for electricity, positioning them in the 85th percentile nationally and the 53rd percentile within New Mexico. While the national average for residential electricity is $0.13/kw, and New Mexico’s average is $0.15/kw, Gallina’s relatively affordable electricity rates make investing in solar panels a financially wise decision in the long run.
When could you expect to break even on a solar installation in Gallina New Mexico?
Considering the weather and electricity costs in Gallina New Mexico, 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:
- Gallina New Mexico receives less precipitation compared to the national average, making it a good location for solar energy generation.
- The UV ratings in Gallina New Mexico are higher than the national average, which is great for solar power production.
- Cloud cover in Gallina New Mexico is lower than the national average, with many days having clear skies for efficient solar panel operation.
Now, let’s consider the electricity costs:
- Residents in Gallina New Mexico pay slightly 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 need to purchase electricity from the grid.
- Despite slightly higher electricity costs, the savings from solar power can still be significant over time.
After analyzing the data, it appears that it would take around 8 years to cover the initial cost of the solar panels in Gallina New Mexico. This means that after 8 years, the savings on electricity bills will begin to surpass the investment. Additionally, considering the long lifespan of solar panels, these savings will continue for many years beyond the break-even point. Investing in solar energy not only saves money in the long run but also contributes to a more sustainable and environmentally friendly lifestyle.
Investing in solar power in Gallina New Mexico
Switching to solar energy in Gallina, New Mexico can lead to significant long-term savings. The weather trends in Gallina, including low precipitation levels, a high UV rating, and minimal cloud cover, make it an ideal location for solar panel installation. With electricity costs in mind, investing in solar panels can lead to breaking even on the initial cost in about 8 years. Beyond that, the savings on electricity bills will continue for many more years, making solar energy a financially wise decision. Not only does going solar benefit your wallet, but it also promotes a sustainable and environmentally friendly lifestyle.