Overview
Are you tired of high electricity bills in Willard, New Mexico? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data and average electricity costs, we show how switching to solar power can save you money in the long run. Find out how much a solar system costs, how quickly you can expect to break even on your investment, and start enjoying the financial benefits of clean, renewable energy today.
Willard New Mexico Weather Trends
Willard Precipitation
With Willard receiving just 12.25 inches of precipitation in the last year, it falls in the 2nd percentile nationwide and the 50th percentile in New Mexico. Compared to the national average of 50.61 inches and New Mexico’s average of 13.78 inches, Willard has significantly less rainfall.
Willard’s UV Rating
In the past year, Willard had an average UV rating of 4.46, ranking it in the 63rd percentile in the nation and the 47th percentile in New Mexico. With the national average at 4.29 and New Mexico’s average at 4.67, Willard enjoys a higher UV rating, indicating ample sunlight for solar energy production. Additionally, Willard’s max UV rating of 4.87 places it above the national and state averages.
Willard’s Cloud Cover
Willard experienced an average of 23% cloud cover in the last year, putting it in the 3rd percentile nationwide and the 66th percentile in New Mexico. In comparison, the national average for cloud cover is 44.46%, while New Mexico’s average is 22.75%. With 226 days of minimal cloud cover, Willard offers ideal conditions for harnessing solar energy.
Willard New Mexico Electricity Costs
Willard residents pay $0.17/kw for electricity, ranking them in the 96th percentile nationally and the 83rd percentile in New Mexico. In contrast, the national average for residential electricity is $0.13/kw, and New Mexico’s average is slightly lower at $0.15/kw. By switching to solar power, Willard residents can significantly reduce their electricity costs over time, making it a smart financial investment.
When could you expect to break even on a solar installation in Willard New Mexico?
Considering the weather and electricity costs in Willard, 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:
- Willard, New Mexico receives significantly less precipitation than the national average, making it ideal for solar panel efficiency.
- The UV ratings in Willard, New Mexico are higher than the national average, meaning there is ample sunlight for solar power generation.
- Cloud cover in Willard, New Mexico is lower than the national average, indicating good conditions for solar energy production.
Now, let’s consider the electricity costs:
- Residents in Willard, New Mexico pay 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 and resulting in savings on electricity bills.
- Considering Willard, New Mexico’s higher electricity rates, the savings from solar power would be even more significant.
After analyzing the data, it appears that it would take approximately 8 years to cover the initial cost of the solar panels in Willard, New Mexico. This means that after 8 years, the savings on electricity bills will begin to offset the investment. Additionally, since solar panels have a lifespan of 25 to 30 years, residents can enjoy these savings for many years beyond the break-even point. Investing in solar power not only helps save money in the long run but also contributes to a sustainable and eco-friendly energy source.
Investing in solar power in Willard New Mexico
Switching to solar power in Willard, New Mexico can be a smart financial decision. By analyzing the weather data and electricity costs, it is evident that residents can save money in the long run by investing in solar panels. With ideal conditions for solar energy production and higher electricity rates, the initial cost of installing solar panels could be recouped in as little as 8 years. Beyond that, residents can enjoy the benefits of lower electricity bills and contribute to a sustainable and eco-friendly energy source for many years to come.