Overview
Living in Glorieta, New Mexico, you may be wondering how you can save money on your electricity bill while also helping the environment. Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data specific to Glorieta, as well as basic electricity costs, we can show you how much you could save by switching to solar power. With a breakdown of the cost of a solar system and an estimation of how long it will take to break even, you can see the financial benefits of making the switch to solar energy in your home.
Glorieta New Mexico Weather Trends
Glorieta Precipitation
With Glorieta, New Mexico receiving 16.58 inches of precipitation in the last year, it’s important to note that this puts the town in the 4th percentile in the nation and the 70th percentile in New Mexico. Comparing this to the national average of 50.61 inches and New Mexico’s average of 13.78 inches, it’s clear that Glorieta sees less rainfall. This means that solar panels can be a reliable source of energy due to the abundance of sunlight throughout the year.
Glorieta’s UV Rating
When looking at Glorieta’s average UV rating of 3.96 in the last year, it’s evident that the town falls in the 43rd percentile in the nation and the 14th percentile in New Mexico. Compared to the national average of 4.29 and New Mexico’s average of 4.67, Glorieta experiences moderate UV levels. With an average max UV rating of 4.33, Glorieta also falls in line with the national average, making it an ideal location for solar panel installation.
Glorieta’s Cloud Cover
Having an average of 24% cloud cover in the last year, Glorieta ranks in the 3rd percentile in the nation and the 76th percentile in New Mexico. Comparing this to the national average of 44.46% and New Mexico’s average of 22.75%, Glorieta experiences minimal cloud cover. This means that there are ample sunny days throughout the year, making it a prime location for harnessing solar energy.
Glorieta New Mexico Electricity Costs
Residents in Glorieta, New Mexico, pay about $0.14/kw for electricity, placing the town in the 88th percentile in the nation and the 60th percentile in New Mexico. With the national average for residential electricity at $0.13/kw and New Mexico’s average at $0.15/kw, Glorieta’s electricity costs are slightly higher. By switching to solar power, homeowners can not only reduce their electricity bills but also contribute to a cleaner and more sustainable environment for future generations.
When could you expect to break even on a solar installation in Glorieta New Mexico?
Considering the weather and electricity costs in Glorieta 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:
- Glorieta New Mexico receives less precipitation than the national average, making it a good location for solar panels to operate efficiently.
- The UV ratings in Glorieta New Mexico are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Glorieta New Mexico is lower than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Glorieta 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 amount needed from the grid.
- Given Glorieta New Mexico’s electricity rates, the savings will help pay off the initial investment.
After analyzing the data, it appears that it would take approximately 8 years to cover the initial cost of the solar panels. This means that after 8 years, the savings on electricity bills will start to accumulate and offset the investment. Since solar panels have a long lifespan, you will continue to benefit from these savings for many years to come. It’s a wise investment in terms of both finances and sustainability!
Investing in solar power in Glorieta New Mexico
Switching to solar power in Glorieta, New Mexico can be a smart financial and environmental decision. By taking advantage of the town’s abundance of sunlight and slightly higher electricity costs, homeowners can expect to break even on their solar panel investment in approximately 8 years. After that initial period, the savings on electricity bills will begin to accumulate, providing long-term benefits for both your wallet and the planet. Making the switch to solar energy is a win-win solution for residents in Glorieta!