Overview
In Clovis, New Mexico, installing solar panels on your home can lead to significant financial savings over time. By analyzing weather data and electricity costs specific to Clovis, we can estimate how long it will take for a solar system to pay for itself. With ample sunshine, low precipitation, and moderate cloud cover throughout the year, Clovis provides an ideal environment for harnessing solar energy. By making the switch to solar power, residents can reduce their electricity bills and potentially break even on their investment sooner than they might expect.
Clovis New Mexico Weather Trends
Clovis Precipitation
With Clovis New Mexico receiving only 14.88 inches of precipitation in the last year, it ranks in the 3rd percentile in the nation and the 63rd percentile in New Mexico. This low amount of rainfall compared to the national average of 50.61 inches and New Mexico’s average of 13.78 inches makes Clovis an excellent location for harnessing solar energy. By taking advantage of the ample sunshine and minimal rainfall, residents can save significantly on their electricity bills over time.
Clovis’s UV Rating
Clovis New Mexico boasts an average UV rating of 5.15, placing it in the 82nd percentile in the nation and the 70th percentile in New Mexico. This high UV rating compared to the national average of 4.29 and New Mexico’s average of 4.67 means that residents of Clovis have the opportunity to generate an abundant amount of solar energy. With a higher average max UV rating of 5.79, Clovis residents can maximize the efficiency of their solar panels and potentially save even more on their electricity costs.
Clovis’s Cloud Cover
In the last year, Clovis New Mexico maintained an average cloud cover of 22%, ranking in the 3rd percentile in the nation and the 51st percentile in New Mexico. This low cloud cover compared to the national average of 44.46% and New Mexico’s average of 22.75% ensures that solar panels in Clovis receive ample sunlight for energy production. With a majority of days having minimal cloud cover, residents can rely on consistent solar energy generation throughout the year.
Clovis New Mexico Electricity Costs
Residents of Clovis New Mexico pay approximately $0.10/kw for electricity, positioning the city in the 12th percentile in the nation and the 13th percentile in New Mexico. With the national average for residential electricity at $0.13/kw and New Mexico’s average at $0.15/kw, Clovis residents already enjoy relatively lower electricity costs. By installing solar panels, residents can further reduce their reliance on traditional utility companies and potentially generate their own electricity for less, saving money in the long run.
When could you expect to break even on a solar installation in Clovis New Mexico?
Considering the weather and electricity costs in Clovis, 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:
- Clovis, New Mexico received less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Clovis, New Mexico are higher than the national average, providing good conditions for generating solar power.
- Cloud cover in Clovis, New Mexico is lower than the national average, with many days having low cloud cover, ideal for solar energy production.
Now, let’s consider the electricity costs:
- Residents in Clovis, New Mexico pay less for electricity compared to the national average, making solar energy a cost-effective option.
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:
- The system generates electricity, reducing the need to purchase from the grid.
- With Clovis’s lower electricity rates, the savings from solar power are substantial.
After calculating the numbers, it appears that it would take around 4-5 years to cover the initial cost of the solar panels. This means that after 4-5 years, the money saved on electricity bills will start to accumulate, making the investment worthwhile. Additionally, since solar panels last for 25-30 years, you will continue to benefit from these savings for many years to come. Investing in solar panels is not only a financially smart decision but also an environmentally friendly one!
Investing in solar power in Clovis New Mexico
Switching to solar power in Clovis, New Mexico can lead to significant financial savings over time due to the city’s ideal weather conditions and lower electricity costs. With ample sunshine, high UV ratings, low cloud cover, and reduced precipitation, Clovis provides the perfect environment for harnessing solar energy. By investing in solar panels, residents can expect to break even on their initial investment in about 4-5 years and continue to save money on electricity bills for the next 25-30 years. Not only is installing solar panels financially beneficial, but it is also an environmentally friendly choice that can contribute to a more sustainable future.