Overview
In Fort Sumner, New Mexico, installing solar panels on your home can be a smart financial move. By analyzing weather data and electricity costs over the course of a year, we can show you how much money you could save by making the switch to solar energy. With the cost of a solar system broken down and the estimated time it will take to break even, you can see the long-term benefits of investing in solar power for your home.
Fort Sumner New Mexico Weather Trends
Fort Sumner Precipitation
With Fort Sumner receiving only 14.3 inches of precipitation in the last year, it is clear that this area has drier weather compared to the national average of 50.61 inches. However, when looking at New Mexico as a whole, Fort Sumner falls slightly below the state’s average of 13.78 inches. Despite the lower levels of precipitation, installing solar panels can still be a beneficial choice for your home.
Fort Sumner’s UV Rating
Fort Sumner’s average UV rating of 5.09 in the last year places it in the 80th percentile nationwide, showcasing the ample sunlight this area receives. Compared to New Mexico’s average UV rating of 4.67 and the national average of 4.29, Fort Sumner’s higher UV rating makes it an ideal location for harnessing solar energy. With a high level of sunlight exposure, solar panels can efficiently generate electricity for your home.
Fort Sumner’s Cloud Cover
Fort Sumner experienced an average cloud cover of 22% in the last year, which is below both the national average of 44.46% and New Mexico’s average of 22.75%. Additionally, with a significant number of days having minimal cloud cover, Fort Sumner provides optimal conditions for solar panel efficiency. Lower cloud cover means more direct sunlight, making it easier for solar panels to convert sunlight into electricity.
Fort Sumner New Mexico Electricity Costs
Residents of Fort Sumner pay about $0.13/kw for electricity, which is in line with the national average. However, in comparison to New Mexico’s average of $0.15/kw, Fort Sumner has lower electricity costs, making the switch to solar energy even more cost-effective. By installing solar panels, you can reduce your reliance on traditional electricity sources and potentially save money in the long run.
When could you expect to break even on a solar installation in Fort Sumner New Mexico?
Considering the weather and electricity costs in Fort Sumner, 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:
- Fort Sumner receives less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Fort Sumner are higher than the national average, ideal for generating solar power efficiently.
- Fort Sumner has lower than average cloud cover, providing ample sunshine for solar panels to work effectively.
Now, let’s consider the electricity costs:
- Residents in Fort Sumner pay about the same amount 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:
- By generating your own electricity, you can reduce your reliance on the grid and lower your electricity bills.
- With Fort Sumner’s average electricity costs, you can save a significant amount over the years.
After analyzing the data, it looks like it would take approximately 7 years to cover the initial cost of the solar panels. This means that after 7 years, the money saved on electricity bills will start to offset the investment. Since solar panels have a long lifespan, you can continue to enjoy these savings for many years beyond the payback period. Investing in solar energy is not only cost-effective but also environmentally friendly in the long run.
Investing in solar power in Fort Sumner New Mexico
Installing solar panels in Fort Sumner, New Mexico can be a wise financial decision. By analyzing the weather trends and electricity costs in the area, we can see that switching to solar energy could lead to significant savings over time. With abundant sunlight, low cloud cover, and relatively low electricity costs, Fort Sumner provides an ideal environment for solar panel efficiency. Based on our calculations, it would take approximately 7 years to break even on the initial investment in solar panels. Beyond this payback period, you can continue to enjoy the financial benefits of solar energy for many years. Making the switch to solar power not only makes sense financially but also contributes to a more sustainable and eco-friendly future.