Overview
In Angel Fire, New Mexico, installing solar panels on your home can lead to significant cost savings on your electricity bills. By analyzing weather data and electricity costs over 365 days, we can show you how much money you can save with solar energy. With the help of solar panels, you can break even on your investment sooner than you may think, making it a smart financial decision for Angel Fire residents.
Angel Fire New Mexico Weather Trends
Angel Fire Precipitation
With only 24.62 inches of precipitation in the last year, Angel Fire New Mexico is in the 8th percentile in the nation and the 93rd percentile in New Mexico. Compared to the national average of 50.61 inches and New Mexico’s average of 13.78 inches, Angel Fire’s lower precipitation levels make it an ideal location for solar panel installation.
Angel Fire’s UV Rating
Angel Fire New Mexico had an average UV rating of 3.33 in the last year, placing it in the 12th percentile in the nation and the 5th percentile in New Mexico. While the national average is 4.29 and New Mexico’s average is 4.67, Angel Fire’s moderate UV levels provide ample sunlight for solar energy production.
Angel Fire’s Cloud Cover
With an average of 31% cloud cover in the last year, Angel Fire New Mexico is in the 8th percentile in the nation and the 98th percentile in New Mexico. Compared to the national average of 44.46% and New Mexico’s average of 22.75%, Angel Fire experiences clear skies more often, maximizing solar panel efficiency.
Angel Fire New Mexico Electricity Costs
Angel Fire residents pay about $0.18/kw for electricity, placing them in the 97th percentile in the nation and the 90th percentile in New Mexico. While the national average is $0.13/kw and New Mexico’s average is $0.15/kw, the higher electricity costs in Angel Fire make solar panel installation a financially savvy decision for long-term savings.
When could you expect to break even on a solar installation in Angel Fire New Mexico?
Considering the weather and electricity costs in Angel Fire, 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:
- Angel Fire receives less precipitation compared to the national average, making it ideal for solar panels.
- The UV ratings are slightly lower than the national average, but still good enough for generating solar power effectively.
- Cloud cover is lower than the national average with some fluctuations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Angel Fire 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 need to buy as much from the grid.
- With Angel Fire’s higher electricity rates, the savings are even more significant.
After crunching the numbers, it looks like it would take around 7 to 8 years to cover the initial cost of the solar panels. That means, after 7 to 8 years, the money saved on electricity bills will begin to add up and pay off the investment. And remember, solar panels last for a long time, so after that initial period, you’ll continue to enjoy those savings for many years to come. It’s a smart investment for saving money and helping the environment simultaneously!
Investing in solar power in Angel Fire New Mexico
Installing solar panels in Angel Fire, New Mexico is a wise decision for residents looking to save money on their electricity bills. By analyzing the weather data and electricity costs, it is clear that the lower precipitation levels, moderate UV ratings, and minimal cloud cover in Angel Fire make it an ideal location for solar panel efficiency. With higher electricity costs in the area, investing in solar panels can result in breaking even on the initial cost in just 7 to 8 years. This means that residents can enjoy long-term savings and environmental benefits by switching to solar energy. In conclusion, solar panel installation in Angel Fire is a smart financial decision that can lead to significant cost savings over time.