Overview
Are you a resident of Anthony, New Mexico looking to save money on your electricity bills? Installing solar panels on your home could be a great financial decision for you. By analyzing weather data specific to Anthony, including inches of precipitation, average max UV rating, average UV rating, and average percentage cloud cover, we can show you how much you could potentially save on your electricity costs. Additionally, we will break down the cost of a solar system and estimate how long it will take for you to break even. Get ready to discover the financial benefits of going solar in Anthony, New Mexico.
Anthony New Mexico Weather Trends
Anthony Precipitation
With only 4.73 inches of precipitation in the last year, Anthony, New Mexico is significantly drier than the rest of the country, ranking in the 0th percentile. Compared to the state of New Mexico, Anthony falls in the 4th percentile. This lack of rainfall makes it an ideal location for harnessing solar energy to power your home.
Anthony’s UV Rating
Anthony, New Mexico boasts an impressive average UV rating of 5.74, ranking in the 92nd percentile nationally and the 94th percentile within the state. With an average max UV rating of 6.35, Anthony is in the 84th percentile nationally and the 92nd percentile for New Mexico. These high UV ratings indicate the perfect conditions for solar panel efficiency and energy production.
Anthony’s Cloud Cover
On average, Anthony experiences only 18% cloud cover, placing it in the 1st percentile in the nation and the 10th percentile in New Mexico. In fact, Anthony had 261 days with minimal cloud cover in the last year. This means more sunny days for solar panels to generate clean and cost-effective electricity for your home.
Anthony New Mexico Electricity Costs
Anthony residents pay just $0.12/kw for electricity, which is below both the national average of $0.13/kw and New Mexico’s average of $0.15/kw. By switching to solar energy, you can further reduce your electricity costs and potentially even generate excess energy to sell back to the grid, saving you even more money in the long run.
When could you expect to break even on a solar installation in Anthony New Mexico?
Considering the weather and electricity costs in Anthony, 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:
- Anthony, New Mexico receives significantly less precipitation than the national average, making it an ideal location for solar panel installations.
- The UV ratings in Anthony, New Mexico are higher than the national average, indicating ample sunlight for solar power generation.
- Cloud cover in Anthony, New Mexico is lower than the national average, which means more sunshine for solar panels to harness.
Now, let’s consider the electricity costs:
- Residents in Anthony, New Mexico pay slightly less for electricity compared to the national average, at $0.12/kw.
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 purchased from the grid and resulting in cost savings.
- With Anthony, New Mexico’s electricity rates, the savings are favorable for solar power users.
After crunching the numbers, it looks like it would take around 8 years to cover the initial cost of the solar panels. This means that after 8 years, the money saved on electricity bills will start to offset the investment. Solar panels have a long lifespan, so beyond that point, you’ll be reaping the financial benefits for many years. Investing in solar power not only saves money but also contributes to a more sustainable future. It’s a wise choice for both your finances and the environment!
Investing in solar power in Anthony New Mexico
Installing solar panels in Anthony, New Mexico can be a smart financial decision for residents looking to save money on their electricity bills. With low precipitation, high UV ratings, and minimal cloud cover, the city provides ideal conditions for solar energy production. By paying below the national average for electricity and experiencing ample sunlight, residents can expect to break even on their solar panel investment in approximately 8 years. Beyond that point, the financial benefits will continue, making solar power a cost-effective and sustainable choice for both residents and the environment.