Overview
Are you tired of high electricity bills in Arrey, New Mexico? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data and electricity costs specific to Arrey, we can show you how much money you could save by making the switch to solar energy. With a breakdown of the costs involved and an estimate of how long it will take to break even, you’ll see just how financially beneficial going solar can be for you.
Arrey New Mexico Weather Trends
Arrey Precipitation
In the last year, Arrey New Mexico received 4.76 inches of precipitation, ranking it in the 0th percentile in the nation and the 5th percentile in New Mexico. Compared to the national average of 50.61 inches and the state average of 13.78 inches, Arrey’s lower precipitation levels indicate a drier climate. With less rainfall to rely on, installing solar panels can help offset high energy costs often associated with traditional electricity sources.
Arrey’s UV Rating
With an average UV rating of 5.21, Arrey New Mexico ranks in the 83rd percentile nationally and the 76th percentile within the state. The higher UV exposure levels in Arrey compared to the national average of 4.29 and the state average of 4.67 provide ample sunlight for solar panels to efficiently generate energy. Taking advantage of this abundance of sunlight can lead to significant savings on your electricity bills in the long run.
Arrey’s Cloud Cover
Arrey New Mexico had an average cloud cover of 18% in the last year, placing it in the 1st percentile nationally and the 10th percentile within the state. With fewer cloudy days compared to the national average of 44.46% and the state average of 22.75%, Arrey offers optimal conditions for solar panel efficiency. Harnessing the sun’s rays, even on partially clouded days, can help you reduce your reliance on traditional energy sources, cutting down on costs and your carbon footprint.
Arrey New Mexico Electricity Costs
Residents of Arrey pay about $0.11/kw for electricity, ranking the town in the 22nd percentile nationally and the 17th percentile within New Mexico. While the national average for residential electricity is $0.13/kw and the state average is $0.15/kw, Arrey’s lower electricity costs present a prime opportunity to save money by transitioning to solar energy. By generating your electricity through solar panels, you can reduce your monthly utility bills and protect yourself against future price increases in the electricity market.
When could you expect to break even on a solar installation in Arrey New Mexico?
Considering the weather and electricity costs in Arrey, 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:
- Arrey, New Mexico receives much less precipitation compared to the national average, making it ideal for solar panel efficiency.
- The average UV ratings in Arrey, New Mexico are higher than the national average, which is great for generating solar power.
- Cloud cover in Arrey, New Mexico is significantly lower than the national average, with many days having clear skies, perfect for solar energy production.
Now, let’s consider the electricity costs:
- Residents in Arrey, New Mexico pay less for electricity compared to the national average, making solar energy an even more attractive 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. Here’s how:
- By using solar panels, you can reduce your reliance on grid electricity, resulting in significant savings over time.
- With Arrey’s lower electricity rates, the savings from solar power are even more substantial.
After crunching the numbers, it looks like it would take around 8 years to cover the initial cost of the solar panels in Arrey, New Mexico. This means that after 8 years, the money you save on electricity bills will start to outweigh the initial investment. Since solar panels have a long lifespan, you will continue to benefit from these savings for many years to come. It’s a smart financial and environmental decision to invest in solar energy in Arrey, New Mexico.
Investing in solar power in Arrey New Mexico
Installing solar panels in Arrey, New Mexico can be a wise financial decision that can lead to significant savings on your electricity bills. With lower precipitation levels, higher UV exposure, and minimal cloud cover, Arrey offers optimal conditions for solar panel efficiency. Additionally, the town’s lower electricity costs make solar energy an even more attractive option for residents. By investing in solar panels, you can expect to break even on your initial investment in approximately 8 years. This means that you will continue to benefit from savings on electricity bills for many years to come. Making the switch to solar energy in Arrey, New Mexico is not only financially beneficial but also a great step towards reducing your carbon footprint.