Overview
In Bloomfield, New Mexico, the abundance of sunshine makes solar panels a smart and cost-effective investment for homeowners looking to save money on electricity bills. By analyzing local weather data and electricity costs, we will show you how installing a solar system can lead to significant long-term savings. With easy-to-understand breakdowns of installation costs and estimated payback periods, you’ll see how going solar can benefit your wallet in the long run. Let’s explore the financial advantages of making the switch to solar energy in Bloomfield.
Bloomfield New Mexico Weather Trends
Bloomfield Precipitation
With Bloomfield, New Mexico receiving just 12.22 inches of precipitation in the last year, it is evident that the city experiences drier conditions compared to the national average of 50.61 inches. While Bloomfield falls below the country’s average, it is slightly above New Mexico’s average of 13.78 inches. This means that the abundant sunshine in Bloomfield makes it an ideal location for solar panel installation, as the lack of precipitation allows for more sun exposure to generate clean energy.
Bloomfield’s UV Rating
The average UV rating in Bloomfield is 4.28, placing it above the national average of 4.29 but below New Mexico’s average of 4.67. Additionally, Bloomfield’s average max UV rating of 4.73 is higher than the national average of 4.61 but lower than New Mexico’s average of 5.14. These UV rating statistics indicate that Bloomfield receives ample sunlight throughout the year, making it a prime location for harnessing solar energy to power homes and reduce electricity costs.
Bloomfield’s Cloud Cover
With an average cloud cover of 27%, Bloomfield experiences clearer skies compared to the national average of 44.46% and even surpasses New Mexico’s average of 22.75%. Additionally, the distribution of cloud cover days in Bloomfield shows that there are numerous days with minimal to no cloud cover. This means that residents can rely on consistent sunlight for their solar panels, maximizing energy production and further reducing utility costs.
Bloomfield New Mexico Electricity Costs
At $0.14/kw, Bloomfield’s electricity costs are slightly above the national average of $0.13/kw but fall below New Mexico’s average of $0.15/kw. Despite being higher than the country’s average, Bloomfield’s electricity rates are still competitive. By installing solar panels to harness the city’s abundant sunlight, residents can offset their electricity usage, leading to long-term savings and decreased reliance on traditional utility providers.
When could you expect to break even on a solar installation in Bloomfield New Mexico?
Considering the weather and electricity costs in Bloomfield, 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:
- Bloomfield gets less rain than the national average, which is good for solar panel efficiency.
- The UV ratings in Bloomfield are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Bloomfield is below the national average, with a good number of sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Bloomfield pay slightly 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 purchase as much from the grid.
- With electricity costs in Bloomfield being slightly higher, the savings from solar power are significant.
After doing the calculations, it appears that it would take around 5-6 years to cover the initial cost of the solar panels. This means that after 5-6 years, the money saved on electricity bills will start to offset the investment. 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 a smart way to save money and contribute to a greener environment!
Investing in solar power in Bloomfield New Mexico
Investing in solar panels in Bloomfield, New Mexico is a wise decision for homeowners looking to save money on electricity bills in the long run. With the city’s abundance of sunshine, lower precipitation levels, higher UV ratings, and minimal cloud cover, Bloomfield provides an ideal environment for maximizing solar energy production. Despite slightly higher electricity costs compared to the national average, the long-term savings from solar power make it a cost-effective and environmentally friendly choice for residents. By breaking down the installation costs and payback periods, it’s clear that going solar in Bloomfield can benefit both your wallet and the planet. Make the switch to solar energy today and start enjoying the financial advantages that come with it!