Overview
In Brimhall, New Mexico, installing solar panels on your home can save you money in the long run. By taking a look at the weather data and electricity costs specific to the area, we can show you how a solar system can help you break even on your investment sooner than you might think. Let’s dive into the numbers and see how going solar can benefit your wallet.
Brimhall New Mexico Weather Trends
Brimhall Precipitation
In the last year, Brimhall, New Mexico received 11.43 inches of precipitation. Compared to the rest of the country, Brimhall is in the 2nd percentile, but in New Mexico, it ranks in the 43rd percentile. The national average for total precipitation is 50.61 inches, while New Mexico’s average is 13.78 inches. With its lower precipitation levels, Brimhall is an ideal location for solar panels, as less rain means more sunlight for energy production.
Brimhall’s UV Rating
Over the past year, Brimhall, New Mexico had an average UV rating of 4.21. This places Brimhall in the 54th percentile nationwide and the 24th percentile in New Mexico. In comparison, the national average for UV rating is 4.29, and New Mexico’s average is 4.67. With a relatively high UV rating and plenty of sunny days, Brimhall is well-suited for solar panel installations, ensuring efficient energy production throughout the year.
Brimhall’s Cloud Cover
On average, Brimhall, New Mexico experienced 26% cloud cover in the last year. This puts Brimhall in the 5th percentile nationally and the 84th percentile within New Mexico. The national average for cloud cover is 44.46%, while New Mexico averages 22.75%. With fewer cloudy days compared to the rest of the state, residents in Brimhall can benefit from more consistent sunlight for their solar panels, optimizing energy generation.
Brimhall New Mexico Electricity Costs
Residents of Brimhall, New Mexico pay around $0.14 per kilowatt-hour for electricity. This places Brimhall in the 82nd percentile nationally and the 43rd percentile within New Mexico. The national average for residential electricity costs is $0.13/kw, with New Mexico averaging $0.15/kw. With electricity rates slightly higher than the national average, investing in solar panels can provide long-term savings on energy bills, making it a financially smart decision for Brimhall residents.
When could you expect to break even on a solar installation in Brimhall New Mexico?
Considering the weather and electricity costs in Brimhall 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:
- Brimhall New Mexico receives less precipitation compared to the national average, making it a good location for solar panel installation.
- The UV ratings in Brimhall New Mexico are slightly lower than the national average, but still suitable for generating solar power.
- Cloud cover in Brimhall New Mexico is lower than the national average, with a good number of clear days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Brimhall New Mexico 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 amount needed from the grid, which saves money on electricity bills.
- Considering Brimhall New Mexico’s electricity rates, the savings can be significant over time.
After analyzing the costs and savings, it looks like it would take around 7 years to cover the initial cost of the solar panels. This means that after 7 years, the savings from lower electricity bills will start to offset the investment. And since solar panels last for a long time, the savings will continue for many years after breaking even. It’s a wise financial and environmentally friendly investment for residents of Brimhall New Mexico.
Investing in solar power in Brimhall New Mexico
After analyzing the weather trends and electricity costs in Brimhall, New Mexico, it is evident that investing in solar panels can result in significant long-term savings for residents. With lower precipitation, a favorable UV rating, and minimal cloud cover, Brimhall provides an ideal environment for solar energy production. Additionally, despite slightly higher electricity costs in the area, the savings from using solar power can help homeowners break even on their investment in around 7 years. This smart financial choice not only benefits residents’ wallets but also contributes to a more sustainable future. Installing solar panels in Brimhall, New Mexico is a wise and practical decision for those looking to save money and reduce their environmental impact.