Overview
Are you a Cedaredge Colorado resident looking to save money on your electricity bills? Installing solar panels on your home could be the solution you’ve been looking for. By analyzing weather data specific to Cedaredge, including inches of precipitation, average max UV rating, average UV rating, and percentage cloud cover, along with basic electricity costs, we will break down the cost of a solar system and estimate how long it will take for you to break even. With the financial benefits of going solar, you can start seeing savings in no time.
Cedaredge Colorado Weather Trends
Cedaredge Precipitation
With Cedaredge receiving 21.83 inches of precipitation in the last year, it falls in the 7th percentile in the nation and the 18th percentile in Colorado. Comparatively, the national average for total precipitation is 50.61 inches, while Colorado’s average is 35.53 inches. By harnessing the power of solar energy in a city with lower precipitation levels, you can rely on consistent clean energy production all year round.
Cedaredge’s UV Rating
Having an average UV rating of 3.64 in the last year, Cedaredge is in the 26th percentile in the nation and the 33rd percentile in Colorado. In comparison, the national average for average UV rating is 4.29, and Colorado’s average is 4.02. Additionally, Cedaredge saw an average max UV rating of 4.03, placing it in the 33rd percentile nationwide and the 38th percentile in Colorado. By installing solar panels in Cedaredge, you can take advantage of the abundant sunlight for efficient energy generation.
Cedaredge’s Cloud Cover
With an average of 31% cloud cover in the last year, Cedaredge ranks in the 8th percentile nationally and the 54th percentile in Colorado. In contrast, the national average for average cloud cover is 44.46%, while Colorado’s average is 33.65%. Considering that Cedaredge had numerous days with clear skies, ranging from 0% to 25% cloud cover, solar panels can be a reliable source of energy production with minimal interruptions due to cloud coverage.
Cedaredge Colorado Electricity Costs
Residents in Cedaredge pay around $0.13/kw for electricity, positioning the city in the 79th percentile nationwide and the 40th percentile in Colorado. In comparison, the national average for residential electricity is also $0.13/kw, while Colorado’s average stands at $0.14/kw. By transitioning to solar energy, Cedaredge residents can reduce their reliance on traditional electricity sources, resulting in long-term cost savings and contributing to a greener environment.
When could you expect to break even on a solar installation in Cedaredge Colorado?
Considering the weather and electricity costs in Cedaredge, Colorado, 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:
- Cedaredge receives less precipitation compared to the national average, making it a good location for solar panels.
- The UV ratings in Cedaredge are slightly lower than the national average, but still sufficient for generating solar power.
- The cloud cover in Cedaredge is lower than the national average, with many days having clear skies for solar panels to work efficiently.
Now, let’s consider the electricity costs:
- Residents in Cedaredge pay the same amount for electricity as 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 and saving money on electricity bills.
- With the average electricity costs in Cedaredge, the savings from using solar power are still significant.
After considering all the factors, it looks like it would take around 5-6 years to cover the initial cost of the solar panels. This means that after this period, the savings from using solar power will start to accumulate and pay off the investment. Since solar panels last for a long time, the savings will continue for many years beyond that initial payback period. It is a smart financial decision that also benefits the environment!
Investing in solar power in Cedaredge Colorado
In conclusion, installing solar panels in Cedaredge, Colorado can be a smart financial decision for residents looking to save money on electricity bills. With lower precipitation levels, sufficient UV ratings, and minimal cloud cover, solar panels in Cedaredge can efficiently produce clean energy throughout the year. Additionally, with electricity costs in Cedaredge being similar to the national average, transitioning to solar power can lead to significant cost savings in the long run. Based on the analysis of weather data and electricity costs, residents could expect to break even on their investment in solar panels within 5-6 years, after which they can continue to see savings for many more years. Going solar not only benefits your wallet but also contributes to a greener environment for future generations.