Overview
If you live in Cerrillos, New Mexico, installing solar panels on your home can provide significant financial benefits. By analyzing weather data and electricity costs specific to your area, we can estimate how long it will take for a solar system to pay for itself. With ample sunlight year-round and rising electricity prices, switching to solar power is a smart investment that can save you money in the long run. Let’s break down the costs and benefits of going solar in Cerrillos.
Cerrillos New Mexico Weather Trends
Cerrillos Precipitation
Cerrillos, New Mexico, with its low annual precipitation of 11.34 inches, is in the 2nd percentile in the nation and the 42nd percentile in New Mexico. Compared to the national average of 50.61 inches and New Mexico’s average of 13.78 inches, Cerrillos receives significantly less rainfall, making it an ideal location for solar panel installation. Embracing solar power in this dry climate can help you save money in the long run.
Cerrillos’s UV Rating
With an average UV rating of 4.36, Cerrillos is in the 60th percentile in the nation and the 38th percentile in New Mexico. When looking at the national average of 4.29 and New Mexico’s average of 4.67, it’s clear that Cerrillos enjoys ample sunlight throughout the year. Harnessing this solar energy can lead to substantial savings on your electricity bills and reduce your carbon footprint.
Cerrillos’s Cloud Cover
Despite the beautiful skies, Cerrillos, New Mexico, only experiences an average of 22% cloud cover, placing it in the 2nd percentile in the nation and the 41st percentile in New Mexico. Compared to the national average of 44.46% and New Mexico’s average of 22.75%, Cerrillos enjoys mostly clear days, perfect for maximizing the benefits of solar energy. Investing in solar panels can help you take advantage of the sunny weather and decrease your reliance on traditional electricity sources.
Cerrillos New Mexico Electricity Costs
Residents of Cerrillos pay around $0.14 per kilowatt-hour for electricity, placing them in the 86th percentile nationally and the 58th percentile in New Mexico. While the national average is $0.13 per kilowatt-hour and New Mexico’s average is $0.15 per kilowatt-hour, Cerrillos residents can benefit from the relatively low electricity costs by generating their own clean energy with solar panels. Making the switch to solar power can lead to significant long-term savings on your energy bills.
When could you expect to break even on a solar installation in Cerrillos New Mexico?
Considering the weather and electricity costs in Cerrillos, 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:
- Cerrillos, New Mexico, receives less precipitation compared to the national average, making it a good location for solar panels.
- The UV ratings in Cerrillos are slightly higher than the national average, which is great for generating solar power.
- Cloud cover in Cerrillos is lower than the national average, with many days having minimal cloud cover, optimal for solar energy generation.
Now, let’s consider the electricity costs:
- Residents in Cerrillos, 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 need to purchase as much from the grid.
- With higher electricity costs in Cerrillos, the savings will be significant.
After analyzing the data, it is estimated that it would take around 6-7 years to cover the initial cost of the solar panels. This means that after 6-7 years, the money saved on electricity bills will begin to offset the investment. Additionally, considering the lifespan of solar panels, you will continue to benefit from these savings for many years to come. Investing in solar panels not only helps you save money in the long run but also contributes to a sustainable environment.
Investing in solar power in Cerrillos New Mexico
Switching to solar power in Cerrillos, New Mexico can be a beneficial investment with the ample sunlight year-round and rising electricity costs. By installing solar panels, residents can expect to break even on their investment in around 6-7 years, after which they will start saving money on electricity bills. Utilizing the sunny climate and lower cloud cover in Cerrillos, along with the relatively higher electricity costs, solar power offers a cost-effective and environmentally friendly alternative to traditional electricity sources. Embracing solar energy not only helps you save money in the long run but also contributes to a sustainable future.