Overview
This article will show you how installing solar panels on your home in Corrales, New Mexico can help you save money on your electricity bills. By analyzing weather data specific to the area, we will demonstrate the financial benefits of harnessing the power of the sun to generate your own energy. We will break down the cost of a solar system and estimate how long it will take for you to break even on your investment. So, if you’re looking to increase your savings and decrease your reliance on the grid, read on to discover why going solar in Corrales is a smart choice.
Corrales New Mexico Weather Trends
Corrales Precipitation
With only 7.6 inches of precipitation in the last year, Corrales is in the 1st percentile in the nation and the 23rd percentile in New Mexico. Compared to the national average of 50.61 inches, Corrales receives significantly less rain. By harnessing the power of the sun through solar panels, you can take advantage of the sunny days in Corrales to generate your own electricity.
Corrales’s UV Rating
Corrales boasts an average UV rating of 4.83, placing it in the 74th percentile nationally and the 60th percentile in New Mexico. With an average max UV rating of 5.42, Corrales receives ample sunlight perfect for solar panel energy production. Embracing solar power in Corrales can help you take advantage of the sunny days and reduce your reliance on the grid.
Corrales’s Cloud Cover
Corrales experiences an average of 21% cloud cover, ranking it in the 2nd percentile in the nation and the 32nd percentile in New Mexico. With more than 240 days of low cloud cover, installing solar panels in Corrales is an excellent way to make the most of the clear skies and generate your own clean energy. By going solar, you can benefit from the sunny days and reduce your carbon footprint.
Corrales New Mexico Electricity Costs
Corrales residents pay about $0.14/kw for electricity, placing the city in the 88th percentile nationally and the 60th percentile in New Mexico. Compared to the national average of $0.13/kw, electricity costs in Corrales are slightly higher. By investing in solar panels, you can significantly reduce or even eliminate your electricity bills over time, making it a smart financial decision to go solar in Corrales.
When could you expect to break even on a solar installation in Corrales New Mexico?
Considering the weather and electricity costs in Corrales, 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:
- Corrales receives less precipitation than the national average, providing good conditions for solar panel efficiency.
- The UV ratings in Corrales are higher than the national average, making it a suitable location for generating solar power.
- Cloud cover in Corrales is lower than the national average, with most days having clear to partly cloudy skies.
Now, let’s consider the electricity costs:
- Residents in Corrales 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, especially in a location with higher electricity costs like Corrales.
After calculating the numbers, it appears that it would take approximately 8-10 years to cover the initial cost of the solar panels. This means that after this period, the money saved on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, these savings will continue for many years beyond the breakeven point. Investing in solar energy is a smart way to save money and contribute to a more sustainable future!
Investing in solar power in Corrales New Mexico
Installing solar panels in Corrales, New Mexico is a smart investment that can help you save money on your electricity bills. By taking advantage of the sunny weather conditions in the area and the slightly higher electricity costs, you can expect to break even on your solar panel installation in approximately 8-10 years. After that, you will continue to see savings and contribute to a more sustainable future. Going solar in Corrales is a wise choice for your finances and the environment.