Overview
In Lewis, Colorado, installing solar panels on your home can lead to significant savings on your electricity bill over time. By analyzing weather data and electricity costs, we can show you how a solar system can help you break even on your investment sooner than you may think. With abundant sunshine and low cloud cover, residents of Lewis can take advantage of the financial benefits of solar energy and reduce their reliance on traditional utility companies.
Lewis Colorado Weather Trends
Lewis Precipitation
With Lewis, Colorado receiving only 13.71 inches of precipitation in the last year, it is evident that the area has significantly less rainfall compared to the national average of 50.61 inches. In Colorado, the average total precipitation is 35.53 inches. This lack of precipitation makes Lewis an ideal location for solar panel installation, as ample sunshine can be utilized to generate electricity for your home.
Lewis’s UV Rating
When considering the UV rating in Lewis, Colorado, with an average of 4.26, it is clear that the area receives a substantial amount of sunlight. This places Lewis in the 57th percentile nationally and the 75th percentile in Colorado. With a high UV rating, residents can harness this solar energy to power their homes, reducing their reliance on traditional utilities and saving money in the long run. The higher the UV rating, the more energy can be generated from solar panels.
Lewis’s Cloud Cover
On average, Lewis, Colorado experiences only 23% cloud cover, ranking it in the 3rd percentile nationally and the 2nd percentile in Colorado. With 238 days having between 0% and 25% cloud cover, residents have ample opportunities to benefit from solar energy. The low cloud cover in Lewis makes it an excellent location for solar panel installation, allowing homeowners to maximize their energy savings and reduce their carbon footprint.
Lewis Colorado Electricity Costs
Residents of Lewis, Colorado pay about $0.16/kw for electricity, which is higher than the national average of $0.13/kw but still lower than the state average of $0.14/kw. By installing solar panels on your home, you can offset these high electricity costs and potentially save thousands of dollars in the long term. With abundant sunshine and favorable weather conditions, switching to solar power is not only environmentally friendly but also a smart financial investment.
When could you expect to break even on a solar installation in Lewis Colorado?
Considering the weather and electricity costs in Lewis 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:
- Lewis Colorado receives less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Lewis Colorado are slightly lower than the national average, but still appropriate for generating solar power.
- Cloud cover in Lewis Colorado is lower than the national average, with more sunny days ideal for solar panel efficiency.
Now, let’s consider the electricity costs:
- Residents in Lewis Colorado pay more for electricity compared to the national average, making solar panels a cost-effective option for saving money in the long run.
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 to be purchased from the grid and saving money in the long term.
- With higher electricity rates in Lewis Colorado, the savings from using solar power are even more significant.
After analyzing the data, it looks like it would take approximately 8 years to cover the initial cost of the solar panels in Lewis Colorado. This means that after 8 years, the money saved on electricity bills will start to offset the investment. Since solar panels have a lifespan of 25 to 30 years, this investment will continue to provide savings for many years to come. It’s a wise financial decision that also benefits the environment!
Investing in solar power in Lewis Colorado
Installing solar panels in Lewis, Colorado can lead to substantial savings on electricity bills due to the area’s abundant sunshine, low cloud cover, and high UV ratings. With residents paying higher electricity costs than the national average, switching to solar power can help offset these expenses and result in significant long-term savings. By analyzing weather data and electricity rates, it is estimated that homeowners in Lewis could break even on their solar panel investment in approximately 8 years. This smart financial decision not only benefits residents’ wallets but also contributes to a more sustainable future for the community by reducing reliance on traditional utility companies and decreasing carbon emissions.