Overview
Living in Lyons, Colorado provides a great opportunity to take advantage of the abundant sunshine to save money on electricity bills. By installing solar panels on your home, you can significantly reduce your energy costs over time. This article will break down the financial benefits of investing in a solar system based on weather data collected over a year in Lyons, as well as the estimated time it will take to break even on your investment.
Lyons Colorado Weather Trends
Lyons Precipitation
In the last year Lyons Colorado received 37.54 inches of precipitation. That puts Lyons in the 23rd percentile in the nation and the 74th percentile in Colorado. The national average for total precipitation is 50.61 inches. Colorado’s average for total precipitation is 35.53 inches. With less precipitation than the national average and slightly more than the state average, Lyons’ climate is conducive to solar energy production.
Lyons’s UV Rating
In the last year Lyons Colorado had an average UV rating of 3.88. That puts Lyons in the 40th percentile in the nation and the 46th percentile in Colorado. The national average for average UV rating is 4.29. Colorado’s average for average UV rating is 4.02. With ample sunshine and a higher UV rating than the national average, Lyons provides an ideal environment for solar power generation. In addition, Lyons had an average max UV rating of 4.27, making it a great location for solar energy production.
Lyons’s Cloud Cover
In the last year Lyons Colorado had an average of 33% cloud cover. That puts Lyons in the 10th percentile in the nation and the 64th percentile in Colorado. The national average for average cloud cover is 44.46%. Colorado’s average for average cloud cover is 33.65%. With lower cloud cover compared to the national average and similar to the state average, Lyons enjoys clear skies that are beneficial for solar energy production. Additionally, Lyons experienced a significant number of days with minimal cloud cover, making it an excellent location for solar panel installation.
Lyons Colorado Electricity Costs
Lyons Colorado residents pay about $0.13/kw for electricity. That puts Lyons in the 68th percentile in the nation and the 21st percentile in Colorado. The national average for residential electricity is $0.13/kw. Colorado’s average for residential electricity is $0.14/kw. With electricity costs below the national average and lower than the state average, investing in solar panels in Lyons can lead to significant long-term savings on your energy bills while also reducing your carbon footprint.
When could you expect to break even on a solar installation in Lyons Colorado?
Considering the weather and electricity costs in Lyons 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:
- Lyons Colorado receives less precipitation than the national average, making it a good location for solar panels.
- The UV ratings in Lyons Colorado are slightly below the national average, but still suitable for generating solar power effectively.
- Cloud cover in Lyons Colorado is lower than the national average, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lyons Colorado pay the national average price for electricity.
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.
- With the average electricity rates, the savings will gradually add up over time.
After analyzing the data, it appears that it would take approximately 6 years to cover the initial cost of the solar panels in Lyons Colorado. This means that after 6 years, the money saved on electricity bills will start to offset the investment. Additionally, since solar panels have a long lifespan, the savings accumulated will continue for many years. Installing solar panels is a wise choice to save money and contribute to a greener environment!
Investing in solar power in Lyons Colorado
Based on the weather trends and electricity costs in Lyons, Colorado, investing in solar panels can lead to significant savings on energy bills over time. With lower precipitation, ample sunshine, and minimal cloud cover, Lyons provides an ideal environment for solar energy production. Considering the average cost of electricity and the initial investment in a solar system, it is estimated that residents in Lyons could break even on their investment in approximately 6 years. Not only will this save money in the long term, but it will also contribute to a greener environment. Installing solar panels in Lyons, Colorado is a smart decision for saving money and reducing carbon footprint!