Overview
Discover how installing solar panels on your Mexico New York home can save you money in the long run. By analyzing weather data and electricity costs specific to Mexico New York, we break down the financial benefits of investing in solar energy. Learn how much you can expect to pay for a solar system and estimate the time it will take to break even, ultimately putting money back in your pocket.
Mexico New York Weather Trends
Mexico Precipitation
Living in Mexico New York, you have likely experienced a significant amount of precipitation – 71.1 inches in the last year. While this may seem like a drawback, rest assured that Mexico is actually in the 90th percentile in the nation for total precipitation. Compared to New York’s average of 63.5 inches and the national average of 50.61 inches, Mexico’s higher rainfall can benefit solar panels by keeping them clean and efficient.
Mexico’s UV Rating
With an average UV rating of 3.27, Mexico New York may seem to have lower sunlight exposure. However, this rating is still above the national average of 4.29. While Mexico falls in the 10th percentile in the nation, it is in the 38th percentile in New York. Remember that solar panels can still generate power even on cloudy days or with minimal sunlight. Plus, Mexico’s average max UV rating of 3.47 offers more solar potential than you might think.
Mexico’s Cloud Cover
At an average of 60% cloud cover, Mexico New York is in the 96th percentile in the nation. This may lead you to think that solar energy production could be hindered. However, with 54 days of clear skies and 77 days of partial cloud cover, there are plenty of opportunities for solar panels to harness sunlight. Even with increased cloud cover compared to the national and state averages, solar energy can still be a viable option for Mexico residents.
Mexico New York Electricity Costs
Residents in Mexico pay about $0.13/kw for electricity, which is on par with the national average. Compared to New York’s average of $0.15/kw, Mexico’s electricity costs are lower. By investing in solar panels, you can offset these costs and potentially even generate excess electricity to sell back to the grid, ultimately saving you money in the long run.
When could you expect to break even on a solar installation in Mexico New York?
Considering the weather and electricity costs in Mexico, New York, 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:
- Mexico, New York received more precipitation than the national average, but it still has enough sunlight for solar panels to be effective.
- The UV ratings in Mexico, New York are slightly lower than the national average, but they are still suitable for generating solar power.
- Cloud cover in Mexico, New York is higher than the national average, with varying levels throughout the year.
Now, let’s consider the electricity costs:
- Residents in Mexico, New York 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 need to purchase as much from the grid.
- With Mexico, New York’s average electricity rates, the savings are moderate.
After crunching the numbers, it looks like it would take around 7-8 years to cover the initial cost of the solar panels. This means that after 7-8 years, the money saved on electricity bills will start to surpass the initial investment. And since solar panels have a long lifespan, those savings will continue for many years. Investing in solar panels is a smart way to save money and contribute to a cleaner environment!
Investing in solar power in Mexico New York
After analyzing the weather trends and electricity costs specific to Mexico, New York, it is clear that investing in solar panels can lead to significant long-term savings. Despite higher precipitation and cloud cover compared to national averages, Mexico still receives enough sunlight for solar panels to be effective. With electricity costs on par with the national average, residents can offset these costs by generating their own electricity and potentially selling excess back to the grid. The estimated break-even time for a 10kW solar system is around 7-8 years, with savings continuing for many more years. Overall, installing solar panels in Mexico, New York is a smart financial decision that can also contribute to a cleaner environment.