Overview
Living in Ranchos De Taos New Mexico comes with plenty of sunny days, making it the perfect location to take advantage of solar energy. By installing solar panels on your home, you can significantly reduce your electricity bill and even earn money by selling excess energy back to the grid. In this article, we will break down the cost of a solar system, estimate the time it takes to break even, and show you why going solar is a smart financial decision for residents of Ranchos De Taos.
Ranchos De Taos New Mexico Weather Trends
Ranchos De Taos Precipitation
Living in Ranchos De Taos New Mexico, with its limited average of 17.44 inches of precipitation per year, puts you in the 4th percentile compared to the rest of the country and the 73rd percentile compared to the rest of New Mexico. In comparison, the national average for total precipitation stands at 50.61 inches, while New Mexico’s average is 13.78 inches. With such a dry climate, harnessing solar energy can help you save on your electricity bill even more.
Ranchos De Taos’s UV Rating
With an average UV rating of 3.87, Ranchos De Taos ranks in the 39th percentile in the nation and the 12th percentile in New Mexico. Comparatively, the national average UV rating is 4.29, and New Mexico’s average is 4.67. In addition, the max UV rating in Ranchos De Taos is 4.23, positioning you in the 38th percentile in the nation and the 14th percentile in New Mexico. Taking advantage of this abundant sunlight through solar panels can lead to significant savings on your energy costs.
Ranchos De Taos’s Cloud Cover
With an average cloud cover of 26%, Ranchos De Taos ranks in the 5th percentile in the nation and the 85th percentile in New Mexico. In contrast, the national average for cloud cover is 44.46%, while New Mexico’s average is 22.75%. Additionally, Ranchos De Taos experiences a significant number of days with minimal cloud cover, making it an ideal location for solar panel installation to benefit from the ample sunshine available.
Ranchos De Taos New Mexico Electricity Costs
Residents of Ranchos De Taos pay approximately $0.19/kw for electricity, placing the area in the 97th percentile in the nation and the 92nd percentile in New Mexico. On the other hand, the national average for residential electricity rates is $0.13/kw, while New Mexico’s average is $0.15/kw. By investing in solar panels, you can reduce your reliance on traditional electricity sources and take advantage of the abundant sunlight in Ranchos De Taos to save money on your utility bills in the long run.
When could you expect to break even on a solar installation in Ranchos De Taos New Mexico?
Considering the weather and electricity costs in Ranchos De Taos 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:
- Ranchos De Taos New Mexico gets less precipitation than the national average, providing good conditions for solar panels.
- The UV ratings in Ranchos De Taos New Mexico are slightly lower than the national average, but still favorable for generating solar power.
- Cloud cover in Ranchos De Taos New Mexico is lower than the national average, with many days of clear skies throughout the year.
Now, let’s consider the electricity costs:
- Residents in Ranchos De Taos New Mexico pay more for electricity compared to the national average, which makes solar panels a cost-effective option.
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 and saving money on electricity bills.
- With higher electricity rates in Ranchos De Taos New Mexico, the savings will be more significant.
After crunching the numbers, it looks like it would take around 4-5 years to cover the initial cost of the solar panels. This means that after 4-5 years, the money saved on electricity bills will begin to offset the investment. Since solar panels last for a long time, you will continue to enjoy savings for many years after that initial period. It’s a smart financial decision that also benefits the environment!
Investing in solar power in Ranchos De Taos New Mexico
Living in Ranchos De Taos New Mexico presents a prime opportunity for residents to capitalize on the sunny weather by investing in solar energy. With lower precipitation levels, a favorable UV rating, and minimal cloud cover, Ranchos De Taos is an ideal location for solar panel installation. When considering the higher electricity costs in the area, making the switch to solar power can result in significant savings in the long run. By breaking even on the initial investment in approximately 4-5 years, residents can enjoy reduced electricity bills for decades to come. Choosing solar energy not only makes financial sense but also contributes to a greener environment!