Overview
If you live in Tesuque, New Mexico, installing solar panels on your home could be a smart financial decision. By using weather data and electricity costs specific to your area, we can estimate how long it will take for you to break even on the cost of a solar system. With abundant sunshine and low cloud cover, Tesuque is the perfect place to harness the power of solar energy and save money on your electricity bills.
Tesuque New Mexico Weather Trends
Tesuque Precipitation
With only 17.76 inches of precipitation in the last year, Tesuque is in the 4th percentile in the nation and the 76th percentile in New Mexico. Compared to the national average of 50.61 inches, and New Mexico’s average of 13.78 inches, Tesuque receives significantly less rainfall, making it an ideal location for solar panel installation.
Tesuque’s UV Rating
At an average UV rating of 3.92, Tesuque is in the 42nd percentile in the nation and the 13th percentile in New Mexico. When compared to the national average of 4.29 and New Mexico’s average of 4.67, Tesuque enjoys ample sunshine throughout the year. With an average max UV rating of 4.29, Tesuque’s potential for harnessing solar energy is even greater.
Tesuque’s Cloud Cover
With an average of 25% cloud cover, Tesuque is in the 4th percentile nationally and the 80th percentile in New Mexico. In comparison, the national average for cloud cover is 44.46%, while New Mexico’s average stands at 22.75%. With a majority of days experiencing minimal cloud cover, Tesuque offers optimal conditions for solar panel efficiency.
Tesuque New Mexico Electricity Costs
Residents of Tesuque pay around $0.14/kw for electricity, placing them in the 86th percentile nationally and the 58th percentile in New Mexico. Despite being slightly higher than the national average of $0.13/kw, this rate is still competitive. By installing solar panels, Tesuque residents can take advantage of the abundant sunshine and potentially reduce their electricity bills significantly.
When could you expect to break even on a solar installation in Tesuque New Mexico?
Considering the weather and electricity costs in Tesuque 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:
- Tesuque New Mexico receives less precipitation than the national average, providing good conditions for solar panels to operate efficiently.
- The UV ratings in Tesuque New Mexico are slightly lower than the national average, but still favorable for generating solar power.
- Cloud cover in Tesuque New Mexico is lower than the national average, with more sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Tesuque New Mexico 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 and saving money on electricity bills.
- With slightly higher electricity rates in Tesuque New Mexico, the savings from solar power are more substantial.
After analyzing the data, it appears that it would take around 5 to 6 years to cover the initial cost of the solar panels in Tesuque New Mexico. This means that after this period, the savings on electricity bills will start to accumulate and offset the investment. Since solar panels have a long lifespan, the savings will continue for many years beyond the break-even point. It’s a wise investment choice for both financial savings and environmental benefits!
Investing in solar power in Tesuque New Mexico
Installing solar panels in Tesuque, New Mexico is a wise financial decision. With its low precipitation, high UV ratings, and minimal cloud cover, Tesuque provides ideal conditions for solar panel efficiency. Additionally, despite slightly higher electricity costs, the potential savings from solar power are significant. Based on calculations, it would take approximately 5 to 6 years to break even on the initial investment, after which residents can enjoy long-term savings on their electricity bills. By harnessing the power of solar energy, homeowners in Tesuque can not only save money but also contribute to a greener environment. It’s a smart choice for both financial and environmental reasons!