Overview
Living in Tyrone, New Mexico provides the perfect opportunity to take advantage of the abundant sunshine and switch to solar energy. By analyzing the weather data and electricity costs specific to our area, we can see the financial benefits of installing solar panels on your home. With a breakdown of the costs and estimates on how long it will take to break even, this article will show you why making the switch to solar is a smart investment for your future.
Tyrone New Mexico Weather Trends
Tyrone Precipitation
Living in Tyrone, New Mexico provides a unique advantage when it comes to solar energy as we receive minimal rainfall throughout the year. With only 10.02 inches of precipitation in the last year, Tyrone ranks in the 1st percentile in the nation, showcasing the consistent sunny weather that is perfect for solar energy. Compared to the national average of 50.61 inches and New Mexico’s average of 13.78 inches, it’s clear that Tyrone’s climate is ideal for harnessing the power of the sun.
Tyrone’s UV Rating
On average, Tyrone, New Mexico enjoys a UV rating of 4.74, which is in the 71st percentile in the nation and the 56th percentile in New Mexico. This high UV rating indicates strong sunlight, making it a great environment for solar energy production. Additionally, Tyrone’s average max UV rating of 5.1 further solidifies its position as a prime location for solar panel installation. Compared to the national average of 4.29 and New Mexico’s average of 4.67 for UV rating, Tyrone stands out as an excellent choice for solar energy.
Tyrone’s Cloud Cover
With an average of only 20% cloud cover in Tyrone, residents here have plenty of clear days to generate solar power efficiently. Ranking in the 2nd percentile in the nation and the 22nd percentile in New Mexico for cloud cover, Tyrone offers predominantly sunny skies that are perfect for solar panels. Compared to the national average of 44.46% and New Mexico’s average of 22.75% for cloud cover, Tyrone’s minimal cloud coverage makes it an ideal location for tapping into solar energy.
Tyrone New Mexico Electricity Costs
Residents in Tyrone, New Mexico, pay approximately $0.14 per kilowatt-hour for electricity, placing them in the 88th percentile in the nation and the 60th percentile in New Mexico for electricity costs. Despite being slightly above the national average of $0.13/kw, Tyrone’s electricity rates are competitive. Considering New Mexico’s average residential electricity cost of $0.15/kw, installing solar panels can help Tyrone residents save money in the long run and reduce their dependency on traditional energy sources.
When could you expect to break even on a solar installation in Tyrone New Mexico?
Considering the weather and electricity costs in Tyrone 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:
- Tyrone New Mexico receives less precipitation than the national average, which is good for solar panel efficiency.
- The UV ratings in Tyrone New Mexico are higher than the national average, making it an ideal location for solar power generation.
- Cloud cover in Tyrone New Mexico is lower than the national average, with a good number of days having clear skies for solar panels to work effectively.
Now, let’s consider the electricity costs:
- Residents in Tyrone 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 on electricity costs.
- Considering Tyrone New Mexico’s electricity rates, the savings are significant.
After analyzing the data, it is estimated that it would take roughly 4-6 years to cover the initial cost of the solar panels. This means that after this period, the savings on electricity bills will start to offset the investment. Keep in mind that solar panels have a long lifespan, so you’ll continue to save money for many years beyond the break-even point. Investing in solar energy is not only a wise financial decision but also a sustainable choice for the environment.
Investing in solar power in Tyrone New Mexico
Living in Tyrone, New Mexico provides the perfect setting for harnessing solar energy due to its sunny weather and low electricity costs. By analyzing the weather trends and electricity expenses specific to Tyrone, it is evident that installing solar panels is a smart investment. With a break-even point estimated at around 4-6 years, residents can expect long-term savings on their electricity bills while also reducing their dependency on traditional energy sources. Making the switch to solar power in Tyrone not only makes financial sense but also contributes to a more sustainable future.