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Solar and Electricity Data for Velarde, NM: Does a Solar Installation Make Sense?

Velarde, NM at a glance

Overall Cloud Coverage Precipitation UV Index Electricity Cost
6.6/10 9.6/10 9.7/10 5/10 8.5/10
Pretty Good 25% daily 1 inches monthly 4.1 on average 0.14/kw

Overview

We have compiled weather data specific to Velarde New Mexico, showing the ideal conditions for solar panel efficiency in your area. With an average of 320 days of sunshine, high UV ratings, and low cloud cover, it is the perfect environment to harness solar energy and save money on your electricity bill. By breaking down the cost of a solar system and estimating the payback period, we will show you how investing in solar panels can lead to significant long-term financial benefits for you and your home.

Velarde New Mexico Weather Trends

Velarde Precipitation

With only 15.49 inches of precipitation in the last year, Velarde New Mexico is in the 3rd percentile in the nation and the 67th percentile in New Mexico. This low level of rainfall means less shading on your solar panels, allowing for maximum efficiency compared to areas with higher precipitation levels.

Velarde’s UV Rating

Velarde New Mexico boasts an average UV rating of 4.1, putting it in the 50th percentile in the nation and the 17th percentile in New Mexico. With plenty of sunlight to go around, your solar panels will be able to generate ample energy to power your home, especially when compared to areas with higher UV ratings.

Velarde’s Cloud Cover

Velarde New Mexico experiences an average of 25% cloud cover, ranking it in the 4th percentile in the nation and the 80th percentile in New Mexico. With clear skies for the majority of the year, your solar panels will have uninterrupted access to sunlight, increasing their efficiency and energy production compared to areas with more cloud cover.

Velarde New Mexico Electricity Costs

Velarde residents pay about $0.14/kw for electricity, placing them in the 85th percentile in the nation and the 53rd percentile in New Mexico. With electricity costs slightly above the national average, investing in solar panels can help you save money in the long run by reducing your reliance on traditional grid power sources and taking advantage of the abundance of sunlight in your area.

When could you expect to break even on a solar installation in Velarde New Mexico?

Considering the weather and electricity costs in Velarde, 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:

  • Velarde, New Mexico receives less rain than the national average, making it a good location for solar panels.
  • The UV ratings in Velarde, New Mexico are slightly lower than the national average, but still suitable for generating solar power.
  • Cloud cover in Velarde, New Mexico is lower than the national average, making it an ideal location for solar energy.

Now, let’s consider the electricity costs:

  • Residents in Velarde, 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, which means we don’t need to buy as much from the grid.
  • With Velarde, New Mexico’s slightly higher electricity rates, the savings are significant.

After crunching the numbers, it looks like it would take around 6 years to cover the initial cost of the solar panels. That means, after 6 years, the money you save on electricity bills will start to add up and pay off the investment. And remember, solar panels last for a long time, so after that initial period, you’ll be enjoying those savings for many years to come. It’s a smart way to save money and help the environment at the same time!

Investing in solar power in Velarde New Mexico

In Velarde, New Mexico, the ideal conditions for solar panel efficiency make investing in solar panels a smart choice for homeowners looking to save money in the long run. With abundant sunshine, low precipitation, high UV ratings, and minimal cloud cover, solar panels in Velarde have the opportunity to generate ample energy to power homes efficiently. By breaking down the costs and estimating the payback period, we have determined that it would take around 6 years to cover the initial investment in solar panels. This means that after that period, homeowners can enjoy significant savings on their electricity bills for many years to come. Investing in solar panels not only provides financial benefits but also contributes to environmental sustainability, making it a practical and eco-friendly choice for homeowners in Velarde, New Mexico.