Overview
In this article, we will explore the financial benefits of installing solar panels on your home in Whites City, New Mexico. By analyzing weather data and basic electricity costs, we will show you how much you can save on your utility bills by harnessing the power of the sun. We will break down the cost of a solar system and estimate how long it will take for you to break even, making the switch to solar a smart investment for your home.
Whites City New Mexico Weather Trends
Whites City Precipitation
With only 6.81 inches of precipitation in the last year, Whites City is in the 1st percentile in the nation. Compared to the rest of New Mexico, Whites City is in the 15th percentile. The national average for total precipitation is 50.61 inches, while New Mexico’s average is 13.78 inches. Harnessing solar power in a low-precipitation area like Whites City can maximize your savings in the long run.
Whites City’s UV Rating
Whites City boasts an impressive average UV rating of 5.88, placing it in the 95th percentile in the nation and the 99th percentile in New Mexico. In addition, the average max UV rating is 6.47, ranking Whites City in the 86th percentile nationally and the 98th percentile in New Mexico. With such high UV ratings, installing solar panels in Whites City will ensure optimal energy production throughout the year.
Whites City’s Cloud Cover
Whites City experiences an average cloud cover of 20%, placing it in the 2nd percentile nationally and the 22nd percentile in New Mexico. Compared to the national average of 44.46% and New Mexico’s average of 22.75%, Whites City enjoys significantly clearer skies. With a majority of days having low cloud cover, solar panels in Whites City can efficiently capture sunlight for energy generation.
Whites City New Mexico Electricity Costs
Residents of Whites City pay around $0.16/kw for electricity, ranking the city in the 94th percentile nationally and the 73rd percentile in New Mexico. In comparison, the national average for residential electricity is $0.13/kw, while New Mexico’s average is $0.15/kw. By switching to solar power, Whites City residents can reduce their dependence on expensive grid electricity and enjoy long-term savings on energy costs.
When could you expect to break even on a solar installation in Whites City New Mexico?
Considering the weather and electricity costs in Whites City, 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:
- Whites City receives significantly less precipitation compared to the national average, which is good for solar panel efficiency.
- The UV ratings in Whites City are higher than the national average, making it an excellent location for solar power generation.
- Cloud cover in Whites City is lower than the national average, with many days having clear skies.
Now, let’s consider the electricity costs:
- Residents in Whites City 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 need to buy as much from the grid.
- Given Whites City’s higher electricity rates, the savings from using solar power will be more significant.
After analyzing the data, it appears that it would take approximately 7 years to cover the initial cost of the solar panels. This means that after 7 years, the money saved on electricity bills will start to accumulate and offset the investment. Since solar panels have a lifespan of 25 to 30 years, you can enjoy these savings for many years after the break-even point. Investing in solar panels is a wise decision to save money and contribute to environmental conservation.
Investing in solar power in Whites City New Mexico
By analyzing the weather data and electricity costs in Whites City, New Mexico, it is evident that investing in solar panels can lead to significant financial benefits for homeowners. With optimal weather conditions for solar power generation and slightly higher electricity costs, residents can expect to break even on their investment in approximately 7 years. Furthermore, with solar panels lasting between 25 to 30 years, the long-term savings on utility bills make switching to solar a smart and sustainable investment for any home in Whites City. Embracing solar power not only saves money but also contributes to environmental conservation, making it a win-win choice for homeowners in this region.