Solar Panels In New Mexico

When the photons in sunlight hit the atoms in your solar panel, electrons can be kicked loose. Solar panels are designed to collect these disassociated electrons and store them in a battery to power your home and electronics.

Solar panels have a typical lifespan of 25 to 30 years. Once solar panels reach this point they begin to decline in efficiency. However, with recent advances in solar panel technology, it could make more sense to replace your solar panels in 10 years to maximize the improved efficiency.

The cost to lease a solar panel system depends on many factors including your location, your credit, and the size of system you will need, but the average ranges from about $75 – $250 per month. The best way to find out is to speak to a solar panel installer in your area. Click here to start an online solar panel quote now.

Solar panels are typically going to be able to produce between 245 watts and 400 watts per hour. This means that if you live in a place that gets 6 hours of direct sunlight each day, a 300-watt solar panel will produce 1.8 kilowatt-hours and a 400-watt solar panel will produce 2.4 kilowatt-hours. Multiplied by 365, this adds up to about 650 kWh to 875 kWh per year.

The time it takes to break even on your solar panel investment will depend on a number of things including the total cost for your system, whether you’re financing or you buy outright, and several other factors. However, the typical time range to break even is about 8 to 11 years for most residential solar panel systems.

Solar panels, or solar photovoltaic panels, transform sunlight into usable energy by converting the light into an electric field that then flows into a conductive wire.  The conductive wire flows into the inverter which then transforms the electricity to an alternating current which can then be used to power a property.

You can read our full article about how solar panels work here.