Solar Panels Cost 2.6k-13k in New Mexico | February, 2025

Solar Panels Cost $2.6k-$13k in New Mexico | February, 2025

Can You Save With Wind?

You’ve heard of solar, but did you know that you can power your home and business with wind?

How much do solar panels cost in New Mexico in 2025?

To go solar in New Mexico in the month of February, 2025 costs about $3.84/W.

Stemming from the rate, you should expect costs to be $3,840, on average, for every 1000watts (or 1 kW) of solar energy your system can generate. A 5 kW solar panel system in New Mexico averages approximately $13,440 after accounting for the 30% federal income tax credit. To meet your energy demands, you may need a bigger system.

To the left, you can choose your county to find the typical roof size and average maximum capacity for solar panels on homes in your area. You can also see an analysis of the costs, payback period and 20 year average savings for a 5 kW system installed in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
New Mexico: $13,440US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
New Mexico: 11 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
New Mexico: $4,270US Average: $16,300

Solar Potential in New Mexico

Estimated system size and solar electricity production per median viable roof in
New Mexico.

Roof size 947sq. ft.
Capacity 13.25kW DC
Electricity 21.9kkWh AC per yr.

Electricity Costs in New Mexico & What that Means for Your Solar Panel Pricing

Energy consumers in New Mexico usually use 674 kWh each month, with an average electric bill of $97.79. Be mindful that the statistic includes both apartments and smaller homes, which often have lower energy.

In February 2025, the electricity rate in New Mexico averages 14.51¢ per kWh.

The typical energy consumer in New Mexico will require 5 kW or higher solar setup to account for their entire energy usage requirements. Presently, 5 kW setup is priced at $19,200, but the 30% federal tax credit lowers it to $13,440

Average solar panel costs by system size in New Mexico

Displayed on the left side, is a detailed pricing structure of the multiple sizes of solar panel systems installed in New Mexico. With bigger solar systems, the price goes up, but so do the electricity savings and the income tax credits you can receive.

The solar panel cost calculator, situated to the right and below, gives a cost-benefit analysis using an average $97.79 electric bill for New Mexico. Alter the $97.79 to fit your average bill payment for more accurate outcomes.

System Size 1kW
Roof Size Min. space required
72 ft²
Electricity Value Annual Production $273 a year
Est. Price
$2,688
Savings from a 1kWthis system
  • Est. yearly production 1,882 kWh
  • Est. monthly savings $23
  • Full payback in 2 years
Environmental Impacts
  • Reduces CO2 emissions by 1.16 tons a year
  • Equivalent to planting 53 trees a year
  • Equivalent to driving 2,867 mi less a year
System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $546 a year
Est. Price
$5,376
Savings from a 2kWthis system
  • Est. yearly production 3,765 kWh
  • Est. monthly savings $46
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.32 tons a year
  • Equivalent to planting 106 trees a year
  • Equivalent to driving 5,734 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $820 a year
Est. Price
$8,064
Savings from a 3kWthis system
  • Est. yearly production 5,647 kWh
  • Est. monthly savings $68
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.47 tons a year
  • Equivalent to planting 160 trees a year
  • Equivalent to driving 8,601 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,093 a year
Est. Price
$10,752
Savings from a 4kWthis system
  • Est. yearly production 7,530 kWh
  • Est. monthly savings $91
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.63 tons a year
  • Equivalent to planting 213 trees a year
  • Equivalent to driving 11,468 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,366 a year
Est. Price
$13,440
Savings from a 5kWthis system
  • Est. yearly production 9,412 kWh
  • Est. monthly savings $98
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 4.99 tons a year
  • Equivalent to planting 229 trees a year
  • Equivalent to driving 12,342 mi less a year

New Mexico Solar Panel Installation Incentives & Rebates | 2025

Between 80% and 100% of your photovoltaic or wind turbine installation costs may be covered by the REAP Grant if you own a rural small business or farm. To see if you qualify, use our REAP Grant eligibility tool.

For residential solar installations, almost all homeowners are eligible for a 30% federal income tax credit, which makes solar energy a feasible choice in many parts of the country. Moreover, many regional and state programs are set up to encourage more people to switch to solar power.

Different utilities and governmental bodies in New Mexico offer 14 solar rebate and incentive initiatives.

Solar incentives in NM

PNM - Performance-Based Solar Program

Value:Varies

PNM may enter power purchase agreements with solar PV, thermal, and HVAC customers to obtain credits toward the state's renewable portfolio standard. Qualifying systems may be rated for up to 100 kW of capacity. As compensation for ownership of the customer's RECs, PNM will apply bill credits based on the current value of an individual REC and the amount of energy generated by the solar panels. Should an earned bill credit exceed consumption liability, it will roll forward to subsequent months. Agreements last for eight years by default, but they may be extended for larger systems. Additional information is available from the PNM website.

Sustainable Building Tax Credit (Personal)

Value:Varies

In New Mexico, new single or multi-family homes which meet certain green construction standards may be eligible for personal income tax credits. Eligible homes must qualify for ENERGY STAR certification or a minimum LEED Silver certification level and pursue formal accreditation from the US Department of Energy/Green Building Council. Once a building is certified, the owner may apply for the credit through the Department of Energy, Minerals, and Natural Resources. The amount of the credit will be determined on a rubric considering the specific certification obtained and the square footage of the property. Additional information is available from the EMNR website.

Solar Energy Gross Receipts Tax Deduction

Value:Varies

In New Mexico, active and passive solar water heating and HVAC equipment are exempt from state gross receipt tax. Gross receipt tax is similar to sales tax and is an assessment of the total of annual business receipts after expenses. Certain trombe walls and water tanks may also qualify for the exemption if they meet certain technical specifications. Customers do not have to do anything to claim the exemption. Retailers should present a completed form RPD41341 for the system to the New Mexico Taxation and Revenue Department. Additional information is available from the NMTRD website.

Renewable Portfolio Standard

Value:Varies

New Mexico first established a renewable portfolio standard in 2004 to set goals for alternative energy investment. In 2020, at least 20% of the state's retail electricity was required to be sourced renewably. Over the long term, 50% of retail electricity must be renewable by 2030, and all of the state's electricity must be emission-free by 2045. Carve-out provisions require portions of annual renewable energy investment to use solar and wind technologies. Compliance is measured through a Renewable Energy Credit (REC) system pegging a fixed amount of electricity to a fluctuating dollar value. All operations renewable energy systems in the state generate RECs, which utilities must procure through net metering and power purchasing agreements. For failure to meet the annual REC quota, a utility will be charged penalty fines for each kilowatt hour they are deficient.

Solar/Wind Construction Permitting Standards

Value:Varies

Contractors supervising the installation or repair of a solar or wind energy system in New Mexico should have the proper license from the state board. Valid licenses include EE-98 and ER-1. Workers performing the installation or repair of a solar or wind energy system should have an EE-98J or ER-1J journeyman's license. Provisions are made for apprentices who will be supervised by a journeyman. All new wind turbines are required to undergo a structural engineering analysis. Solar PV systems may need an analysis if they exceed a minimum weight, use a unique mounting strategy, are mounted on a roof with over-spanned structures, or if structural changes are needed. Analysis results are required for a permit to be approved.

Sustainable Building Tax Credit (Corporate)

Value:Varies

In New Mexico, new commercial buildings which meet certain green construction standards may be eligible for corporate income tax credits. Eligible buildings must qualify for a minimum LEED Silver certification level and pursue formal accreditation from the US Department of Energy/Green Building Council. Once a building is certified, the owner may apply for the credit through the Department of Energy, Minerals, and Natural Resources. The amount of the credit will be determined on a rubric considering the specific certification obtained and the square footage of the property. Additional information is available from the EMNR website.

Clean Energy Revenue Bond Program

Value:Varies

By a 2005 act of the New Mexico legislature, the state may use bonds to finance new renewable energy investment or energy efficiency upgrades for state buildings and public schools. Funding recipients have a 10-year window to make improvements suggested by the Energy, Materials, and Natural Resources Department. Bonds are tax-exempt and will be repaid through energy cost savings.

Drinking Water State Revolving Loan Fund

Value:Varies

The New Mexico state government manages a revolving loan fund to support drinking water access, quality, and safety. Repaid funds immediately "revolve" to another borrower, allowing for perpetual state investment and continued support through interest. By default, at least 25% of the loan principal is forgiven, effectively taking the form of a grant. Up to 75% of the principal may be forgiven if a project aids low-income/disadvantaged communities or supports water and energy conservation efforts.

Local Option - Renewable Energy Financing District/Solar Energy Improvement Special Assessments

Value:Varies

Cities and counties in New Mexico may join Renewable Energy Financing Districts (REFDs), the state's version of a property-assisted clean energy (PACE) program. With the usual exception of single-family homes or multi-family residential property under five units, any property may apply for specialized energy efficiency loans through their local REFD. Loans carry a maximum principal of 40% of a property's assessed value. They are offered at low interest rates and secured through loss reserve funds. Repayment takes the form of a property tax lien senior to mortgages; this means should the borrower sell their property, the new owner will be responsible for continuing loan payments. Additional information is available from local REFDs.

Gross Receipts Tax Exemption for Sales of Wind and Solar Systems to Government Entities

Value:Varies

In New Mexico, equipment used as part of a wind turbine or to otherwise generate wind power for a government agency is exempt from state gross receipt tax. Solar PV and active/passive solar thermal systems are also exempt as of 2010. Gross receipt tax is essentially equivalent to corporate sales tax in other states. Incentives are applied at the time of purchasing the equipment. Additional information is available from the state revenue department.

New Mexico Solar Easements & Rights Laws

Value:Varies

New Mexico has adopted two separate "solar rights" laws protecting access to sunlight for solar panel owners. Under the Solar Rights Act of 1977, it is unlawful for property owners neighboring a solar array to purposefully obstruct solar access by placing new structures or vegetation. Under the Solar Recordation Act of 1983, property owners may obtain a "solar right" from their county government. Solar rights act similar to easements and are tied to the property's deed. Later statutes overruled local ordinances and association covenants banning solar panels, with exceptions made for historic districts.

System Benefits Charge

Value:Varies

In 2002, New Mexico established a System Benefits Fund to support clean energy adoption and education with an emphasis on serving low-income populations, local/county governments, and school districts. The fund is supported by a surcharge on all customer energy bills in the state. Utilities may earn grants to build new solar/wind farms, hydroelectric installations, or biomass plants. Grants may also fund line extensions for low-income neighborhoods and rural or remote areas. Additional information is available from the New Mexico Energy, Minerals, and Natural Resources Department.

Alternative Energy Product Manufacturers Tax Credit

Value:Varies

Businesses in New Mexico that produce components for renewable or clean energy devices, including hybrid and electric vehicles, may be eligible to claim the Alternative Energy Product Manufacturers tax credit. Both end-use products and components supplied to end-use product manufacturers are eligible for the incentive. Credit amount is determined on an individual basis by the state Taxation and Revenue department; at maximum, it will be 5% of the business's expenditures. The credit will be awarded on the condition that the company creates new full-time jobs dependent on its expenditures. Additional information is available from the NMTRD website.

Farmington Electric Utility System - Net Metering

Value:Varies

Certain private utilities in New Mexico are required to offer net metering programs using state standards to their distributed renewable generation customers. Farmington Electric (FEUS) is one of the subject utilities, but their net metering program reached maximum capacity in February 2017. New applications are no longer accepted. FEUS will continue to honor net metering agreements for residential and commercial customers who installed their renewable energy system before February 2017. Contracts will become null and void if the customer makes substantial alterations to their energy system or sells their property. Additional information is available from the FEUS website.

Are solar panels worth it in New Mexico?

Expecting to stay in your house beyond the solar payback period? Solar panels are a smart investment in New Mexico. A 5 kW solar system in New Mexico might save you an average of $10,030.47 over 20 years, with the break even point usually being 11 years.

The cost of not having solar panels in New Mexico

The lack of solar panels or an alternative energy backup means you'll forgo the earlier mentioned savings and be entirely reliant on your electric utility for power. Full reliance on your utility is not always ideal as the news has recently shown.

Lately, customers in New Mexico have encountered an average of 1.32 outages per year. On average, an outage lasts 272.34 minutes. When major events such as earthquakes, planned maintenance, or grid management errors occur, these durations can increase significantly

View the graphic below to see the number of current electricity customers without power in New Mexico.

A solar panel system with (or without) a backup battery could ease the stress of future outages you face.

Power Outages

Currently, 0 customers are being tracked in New Mexico.

Learn more

Customers Out:

0

What impacts the cost of solar panels in New Mexico?

Your Energy Needs -With larger solar panel systems, the cost per watt decreases, despite the greater upfront expense. Setting up a solar panel system that can replace the electric bill is beneficial to individuals because of the savings gained.

Make & Model - Just like other products, solar panels are offered in a wide variety of makes and models. Given the brand preferences that your installer may have, it's important to select a highly rated contractor. The use of better makes and models can greatly enhance the long-term experience for buyers.

Solar Panel Type - The industry standard is now monocrystalline panels, and justifiably so. They come with a higher price, but they provide more energy. The majority of solar panel installers prefer this material.

Your Property - Every home and property is unique. Sloped land, trees, or v can increase the complexity of the installation. Solar installers nowadays typically utilize satellite imagery to assess your home and factor in these factors into the preliminary cost estimate.

Labor Rates - The pay that various companies offer their employees differ, and these expenses are passed on to the consumers. Companies that pay higher wages frequently garner higher reviews for their work and customer service.

Permitting & Interconnection - Depending on the location, permitting and utility interconnection fees will influence your installation price. Good local installers will build these figures into your first estimates to avoid any surprises.

See what solar panels cost in other NM cities

Go Solar for less than your cell phone bill.

Who are the best solar installers in New Mexico?

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Solar SME

Clovis, NM(832) 626-2337

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Erus Energy

Phoenix, AZ(888) 907-0067

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

PPC Solar

Taos, NM(575) 737-5896

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Douglass Colony Group

Commerce City, CO(877) 288-0650

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Bay4 Energy

Safety Harbor, FL(727) 216-4000

Services

  • Reparation of solar arrays.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Living Solar

Durango, CO(970) 247-8781

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Powur PBC

Del Mar, CA(866) 467-6987

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Micrometer Engineering

Scottsdale, AZ(602) 790-5749

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

RES

Denver, CO(303) 439-4200

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Radiance Solar

Marietta, GA(404) 885-9898

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Monitoring of independent energy generation.

McCalmont Engineering

Campbell, CA(408) 871-9600

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

IonSOLAR

Albuquerque, NM(888) 781-7074

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Positive Energy Solar

Albuquerque, NM(505) 908-9578

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Pro Solar Installers

Albuquerque, NM(833) 786-3329

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Organ Mountain Solar & Electric

Las Cruces, NM(575) 288-1792

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Monitoring of independent energy generation.

EDF Renewables

San Diego, CA(888) 903-6926

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Experienced Solar

Albuquerque, NM(505) 600-2771

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

UGE

New York, NY(917) 720 5685

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

OE Solar

Albuquerque, NM(505) 850-8863

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Dividend Finance

Cincinnati, OH(415) 805-7000

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Hannah Solar Government Services

Summerville, SC(843) 718-1866

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for independent energy generation.
  • Solar systems for selling electricity back to the grid.

Planit Green

Santa Cruz CDP, NM(505) 999-9590

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Sol Luna Solar

Dixon CDP, NM(505) 455-8875

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Palmetto Solar

Charlotte, NC(855) 339-1831

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

NM Solar Group

Rio Rancho, NM(505) 295-2267

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Standard Solar

Rockville, MD(888) 474-3843

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Pivot Energy

Denver, CO(888) 734-3033

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Unirac

Albuquerque, NM(505) 242-6411

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

TESLA

Palo Alto, CA(888) 765-2489

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

SunPeak

Madison, WI(844) 662-2726

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Sunrun

San Francisco, CA(833) 394-3384

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Solar Smart Living

Santa Teresa CDP, NM(915) 400-2995

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

BayWa re Solar Systems

Santa Fe, NM(505) 216-7834

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Enphase Energy

Fremont, CA(877) 797-4743

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Lightsource BP

San Francisco, CA(333) 200-0755

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

RBT Electric

Sacramento, CA(800) 661-5006

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

KGT Renewables

Phoenix, IL

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

SepiSolar

Menlo Park, CA(510) 940-9750

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Ocotillo Solar Electric

Albuquerque, NM(505) 228-8900

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Solon Corporation

Tucson, AZ(520) 807-1300

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Pure Power Systems

Hoboken, NJ(201) 687-9975

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

2SunsSolar

Scottsdale, AZ(480) 462-2100

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Adopt-A-Contractor

Miami, FL

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Affordable Solar

Albuquerque, NM(505) 305-0278

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

African Energy

St. David CDP, AZ(520) 720-9475

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Consulting on all things solar related.

Akari Energy

Houston, TX(833) 282-5274

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Apex Solar Solutions

Denver, CO(877) 899-8434

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Apricot Solar

Las Vegas, NV(833) 897-1801

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Arcadia Solar

Phoenix, AZ(602) 368-1202

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Arizona Wholesale Solar

Mesa, AZ(480) 200-4486

Services

  • Installation of solar arrays.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

BS Global

Plano, TX

Services

  • Installation of solar arrays.
  • Auditing of energy requirements for independent energy generation.
  • Expertise in consulting on advantageous financing for solar.

Blue Hammer Solar

Dallas, TX(844) 426-6375

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Cleanleaf Energy

Irving, TX

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

DAC PV

El Paso, TX(915) 257-9294

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Consulting on all things solar related.

dGEN Energy Partners

Sheridan, WY(787) 806-5569

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

DSD Renewables

Schenectady, NY(518) 949-0165

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

ECC Solar - Energy Concepts Corporation

Las Vegas, NM(505) 454-0614

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Elysium Solutions

Silver City, NM(855) 720-2699

Services

  • Installation of solar arrays.
  • Monitoring of independent energy generation.
  • Consulting on all things solar related.

EnerG

Dallas, TX(469) 715-4407

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

ESA

Maitland, FL(407) 232-7440

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

EverBright

Juno Beach, FL(833) 830-0475

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Everguard Solar Energy

Albuquerque, NM(505) 242-6511

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Facility Solutions Group

Albuquerque, NM(877) 291-3058

Services

  • Installation of solar arrays.
  • Auditing of energy requirements for independent energy generation.
  • Consulting on all things solar related.

GoodLeap

Roseville, CA(844) 562-6725

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Green Home Systems

(888) 721-7374

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

GreenStruxure

Andover CDP, MA(978) 735-1908

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Illuminare Energy

Altamonte Springs, FL(407) 565-8775

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Ion Solar

Albuquerque, NM(888) 781-7074

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

iVee League Solar

Las Cruces, NM(575) 237-1930

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

J&B Solar

Melbourne, FL(321) 735-4363

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

LGCY Power

Lehi, UT(855) 282-1750

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Consulting on all things solar related.

Lumio

Lehi, UT(888) 586-4649

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Monalee

Boston, MA(844) 666-2533

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Neosun Energy

Burbank, CA(310) 800-2441

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

MARS Energy

Rocklin, CA(833) 663-9496

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

NextEra Energy

Juno Beach, FL(561) 691-7171

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Solar systems for selling electricity back to the grid.

Nexus Energy Systems

Albuquerque, NM(866) 334-6639

Services

  • Installation of solar arrays.
  • Monitoring of independent energy generation.
  • Consulting on all things solar related.

Number One Plumbing

Albuquerque, NM(505) 999-9567

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

O3 Energy

Dallas, TX(888) 999-2902

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for independent energy generation.
  • Expertise in consulting on advantageous financing for solar.

Paradigm Shift Solar

Beverly Hills, CA(323) 967-8530

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Paxton Energy

Los Angeles, CA(818) 280-3973

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Pearce Services

El Paso de Robles (Paso Robles), CA(805) 467-2528

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Solar systems for selling electricity back to the grid.

Poulin Solar Pro

Albuquerque, NM(505) 322-2221

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Power Solar

Campbell, CA(844) 869-7693

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Project Solar

Lehi, UT(801) 895-2646

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Rhino Energy Solutions

Edmond, OK(405) 314-9367

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Select Solar

Los Alamos CDP, NM(505) 661-9614

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Everbright

(877) 425-5201

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

SkyFi Solar

Chicago, IL(800) 485-3173

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Smart Solar Pros

Austin, TX(210) 570-7677

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Smooth Solar Power

Dallas, TX(866) 210-6654

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Soar Energy Solutions

Phoenix, AZ(800) 971-3361

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Sol Sister Solar

Albuquerque, NM(505) 226-5520

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Solar AI

Mesa, AZ(480) 524-1278

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Solar Direct

Sarasota, FL(941) 359-8228

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Solar Works Energy

Albuquerque, NM(505) 348-5571

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Solar-Link

Nacogdoches, TX(936) 800-2010

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

SOLARIT

(855) 917-6527

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.

solarXperts

Concord, CA(833) 699-7378

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Soligent

Dallas, TX(800) 967-6917

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Source Energy

Walnut Creek, CA(925) 319-6634

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Sunfire Solar

Las Cruces, NM(575) 571-4269

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Sunforce Solar

Las Cruces, NM(575) 652-6806

Services

  • Installation of solar arrays.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.

Sunshine City Solar

El Paso, TX(915) 465-4475

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

SunState Solar

(505) 225-8502

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

SunWize Power & Battery

Albany, OR(866) 827-6527

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Consulting on all things solar related.

Switch Solar

Orlando, FL(833) 776-5271

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Synergy

Plymouth CDP, MA(800) 570-7166

Services

  • Installation of solar arrays.
  • Consulting on all things solar related.

Thrive

Irvine, CA

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

URJAGRID

Fremont, CA

Services

  • Installation of solar arrays.

Volta Solar

Rancho Cordova, CA(916) 861-7800

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

VTL Energy

Orlando, FL

Services

  • Installation of solar arrays.

New Mexico Solar Panel Cost FAQs

  • In February, 2025, the typical price per watt for solar panels in New Mexico is $3.84/W. The approximate cost of a 5 kW solar panel system in New Mexico, after deducting federal tax credits, is $13,440.
  • New Mexico offers 14 different rebates and incentives from a range of utilities and government organizations. On top of that, most individuals are eligible for the 30% federal income tax credit.
  • Even though cash payments provide the greatest savings, many financing options for solar panels today are also cost-effective. Financing options are frequently available through installers and will be detailed in your initial quotes.
  • Yes, homeowners in New Mexico generally see a payback time of 11 years for 5 kW solar panel systems, with electricity savings averaging $10,030.47 over a 20-year period.
  • While there is no program in New Mexico that pays residents for solar panel installations, the 30% federal income tax credit is available to all U.S. residents.
  • In New Mexico, free solar panel programs are not available, but the 30% federal income tax credit, which is available to most US citizens, provides a significant reduction in installation costs.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2025-02-04