Maximize Savings with
Solar in New Mexico
Clean Power, Lower Costs, and Big Incentives!
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When it comes to annual sunshine hours and solar energy potential, New Mexico ranks among best. At number 14, it is in the top half of all states for the generation of solar electricity, so it is not an exception to the trend of solar installations becoming more and more popular in recent years. New Mexico offers extra benefits to significantly offset the upfront expenses of the solar system, even if the return on investment in solar energy relies on how much sunlight your home receives and your energy usage habits. New Mexico has an average electricity price of 14.03 cents/kWh, according to the latest data from the U.S. Energy Information Administration. Considering this tariff, 11,000 kWh of solar generation can save you up to $1,543 per year.
For many people, going solar in New Mexico is a wise investment because of policies like net metering, sustainable building tax credits, property tax exemptions, and state solar tax credits in addition to the federal solar tax credit. Let’s have a look at the solar incentives in New Mexico to reduce the upfront cost of installing solar and make solar energy affordable for New Mexicans.
New Mexico Solar Incentives
If you live in New Mexico, you may take advantage of several incredible rebates that can significantly increase the return on your solar panel investment. Also, these tax credits are among the most effective methods to reduce your solar energy expenses.
Residential Clean Energy Credit
Solar Market Development Tax Credit
Sustainable Building Tax Credit (SBTC)
New Mexico Solar Property Tax Exemption
Net Metering in New Mexico
Solar SME Installation Services in New Mexico
Ready to switch to solar and take advantage of New Mexico’s incentives and rebates? Solar SME is your local solar partner to answer your questions, guide you through the process, and help you make the most of your solar investment.
Explore your Solar Savings in New Mexico!
Frequently Asked Questions
You should know how much energy your household uses on average each day before switching to solar power. You should also research the type of solar panels you will need, as high-efficiency solar panels will produce more energy each day, and you can store that energy in a home battery backup if necessary.
Efficiency, yield, warranty options, durability, and aesthetics (which may involve your Homeowners Association) are all important factors to take into account before investing in a solar panel system. We offer highest quality panels and accessories that are covered by performance, product, and workmanship warranty.
Efficiency, yield, warranty options, durability, and aesthetics (which may involve your Homeowners Association) are all important factors to take into account before investing in a solar panel system. We offer highest quality panels and accessories that are covered by performance, product, and workmanship warranty.
It’s essential that you consider your roof’s dimensions, shape, and slope. Although other roofs might work, south-facing roofs with a slope of 15 to 40 degrees are usually the ideal for solar panels. The age of your roof and when it will need to be replaced should also be taken into account.
Indeed, a house can be powered entirely by solar energy with a home solar panel system that also includes a battery backup. You could easily produce enough energy to power your house and everyday necessities with high-quality solar panels and a high-quality battery.
