Nm Solar Panels

Federal solar tax credit itc all of the new mexico solar incentives are great for reducing your solar costs but you can t forget about the federal investment tax credit itc.

Nm solar panels.

New mexico s local solar guys we are a company that has one mission. As of september 2020 the average solar panel cost in new mexico is 3 28 w. As of september 2020 the average solar panel cost in las cruces nm is 3 15 w. 6 of total energy must be produced from small scale installations for example your home as opposed to giant power plants or commercial installations.

We will travel almost anywhere in the state to do this. The combination of pnm s net metering program and the abundant sunshine in new mexico helps make solar a great investment. As of sep 2020 the average cost of solar panels in new mexico is 2 44 per watt making a typical 6000 watt 6 kw solar system 10 838 after claiming the 26 federal solar tax credit now available. We can install on pitched roofs flat roofs shingle roofs metal roofs tile roofs but we can also construct ground mounted solar systems.

Given a solar panel system size of 5 kilowatts kw an average solar installation in las cruces nm ranges in cost from 13 388 to 18 112 with the average gross price for solar in las cruces nm coming in at 15 750. Given a solar panel system size of 5 kilowatts kw an average solar installation in new mexico ranges in cost from 13 940 to 18 860 with the average gross price for solar in new mexico coming in at 16 400. On a cost per watt w basis a solar panel installation in new mexico ranges in price from 2 79 to 3 77. New mexico calls for 4 of new mexico s rps to be met by solar panel installations.

And if that s not enough. With the itc you can claim 26 percent of your solar equipment and installation costs on your federal taxes which means even higher solar savings. Albuquerque is a great place to go solar. How much do solar panels cost in new mexico in 2020.

How long does it take to earn back your initial investment in solar panels. Do as much solar the right way in new mexico. Compare the prices and reputations of solar installers solar panel manufacturers and other solar energy companies servicing albuquerque. 10 best solar companies in albuquerque 2020 updated.

This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt. In the state of new mexico the average cost of solar panel installation ranges from 13 940 to 18 860.