Nm Solar Panels

In the state of new mexico the average cost of solar panel installation ranges from 13 940 to 18 860.

Nm solar panels.

New mexico s local solar guys we are a company that has one mission. 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. 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. 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. 10 best solar companies in albuquerque 2020 updated. How much do solar panels cost in new mexico in 2020. As of september 2020 the average solar panel cost in las cruces nm is 3 15 w.

The most significant incentive to install solar panels in albuquerque is the 26 federal tax credit. We can install on pitched roofs flat roofs shingle roofs metal roofs tile roofs but we can also construct ground mounted solar systems. Albuquerque is a great place to go solar. You re probably using pnm as your utility.

As of september 2020 the average solar panel cost in new mexico is 3 28 w. Compare the prices and reputations of solar installers solar panel manufacturers and other solar energy companies servicing albuquerque. 6 of total energy must be produced from small scale installations for example your home as opposed to giant power plants or commercial installations. New mexico calls for 4 of new mexico s rps to be met by solar panel installations.

How long does it take to earn back your initial investment in solar panels. The combination of pnm s net metering program and the abundant sunshine in new mexico helps make solar a great investment. And if that s not enough. We will travel almost anywhere in the state to do this.

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. This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt.