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Free Solar Panels In New Mexico

New Mexico

 

Solar Power Companies in New Mexico

$0 Down Solar Leasing is available through SolarCity.

SunRun does not operate in New Mexico.

SolarCity does operate in New Mexico

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New Mexico at a glance

Electricity use in New Mexico

$76.56    This is the average residential electric bill in New Mexico.

$33.64     This is the amount New Mexico pays below the national average.

$11.68     This is the average cost of electricity in New Mexico.

$0.44     This is how much New Mexico is below the national averaged cost for electricity.

 

Sunshine in New Mexico

76%     of all days are sunny in New Mexico.

46%    of all sunny days that do not have clouds.

14:31   this is the longest day in New Mexico.

9:47    this is the shortest day of the year for New Mexico

Solar power incentives in New Mexico

Does New Mexico have a RPS?

YES, New Mexico has a renewable portfolio standard set in place.

Does New Mexico participate in the SREC market?

NO, New Mexico does not have a SCREC market place.

Does New Mexico allow trading into other SCREC markets?

NO, New Mexico does not trade in any way with the SCREC trade.

Does New Mexico offer a state tax credit for solar power?

YES, New Mexico has a tax credit for going with solar power.

Is there a state sales tax exemption in New Mexico for solar power?

YES, New Mexico has a sales tax exemption for solar power s system.

Does New Mexico offer a property tax exemption for solar energy?

YES, New Mexico does have a property tax exemption for solar power systems.

Does New Mexico offer a Feed-in Tariff?

NO, like most places in the US New Mexico does not offer any type of Feed-in Tariff.

Does New Mexico offer Net Metering?

YES, in New Mexico there is the option for Net Metering.

 

FEDERAL GOVERNMENT SOLAR POWER INCENTIVES

Again as in all 50 states there is the 30% federal tax credit.

 

Are there additional renewable energy incentives New Mexico?

YES, there are a number of other solar power and renewable energy incentives in New Mexico, you can find out more at dsireusa.org