← All States
NM

New Mexico Solar Incentives

6.4 sun hours/day · Avg payback: 7 years

FEDERAL — Available in all states

Federal Investment Tax Credit (ITC)

Deduct 30% of your total solar installation cost from your federal income taxes. Valid through December 31, 2032.

30%
of system cost
Example: $20,000 system → $6,000 federal credit
State Tax Credit

New Mexico 10% Credit

10% of installation cost, up to $9,000.

10%max $9,000
Net Metering

✓ Available

New Mexico has net metering — export excess solar power to the grid for bill credits.

Utility Rebates

✓ Available

Some utilities in New Mexico offer solar rebates. Check your specific utility provider.

About Solar in New Mexico

10% state tax credit up to $9,000 total over 4 years. Excellent sun hours.

$13,000
Avg System Cost (5kW)
$112
Avg Monthly Bill
6.4h
Sun Hours/Day
85/100
Incentive Score

Calculate Your New Mexico Solar Savings

Calculadora de Ahorros Solares

Estima tu costo neto después de todos los incentivos disponibles

Solar Installers Serving New Mexico

Elevation Solar

★★★★★4.5 (8,000 reviews)

Elevation Solar specializes in residential solar installation across the Southwest, known for competitive pricing and customer service.

Warranty

25 years

In Business

10 years

Financing Options

PurchaseLoan

States Served (6)

AZ, NV, TX, CO, NM, UT

Visit Website →
🌞

ION Solar

★★★★4.4 (12,000 reviews)

ION Solar is a fast-growing residential solar installer focusing on quality installations with strong customer support and competitive pricing.

Warranty

25 years

In Business

8 years

Financing Options

PurchaseLoan

States Served (10)

TX, CA, AZ, NV, CO, UT, NM, FL, NC, GA

Visit Website →
🛡️

ADT Solar

★★★★4 (18,000 reviews)

ADT Solar (formerly Sunpro Solar) leverages ADT's trusted brand to offer residential solar and battery backup systems nationwide.

Warranty

25 years

In Business

8 years

Financing Options

PurchaseLoan

States Served (16)

TX, FL, GA, NC, SC, AL, TN, LA, MS, AR +6 more

Visit Website →

⚠️ Los datos de incentivos pueden cambiar. Verifica con fuentes oficiales antes de la instalación. Esta calculadora proporciona estimaciones. Consulte a un instalador solar y asesor fiscal para cifras exactas.

💬Feedback