Ap new mexico will reinstate a tax credit for households and businesses that adopt solar energy systems and take new steps to modernize the electric grid and export more.
Solar panels new mexico.
1 we recommend with a qualified tax professional before going solar.
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.
Solar panel cost data new mexico 2020.
Below you can compare the prices and reputations of solar installers solar panel manufacturers and other solar energy companies servicing new mexico today and learn how to select the best one.
How much do solar panels cost in new mexico.
There are currently 57 solar energy companies operating in new mexico.
How long does it take to earn back your initial investment in solar panels.
2 you may also qualify for property tax exceptions and other state and local incentives.
On a cost per watt w basis a solar panel installation in new mexico ranges in price from 2 79 to 3 77.
Best solar companies in nm for 2020 there are plenty of solar companies out there check out this updated ranking for the top rated solar installers in the state of new mexico based on shopper preferences.
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In the state of new mexico the average cost of solar panel installation ranges from 13 940 to 18 860.