New Mexico is a leader in solar energy. The Solar Rights Act of 1977 says that everyone in the state has the right to use solar energy. No matter if you live in Las Cruces, Albuquerque, Santa Fe, Rio Rancho, or somewhere in between, there is plenty of sunshine.
The team at This Old House Reviews looked into the best solar companies in the United States. They looked at their services, prices, warranties, and more. This article lists the top solar companies in New Mexico.
Solar company:
ADT Solar
read our review
Solar company:
NM Solar Group
read our review
Solar company:
OE Solar
read our review
Solar company:
Solar Works
read our review
Solar Incentives in New Mexico
There are many state and federal programs that help pay for the cost of installing solar panels. Here are the solar rebates and incentive programs that New Mexico residents can take advantage of right now.
- Federal Solar Tax Credit: The federal solar tax credit, also called the Solar Investment Tax Credit (ITC), gives a 30% tax break on the cost of installing a solar system. In 2033, the ITC will be 26%, and in 2034, it will be 22%. It will run out in 2035.
- Net-metering: With net-metering, you can get a credit on your energy bill for energy that your solar power system doesn’t use. Unused credits roll over from month to month and are paid back to you at the energy rate of the utility company if they are not used.
- The state of New Mexico Access to Solar Easements and Rights: In 1977, the Solar Rights Act in New Mexico made the right to use solar energy a property right. This keeps your neighbors from building, planting, or putting up anything that would block your view or make it harder for you to get sunlight. Even though you can’t cash in on this incentive, it makes sure that your solar investment is safe and will continue to make your home more valuable.
- Residential solar systems don’t have to pay property tax. Most home improvements in New Mexico are taxed, but solar energy systems are an exception. This means that you can improve your home without making your property taxes go up.
Our Conclusion
The best company to install solar panels for you depends on your budget, your home, and how much energy you use. Sunrun is our top choice because it has a variety of ways to pay, offers full protection, and has great customer service. We suggest getting a free quote from at least three of the companies on our list so you can accurately compare prices and services.
