New Mexico Solar Panel Incentives
The state of New Mexico has some of the coolest place names (Truth or Consequences? Cloudcroft? Silver City? Come on man) in the country, and some of the most progressive solar policies of any state. Letâs take a look at some of the many reasons you might consider going solar in the land of enchantment:
Solar panels in NM are maybe a little cheaper than in most parts of the country at $2.40 - $2.70 per watt. Solar panels are typically sold in 250 watt increments, so they cost something like $600-675, and a normal home needs somewhere between 20 and 28 panels to be fully self-sufficient from the grid. All in all, your panels are going to cost between $12,000 and $19,000, but there are numerous incentives and rebates in place that reduce this cost by potentially thousands of dollars.
When we speak about âpayback periodsâ weâre talking about how long it takes for solar panels to pay for themselves, via rebates, incentives, PBIS, SRECs and all those other fun programs. New Mexico has a pretty quick turnaround period of 10 to 10.5 years, which is faster than about half the other states in the country. And after those panels have paid for themselves? Youâre essentially putting money in your pocket each month with the energy you generate for free and the power your put back into the grid to receive credits toward future bills.
Why go solar in New Mexico?
So for the purposes of this article, weâre just going to look at some of the top solar companies in the state of New Mexico, but by no means are we trying to provide a comprehensive list. Keep in mind when trying to find a solar installer that many companies will be willing to travel a long way, perhaps across the state.
Company: Affordable Solar
Address: 4840 Pan American, Albuquerque, NM 87109
How much do Solar Panels cost in New Mexico?
Years in Business: 23
Website:Â affordable-solar.com/
Reviews: 4.6 / 5 Solar reviews (79 reviews), 4 / 5 Yelp (14 reviews), 4.8 / 5 Angi (39 reviews), 4.6 / 5 Birdseye (182 reviews), 4.5 / 5 Facebook (61 reviews)
What is the âpaybackâ period in New Mexico for Solar Panels?
Business Quote: Affordable Solar currently employs more than 50 people and, based off of Davidâs entrepreneurial spirit, continues to be innovative and on the cutting-edge in the solar PV industry.
The Good: Great review and a whole lot of them to look at, no BBB complaints, great website
The Bad: I can find nothing bad to say about this business
Solar Companies in New Mexico
Summary: This company looks to be on the ball in every way imaginable. I canât find anything negative to say about them. They appear to be based in Albuquerque, but have a considerably large coverage area that seems to cover most of the state. So by all means, take a look at these people if you are considering a solar installation anywhere in the state.
Company: Solar Works Energy
Address: 500 Marquette Ave NW, Albuquerque, NM 87102
Final Word:
Years in Business: 6
Website: solarworksenergy.com
Reviews: 5 / 5 Yelp (1 review), 4.5 / 5 Birdseye (84 reviews), 4 / 5 Facebook (10 reviews)
Business Quote: olar Works Energy is committed to offering the best product and the best experience to our customers in the industry. Please see our extensive customer reviews on Google and give us a call to see exactly what solar can do for you.
The Good: Great website, lots of FAQs and videos, positive reviews, no BBB complaints.
The Bad: 6 years in business, a handful of really bad reviews about them out there.
Summary: Solar works seems to be an up and coming company. They have a good web presence and a big coverage area that goes all the from way Texas to Utah, so if youâre anywhere in northern New Mexico theyâll likely come to you. There are a few really ugly reviews out there about them however, so itâs possible their aftercare isnât all that good. But by all means, check them out and make your own decision.
Company: Poulin Solar Pro
Address: 8600 Pan American Fwy NE, Albuquerque, NM 87113
Years in Business: 38 (sort of)
Website:Â https://poulinsolarpro.com/
Reviews: 5 / 5 Yelp (1 review), 4.7 / 5 ChamberofCommerce.com (48 reviews), 4.8 / 5 Birdseye (48 reviews)
Business Quote: Poulin Solar Pro is the #1 Solar Installer in New Mexico*.Solar Pro at the Poulin Design Center is located in Albuquerque and Santa Fe, providing quality solar panel installation. * According to Solar Reviews, the nationâs leading, independent source for solar companies.
The Good: Lots of good reviews, 38 years in the business
The Bad: A few complaints with the BBB
Summary: A lot of years in business, Poulin appears to have started a solar division at some point. They have a lot of really good reviews and thereâs virtually nothing negative out there about them.
Company: Amenergy
Address: 3212 Richards Ln, Santa Fe, NM 87507
Years in Business: 12
Website:Â https://www.amenergynm.com/about-us
Reviews: 2.6 / 5 Birdseye (5 reviews), 5 / 5 Facebook (2 reviews)
The Good: Very nice website
The Bad: Not a lot of reviews available out there, and half of them are arenât good.
Summary: The majority of the big solar companies in New Mexico seem to be based in Albuquerque, but Amenergy seems to be based in Santa Fe. They have 12 years in the business, but hardly any web presence. Their reputation isnât immaculate at this point but the company may be good. Just check them out thoroughly before taking the plunge.
New Mexico has some of the best and most incentives for going solar. The state itself is pushing hard for its residents to get into the solar business, and if youâre financially able to make a long term commitment, your panels can pay for themselves in a fairly short amount of time. So if youâre considering going solar, this is one place where you wonât regret it.