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Solar in Santa Fe, New Mexico

Local costs, incentives and best installers

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What to expect
Avg. electric rate
$0.14/kWh
Sun hours
6.3
Typical system size
7.0 kW
Estimated net cost
$13,475
$NetCost = $SystemCost × 0.70$
Estimated annual savings
$1,803
$AnnualSavings = AnnualKWh × Rate$
Estimated payback
7.5 years
$Payback = \frac{Net\ Cost}{Annual\ Savings}$

Best companies in Santa Fe

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Incentives in New Mexico

  • Federal ITC (30%)

    30% tax credit applies to eligible costs. Consult your tax advisor.

    Learn more