As the state passed its own state-level legislation to deliver solar electricity and energy bill savings to low-income consumers, New Mexico joined a six-state pilot program for community solar that was established by the federal government.
With the help of solar community projects, power consumers who rent their houses or cannot afford to install their own solar installations can access “solar gardens”—installations that are less expansive than utility-scale solar farms but have the capacity to serve numerous customers at once.
The Community Solar Act, which was approved in New Mexico in 2021, instructed the state’s Public Regulation Commission to draft rules to authorize the idea there.
Governor Michelle Lujan Grisham has called on the state to reduce its dependency on oil and gas, fulfill climate change targets, and reduce pollution. State authorities wanted to do this by expanding the use of renewable energy in New Mexico. Further, we will name the top solar companies in New Mexico that offer renewable energy.
NM Solar Group review
NM Solar Group
Our number one choice on the list of the top solar companies in New Mexico is NM Solar Group. NM Solar Group is a locally owned and indigenous solar enterprise. Over 500 households have benefited from NM Solar Group’s assistance since it was founded in 2015 by Ryan Wallace. Since then, it has established offices in El Paso, Alamogordo, and Las Cruces, New Mexico. It is always growing to serve New Mexico and the nearby towns better.
Custom solar panels is what it provides to both households and businesses. It is a native New Mexican team of professionals. Therefore they are familiar with the distinctive roofing designs seen here. They offer many mounting options that can be used with any installation, including flat and tile roofs! Additionally, their knowledgeable personnel can build suitable ground-mounted solar power systems.
The goal of NM Solar Group is to implement as many solar power systems as possible in a responsible manner. It is pleased to service El Paso as well as the entirety of New Mexico. It takes great delight in offering top-notch customer service out there.
Once a client, you will always be a client. It will continue to assist your solar requirements for the duration of the life of your system as your chosen solar partner. The company is pleased to be working with and for New Mexicans. It is eager to see what the future holds.
OE Solar
The company has put a lot of effort into creating an outstanding culture since its establishment in 2009. The staff comprises top talent who carry out projects effectively and honestly. It has been listed among the top companies in New Mexico for more than five years. The company’s key characteristics are reliability and professionalism. So, it will carefully supervise and install your solar panels.
One of its services is assisting you in selecting the best financial fit for your house or company. Additionally, you may join up for a solar community program, a Power Purchase Agreement, or a low-interest solar loan. These choices reduce your monthly expenses while also being environmentally friendly.
With a solar loan, you can lower your loan payments by using your solar tax credits during the first 24 months of the loan. You may purchase solar panels using Power Purchase Agreements with no out-of-pocket costs. Businesses without the room to build their own solar power systems may profit from community solar solutions. OE Solar provides a solution for your business no matter what the circumstance!
MySolar
MySolar creates and installs high-performance solar panels for every style of roof in New Mexico, whether it be flat, pitched metal, tile, asphalt shingle, or ground mounts. It can get you started saving money and affecting the environment in 3 to 8 weeks, thanks to its experience with local building code compliance and clearance procedures.
Albuquerque is where the corporate headquarters are located. In addition to Bernalillo County, it also installs solar panels in the neighboring cities of Santa Fe, Rio Rancho, Placitas, Belen, Los Alamos, and others. It has the edge over out-of-state suppliers since the company is familiar with New Mexico buildings, particularly flat roofs. MySolar installs the best solar panels, inverters, and other components available, which enables it to provide a 25-year warranty on the complete system. In addition to offering skilled and thorough craftsmanship during the original installation as well as during the lifespan of your system, locally based crews are highly trained and ready to help in whatever it takes.
With MySolar and its solar panels, there is no denying that you can permanently eliminate your power expense and increase the value of your house. It provides local, no-downpayment lending choices that consider your specific needs.
Solar Is Freedom
Since 2011, Solar Is Freedom has been providing service to Ohio, New Mexico, Kentucky, and Indiana. In only 2018 through 2020, it installed more than 1 million watts of household solar power. It can now better serve the regional market because the offices in Louisville, Kentucky, and Columbus, Ohio, have grown.
One thing stands out above all others for Solar Is Freedom: cultivating a solid rapport with the community. It takes part in a variety of community groups and charities and places a strong emphasis on getting client approval for every activity. Understanding that serving the clients with the utmost respect and without any exclusions promotes healthy growth within New Mexico communities has helped it enjoy the quick, organic expansion. Because of this, it uses a two-step, non-obligatory method that is educational in nature. It is aware that solar panels make sense and will save thousands of dollars for more than 80% of the households in the area. Its responsibility is to facilitate the transition to a future powered by renewable energy.
Sunrun
This New Mexico solar company’s online tool makes it easy to customize your solar power systems. Each house is designed to meet the customer’s needs but also looks for ways to reduce costs. For example, incentives from your state and net metering can help greatly.
You can select any peripherals you’d like to add at the preparation phase instead. These products include the Brightbox Home battery system, which will either use the Tesla PowerWall or LG ChemSystem energy storage device. The company also offers the Ford Connected Charge Station for electric vehicles (EVs).
The company is proud to offer our customers comprehensive and ten-year coverage that includes all system repairs, free equipment replacement, free parts and labor, and guaranteed watertight roof penetrations.
What Are New Mexico’s Solar Incentives?
The majority of people understand that going solar will ultimately save them money, but some also think it will cost a lot up front, which is untrue! Now that there are local financing options available, switching to solar doesn’t cost anything upfront, and you can start saving right away. Installing solar panels on your house is a terrific investment, both financially and ecologically, whether you decide to pay cash upfront or finance your system.
New Mexico is a fantastic location to put solar panels due to its abundant sunlight and excellent solar incentives. Whether you decide to buy your solar power system outright or finance it, you are making a wise choice to simply pay less for something you are already buying (electricity). Solar energy systems may raise the value of your house in addition to saving you money. It’s a terrific spot for solar in New Mexico because of all the solar subsidies and incentives available; there’s a reason the sun is on our state flag!
What Is Net Metering in New Mexico?
You want to be sure you receive credit for the power your system produces when you install solar panels on your roof. Fortunately, New Mexico has a net metering regulation that allows you to receive credit for the additional electricity your system generates and utilize those credits when it doesn’t produce enough power (think of it like roll-over minutes). In New Mexico, net metering programs are provided by PNM, Central New Mexico Electric, Mora-San Miguel, Los Alamos County, and a number of smaller regional co-op utilities.
What Is New Mexico’s Solar Tax Credit?
The 2020 New Mexico Legislature was enacted, and Governor Michelle Lujan Grisham signed the “New Mexico Solar Tax Credit,” also known as the New Mexico Solar Market Development Tax Credit.
With a savings value of up to $6,000, this measure offers a 10% tax credit for solar energy installations. The measure specifies that to qualify for this non-refundable tax credit, a business or homeowner must acquire and install a solar energy system on or after March 1, 2020. The $12 million yearly quota for the solar tax credit is given out first come, first served. Don’t put off starting your solar project with these New Mexico solar companies.
