- Max. panel efficiency
- 22%
- Workmanship warranty
- 10 years
- Year founded
- 2007
Best Solar Companies in New Mexico
- Top overall Sunrun4.2(3,062)
- Long-term savingsGreen Home Systems3.0(54)
- DIY projectsShopSolar4.7(159)
+1 more
Best Solar Companies in New Mexico
If you’re ready to go solar in New Mexico but aren’t sure where to start, you’re not alone. We’re here to help you compare your options and get the best deal.
Our top solar company picks
- Our top pick overall: Sunrun
- Our pick for long-term savings: Green Home Systems
- Our pick for DIY projects: ShopSolar
To select the top picks for this guide, the ConsumerAffairs research team compared popular solar companies on ratings and reviews, equipment options, warranties, availability and other factors. Our picks may be Authorized Partners that compensate us — this does not affect our evaluations but may impact the order in which companies appear. Read our full methodology for all the details on how we make solar company recommendations.
- Our recommendations are based on what reviewers say.
- 4,593,571 reviews on ConsumerAffairs are verified.
- We require contact information to ensure our reviewers are real.
- We use intelligent software that helps us maintain the integrity of reviews.
- Our moderators read all reviews to verify quality and helpfulness.
Company | Customer rating | Our pick for | Pro install | Max. panel efficiency | Panel warranty | Payment options | In-house financing | Year founded | |
---|---|---|---|---|---|---|---|---|---|
4.2
3,062 reviews
3,062 reviews
| Top overall | 22% | Varies | Cash, loan, lease | No | 2007 | Get Started | ||
3.0
54 reviews
54 reviews
| Long-term savings | 20% | 25 years | Cash, loan | Yes | 2017 | Learn more | ||
4.7
159 reviews
159 reviews
| DIY projects | Varies | Varies | Cash, loan | No | 2018 | Learn more |
The best solar companies, reviewed
- Max. panel efficiency
- 20%
- Workmanship warranty
- 25 years
- Year founded
- 2017
- Max. panel efficiency
- Varies
- Workmanship warranty
- Varies
- Year founded
- 2018
New Mexico solar panel buyers guide
Our team has talked to thousands of solar customers across the country. Here’s what to expect and what to look out for when buying solar panels in New Mexico.
A typical residential solar panel installation costs $24,571 in New Mexico.
Jump to insightThe federal investment tax credit (ITC) is the best financial incentive for most homeowners buying solar panels in New Mexico.
Jump to insightWatch out for door-to-door solar scams that attempt to gather your personal information, false advertising and aggressive sales tactics.
Jump to insightWhat to look for in a solar company in New Mexico
In our experience, the best solar energy companies have a few things in common: great reviews, transparent contracts, reliable equipment and comprehensive warranties. Look for companies with plenty of experience installing solar panels in New Mexico. It makes it easier to navigate regulations, permits and available financial incentives.
- Check certifications: Look for companies with NABCEP-certified installers. This shows you the company takes its business seriously. New Mexico solar installers also must be licensed electricians.
- Read reviews: Research the company's track record and read reviews. Look out for red flags — complaints about misleading sales tactics, equipment failures, billing issues and lack of communication are common themes in negative solar company reviews.
- Get quotes: Get multiple quotes from different solar companies to compare prices and services. Be cautious of companies that provide significantly lower estimates than others — this may indicate lower quality.
- Ask questions: Consider if you want a solar storage battery, electric vehicle (EV) charger or a monitoring system to ensure optimal output. It’s also smart to ask about critter guards in New Mexico.
- Read the fine print: Carefully review proposals and financials, understand legal considerations, and ask about maintenance before signing an agreement with any solar company. If you don’t understand something about the payment terms, warranty or ongoing services, ask.
Solar panels last a long time — you want to hire a well-established company that will still be around for system support for at least 25 years.
» TIPS: Get the best solar quotes
How much does it cost to go solar in New Mexico?
You can also lease a system with little upfront cost, but you aren't eligible for the ITC.
Average solar panel costs in New Mexico range from $10,955 to $31,300. This doesn’t include a solar storage battery, which sometimes costs as much as the panels.
The size of your solar panel system is a big factor in your total cost. It also depends on what incentives you’re eligible for, the condition of your roof and how much sunlight exposure it gets. A typical New Mexico household needs a system with a capacity of 7.85 kW to offset enough energy costs to make solar viable. Depending on your household energy usage, you might need a smaller or larger system.
Average solar installation cost by system size in New Mexico
5 kW | 6 kW | 7 kW | 8 kW | 9 kW | 10 kW | |
---|---|---|---|---|---|---|
Before federal tax credit | $15,650 | $18,780 | $21,910 | $25,040 | $28,170 | $31,300 |
After federal tax credit | $10,955 | $13,146 | $15,337 | $17,528 | $19,719 | $21,910 |
How can I pay for solar panel installation?
Getting solar panels is similar to buying a car. You could pay cash, but many people finance their system through a solar loan. If you have enough savings to pay upfront, the biggest advantage of paying upfront interest charges. Leasing solar equipment is an attractive option for people who don’t want to get a loan or be responsible for maintaining a system.
Solar panels are designed to last 25 to 30 years.
New Mexico also has legalized power purchase agreements (unlike many other states). PPAs work very similarly to leases. The biggest downside to both is that you’ll be disqualified from many of the best financial incentives, like the 30% federal solar tax credit. It also might make your house harder to sell, since a new buyer will have to take over the lease agreement.
» SOLAR PANELS: Lease vs. buy
Solar incentives in New Mexico
Residents may take advantage of several solar incentives in New Mexico. There’s also a statewide net metering, which compensates eligible residents for electricity they send to their local power grid.
The federal solar investment tax credit (ITC) is still the biggest factor in reducing the cost of going solar in New Mexico. ITC credits 30% of the system’s total cost — including equipment, labor and permits — toward what you owe on federal income taxes.
The ITC drops to 26% in 2033 and then 22% in 2034.
For example, if you spend $10,000 installing a solar panel system, the ITC is worth $3,000. If you owe $15,000 in taxes, the ITC reduces what you owe to $12,000. You don’t get these benefits automatically, though. You have to claim your solar equipment, labor and permits on your federal taxes for the same year you started using your system on Form 5695.
Are solar panels worth it in New Mexico?
For a lot of homeowners, solar is worth it in New Mexico for the long term savings on energy bills. On average, homeowners can avoid $68,335 in total utility costs over 25 years.
One resident, Benjamin in Albuquerque, appreciates the steady monthly payments. Similarly, Mary in Albuquerque recommends solar: “It saves money. It's good for the environment. It's totally worth it,” she told us.
Homeowners with solar panels typically save $20,000 to $90,000 over 25 years.
However, Mary mentioned it might make your house harder to sell: “In New Mexico, they're not big solar people, so, it was very hard to get any buyers to understand the value of it. So there needs to be a lot more consumer education in places like that. If anything, it was a negative for potential buyers,” she told us.
Your current electric bill is the starting point for assessing your potential savings with solar. The return on investment of a solar panel installation also depends on the efficiency and size of your system. Assuming an upfront purchase, it takes about 6 years to break even (when your savings with solar panels make up for the cost).
» STILL NOT SURE? Solar energy pros and cons
FAQ
How do I know if my house is a good candidate for solar?
Plenty of unshaded roof space that faces south or west is best for optimal sun exposure. Solar photovoltaic (PV) technologies, more commonly known as solar panels, absorb sunlight and convert it into usable electricity. If you have a lot of shading around your house, they might not get enough sun to power your home.
It’s also smart to upgrade any old, inefficient appliances first. Reducing your electrical loads now means you can get a smaller system, which will be cheaper.
Use NREL’s PVWatts Calculator to estimate how much electricity a solar panel can produce over a year on your house — just type in your address. Project Sunroof is a free solar savings estimator powered by Google Earth imagery.
Should I replace my roof before installing solar panels?
As a rule of thumb, if your roof is more than 10 years old, consider fixing it before going solar. Installing solar panels on an old roof might mean you have to remove the panels, replace your roof and then reinstall the panels. This will cost around $5,000 for a 19-panel setup.
» SHOULD YOU: Replace your roof before going solar?
Can I get free solar panels in New Mexico?
We are not aware of any legitimate programs for free solar panels in New Mexico. However, you can lease a solar energy system with little to no upfront costs. Just look out for scams that promise free solar panels — they can end up costing you quite a bit of money.
» FREE SOLAR PANELS: Are they really free?
Do I really need a solar battery?
A solar battery system protects against fluctuating energy costs and policy changes while maximizing the benefits of your solar panels. As regulations change, batteries can insulate you from unfavorable policies and offer opportunities for future financial benefits, like participating in demand response programs or selling stored energy to the local grid. Solar batteries are also a must if you want real energy independence and essential if you go off-grid.
What is the difference between a solar lease and a PPA?
If you lease a solar system or enter a PPA, you don't own the panels, but you benefit from the cheap electricity they produce. The solar company that owns the system is responsible for maintaining it, so you don't have to worry about ongoing maintenance costs. The key difference is how you pay.
- Lease: Entering a solar lease is basically renting a solar panel system. As with leasing a car, you pay a fixed amount every month over a set period of time, typically 25 years.
- Power purchase agreement: With a PPA, you don't pay a fixed monthly price. You pay for the electricity the panels produce, usually at a fixed rate that’s lower than you would receive without a PPA.
Methodology
The ConsumerAffairs Research Team objectively evaluates solar providers to highlight those best equipped to meet most homeowners' needs. To choose our top picks for this guide, we started with a list of popular providers. First, we narrowed it down to the ones available in New Mexico. We then weighted several key features to get our final rankings:
Reviews, ratings and testimonials: 40%
We analyzed solar company reviews by verified solar customers to gauge real-world satisfaction. Companies with the most positive recent ratings left by local reviewers on our site were given preference.
Equipment selection: 20%
We evaluated each company’s selection of solar panels, storage batteries and inverters. Those with proprietary technology or a wide equipment selection from trusted brands ranked highest.
Warranties: 20%
A long warranty is important — it shows that a company stands behind its products and services. We compared companies on both equipment and craftsmanship warranty terms. All of our top picks for professional installation have warranties or production guarantees of at least 10 to 25 years.
Financing and payment options: 10%
We gave preference to companies that offer multiple payment and financing options for transparent terms and conditions.
Overall reputation: 10%
We considered each company's history, mission and value. Companies with generally positive feedback on our site scored highest in this aspect.
To recap, our top picks for the best solar companies in New Mexico:
- Best overall: Sunrun
- Best for long-term savings: Green Home Systems
- Best DIY equipment selection: ShopSolar
Thanks for subscribing.
You have successfully subscribed to our newsletter! Enjoy reading our tips and recommendations.
Read more New Mexico solar company reviews | ||||||
---|---|---|---|---|---|---|
Buyer's Choice Award
Winner
|
Read 159 Reviews
| Solar energy solutions. Offers solar energy kits, DIY solar kits and lithium batteries. Small- and large-scale equipment. Online purchasing with shipping to 48 states. Partner installer network. Financing and warranty available. | ||||
Read 3,062 Reviews
| Sunrun offers free energy consultations in 20 states. 15 years of experience. Sells and leases customized residential solar energy systems. Solar advisors offer one-on-one consultants to guide you through the details. | Get Started Call Center Open (844) 321-6938 | ||||
Read 54 Reviews
| Solar panel installation. Residential and commercial solar panel projects. Includes 25-year workmanship and product warranty. Batteries available for backup storage. Free quotes by phone or online. Available nationwide. | Chat with a ConsumerAffairs decision guide | ||||
Read Reviews
| Solar installer offering residential solar in four states as well as commercial and agricultural solar in sixteen states. Solar maintenance services also available. Financing available in the form of loans, leases or PPAs. | Chat with a ConsumerAffairs decision guide | ||||
Read Reviews
| Sells DIY solar and wind energy kits. Ships across all of the U.S., except Alaska and Hawaii. Accepts PayPal Credit, Mastercard, Visa, Discover and American Express. Offers products from brands like Briggs & Stratton and Sol-Ark. | Chat with a ConsumerAffairs decision guide | ||||
Area-based solar installer for homes and businesses across the entire United States. Also offers roofing and engineering services. Financing is available through loans. Systems include SunPower components. | Chat with a ConsumerAffairs decision guide | |||||
Headquartered in New York City and London. Performs solar installation services worldwide. Products from SMA, SunPower and Xantrex. Installs building-integrated panels in addition to roof and ground-mounted systems. | Chat with a ConsumerAffairs decision guide | |||||
Commercial and industrial solar, including large-scale projects plus energy audits, EV charging and lighting systems. Offers installations across all 48 states in the U.S. mainland. Products from Schneider Electric and Siemens. | Chat with a ConsumerAffairs decision guide | |||||
Residential and commercial solar panel design, installation and maintenance. Serves worldwide, including Middle East, Asia, Europe and the U.S. Financing options and warranties available. | Chat with a ConsumerAffairs decision guide | |||||
Commercial solar energy system installation plus EV charging across the continental U.S. Other construction-based services include data center construction, electrical engineering, infrastructure development and procurement. | Chat with a ConsumerAffairs decision guide | |||||
Commercial and large-scale solar energy system installations plus HVAC services, refrigeration, LED lighting and battery sales. Serves the U.S. and some international areas. Financing options available. | Chat with a ConsumerAffairs decision guide | |||||
Specializes in commercial, residential and utility-scale solar installations. Services available in Arizona, California, Colorado, Florida, Georgia, Idaho, Mississippi, Nevada, New Mexico, North Carolina, Texas and Utah. | Chat with a ConsumerAffairs decision guide | |||||
Many solar panel brands available. Sells solar panels, backup batteries and solar inverters. Three different financing types offered with multiple lender options. Costs typically range from $8,000 to $32,000. | ||||||
Installs residential, commercial and municipal solar energy systems for consumers in New Mexico. Equipment from Array Technologies, Enphase Energy, GAF Energy, Panasonic, SolarEdge and Unirac. | Chat with a ConsumerAffairs decision guide | |||||
Sells DIY solar kits throughout the U.S. Kits can be ground- or roof-mounted and include well-known brands like Enphase, Sol-Ark, IronRidge and SunSpark. Solar loans are available. | Chat with a ConsumerAffairs decision guide | |||||
Solar parts dealer and installer offering systems for homes, businesses, industrial buildings and cities. Also offers small specialty solar systems. Installations worldwide. Equipment from a variety of manufacturers. | Chat with a ConsumerAffairs decision guide | |||||
Solar installer offering commercial and industrial solar energy systems in 25 U.S. states, including California, New York and Texas. Financing available through a loan, lease or power purchase agreement. | Chat with a ConsumerAffairs decision guide | |||||
Solar installer offering systems for homes and businesses. Also offers small solar for RVs and boats, as well as wind systems. Installs nationwide. Offers products from Enphase Energy, Kyocera, Schüco and Sharp. | Chat with a ConsumerAffairs decision guide | |||||
Specializes in commercial, industrial, governmental and utility-scale solar. Performs large-scale engineering and contracting projects worldwide. Large-scale EV charging station design and implementation. | Chat with a ConsumerAffairs decision guide | |||||
Online solar marketplace. Connects you to solar panel installers and lenders. Online quotes in less than 60 seconds. Nationwide availability. Vetted installer network. Free quotes. Federal tax incentives for panel installation. | Chat with a ConsumerAffairs decision guide | |||||
Solar installer serving homes in El Paso, Texas; Las Cruces, New Mexico; and Phoenix, Arizona. 25-year warranties are available solar energy systems. Financing available in the form of loans. | Chat with a ConsumerAffairs decision guide | |||||
Commercial, institutional, municipal and utility-scale solar energy system installations. Also offers construction services, power distribution, communications infrastructure and transportation contracting throughout the U.S. | Chat with a ConsumerAffairs decision guide | |||||
Residential and commercial solar panel installer offering services across the entire continental United States. Also offers EV charging solutions. Financing options and warranties available. | Chat with a ConsumerAffairs decision guide | |||||
Specializes in commercial and residential solar installations. EV charging station installations available. Offers combined 25-year warranties on all SunPower products. Services available in Arizona, Colorado, New Mexico and Utah. | Chat with a ConsumerAffairs decision guide | |||||
Specializes in commercial and residential solar installations. Finance with capital leases, operating leases or pay upfront. Offers 25-year manufacturer's warranties on products and variable-term workmanship warranties. | Chat with a ConsumerAffairs decision guide | |||||
Commercial and industrial solar installations, specializing in utility-scale installation. Carries JA Solar, LONGi, and SMA components. Founded in 1954. Service available nationwide. | Chat with a ConsumerAffairs decision guide | |||||
Residential, commercial and agricultural DIY solar energy system kits and products shipped across the continental United States. Offers brands like EG4 Electronics and Hoymiles. Schedule a free consultation today. | Chat with a ConsumerAffairs decision guide | |||||
Commercial solar installation and monitoring across the United States. Founded and headquartered in New Jersey. Finance through PPAs or loans. 25-year manufacturer’s warranty on panels. Been in business since 2009. | Chat with a ConsumerAffairs decision guide | |||||
Residential and commercial solar energy system installations as well as plumbing, air conditioning, heating and electrical services in parts of New Mexico. Offers products from Enphase Energy. Get a free quote today. | Chat with a ConsumerAffairs decision guide | |||||
On- and off-grid residential solar panel design, installation, maintenance and repairs plus battery sales and storage. Serves the Albuquerque, New Mexico area. Multiple brands and financing options available. | Chat with a ConsumerAffairs decision guide | |||||
Offers several types of plug-and-play DIY solar kits for homeowners to install without additional labor costs. Shipping throughout the United States. All products come with a 30-day return policy and a minimum one-year warranty. | Chat with a ConsumerAffairs decision guide | |||||
Residential solar installer serving 22 U.S. states including California and Texas. Also serves the territory of Puerto Rico. Warranties available. Offers financing in the form of loans or lease. | Chat with a ConsumerAffairs decision guide | |||||
Residential and commercial solar energy system installation and roofing services for 31 states, including Idaho. Offers 25-year system and 10-year roof warranties. Free estimates available. | Chat with a ConsumerAffairs decision guide | |||||
Residential and commercial solar energy system installations and energy storage in northern New Mexico. Offers 25-year panel and 10-year inverter and mounting warranties. Financing available through loans or PPAs. | Chat with a ConsumerAffairs decision guide | |||||
Orlando-based solar installer servicing 24 states and Washington, D.C. Offers 25-year warranties on systems installations. Financing available through power purchase agreements. Offers American-made parts. | Chat with a ConsumerAffairs decision guide | |||||
Commercial solar energy system installation plus energy storage and EV charging across the U.S. Offers a 25-year warranty on solar array equipment. Finance with a solar loan, C-PACE loan, PPA or lease. | Chat with a ConsumerAffairs decision guide | |||||
Residential solar energy system installations, energy storage, solar monitoring and roofing services in 40 states nationwide. Offers brands like SunPower and Enphase Energy. Finance through a loan, lease or PPA. | Chat with a ConsumerAffairs decision guide | |||||
Sells DIY kits for installing solar energy systems. Ships to the lower 48 states. Offers a 15-year manufacturer's warranty and 25-year performance warranty on solar panels from AXITEC. Pay upfront or through a loan. | Chat with a ConsumerAffairs decision guide | |||||
Residential and commercial solar panel system design, installation and maintenance. Also offers EV charging, solar pool heating and HVAC services. Serves Doña Ana County in New Mexico and El Paso County in Texas. | Chat with a ConsumerAffairs decision guide | |||||
Commercial, nonprofit, military and industrial installation of solar thermal water heating systems in the United States. Offers brands like SOLARHOT. Pay upfront or finance through a loan. | Chat with a ConsumerAffairs decision guide | |||||
Online retailer of solar DIY kits and other renewable energy products such as solar-powered lights, wind turbine kits, composting supplies and more. Offers free shipping on orders over $75. | Chat with a ConsumerAffairs decision guide | |||||
Installs solar energy, solar hot water, solar pool heating and lighting for residential and commercial projects of all sizes. Offers installation services across the United States, plus sales and customer service worldwide. | Chat with a ConsumerAffairs decision guide | |||||
Comprehensive residential and commercial solar panel system design, installation, maintenance and removal. Also offers roofing services and energy audits. Serves New Mexico and Texas. Includes 25-year warranties. | Chat with a ConsumerAffairs decision guide | |||||
Offers residential and commercial solar, backup power, solar repair, solar cleaning, solar maintenance, HVAC, plumbing and electrical services. Serves the greater Tucson, Arizona, and Albuquerque, New Mexico, areas. | Chat with a ConsumerAffairs decision guide | |||||
Residential and commercial solar installation and maintenance plus EV charging, geothermal units and high-efficiency HVAC. Service areas cover El Paso, Texas, and parts of New Mexico. System components from Enphase. | Chat with a ConsumerAffairs decision guide | |||||
Residential and commercial installation of solar energy systems, roofing services and solar panel maintenance in New Mexico. Offers products from Enphase Energy, Unirac and Qcells. Finance with a loan. | Chat with a ConsumerAffairs decision guide | |||||
Residential and commercial installation service available worldwide, including special custom projects. Uses components by Enphase Energy and SMA. Service inspections available to ensure system fidelity. | Chat with a ConsumerAffairs decision guide | |||||
Headquartered in Tucson, Arizona, and performing installations nationwide. Installs residential and commercial solar electric systems. Offers grid-tied, off-grid, battery storage and EV charging. | Chat with a ConsumerAffairs decision guide | |||||
Residential and commercial solar installer in 13 states across the southern U.S. Flexible financing options available, including payment upfront and loans. Free consultations available. | Chat with a ConsumerAffairs decision guide | |||||
Residential, commercial and agricultural installation and repair of solar energy systems plus energy storage and EV charging in 21 states and Washington, D.C. Offers production guarantees on systems. Finance with a PPA. | Chat with a ConsumerAffairs decision guide | |||||
Phoenix, Arizona-based solar installer specializing in residential, commercial and industrial solar installations. Offers services across the entire United States. Also installs EV chargers. | Chat with a ConsumerAffairs decision guide | |||||
Energy management company offering commercial and residential solar design and installation worldwide. Headquarters in Lehi, Utah. Has completed more than 5,000 projects around the world. | Chat with a ConsumerAffairs decision guide | |||||
Solar installer serving homes in the mid-Atlantic region with solar power and water heating. Offers solar for businesses globally. Financing available through loans. Offers brands like OutBack Power, Sharp and Xantrex. | Chat with a ConsumerAffairs decision guide | |||||
Based in Kansas. Offers solar energy system installations to businesses across the United States. Founded in 2006. Provides lighting services as well as energy auditing services and assessments. | Chat with a ConsumerAffairs decision guide | |||||
Read 19 Reviews
| Freedom Forever specializes in residential solar panel installation and solar storage solutions. Service areas extend to parts of the West, Northeast, South and Midwest. | Learn More | ||||
Residential, commercial, industrial and tribal solar installations in much of New Mexico. Warranties include 25 years on product, 10 years on workmanship and five years on performance. Inverters from Enphase Energy. | Chat with a ConsumerAffairs decision guide | |||||
Sells residential and commercial solar energy systems nationwide. Wide selection of brands. Installation is through contractors or DIY. Lifetime tech support in addition to manufacturer’s warranty. | Chat with a ConsumerAffairs decision guide |
Guide sources
ConsumerAffairs writers primarily rely on government data, industry experts and original research from other reputable publications to inform their work. Specific sources for this article include:
- DSIRE, "New Mexico Solar Programs." Accessed April 16, 2024.
- EnergySage, “The cost of solar panels in New Mexico.” Accessed April 16, 2024.
- SolarReviews, “How much do solar panels cost in New Mexico, 2024?” Accessed April 16, 2024.
- Solar Energy Industries Association, "New Mexico Solar." Accessed April 16, 2024.
- New Mexico Public Regulation Commission, "New Mexico Incentives for Customer-Owned Solar Photovoltaic Systems." Accessed April 16, 2024.
- Interstate Renewable Energy Council, “National Solar Licensing Database.” Accessed May 8, 2024.
- Office of Energy Efficiency & Renewable Energy, “Homeowner’s Guide to the Federal Tax Credit for Solar Photovoltaics.” Accessed Feb. 8, 2024.