Switching to solar energy in New Mexico is smarter than ever—thanks to generous New Mexico solar rebate programs and federal incentives.
With over 280 sunny days per year and high electricity rates, New Mexico is one of the best states for solar. Homeowners can enjoy significant savings on energy bills while contributing to a greener future.
1. Federal Residential Clean Energy Credit:
Get 30% off your total solar installation cost—including equipment, permits, and labor—when you claim this federal incentive on your tax return.
2. Solar Market Development Tax Credit (SMDTC):
This state-level rebate offers 10% of your total system cost (up to $6,000) as a tax credit. You’ll need EMNRD approval to qualify.
3. Property Tax Exemption:
Even though solar increases your home value, New Mexico ensures your property taxes don’t go up with it.
4. Net Metering Benefits:
Earn credits for extra solar energy you feed back into the grid, helping you lower monthly electric bills.
Ready to claim your New Mexico solar rebate and start saving? Work with local experts who make your transition smooth and profitable.
Don’t miss out on thousands in savings. Explore more information here. Contact Solar SME today to schedule your free solar consultation and take advantage of New Mexico’s best solar incentives.