New Mexico's Fast Solar Payback and Incentives Explained by a Local Consultant
Julian Solar Consulting Julian Solar Consulting
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 Published On Premiered Oct 5, 2023

Visit Juliansolarguide.com for more solar information. Call or text for a solar consultation. 760-473-5878. Or, email [email protected]

New Mexico is a state with perfect conditions for solar systems to produce very large amounts of electricity. There are several factors at play that helps the payback period in New Mexico to be so quick. The first is the fact that the weather is cool and sunny most of the year which is exactly what the solar panels need. Secondly, PNM offers a 1:1 net energy metering which means they buy back the excess energy your system produces in the day and is applied to your account as a credit. You can then use power in the evening or at night and the credits cancel out what your evening and night bill would be. Lastly, between the federal 30% tax credit and the state tax credit of 10%, 40% of your system cost will ultimately be covered when it's all said and done.

Would you like to get started with a consultation? If so, then please fill out the form in the link below. Once received, my assistant Cody will call you back afterwards to explain next steps in receiving a thorough consultation and quote from us. Thank you for watching the channel.

https://form.jotform.com/230316991463155

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