Database of solar incentives in New Mexico including solar power rebates available in New Mexico and solar tax credits. We have incorporated this incentive and rebate data into our free online estimator below

Find out what Solar Energy Incentives, solar rebates and tax credits are available to you in New Mexico right NOW.

Our free online solar estimator shows you what solar panels cost and will also show you what rebates and incentives are available based on your address and what utility you are with.

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and other solar incentives your property is eligible for




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Our Solar & Wind Estimators are driven by our proprietary databases - the industry's largest and most up-to-date - of solar and wind energy incentives and solar/wind energy rebates. We include federal, state, local and utility incentives and rebates for solar and wind energy systems. These include tax credits, tax deductions, property tax relief, purchase incentives (rebates), production incentives, and more. Our solar & wind estimators cover solar electric, solar water heating, solar pool and spa heating, and wind turbines.

Use our Solar & Wind Estimators to see these solar and wind energy incentives and rebates in action and run financial analysis.

Incentive summaries, below, include Federal Investment Tax Credit and other federal tax incentives for solar power and wind energy investments, such as Modified Accelerated Cost Recovery System (MACRS) depreciation.

To learn more about solar power and wind energy system, renewable energy and energy efficiency incentive and rebate program options reference the links and notes provided below or in our Solar & Wind Estimator


TIP: Use your local Solar & Wind professionals to help you understand the full spectrum of tax credits, deductions, purchase, solar/wind energy production incentives and special utility rates that may be available to you. They are experts and on-top of the latest developments:

Summary of Solar & Wind Incentives and Rebates currently stored and available:


Show Solar & Wind Incentives for:  
State/Region/UtilitySolar/Wind TechnologySolar/Wind Incentive or Rebate Description
New Mexico (NM)
Applies to: Residential & Business
Solar Electric (PV)
NM Renewable Energy Production Tax Credit » link
New Mexico (NM)
Applies to: Residential & Business
Wind Turbine
NM Renewable Energy Production Tax Credit » link
New Mexico (NM)
Applies to: Residential & Business
Solar Electric (PV)
PNM - Customer Solar Small PV Program < 10 kW AC: REC $0.0025 kWh x 8 yrs » link
US (US)
Applies to: Residential & Business
Solar Electric (PV)
Solar Water Heating
Wind Turbine
Federal Tax Credit (30% of Net Cost at Installation) » link
New Mexico (NM)
Utility: El Paso Electric Co
Applies to: Residential & Business
Wind Turbine
El Paso Electric Co REC Purchase: $0.02 / kWh x 4 yrs: thru 2020 (< 10 kW) » link
New Mexico (NM)
Utility: El Paso Electric Co
Applies to: Residential & Business
Wind Turbine
El Paso Electric Co REC Purchase: $0.02 per kWh x 4 yrs: thru 2020 (10-100kW) » link
New Mexico (NM)
Utility: El Paso Electric Co
Applies to: Residential & Business
Solar Electric (PV)
El Paso Electric Co REC Purchase: $0.02 / kWh x 4 yrs: thru 2020 (<10 kW) » link
New Mexico (NM)
Utility: El Paso Electric Co
Applies to: Residential & Business
Solar Electric (PV)
El Paso Electric Co REC Purchase: $0.02 / kWh x 4 yrs: thru 2020 (10-100kW) » link