SOLAR PANELS IN
NEW MEXICO

• YOU CAN SAVE ON YOUR UTILITIES BILL

At the most basic level, solar panels are devices that take in the sun’s rays and convert them into electricity or heat. Once the sun hits the panels, the energy is made into electricity. A solar inverter helps turn the electricity into power that can be used. The more panels you have on a roof, the more solar electricity you can produce! Solar panels generate their own power and as a result can offset your monthly electricity bill, if not eliminate it in 97035.

• INCENTIVES AND TAX CREDITS

There are 40 solar policies and incentives in the state of New Mexico. These incentives and tax credits help reduce the cost of solar panels in order to promote this source of renewable energy.

• IMPROVE THE VALUE OF YOUR HOUSE

The National Renewable Energy Laboratory states that every dollar that is saved on energy through solar increases home value by $20 in New Mexico. More research shows that solar panels can add an average of $18,324 to the value of a medium-sized home.

• FIGHT AGAINST RISING ELECTRICITY COSTS IN New Mexico

It is no surprise that electricity costs have been increasing. The cost of electricity has risen by around 5% and that trend is expected to continue in New Mexico . Solar panels are like an insurance policy against increasing electricity rates. With home solar, you get the power to control your energy’s future.