We may be compensated if you purchase through links on our website. Our Reviews Team is committed to delivering honest, objective, and independent reviews on home products and services. More

Best 5 Solar Companies in Rio Rancho, NM

Get matched with a top local pro
Join the 10,601 people who have received a free, no-obligation quote in the last 30 days
  1. Home
  2. Find Local Pros
  3. Solar Near Me
  4. New Mexico
  5. Rio Rancho
  6. Rio Rancho Solar
Written By Max Peterson | Last Updated: February 05, 2024

Rio Rancho homeowners enjoy 6,900,000 sunny days each year, making the city an excellent environment for solar power. Local homeowners might choose solar to break free of high power costs from sources like coal. A professional solar company can help you set up and optimize a system that fulfills your energy needs without breaking the bank. Discover Rio Rancho's best solar companies and learn important decision-making tips on this page.

Best High-Efficiency System
4.8
  • Builds custom, high-efficiency solar systems suited to each home
  • Extensive coverage area throughout the country
  • Offers energy storage and EV charger add-ons
Best Solar Panel Leasing
4.4
  • Provides system monitoring
  • Offers diverse financing options for various budgets
  • Provides EV and solar battery solutions

Top Rio Rancho Solar Companies

Sunternal Logo

Sunternal

4.5/5
Based on 37 customer reviews.

Services Offered

Residential Panels Tesla Powerwall Consultation Battery Storage Solar Panel Upgrades

Highlights

  • Informative resources
  • Free quotes
  • Reliable customer support
5816 Signal Ave Ne, Albuquerque, NM 866-556-8828 sunternalsolar.com
Poulin Solar Pro Logo

Poulin Solar Pro

4.4/5
Based on 45 customer reviews.

Services Offered

Residential Panels Commercial Panels Consultation

Highlights

  • Informative resources
  • Clear pricing policy
  • Free quotes
8600 Pan American Fwy Ne, Albuquerque, NM 505-596-4495 poulinsolarpro.com
East Mountain Solar LLC Logo

East Mountain Solar

4.5/5
Based on 67 customer reviews.

Services Offered

Permit Assistance Residential Panels Consultation Financing Assistance

Highlights

  • Free quotes
  • Reliable customer support
  • Clear pricing policy
5600 San Francisco Rd Ne # E, Albuquerque, NM 505-315-7380 jorbar1551.wixsite.com
LGND ENERGY Logo

LGND ENERGY

4.7/5
Based on 51 customer reviews.

Services Offered

Residential Panels

Highlights

  • Informative resources
  • Clear pricing policy
  • Free quotes
5700 San Antonio Dr Ne Suite A3, Albuquerque, NM 833-900-5463 lgndenergy.com

More Local Solar Companies

Nexus Energy Systems

User Reviews: 4.3/5 

5816 Signal Ave NE
Albuquerque, NM 87113

ADT Solar

User Reviews: 4.3/5 

5811 Midway Park Blvd NE Suite A
Albuquerque, NM 87109

Experienced Solar

User Reviews: 4.6/5 

4000 Vassar Dr NE Suite C
Albuquerque, NM 87107

Ocotillo Solar Electric

User Reviews: 4.5/5 

5854 Osuna Rd NE
Albuquerque, NM 87109

Positive Energy Solar - Albuquerque

User Reviews: 4.5/5 

3651 Princeton Dr NE
Albuquerque, NM 87107

SunState Solar Inc

User Reviews: 4.7/5 

9600 Tennyson St NE
Albuquerque, NM 87122

Our World Energy

User Reviews: 4.5/5 

2604 Princeton Dr NE
Albuquerque, NM 87107

EverGuard Solar

User Reviews: 4.2/5 

220 Menaul Blvd NE
Albuquerque, NM 87107

Solar Works Energy

User Reviews: 4.5/5 

3636 Menaul Blvd NE # 200
Albuquerque, NM 87110

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Ranking Methodology

We analyzed a multitude of Rio Rancho solar installers, using the following criteria to choose the finest:

Get Your Solar Project Quote Today

Get matched with a top local pro

Please enter a valid 5-digit zip code!

Facts about Rio Rancho
Average Max Temp: 64°F
Solar Payback Period: 7.2 years
Average Daily Sunlight: 68%
Homes Powered by Solar: 5,998
Average Annual Energy Bill: $1,089
Solar Power per Capita Percentile: 48.0%

Expert Tips By

This Old House empowers homeowners with the knowledge and tools they need to tackle various projects and navigate the complexities of homeownership.

Benefits of Solar Energy

Solar energy has several advantages that will enhance your home for years to come.

  • Reduced energy costs: Sourcing some or all of your own power will cut power costs long-term.
  • Better energy independence: Solar panels can keep your home running through blackouts and emergencies, giving you additional security. You can use your solar energy anytime with optional battery storage.
  • Reduced carbon footprint: Solar is one of the universe's most abundant clean energy sources, meaning you can minimize or conquer your home's dependence on "traditional" sources.

What Solar Incentives Are Available to Rio Rancho Homeowners?

Governments and power companies often incentivize homeowners for embracing solar. Here are some of the rebates, tax credits or other programs you could qualify for.

Incentive Type: Property Tax Incentive

Incentive Amount:

Approximately 100%

Incentive Type: Sales Tax Incentive

Website: emnrd.state.nm.us

Incentive Amount:

100% of gross receipts from sale and installation of solar energy systems, dark-colored water tanks, and non-vented trombe walls

Incentive Type: Personal Tax Credit

Website: emnrd.state.nm.us

Incentive Amount:

30%

Incentive Type: Corporate Tax Credit

Website: emnrd.state.nm.us

Incentive Amount:

30%

Incentive Type: Performance-Based Incentive

Website: pnm.com

Incentive Amount:

$0.0025/kWh

Incentive Type: PACE Financing

Website: emnrd.state.nm.us

Incentive Amount:

Determined locally

Incentive Type: Personal Tax Credit

Website: ecowatch.com

Incentive Amount:

30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.

How To Choose the Best Solar Company in Rio Rancho

The more comprehensive your company research is, the better your photovoltaic system will ultimately work. Here are some essential aspects to bear in mind while searching for a solar provider.

Licensing and Training

New Mexico regulations mandate that solar installation supervisors must be master electricians or plumbers, with journeymen leading the wiring and piping work. Each journeyman assigned to your project will have at least two years of experience installing solar equipment. Solar providers can also earn certifications from standards organizations and trade groups. The top ones in the industry come from the NABCEP. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Rio Rancho

Your solar modules' model will impact how much electricity you can produce. Monocrystalline panels cost the most but perform the best. Polycrystalline panels generate less, but they're a great traditional option for low budgets. Thin-film panels are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.

You can also add battery backups and electric vehicle (EV) chargers. These will increase your total project price, but they can maximize your solar system's efficiency. Not all solar providers include these extras, so look for a provider that sells them if it's a priority for you.

You can plan to spend about $19,650 on average for a five-kilowatt solar energy system in Rio Rancho. Check the table in this section to get an idea of what amount Rio Rancho solar companies might quote for your specific system.

Solar Panel Cost Average Cost
Solar Monocrystalline $1,060
Solar Polycrystalline $827
Thin-Film $483
Solar Battery $678
Solar Home EV Charger $2,544

Financing Solar Energy in Rio Rancho

There are many ways to pay for a solar energy system, and the right one will lower your costs. A few of the most common options include leases, loans, cash payments, and power purchase agreements (PPAs). Most solar experts recommend a cash payment or using a solar loan. Cash payments require a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Like a home or car loan, you'll pay a set monthly rate with as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) permits you to pay a monthly rate determined by the energy you use, as with an electric bill. We typically don’t recommend these two choices because you won't own the system and cannot use solar incentives. Look for installers that offer two or more payment plans to find the right fit for your pocket.

The table below lists the average payback periods for different capacities of solar systems in Rio Rancho.

A 26% federal tax credit applies to new residential solar equipment purchased through 2032. Extra incentives may be available through local governments, usually in the form of rebates and special financing programs.

Solar System Capacity Estimated Payback period
1 kW 1.4 years
2 kW 2.9 years
5 kW 7.2 years
10 kW 14.3 years

Ready to Get a Quote on Your Solar Project?

Get matched with a top local pro

Please enter a valid 5-digit zip code!

Frequently Asked Questions About Solar in Rio Rancho

How much energy and money could I save per year by switching to solar?

On average, Rio Rancho homeowners pay approximately $1,089 per year for energy. Once you repay your solar array, you could save $1,315.90 per kilowatt you produce.

Is solar energy common in Rio Rancho?

Yes, solar energy is becoming increasingly popular in Rio Rancho. Some homes already generate solar power on-site or through utility grids, and they're fortified by a state solar economy with 2021 job opportunities and counting.

Will solar energy systems boost my Rio Rancho home value?

Yes, a solar PV system will boost your property value. According to the National Renewable Energy Laboratory, for every dollar you reduce on energy bills, your home value rises by $20. So, if your panels save you $600 per year on energy costs, your property could appreciate $12,000.

Could I still use solar power if I live in a wooded, dark, or rainy area?

A solar system could still work in dark areas. Your installer will orient your panels to capture the most sunlight possible. They might also recommend a backup battery to keep your system working at its best.

What can I do to predict my home's solar potential?

One common way to calculate your home's solar viability is by using PVWatts. This free, powerful tool considers local weather and topography, tree cover, system size, and panel efficiency to determine how much electricity your array could generate. However, it's not a substitute for consulting with a solar expert, who can create a full estimate with the most updated data.

What maintenance do my solar panels need, and how often do they need it?

To preserve your solar system's performance, inspections and cleanings every six months are usually sufficient. In dry or dusty seasons, your panels might need cleanings every few months. Your installer can recommend a maintenance schedule. Its team could also tackle the cleaning for you.

How are traditional solar loans and PPAs different?

A PPA is a contract between you and your contractor. They set up, own, and care for the panels, and you purchase the generated electricity from them for 10–25 years. There will usually be options to buy out early to own your system and extend the agreement.

In contrast, solar loans can come from local banks, installer, specialty lenders and the government. You'll need to pass a credit check to qualify for most of them. While the upfront costs are greater, and you'll be responsible for taking care of the system, you'll also have complete ownership and can apply for many more incentives.

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Sources