Best 2 Solar Companies in Roswell, NM

How To Choose the Best Solar Company in Roswell

The more informed your provider search is, the better your solar system will ultimately work. Here are some key items to keep 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 piping and wiring work. Each journeyman assigned to your project will have at least two years of experience installing solar equipment. You should also visit a company's website to learn about its private accreditations. Two of the most prestigious are the PV Installation Professional and Solar Heating Installer certificates, awarded by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.

Cost of Solar Panels in Roswell

Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options and generally have the highest quality. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.

Additional components, such as electric vehicle (EV) chargers and battery storage, will raise your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not all solar contractors provide these extras, so look for a provider that installs them if it's a priority for you.

Generally speaking, it will cost about $19,650 for a five-kilowatt solar array in Roswell. This table shows more specific prices for different solar panel types and system components in your area.

Financing Solar Energy in Roswell

There are many ways to pay for a new solar system, and the right one will reduce your expenses. A few of the most common options include leases, power purchase agreements (PPAs), loans, and cash payments. Most solar experts recommend a cash payment or using a solar loan. Cash payments demand a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Similar to a home or auto loan, you'll pay a set monthly rate with as little as $0 down. Solar leases let you rent your panels for a set monthly rate, while PPAs let you pay only for the energy you use, similar to an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Look for companies that offer two or more payment plans to find the right fit for your financial needs.

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

You are eligible for a 26% federal solar tax credit for new solar energy equipment until the year 2032. City and state officials and utility companies might also offer discounts, rebates, and specialized financing options that could save you more.