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4 Best Solar Companies in New Mexico

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Author Icon By Tamara Jude Updated 01/08/2024

New Mexico is a solar energy powerhouse. Thanks to the Solar Rights Act of 1977, solar energy is a property right in the state. There’s also no shortage of sunshine, whether you live in Las Cruces, Albuquerque, Santa Fe, Rio Rancho, or somewhere in between.

The This Old House Reviews team has researched the best solar panel installers in the United States, analyzing services, pricing, warranties, and more. This guide breaks down the best solar companies in New Mexico.

Compare Solar Companies Across NM

Star Rating Best For Location Presence BBB Rating Link
SunPower SunPower
Best High-Efficiency System 50 States A+ Get Quote
Sunrun Sunrun
Best Solar Panel Leasing 20 States A+ Get Quote
Palmetto Palmetto
Best Customer Support 19 States A+ Get Quote
Green Home Systems Green Home Systems
Best Solar Roofs 22 States A+ Get Quote
Tesla Solar Tesla Solar
Best Solar Tech 50 States NR Get Quote
Logo SunPower
Star Rating
Best For Best High-Efficiency System
Location Presence 50 States
BBB Rating A+
Get Quote
Logo Sunrun
Star Rating
Best For Best Solar Panel Leasing
Location Presence 20 States
BBB Rating A+
Get Quote
Logo Palmetto
Star Rating
Best For Best Customer Support
Location Presence 19 States
BBB Rating A+
Get Quote
Green Home Systems
Logo Green Home Systems
Star Rating
Best For Best Solar Roofs
Location Presence 22 States
BBB Rating A+
Get Quote
Tesla Solar
Logo Tesla Solar
Star Rating
Best For Best Solar Tech
Location Presence 50 States
BBB Rating NR
Get Quote
Star Rating
Best For
Location Presence
BBB Rating
Best High-Efficiency System
50 States
Best Solar Panel Leasing
20 States
Best Customer Support
19 States
Best Solar Roofs
22 States
Best Solar Tech
50 States

New Mexico’s Top Solar Energy Companies

These are our top picks for the best solar installers in New Mexico.

Our Top Solar Company Picks for New Mexico

Palmetto Best Customer Support
  • Why We Picked It: Palmetto Solar provides multiple modes of customer support, including phone, email, and online chat. The company also offers a Palmetto Protect plan with system monitoring and solar discounts for customers and non-customers alike.
Pros and Cons
Pros Offers monitoring, protection, and maintenance to customers and non-customers Provides an online savings calculator Protects solar panels with a 25-year output warranty Cons Doesn’t offer monitoring with standard service Isn’t available nationwide
Palmetto Solar Details

Palmetto stands out for its customer service. Representatives are available via phone, email, or online chat and will support homeowners through each step of the solar installation process.

Palmetto also offers a user-friendly online savings calculator that uses your address and monthly electric bill to project your solar savings.

The company provides a standard 25-year power production warranty to all of its customers. It offers an optional protection plan to Palmetto customers and other solar panel owners. The plan costs $12 per month and awards nearly $2,000 annually in discounted services such as panel cleaning, pest reduction, and panel removal and reinstallation. The Palmetto Protect plan also covers labor costs incurred from these services.

Be aware that Palmetto’s availability for solar panel installation in New Mexico depends on your utility company. The company works with the following utility providers for installations:

  • El Paso Electric
  • The Public Service Company of New Mexico
  • Xcel Energy

Learn more: Palmetto Solar review

Sunrun Best Solar Panel Leasing
  • Why We Picked It: Sunrun is a great choice for New Mexico residents looking for payment flexibility. It offers four financing options with full-service protection.
Pros and Cons
Pros Includes theft and damage coverage Offers online chat for customer service Provides daily monitoring to ensure system health and functionality Cons Has limited details about products and plans online Varies solar panel and battery availability by region
Sunrun Solar Details

Sunrun offers four unique financing options: a full-system purchase, full-amount lease, monthly lease, and a monthly loan. Lease customers receive full coverage for damage, theft, and deterioration. Purchase and loan customers can add this coverage through the Protection Plus subscription service. Sunrun will fix your solar panel system for free if it experiences energy efficiency decreases.

Learn more: Sunrun review

Green Home Systems Best Solar Roofs
  • Why We Picked It: Green Home Systems is a great choice for customers wanting to maintain their home’s aesthetic while reaping the benefits of solar energy. GHS offers an innovative and attractive solar roofing system, helping to avoid the clunky look of traditional solar panels.
Pros and Cons
Pros Has high-rated customer reviews Offers solar energy storage and backup generators Provides an interactive project map for their services Cons Products offered can be expensive Reviews mention long wait times for installations
Green Home Systems Details

Green Home Systems (GHS) offers a wide range of high-efficiency and high-quality solar panels. The company also provides a unique solar roofing system made of solar shingles that function as both your roof and small monocrystalline panels. These roofs protect your home from the weather while generating clean energy. They’re less noticeable than traditional solar panels and ideal for customers concerned with preserving their home’s look.

GHS provides a variety of solar batteries and backup generators. It has two financing options: full purchase and solar loan. GHS offers $0 down financing for qualifying loan customers.

Solar Incentives in New Mexico

There are many statewide and federal incentives that reduce solar panel installation costs. Here are the current rebates and solar incentive programs for New Mexico residents.

  • Federal Solar Tax Credit: The federal solar tax credit, or Solar Investment Tax Credit (ITC), provides a reduction on federal taxes equal to 30% of solar system installation costs. The ITC will drop to 26% in 2033 and lower to 22% in 2034. It’s set to expire in 2035.
  • Net-metering: Net-metering allows you to collect credit on your energy bill for unused energy produced by your solar power system. Unused credits carry over month-to-month and are paid to you at the utility company’s energy rate if unused.
  • New Mexico Solar Easements and Rights Access: New Mexico’s Solar Rights Act established the right to use solar energy as a property right in 1977. This prevents neighboring property owners from building, planting, or installing anything that would block or restrict your access to sunlight. Though this isn’t a cashable incentive, it ensures your solar investment is protected and will continue to add property value to your home.
  • Property Tax Exemption for Residential Solar Systems: Most home improvements are taxable in New Mexico, but solar energy systems are an exception. This means you can add value to your home without increasing your property taxes.

Our Conclusion

The best solar installation company depends on your budget, home, and energy needs. Sunrun is our top pick due to its flexible payment options, comprehensive protection, and excellent customer service. We recommend requesting a free quote from at least three companies on our list to compare pricing and services accurately.

Other New Mexico Home Service Resources

FAQ About Solar Companies in NM

Does New Mexico have a solar tax credit incentive?

Yes, New Mexico offers a state tax credit of 10%. This can be applied to purchasing your solar panel system and cannot exceed a credit of $6,000 per taxpayer annually.

How much do solar panels cost?

The average solar panel installation cost in New Mexico is $13,345–$18,055, or $2.67–$3.61 per watt.

Is New Mexico a good place for solar panels?

New Mexico is an excellent place for solar panels. There’s lots of sunshine, and the state offers great solar incentives.

How do solar panels help the environment?

Solar panels help the environment because they don’t produce greenhouse gasses. Using renewable energy from a photovoltaic (PV) system can reduce or replace traditional energy sources and decrease pollution.

Our Rating Methodology

The This Old House Reviews Team is committed to providing comprehensive and unbiased reviews to our readers. After over a thousand hours of research on solar companies, interviews with experts, and common customer needs, we’ve created a detailed rating system for solar providers based on six factors:

  • Solar equipment, installation, and services (25%)
  • Warranty and performance guarantees (25%)
  • Brand reputation and certifications (15%)
  • Financing options (15%)
  • Experience (10%)
  • Availability (10%)

Total scores are divided by 20 for a final 5-point rating scale.

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