According to the Solar Energy Industries Association (SEIA), there is enough solar installed in the state of California to power 2.2 million homes as of the second quarter of 2023. The industry has generated 11,250 solar jobs and achieved 18,801 megawatts of solar installed. Because of this huge market, parts and installation prices have fallen 43% in the last 10 years. Now is a great time to install a solar system.
The Best Solar Companies in New Mexico in 2025
The sun’s power is no secret in New Mexico, and many residents are choosing to enjoy the financial and ecological benefits of installing solar panels in their homes. There are quite a few high-quality solar companies in New Mexico, and we’re highlighting the best ones here to make it easy to choose the best fit for your residential, office, or business location.
Consider these top solar companies to start your solar journey in New Mexico.
Sunrun
Sunrun is the leading residential solar and storage company in the U.S. New Mexico residents can benefit from the best Sunrun solar plans that fit their budget and energy needs.
Sunrun has served over 800,000 customers across 22 states since 2007. Its unique business model focuses on delivering exceptional solar services at predetermined prices through extended agreements of 20 or 25 years. This yields a steady and dependable revenue flow for them.
With an impressive 4.4 out of 5-star rating on This Old House, Sunrun is acknowledged as the premier solar panel leasing company, landing among the top nine solar companies in 2023.
Titan Solar
Titan Solar is one of the nation’s leading rooftop solar contractors, with over 100,000+ successful projects completed as of September 2023. They handle all aspects of solar panel installation, from initial project consultation to design and maintenance as needed.
Titan Solar is committed to providing customers with a speedy process, financial resources, and complete project visibility. Hence, people will know what they’re getting for the cost of a solar panel system.
New Mexico residents looking for residential solar systems will benefit from this provider’s commitment to excellence, honest work ethic, and customer service standards.
ION Solar
ION Solar is a leading solar panel installation company offering premium products, design, and continued support for residential solar customers in New Mexico.
This solar company prides itself on providing clear communication and expectations. They always keep customers updated on the scope of their solar projects. A personal coordinator walks with each customer through every project phase, from the initial consultation to design, financing, permits, and installation.
ION Solar installs New Mexico solar panels with clean, cohesive designs in a sleek, black-on-black style for a discrete look. They offer 24/7 usage monitoring and a 25-year performance warranty.
ADT Solar
ADT Solar in New Mexico empowers homeowners to install solar panels to control their rising energy bills and save money in the long term. Homeowners can enjoy reducing their carbon footprint and enjoy a 25-year performance warranty.
ADT Solar offers initial roofing inspections, explicitly follows manufacturer specs during installation, and provides impressive maintenance and follow-up care to each solar customer. They offer top-rated solar panels and solar backup batteries for every residential environment.
Freedom Forever
Freedom Forever is one of the most popular local solar companies in New Mexico because of its commitment to quality, 25-year warranty, and unparalleled customer service. When installing their solar panels, Freedom Forever takes special care to consider sun exposure, panel layout, roof condition, and each family’s unique energy needs.
Average Cost of Solar Panels and Installation in New Mexico
As of October 2023, the average cost of solar panel installation for a typical residential system in New Mexico ranges from $13,940 to $18,860 per home on a 5-kW solar panel system, according to EnergySage.
The average payback period for solar installations in the state stands at 10.22 years. Over a 20-year span, homeowners can expect to save approximately $26,599, highlighting the long-term financial benefits of going solar.
New Mexico Solar Incentives, Tax Credits, and Solar Rebates
The government offers solar incentives to encourage more people to invest in the sun to reduce energy usage. Once you account for the 30% federal tax credit or the Clean Energy Investment Tax Credit (ITC), New Mexico residents can save significant money investing in solar panels for their homes.
According to MarketWatch, the New Mexico solar tax credit reduces homeowner’s state tax bills by up to $6,000 each year, or up to 10% off total solar energy expenses.
In addition to the generous solar investment tax credit, New Mexico has net metering programs that help residents save money on their energy bills. Net metering offers residents credit for the extra electricity their solar panel system produces, which can be used when it can’t generate enough power (i.e., during blackouts).
How to Choose the Right New Mexico Solar Company
Choosing the right solar company can be a daunting task, but fortunately, there are a few factors that you can consider to help guide you in the right direction.
Warranty
Solar is the future of energy, but it doesn’t come without risks. Investing in solar panels means you will need some protection if your equipment gets damaged or isn’t working correctly. Consider each company’s warranty policy on equipment and service as you shop around.
Financing Options
Compare pricing and financing options from several New Mexico solar companies before deciding. If you need help paying for your solar installation, finding a company with financing options that meet your needs is critical. Many solar companies in New Mexico offer loans and leases for residents, making it an easier financial decision.
Experience
Select a solar company with a proven track record and positive reputation in the industry. Doing so will give you peace of mind that you are working with a business with experience in the field and will satisfy your expectations as a customer.
Customer Reviews
It can’t hurt to research what existing customers think about the solar companies you are considering. Consider what customers have to say about their integrity, communication, customer service, and equipment quality.
Get Solar Advice from the Experts
Take your time to research and compare the different solar companies featured here and find the best fit for your specific needs. Let Solar America guide you to the most recommended solar company in New Mexico. We can connect you with the highest-rated contractors and professionals in the state. Call us at 1-855-999-6970, or get started on your journey here.
