Estimate savings
Solar by state

Solar in New Mexico

Across New Mexico, homeowners pay about 12.7¢/kWh and a typical 6 kW system pays back in roughly 9.9 years after the 30% federal tax credit.

State avg rate 12.7¢/kWh
Typical payback 9.9yrs
Best Solar Value Excellent

Counties in New Mexico

Sierra County
17.2¢/kWh · 10,944 kWh/yr
$1,877/yr 6.7 yr payback
Union County
17.3¢/kWh · 10,560 kWh/yr
$1,825/yr 6.9 yr payback
Harding County
16.4¢/kWh · 10,662 kWh/yr
$1,743/yr 7.2 yr payback
Colfax County
16.4¢/kWh · 10,446 kWh/yr
$1,708/yr 7.4 yr payback
Otero County
15.8¢/kWh · 10,734 kWh/yr
$1,698/yr 7.4 yr payback
Hidalgo County
15.0¢/kWh · 11,196 kWh/yr
$1,675/yr 7.5 yr payback
Guadalupe County
15.3¢/kWh · 10,764 kWh/yr
$1,650/yr 7.6 yr payback
Lincoln County
15.8¢/kWh · 10,476 kWh/yr
$1,657/yr 7.6 yr payback
Socorro County
15.5¢/kWh · 10,746 kWh/yr
$1,668/yr 7.6 yr payback
San Miguel County
15.3¢/kWh · 10,734 kWh/yr
$1,646/yr 7.7 yr payback
Mora County
15.3¢/kWh · 10,512 kWh/yr
$1,611/yr 7.8 yr payback
Torrance County
14.5¢/kWh · 10,764 kWh/yr
$1,559/yr 8.1 yr payback
Taos County
14.4¢/kWh · 10,326 kWh/yr
$1,492/yr 8.4 yr payback
Catron County
13.6¢/kWh · 10,662 kWh/yr
$1,453/yr 8.7 yr payback
Rio Arriba County
14.0¢/kWh · 10,170 kWh/yr
$1,426/yr 8.8 yr payback
Luna County
12.3¢/kWh · 11,046 kWh/yr
$1,360/yr 9.3 yr payback
Grant County
12.3¢/kWh · 10,902 kWh/yr
$1,342/yr 9.4 yr payback
Sandoval County
12.6¢/kWh · 10,524 kWh/yr
$1,322/yr 9.5 yr payback
Santa Fe County
12.3¢/kWh · 10,746 kWh/yr
$1,323/yr 9.5 yr payback
Bernalillo County
12.3¢/kWh · 10,644 kWh/yr
$1,310/yr 9.6 yr payback
Doña Ana County
11.9¢/kWh · 10,902 kWh/yr
$1,294/yr 9.7 yr payback
Valencia County
11.9¢/kWh · 10,770 kWh/yr
$1,278/yr 9.9 yr payback
Cibola County
11.9¢/kWh · 10,650 kWh/yr
$1,264/yr 10 yr payback
San Juan County
9.7¢/kWh · 10,698 kWh/yr
$1,037/yr 12.2 yr payback
De Baca County
9.5¢/kWh · 10,818 kWh/yr
$1,023/yr 12.3 yr payback
Los Alamos County
9.9¢/kWh · 10,284 kWh/yr
$1,019/yr 12.4 yr payback
McKinley County
9.7¢/kWh · 10,518 kWh/yr
$1,019/yr 12.4 yr payback
Curry County
9.5¢/kWh · 10,578 kWh/yr
$1,001/yr 12.6 yr payback
Quay County
9.5¢/kWh · 10,602 kWh/yr
$1,003/yr 12.6 yr payback
Lea County
8.0¢/kWh · 10,716 kWh/yr
$854/yr 14.8 yr payback
Roosevelt County
8.0¢/kWh · 10,638 kWh/yr
$847/yr 14.9 yr payback
Chaves County
7.7¢/kWh · 10,692 kWh/yr
$828/yr 15.2 yr payback
Eddy County
7.6¢/kWh · 10,788 kWh/yr
$823/yr 15.3 yr payback
Figures are modeled estimates from NREL PVWatts v8 + EIA. Not affiliated with NREL, DOE or EIA · not financial advice. Last updated June 2026.