New Mexico Solar Incentives & Rebates

Updated May 2026 • Federal + State Programs

New Mexico Incentive Summary

🏛️
Federal
30% Tax Credit (through 2032)
📋
State Programs
Solar Tax Credit, Net Metering, Property Tax Exemption
📊
Programs Available
7 programs
💰
Avg. Potential Savings
$2,900

Federal Incentives (Available in New Mexico)

  • Federal Solar Tax Credit (ITC)

    Claim 30% of your total solar installation cost as a credit on your federal taxes. Available through 2032 with no maximum limit.

State & Local Programs

New Mexico offers the following key programs:

  • Programs: State solar tax credit (up to $6,000), Net metering available, Property tax exemption

Visit DSIRE New Mexico page for the most up-to-date official information.

New Mexico Solar by the Numbers

30%
Federal Tax Credit
$2,900
Avg. Savings

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