Solar Market Report: New mexico
Avg. Electricity Rate
16.3¢ /kWh
Est. Payback Period
8-10 Years
Cities Analyzed
2
Homeowners in New mexico typically pay an average of 16.3 cents per kWh for electricity. Based on the state's solar irradiance levels, a typical 6kW system can pay for itself in roughly 8-10 years.
Below is a complete breakdown of the solar financial models for 2 major cities across New mexico. Select your city to see precise roof-level data.