Several solar incentives may be available in New Mexico to encourage homeowners and businesses to convert to solar energy. Some of the most notable incentives include:

• Federal Solar Investment Tax Credit: The Federal Investment Tax Credit (ITC) is a 30% federal solar tax credit on the cost of your solar installation
• Solar Property Tax Exemption: Property tax exemptions for the value added to the property by a solar energy system
• Solar State Sales Tax Exemption: New Mexico residents may qualify for a state income tax credit of up to $9,000 for their solar panel system
• Net Energy Metering: New Mexico utilities are required to offer net metering to their customers, which means that homeowners can earn credits on their utility bill for excess energy generated by their Las Cruces solar panels
• Renewable Energy Production Tax Credit: Production Tax credit, 1.5 cents per KWh for the energy produced and sold to utility companies
• New Mexico Solar Rights Act: Protects your rights as a homeowner when you invest in a solar installation with a Meraki

Have you ever wondered how much solar power you could harness from your own solar system? The amount of solar power you could get from your Las Cruces solar panels will depend on a few factors, including the system size and orientation of your rooftop, shading from nearby buildings or trees, and the efficiency of your solar panels.

Generally speaking, solar panels in Las Cruces, NM, may generate up to 4-5 kilowatt-hours (kWh) of electricity per square meter of solar panel area per day, depending on the weather conditions. To determine the amount of solar power your system could generate, a solar company would need to conduct a site assessment and consider all of these factors.

The best solar companies will also be able to provide you with an estimate of how much electricity your solar panels will generate, as well as the amount of money you could save on your electric bill over time. Fortunately, Meraki solar will do this site assessment free of charge as part of your onboarding to discover your options and the best solution for your home energy needs.

Solar Panels are an incredible invention created in 1883 by Charles Fritts. Since then, they have taken on many evolutions and improved dramatically. So how do solar panels actually work? Understanding the magic behind the panels may help you understand why they are so incredible and an obvious choice for the future of electricity. Here is a quick summary.

1. Sunlight: The sun’s ultraviolet rays shine brightly onto the surface of your solar panels, even when it’s cloudy
2. Solar Panels: Solar panels are made up of photovoltaic (PV) cells that convert sunlight into electricity
3. Inverter: This electrical current is then sent to an inverter, which converts the direct current (DC) electricity produced by the solar panels into alternating current (AC) electricity which is used by your home
4. Breaker Box: The breaker box allows this electricity to safely enter your home to power your appliances while assisting in the prevention of power surges
5. Energy Production: The electricity is then sent to a utility meter, which measures the amount of electricity that is produced by the solar panels and sent to the grid

Installing solar panels in Las Cruces, NM has shown to be an excellent investment for homeowners. This fact is even more true in New Mexico with the seemingly endless sunny days it receives. In combination with all of the Las Cruces solar incentives and policies in place, such as net metering, tax credits, and rebates, New Mexico has done a great job of creating a state that encourages homeowners to convert to clean, renewable energy.

By going solar in Las Cruces, NM, homeowners may save thousands of dollars on their energy bills over time and possibly increase the value of their property. Meraki Solar has been helping Las Cruces homeowners save money for years.

he best Las Cruces solar companies should continually educate their communities on how to go solar and the options available. At Meraki Solar, that is our mission. We provide free consultations to help homeowners understand how solar energy works and the many opportunities that may be available to them.

For the many reasons we discussed above, there has never been a better time to convert your home to solar energy in Las Cruces with Meraki Solar. However, if you’re still not sure about the benefits of solar, here are a few more benefits to consider:

• Solar energy has positive environmental impacts and helps mitigate climate change
• Solar panels increase your home property value and could make it more attractive to future buyers
• You may profit from the excess energy produced by Las Cruces solar panels via net metering

In the last ten years, the cost of solar has decreased by over 50%! Technology has only improved and, as such, has become more affordable to all Americans. That said, the installation costs of solar panels in Las Cruces can vary. Due to factors like the size of the system, the type and efficiency of the solar panels, and applicable solar incentives, there is no set number for how much a solar panel system may cost for your home.

However, it’s important to note that the cost of solar panel systems has decreased significantly in recent years, and the price is expected to continue falling. Additionally, there are several incentives and policies that the state of New Mexico offers to support solar energy adoption, such as federal and state tax credits, which could help lower the upfront cost of solar panel installation, including zero-down solar options. Fortunately, you will likely see exactly how much the right solar panel system will cost for your home by getting a free solar quote with Meraki Solar. Start your solar journey here!