Trusted Solar Company in Albuquerque, NM
When it comes to finding the right solar company in Albuquerque, you may be feeling lost. But don’t worry, we’ll make it easy for you. Offering some of the best warranties in the solar industry, ADT Solar has a proven history and reputation for providing quality service. In 2021, Solar Power World ranked ADT Solar, formerly Sunpro Solar, #2 for Top Residential Solar Installer in the United States.
Read on to find out what makes Albuquerque such a great place for solar and how you can easily go solar with great incentives available in your area.
Albuquerque Solar Panels
When purchasing rooftops solar panels in Albuquerque, you can expect reliable solar services with ADT Solar. And with our 25-year warranties and power production guarantees, you can rest assured that your solar energy system will be excellent that you can enjoy for years to come.
With ADT Solar on your side, your solar panel system will allow you to ignore the ever-increasing rates of utility companies. Every solar panel system we install is custom-designed for each home for maximum savings and efficiency. Plus, with the excellent state and federal incentives currently available, buying residential solar panels has never been more affordable for homeowners of Albuquerque.
Are Solar Panels Worth It in Albuquerque?
For most Albuquerque homeowners, installing a solar panel system will be well worth it based on the energy cost savings alone. Not only will it significantly reduce your high monthly energy bills, but New Mexico’s solar incentives have a lot to offer in terms of decreasing the cost of installation. Read more to find out whether solar makes sense for your home.
New Mexico’s Limitless Sunshine
As you are no doubt aware, Albuquerque is very rich in sunlight much like the rest of New Mexico. This provides a great opportunity for homeowners in Albuquerque who struggle with high energy bills to save on utility costs with rooftops solar panels.
Decreased Costs and Improved Efficiency
Over the last five years, solar panel prices have fallen 36% thanks to improvements in manufacturing and by taking advantage of solar incentives offered by the state of New Mexico. Solar panels have never been more affordable, and more efficient at producing solar energy thanks to solar technology improvements.
Protect Your Albuquerque Home from Power Outages
While they are rare, power outages can still be immensely stressful to most homeowners as they usually come unexpectedly. Well, with a solar battery backup such as the Enphase Encharge, you can rest assured your home will be powered by solar energy day and night, even during power outages.
Read More: Are Solar Panels Worth It in New Mexico?
How much do solar panels cost in Albuquerque?
The cost of solar panels in Albuquerque depends on a lot of factors including the equipment, size of your home, energy usage, and solar incentives. Solar incentives can significantly reduce the cost of solar panels, and luckily for Albuquerque residents, New Mexico has some of the best incentives compared to other states.
To best understand the cost of going solar, these factors should be discussed with one of our qualified Solar Specialists who can offer you a free quote for your particular situation. We’ll take everything into consideration including energy consumption, energy cost savings, and sunlight exposure. Our experts can even answer any solar-related questions you may have and we’ll even discuss how you can take advantage of New Mexico’s solar incentives to make your solar panel system more affordable.Get a free quote
Albuquerque Solar Incentives, Tax Credits, Rebates
Solar incentives offered by Albuquerque and the state of New Mexico provide homeowners plenty of opportunities to reduce the cost of their residential solar panel installation. For example, with the Federal Tax Credit, you can save thousands of dollars by claiming 26% of the total cost of your solar energy system as a tax credit. New Mexico also provides state-wide opportunities to reduce your monthly bills for homes that produce solar energy. Let’s go over all the amazing incentives available in Albuquerque:
- 26% Federal Solar Tax Credit
- Sustainable Building Tax Credit
- Property Tax Exemption
- Sales Tax Exemption
- RECs in Albuquerque
- Net Metering
Federal Solar Tax Credits
The federal solar tax credit is an incentive generously offered by the U.S. government. With this tax credit, you can receive up to 26% of the total cost of your solar panels in tax credits. So take the price of a solar panel system, including installation, and subtract 26% from it. That’s a nice hefty sum that you could get back in tax credits. And if you don’t use all the credits one year, the remainder rolls over to the next. This wonderful incentive can be used for both residential solar panel systems, and commercial solar panel systems.
New Mexico’s Sustainable Building Tax Credit
Albuquerque doesn’t just have the federal solar tax credit to enjoy, however. Residents also have New Mexico’s Sustainable Building Tax Credit program as well. If you’re thinking of building a house or a commercial building, this is something to look into.
It’s good for anyone’s home or business to be as energy-efficient as possible. But sometimes the building you’re in wasn’t originally designed with that in mind. With the Sustainable Building Tax Credit, if you build energy-efficient, sustainable buildings, you will receive a tax credit for it. The tax credit incentives are tiered, and each building must meet certain requirements and guidelines to qualify.
Must be certified by either U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) rating system, or Build Green New Mexico rating system. ENERGY STAR manufactured homes are eligible for the tax credit.
Must be certified by U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) rating system.
To learn more about specific details, please visit the New Mexico Energy, Minerals and Natural Resources Department webpage.
Property Tax Exemption for Residential Solar Panel Systems
Solar energy systems are a great way to increase your home’s value. In fact, for every $1 in electrical bill savings, you add $20 to the value of your home. That’s an exciting bonus with solar energy systems you may not have considered before! Usually when your home increases in value, so does your property tax. However, the state of New Mexico allows a property tax exemption for renewable energy systems, such as solar panel systems. So your Albuquerque home will increase in value, and you won’t have to worry about additional taxes. That seems like a pretty good deal to us.
Albuquerque Solar Panels Sales Tax Exemption
The property tax exemption is nothing to scoff at, but this next deal is pretty awesome, too. Wherever you go, you’ll usually run across a sales tax when you buy something. This adds a little extra to the final price of whatever it is you’re buying. If the thing you buy is already pricey on its own, sales tax will add even more to the final bill. But in Albuquerque, solar panels have no sales tax! New Mexico has waived the sales tax on solar panels! This means you get to save several hundred dollars that sales tax would have added on.
Solar Renewable Energy Credits (SRECs)
Many people have heard of either solar renewable energy credits (SRECs) or net metering. But there’s some confusion as to what the differences between these two programs are. We’ll explain SRECs below.
Many states have Renewable Portfolio Standards (RPS). This means that they have set time goals to get a certain percentage of their energy from renewable sources. Utility companies often offer rebates or incentives to customers with renewable energy systems. They do this to ensure that they meet standards set for them by the state RPS. One of these incentives is the SRECs. For every 1,000 kWh your solar panel system produces, you will receive an SREC. It doesn’t matter if the energy was sent to the utility grid or used by you, you will get SRECs. Your utility company will then buy these SRECs from you, and pay you directly for them.
Power New Mexico (PNM)
There are three tiers for solar panel systems, each of which have different application fees.
The customer must sign a REC purchase agreement which will have a term of 8 years.
Flat rate of $0.0025 per kWh produced.
Net Metering in Albuquerque
If you want to maximize the benefits your solar panels bring you, you should look into net metering. With net metering, your Albuquerque solar system is connected to your utility grid. When your solar panels produce more energy than is needed, the excess energy is sent to the utility grid. Your account is then credited for that energy, reducing your monthly utility bill.
New Mexico currently offers statewide net metering. ADT Solar will work with your utility company to handle all net metering requirements.
Choosing the best solar company in Albuquerque NM
Choosing the right solar panel company in Albuquerque New Mexico can be overwhelming, but we’ve put together a few tips to help you understand what to look for in a solar company.
Here are the three most important things when choosing a solar panel company:
- Make sure the company you’re choosing has warranties in place. Not only on the labor, but products as well. That way you know you and your investment are protected in the years to come.
- Read reviews about the company you’re choosing. While you’ll see a bad review here and there (just the nature of open reviews), make sure a large majority of the reviews aren’t negative and state the same problems over and over. That’s a clear indicator of a company to stay clear of, no matter how well known their name is.
- Choose a reputable company that’s been in the game for a while. Again, this way you are sure to protect your investment with a company that will continue to be there for you in the years to come.
ADT Solar, Solar Panel Installer in Albuquerque
Being energy efficient is important, not just in Albuquerque, but everywhere else too. And to be as energy-efficient as possible while saving money on your energy bills, you need the right company and the right equipment.
ADT Solar offers installations using only the best materials for our installations. Our solar panels come from top brands like solar panels from LG and micro-inverters from Enphase. When ADT Solar installs your Albuquerque solar panels, you can rest assured that it will be done according to the highest standards. We offer our unmatched 25 year labor warranty, and 25 year production guarantee with each installation to back up our work. Our solar panels come with 25 year manufacturer’s guarantee, and our Enphase microinverters come with a 25 year warranty also.
ADT Solar services the greater Albuquerque area. We offer turnkey solar solutions so that you can get your Albuquerque solar panels without having to worry about a thing. Contact us today to learn more!Free Solar Quote
See What Our Customers Are Saying
A big “Thank you” to the ADT Solar crew! An extra Thank You to Chris for his knowledge and help with redesigning my panel arrays to make them more esthetically appealing. The crew was courteous, professional, and efficient. They obviously took pride in their work, making sure they left a satisfied customer.
– Beverly Watson, ⭐⭐⭐⭐⭐
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