EV Solar Calculator for Rio Rancho, NM
Homeowners in Rio Rancho pay an average of $110/month for electricity through PNM (Public Service Company of New Mexico). With 6.4 peak sun hours per day, solar can power both your home and EV charging.
6.4h/day
Peak Sun Hours
15¢/kWh
Electricity Rate
$110
Avg Monthly Bill
Full
Net Metering
Calculate Your EV Solar Needs in Rio Rancho
Adjust Your Details for Rio Rancho, NM
5,00030,000
0 kW15 kW
$
$2.00$7.00
15 MPG50 MPG
Your EV Solar Charging Estimate
Daily kWh for EV
8.7 kWh
Additional Solar Needed
1.4 kW
Additional Panels
4 panels
Additional Cost (before ITC)
$3,853
Cost After 30% ITC
$2,697
Annual Gas Savings
$1,026
Payback Period
2.6 years
Combined System
1.4 kW (4 panels)
* Estimates based on 6.4 peak sun hours/day in Rio Rancho, NM, 15¢/kWh electricity rate, 12,000 annual miles, Tesla Model 3 at 3.8 mi/kWh, 30% federal ITC, and $3.50/gal gas at 28 MPG comparison. Actual results may vary.
Local Solar Details for Rio Rancho
Utility & Permits
- Utility Company
- PNM (Public Service Company of New Mexico)
- Permit Cost
- $275
- Permit Timeline
- 2-3 weeks
- Net Metering
- full
EV Charging at a Glance
- Electricity Rate
- 15¢/kWh
- Avg Sun Hours
- 6.4h/day
- Avg Monthly Bill
- $110/mo
- System Cost
- $2.7/watt
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