Is Solar Worth It in Albuquerque, NM?

A data-driven analysis based on Albuquerque's electricity rates, sun exposure, and available incentives.

Yes, Solar Is Worth It in Albuquerque

With a 4.8-year payback and 622% ROI, solar is an excellent investment in Albuquerque.

4.8 years
Payback Period
$40,326
25-Year Savings
622%
Return on Investment
$6,480
Net System Cost
$112
Monthly Savings
$1,344
Annual Savings
4 kW
System Size
$432
Home Value Boost

Why Solar Works in Albuquerque

  • +Excellent sun exposure (6.4 peak hours/day)
  • +10% state tax credit stacks with federal 30% credit
  • +Full net metering — get retail credit for excess energy
  • +Estimated $432 increase in home value
  • +30% federal tax credit reduces upfront cost significantly
  • +Protection against future electricity rate increases (avg 3%/year)

Considerations

No significant drawbacks for solar in Albuquerque.

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