Is solar worth it in 87112 (Albuquerque, NM)?

With an average payback period of 7.9 years and 25-year savings of $42,425, solar panels in Albuquerque, New Mexico are an excellent investment.

How much do solar panels cost in 87112?

The average cost of a 6kW residential solar system in Albuquerque, New Mexico is $13,400 before incentives. The federal 30% Investment Tax Credit reduces this to about $9,380.

How much solar electricity does 87112 get?

Albuquerque receives 6.82 kWh/m²/day of solar irradiance. A 6kW system in zip code 87112 produces approximately 11,949 kWh per year.

Solar Panel ROI in 87112

Albuquerque, New Mexico — Is solar worth it here? Here's what the data says.

3.2x ROI Score

7.9 yrs Payback Period

$1,697/yr Annual Savings

$42,425 25-Year Savings

Your savings estimate

$ /mo bill

Annual savings $1,697

Payback 7.9 yrs

25-yr savings $42,425

Solar Calculator for 87112 (Albuquerque)

Adjust values to see your personalized solar ROI estimate for Albuquerque, New Mexico.

System Size

System Cost

Electricity Rate

$ /kWh

Solar Irradiance

6.82 kWh/m²/day

Based on NREL data for Albuquerque, NM

ROI Score 3.2x

Annual Production 11,949 kWh

Annual Savings $1,697

Payback Period 7.9 years

25-Year Savings $42,425

After 30% ITC $9,380

Solar Data for 87112 – Albuquerque, NM

Solar Irradiance 6.82 kWh/m²/day +37.5% vs national avg

vs New Mexico Avg +0.7% State avg: 6.25 kWh/m²/day

Electricity Rate $0.142/kWh New Mexico average rate

Annual Production 11,949 kWh 6kW system estimate

Albuquerque gets 6.82 kWh/m²/day (37.5% above national avg) and electricity at $0.142/kWh. The 7.9-year payback represents a solid return — the federal 30% ITC further reduces costs.

Solar Incentives for Albuquerque, New Mexico

★

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $13,400 system, that's $4,020 back.

★

Net Metering

Most New Mexico utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

★

New Mexico State Programs

Check with the New Mexico energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Albuquerque.

87112 vs New Mexico Average

Solar Irradiance

87112: 6.82 NM avg: 6.25

Payback Period

87112: 7.9 yrs NM avg: 8.9 yrs

Annual Savings

87112: $1,697 NM avg: $1,499

25-Year Savings

87112: $42,425 NM avg: $37,475

See the full New Mexico solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

87101 Albuquerque, NM 3.2x ROI 7.9 yr payback 87121 Albuquerque, NM 3.2x ROI 7.9 yr payback 87501 Santa Fe, NM 3.1x ROI 8 yr payback 79924 El Paso, TX 2.6x ROI 9.7 yr payback 79912 El Paso, TX 2.6x ROI 9.7 yr payback