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Solar Panel Cost in Alamogordo, New Mexico
Local pricing, savings, and net metering data for Alamogordo homeowners.
$1,460
Annual Savings
3.5 yrs
Payback Period
$5,132
Net Cost
$44,738
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Alamogordo
System Size
5.8 kW
Annual Production
11,145 kWh
Gross System Cost
$15,903
Federal Tax Credit (30%)
-$4,771
State Incentive
-$6,000
Net Cost
$5,132
Monthly Savings
$122
CO₂ Offset/yr
10,253 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityEl Paso Electric
Net Metering PolicyModified Net Metering
Compensation RateAvoided cost rate
Capacity LimitNo overall limit
Electricity Rate$0.131/kWh
Peak Sun Hours6.6 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$6,000
New Mexico State Incentive — New Mexico offers a 10% state tax credit up to $6,000.
Common Questions
How much does solar cost in Alamogordo?
Solar in Alamogordo, New Mexico costs approximately $15,903 for a 5.8 kW system. After the 30% federal tax credit, your net cost is about $5,132.
What is the solar payback period in Alamogordo?
The estimated payback period for solar in Alamogordo is 3.5 years, based on a $150/month electric bill and local sun hours of 6.6 hrs/day.
Does El Paso Electric offer net metering?
El Paso Electric offers Modified Net Metering net metering. Avoided cost rate.