Solar & Energy Rebates in Santa Fe
Unlock thousands in savings. Residents of Santa Fe, NM can stack federal tax credits with state and local utility incentives for maximum ROI.
Avg System Cost
$14,720
Net After Incentives
$0
Payback Period
—
Lifetime Savings
—
Local Solar Economics
Average System Cost
$14,720
$2.94/W (median: $2.77/W)
Avg System Size
—
Santa Fe Savings Breakdown
| Item | Amount |
|---|---|
| Average System Cost | $14,720 |
| State Incentives (NM) | -$16,250 |
| Total Incentives | -$17,250 |
| Estimated Net Cost | $0 |
Data sourced from EnergySage & Rewiring America APIs. Incentive values are estimates based on a representative homeowner profile. Run the calculator for a personalised breakdown.
Available Incentives
11 programs available for NM residents
Affordable electric carshare. First test drive is free. Subsequent rentals are $4-$5/hr or a $35-50/day. Specific locations. Las Cruces coming soon.
via Forth
$1,000
100% credit
50% of cost up to $500 tax credit for Energy Star rated windows and doors, per product installed.
via Energy, Minerals, and Natural Resources Department
$500
50% credit
50% of cost up to $1,000 tax credit for insulation improvements, per product installed.
via Energy, Minerals, and Natural Resources Department
$1,000
50% credit
10% of cost of installing home solar, up to $6,000 refundable tax credit.
via Energy, Minerals, and Natural Resources Department
$6,000
10% credit
Up to $3,000 refundable tax credit for new, leased or used electric vehicle.
via Energy Conservation and Management
$3,000
flat amount
Up to $2,500 refundable tax credit for used electric vehicle. Credit amount steps down through 2029.
via Energy Conservation and Management
$2,500
flat amount
$1,000 tax credit for an Energy Star certified air source heat pump including installation.
via Energy, Minerals, and Natural Resources Department
$1,000
flat amount
$1,000 tax credit for an Energy Star rated ground source heat pump.
via Energy, Minerals, and Natural Resources Department
$1,000
flat amount
$500 tax credit for an electric vehicle charger product and installation costs.
via Energy, Minerals, and Natural Resources Department
$500
flat amount
Up to $400 refundable tax credit to install a level 1 or level 2 EV charger at home.
via Energy Conservation and Management
$400
flat amount
$350 tax credit for an Energy Star rated heat pump water heater including installation costs.
via Energy, Minerals, and Natural Resources Department
$350
flat amount
Solar Installers in Santa Fe
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Start CalculationSanta Fe Quick Facts
- 🏠 Eligible for federal ITC (30%)
- 💡 Cost per watt: $2.94/W
- 📈 Above-avg: $16,928
- 📉 Below-avg: $12,512
- 💰 Total incentives: $17,250
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