Solar in Santa Fe, NM
With Public Service Co of NM's electricity at about 16.9¢ per kWh and 1,777 kWh of sun per kW, solar is worth it for a typical Santa Fe home today: about a 11.5-year payback.
- Payback, typical home
- 11.5 yrsNew Mexico: 12.9 yrs
- 25-year net
- $16,712after paying $12,380
- Sun
- 1,777kWh per kW per year
- Electricity
- 16.9¢6% below U.S. average
A typical Santa Fe home, by the numbers
| Utility | Public Service Co of NM |
|---|---|
| Electricity use | 555 kWh a month |
| Best-value system | 3.7 kW, about 9 panels, 6,574 kWh a year (99% of use) |
| Cost | $12,380 |
| First-year savings | $1,089 |
| Payback | 11.5 years |
| Exported power | Full retail net metering (Public Service Co of NM) |
Cash purchase, no federal credit, 1.8% yearly rate increases. Run it with your own numbers.
Homes in Santa Fe
- Owner-occupied homes
- 64%
- Single-family detached
- 56%
- Median home value
- $445k
- Median year built
- 1986
- Population
- 89,019
- Solar installs, last 3 years*
- 1,037
- Roofs suitable for solar†
- 93%
Census ACS 2020–2024. *Installations in public records for this area's ZIP codes. †Share of 29,177 buildings Google Project Sunroof rated technically suitable (2019 snapshot).
Installers working in Santa Fe
Companies with the most installations in Santa Fe's ZIP codes over the last 3 years, from public records. We don't take payment for placement.
- Positive Energy 504 installs
- Affordable Solar 118 installs
- ION Solar 74 installs
- Our World Energy 64 installs
- Solar Works Energy 24 installs
- ADT Solar (SunPro) 23 installs
- Sunstate Solar 21 installs
- Poulin Design Remodeling 19 installs
- Sol Luna Solar 19 installs
- Nm Solar Group 16 installs
Always verify the license and get at least three quotes. Compare quotes side by side.
Questions about solar in Santa Fe
Is solar worth it in Santa Fe, NM?
For a typical home in Santa Fe, solar is worth it at 2026 prices: a 3.7 kW system costs about $12,380 after state incentives, saves about $1,089 in year one and pays back in about 11.5 years. Enter your address for an estimate based on your roof and bill.
How much solar power does a system produce in Santa Fe?
About 1,777 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 0% less than the New Mexico average. East- or west-facing roofs produce roughly 10–20% less.
Who is the electric utility in Santa Fe?
Most homes in Santa Fe are served by Public Service Co of NM, at about 16.9¢ per kWh on average. Some areas are served by Jemez Mountains Electric Cooperative, Los Alamos County.
How much do solar panels cost in Santa Fe?
A fair cash price is around $2.90 per watt before incentives, so about $12,380 for a 3.7 kW system. There's no federal tax credit for homeowners who buy in 2026.
Nearby
- Rio Rancho 11.4 yrs
- Albuquerque 11.5 yrs
- South Valley 11.6 yrs
- Farmington 14.9 yrs
- Clovis 13 yrs
- Roswell 10.3 yrs
- Alamogordo 10.4 yrs
- Las Cruces 14.1 yrs
- All of New Mexico
Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.