Is New Mexico good for solar energy?

New Mexico is a great place to live if you’re considering going solar. Systems generate more solar power in New Mexico than systems in other areas of the country because of the abundant sunshine.

How many solar panels are in New Mexico?

History of solar policy in New Mexico As of 2018, New Mexico has installed almost 800 megawatts of solar energy capacity, placing it 16th on SEIA’s national ranking in 2018.

Does solar increase home value in New Mexico?

New Mexico does not raise your property taxes when you install solar panels on your property. Your home’s value will increase, but they won’t tax you on this portion.

Where is solar energy used in New Mexico?

Notable Installations in New Mexico Eubank Landfill Solar Array has installed one of the largest such installations with 2 MW of solar capacity at their location in Albuquerque. At 10 MW, Rio Communities Solar Energy Center in Rio Communities is among the largest solar installations in New Mexico.

What is the solar tax credit for 2020?

2020-2022: Owners of new residential and commercial solar can deduct 26 percent of the cost of the system from their taxes. 2023: Owners of new residential and commercial solar can deduct 22 percent of the cost of the system from their taxes.

Does nm have a solar tax credit?

The New Mexico Solar Market Development Tax Credit or “New Mexico Solar Tax Credit” was passed by the 2020 New Mexico Legislature and signed by New Mexico Governor Michelle Lujan Grisham. This bill provides a 10% tax credit with a savings value up to $6,000* for a solar energy systems.

Do you need a permit to install solar panels in NM?

A general solar PV electric system construction building permit for the mounting of the system on the roof will be required only if structural reinforcement is required by a structural engineer licensed in the state of New Mexico.

What is New Mexico’s license plate?

SANTA FE – New Mexico’s “Chile Capital of the World” license plate is the winner of America’s Best License Plate Award for 2017, the state announced in a news release.

How much value does a solar system add to a house?

Installing solar panels in a home not only helps to reduce current monthly utility bills; it can potentially increase the home’s value by up to 4.1% more than comparable homes with no solar panels, according to recent solar research done by Zillow — or an additional $9,274 for the median-valued home in the U.S.

Does New Mexico have a solar tax credit?

Who uses the most natural gas in New Mexico?

electric power sector
The electric power sector is New Mexico’s largest natural gas user and accounts for about 35% of the state’s total natural gas consumption. About 34% is used in the production and distribution of energy.

Where is the very large array in New Mexico?

The Very Large Array Radio Telescope is a two hour drive from Albuquerque, 50 miles west of Socorro, New Mexico. Travel through the small town of Magdalena and continue on US-60. Turn left onto NM-52 just west of mile marker 93. Drive 2.5 miles then turn right on NM-166 (Old Highway 60).

Where are the radio antennas in New Mexico?

The Very Large Array, one of the world’s premier astronomical radio observatories, consists of 27 radio antennas in a Y-shaped configuration on the Plains of San Agustin fifty miles west of Socorro, New Mexico.

How big is the NRAO very large array?

The Very Large Array, one of the world’s premier astronomical radio observatories, consists of 27 radio antennas in a Y-shaped configuration on the Plains of San Agustin fifty miles west of Socorro, New Mexico. Each antenna is 25 meters (82 feet) in diameter.

Where is the Very Large Array radio telescope?

The Very Large Array Radio Telescope is a two hour drive from Albuquerque, 50 miles west of Socorro, New Mexico.