Solar in New Mexico: payback, sun by city and utility-scale capacity
Across 5 New Mexico cities, yearly output runs from 1,773 kWh per kW in Farmington to 1,818 in Las Cruces. May is the best month at 177 kWh per kW and Dec the worst at 115. New Mexico pays back in 11.2 years at $3.00 a watt (rank 13 of 51), 2.3 years shorter than the middle state. 1,784 kWh per kW (rank 2) at 15.08 ¢ (rank 30 from the top): sunshine drives it. Utility-scale solar in New Mexico: 2,914 MW in 103 plants, 15.9% of 2025 generation; 2,076 MW more under construction or planned.
Sun inside New Mexico: 5 cities, 3% apart
| New Mexico city | kWh per kW a year | Against state point | Sun, kWh/m2 a day | Payback at $3.00 | Residents |
|---|---|---|---|---|---|
| Albuquerque | 1,779 | -0.3% | 6.42 | 11.2 | 562,488 |
| Las Cruces | 1,818 | +1.9% | 6.60 | 10.9 | 112,612 |
| Santa Fe | 1,777 | -0.4% | 6.32 | 11.2 | 88,224 |
| Roswell | 1,775 | -0.5% | 6.41 | 11.2 | 47,823 |
| Farmington | 1,773 | -0.6% | 6.32 | 11.2 | 46,339 |
New Mexico state point 34.63, -106.36; city points Albuquerque 35.10, -106.65; Las Cruces 32.33, -106.79; Santa Fe 35.66, -105.98; Roswell 33.37, -104.53; Farmington 36.75, -108.18. Panel and method: solar method.
Output by month in New Mexico cities: 12 rows
| New Mexico month | Albuquerque | Las Cruces | Santa Fe | Roswell | Farmington |
|---|---|---|---|---|---|
| Jan | 121.3 | 125.0 | 122.0 | 123.8 | 110.6 |
| Feb | 127.1 | 137.5 | 121.5 | 129.9 | 115.7 |
| Mar | 159.7 | 167.1 | 160.2 | 157.2 | 160.2 |
| Apr | 171.4 | 176.2 | 167.9 | 171.7 | 165.7 |
| May | 180.1 | 182.8 | 179.7 | 175.9 | 184.7 |
| Jun | 173.2 | 168.5 | 173.1 | 164.7 | 176.1 |
| Jul | 162.3 | 149.2 | 159.2 | 161.9 | 168.6 |
| Aug | 154.6 | 157.1 | 155.4 | 159.8 | 166.9 |
| Sep | 151.0 | 151.3 | 154.4 | 146.8 | 155.8 |
| Oct | 142.6 | 151.8 | 147.0 | 143.8 | 144.0 |
| Nov | 123.8 | 131.2 | 123.2 | 122.5 | 117.9 |
| Dec | 111.9 | 119.8 | 112.9 | 117.4 | 106.7 |
New Mexico: 5 cities, best month 185 and worst 107 kWh per kW across them.
CSVBest and worst month in New Mexico: May 177, Dec 115 kWh per kW
| New Mexico month | kWh per kW | Price ¢ | Value per kW | kWh per kW per sun unit |
|---|---|---|---|---|
| Jan | 129.0 | 13.66 | $17.62 | 0.82 |
| Feb | 131.0 | 14.53 | $19.03 | 0.80 |
| Mar | 155.7 | 14.78 | $23.01 | 0.78 |
| Apr | 165.9 | 14.35 | $23.81 | 0.77 |
| May | 177.4 | 14.50 | $25.72 | 0.75 |
| Jun | 170.5 | 14.68 | $25.03 | 0.72 |
| Jul | 149.2 | 15.80 | $23.57 | 0.72 |
| Aug | 152.0 | 16.19 | $24.61 | 0.72 |
| Sep | 152.9 | 16.52 | $25.26 | 0.74 |
| Oct | 154.4 | 14.95 | $23.08 | 0.77 |
| Nov | 131.0 | 15.61 | $20.45 | 0.80 |
| Dec | 114.8 | 14.66 | $16.83 | 0.82 |
New Mexico: December to February give 21% of a year (rank 49 of 51, 1 = most winter); the best month is 1.5 times the worst. Output per unit of sun is highest in Dec (0.82) and lowest in Jul (0.72); PVWatts lowers cell output when the panel is hot, and the sun angle changes with the season. Our runs use one fixed 14% loss figure for every place, so snow or soiling in New Mexico is not modelled separately.
New Mexico: payback 11.2 years, rank 13 of 51
| Measure | Value | Rank of 51 | Median state |
|---|---|---|---|
| Output of 1 kW a year, kWh | 1,784 | 2 | 1,372 |
| Home price, ¢ per kWh | 15.08 | 30 | 15.37 |
| Value of 1 kW a year | $269 | 13 | $222 |
| Payback at $3.00 a watt | 11.2 years | 13 | 13.5 years |
EIA-861 (2024): 50,219 home net-metered systems in New Mexico, 53.6 per 1,000 accounts (rank 10), average 6.2 kW.
Sizes and prices per watt in New Mexico
| New Mexico kW | kWh a year | Value a year | Cost at $2.50 | At $3.00 | At $3.50 | t CO2 |
|---|---|---|---|---|---|---|
| 4 | 7,135 | $1,076 | $10,000 | $12,000 | $14,000 | 2.5 |
| 6 | 10,703 | $1,614 | $15,000 | $18,000 | $21,000 | 3.7 |
| 8 | 14,270 | $2,152 | $20,000 | $24,000 | $28,000 | 5.0 |
| 10 | 17,838 | $2,690 | $25,000 | $30,000 | $35,000 | 6.2 |
| 12 | 21,406 | $3,228 | $30,000 | $36,000 | $42,000 | 7.5 |
| New Mexico $ per watt | 100% retail | 75% | 50% | 25% |
|---|---|---|---|---|
| $2.00 | 7.4 | 9.9 | 14.9 | 29.7 |
| $2.50 | 9.3 | 12.4 | 18.6 | 37.2 |
| $3.00 | 11.2 | 14.9 | 22.3 | 44.6 |
| $3.50 | 13.0 | 17.3 | 26.0 | 52.0 |
| $4.00 | 14.9 | 19.8 | 29.7 | 59.5 |
New Mexico: 1,784 kWh/kW × 15.08 ¢ = 269 a year per kW; the 30% column (7.8 years at $3.00) is arithmetic only.
CSVUtility-scale solar in New Mexico: 2,914 MW
New Mexico: 2,914 MW of operable utility-scale solar in 103 plants across 24 counties (EIA-860, 2025), rank 15 of 51; 1378 W per resident, rank 2. Solar made 15.9% of New Mexico's net generation in 2025 (EIA-923), rank 5, +9.1 points against the national share. Biggest plants: Arroyo Solar Energy Storage Hybrid in McKinley County, 300 MW (2024); Atrisco Solar LLC in Bernalillo County, 300 MW (2024); San Juan Solar I in San Juan County, 200 MW (2024). By county: McKinley 508 MW, Bernalillo 461 MW, Valencia 270 MW, Sandoval 262 MW. Proposed: 1,163 MW under construction (16 plants) and 913 MW planned (12 plants); batteries 1,034 MW running and 1,254 MW proposed.
| New Mexico year | MW added | Cumulative share of today's MW |
|---|---|---|
| 2019 | 110 | 4% |
| 2020 | 62 | 6% |
| 2021 | 5 | 6% |
| 2022 | 67 | 8% |
| 2023 | 328 | 20% |
| 2024 | 1190 | 60% |
| 2025 | 588 | 81% |
Net metering and CO2 in New Mexico
EIA-861 (2024): 50,219 home net-metered systems in New Mexico, 53.6 per 1,000 accounts (rank 10), average 6.2 kW.
6 kW in New Mexico: 10,703 kWh a year displaces 3.7 t CO2 at 0.349 kg per kWh, +0.7 t against the average state.
New Mexico utilities and solar payback
| New Mexico utility | Homes | Price ¢ | Value of 1 kW | Payback at $3.00 |
|---|---|---|---|---|
| Public Service Co of NM | 492,945 | 15.57 | $278 | 10.8 yr |
| City of Farmington | 35,990 | 12.69 | $226 | 13.3 yr |
| Jemez Mountains Elec Coop, Inc | 28,093 | 15.36 | $274 | 10.9 yr |
| Kit Carson Electric Coop, Inc | 26,097 | 18.18 | $324 | 9.3 yr |
| Continental Divide El Coop Inc | 20,415 | 16.02 | $286 | 10.5 yr |
| Central New Mexico El Coop, Inc | 19,126 | 17.16 | $306 | 9.8 yr |
| Otero County Electric Coop Inc | 16,448 | 17.65 | $315 | 9.5 yr |
| Farmers Electric Coop, Inc | 10,258 | 12.87 | $229 | 13.1 yr |
| Los Alamos County | 7,742 | 14.15 | $252 | 11.9 yr |
| Lea County Electric Coop, Inc | 7,217 | 10.07 | $180 | 16.7 yr |
| Central Valley Elec Coop, Inc | 6,150 | 8.91 | $159 | 18.9 yr |
| Roosevelt County Elec Coop Inc | 3,918 | 12.07 | $215 | 13.9 yr |
New Mexico among its neighbours
| Closest to New Mexico | Payback, years | kWh per kW | Price, ¢ | Utility-scale solar, points of generation | Miles away |
|---|---|---|---|---|---|
| New Mexico (this page) | 11.2 | 1,784 | 15.08 | 15.9 | - |
| Arizona | +0.0 | -34 | +0.24 | -2.6 | 329 |
| Colorado | +1.2 | -250 | +0.77 | -6.0 | 349 |
| Utah | +3.7 | -243 | -2.01 | +1.5 | 503 |
| Oklahoma | +4.1 | -289 | -1.96 | -15.1 | 537 |
New Mexico against its neighbours in the payback ranking
Your numbers for New Mexico
Limits in New Mexico
New Mexico: with the old 30% credit (IRS, ended 2025) payback would be 7.8 years instead of 11.2, so the calculator starts at 0%. No New Mexico export rates in our data: output counts at 15.08 ¢. All limits.
Sources for New Mexico
- PVWatts v8 (NLR), 5 New Mexico cities and one state point: 1,784 kWh per kW
- EIA-860 2025 and EIA-923 2025: 2,914 MW of solar in New Mexico
- EIA-861 2024: 50,219 net-metered systems in New Mexico
- EIA retail sales 2025: 15.08 ¢ per kWh in New Mexico
- IRS 25D (ended 2025): 7.8 years in New Mexico with it; licences and periods for New Mexico
More about New Mexico
New Mexico electricity hub, New Mexico EV charging: 489 stations, where New Mexico ranks for rooftop solar, 11.2 years against 51 states, New Mexico calculators.
Questions
New Mexico sunshine for solar panels?
1,784 kWh per kW a year at the state point, rank 2 of 51; from 1,773 in Farmington to 1,818 in Las Cruces.
New Mexico utility-scale solar capacity?
2,914 MW in 103 plants (EIA-860), 1378 W per resident, rank 2; 2,076 MW proposed.
Winter cut in New Mexico solar output?
December to February give 21% of the year; May makes 177 kWh per kW and Dec 115.
Where in New Mexico is solar best?
Yes: 3% between Farmington and Las Cruces in yearly output.
New Mexico electricity from solar, what share?
15.9% of 2025 net generation, rank 5 of 51, +9.1 points against the nation.
Net metering in New Mexico?
50,219 systems, 53.6 per 1,000 accounts, rank 10.
Solar payback in New Mexico?
11.2 years at $3.00 a watt; 9.3 at $2.50; 13.0 at $3.50; 1,784 kWh per kW at 15.08 ¢.
New Mexico pays half price for exports?
Payback 22.3 years at a 50% retail share.
CO2 displaced in New Mexico?
3.7 t a year on 6 kW at 0.349 kg per kWh.
Federal solar credit in New Mexico: still available?
Ended 2025 (IRS 25D); with it New Mexico payback would be 7.8 years, not 11.2.