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Solar panels cost in New Mexico
Most homeowners pay $18,900 – $31,400 (mid-range, typical $24,200, before sales tax), 1% below the national average.
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mid-range, typicalPrice levels in New Mexico
| Typical | Labour | Materials | |
|---|---|---|---|
| Basic | $16,800 $13,100 – $21,800 | $2,465 | $14,337 |
| Mid-range | $24,200 $18,900 – $31,400 | $3,452 | $20,730 |
| Premium | $32,200 $25,100 – $41,800 | $4,467 | $27,691 |
Why prices in New Mexico are different
Labour makes up about 14% of a mid-range solar panels job, around 40 hours of trade work. Tradespeople in New Mexico cost about 10% less than the national average (official wage data: BLS Occupational Employment and Wage Statistics), while materials are priced much the same across the country. That is why the total comes out 1% below the national figure.
New Mexico ranks 46 of 51 states for this job, from most to least expensive.
By area
| Location | Basic | Mid-range | Premium |
|---|---|---|---|
| Albuquerque, NM | $16,800 | $24,200 | $32,200 |
| Eastern New Mexico nonmetropolitan area | $16,800 | $24,200 | $32,200 |
| Northern New Mexico nonmetropolitan area | $16,900 | $24,200 | $32,200 |
| Santa Fe, NM | $16,800 | $24,200 | $32,100 |
| Farmington, NM | $16,700 | $24,100 | $32,000 |
| Las Cruces, NM | $16,600 | $23,900 | $31,800 |
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Frequently asked questions
How much does solar panels cost in New Mexico?
A mid-range job typically costs $24,200 before sales tax, with most homeowners paying between $18,900 and $31,400. A basic job is about $16,800 and a premium one about $32,200.
Is solar panels more expensive in New Mexico than the national average?
New Mexico: 1% below the national average. Labour makes up about 14% of a mid-range solar panels job, around 40 hours of trade work. Tradespeople in New Mexico cost about 10% less than the national average (official wage data: BLS Occupational Employment and Wage Statistics), while materials are priced much the same across the country. That is why the total comes out 1% below the national figure.
How much of the price is labour in New Mexico?
About 14% at the mid-range level, around 40 hours of work at local rates. The rest is materials, equipment and disposal, which vary much less between regions.
Where in New Mexico is it most expensive?
Albuquerque, NM is the most expensive area at about $24,200 for a mid-range job, and Las Cruces, NM the least expensive at about $23,900.
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