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Solar Benefits

Why Choose a Solar Photovoltaic System?

  • Locally-produced energy on site
  • No harmful emissions
  • No moving parts
  • Long system life – PV panels warranted 25 years
  • No noise
  • Energy independence
  • 30% Federal Tax credit and other financial incentives
  • Electric “net” metering of power – credit for solar electricity produced
  • REC metering – additional direct compensation by the utility for solar power generated
  • Hedge against rising electric rates due to fuel price escalation & the construction of new power facilities
  • Commercial systems: various modified and accelerated business depreciation scenarios
  • Financing available for residential, commercial, and government customers

Solar energy is the world’s oldest energy source — the fuel is free and inexhaustible. The total amount of energy from the sun striking the earth’s surface is enough to provide more than 10,000 times the annual global energy consumption. 21st century technology now provides the opportunity to effectively and efficiently use solar energy as a major energy source.

The effects of emissions from the burning of fossil fuels on this home we call earth, are well recognized by the worldwide scientific community. As we witness daily in the media, the impacts of climate change and global warming are no longer seen as something to be dealt with down the road at a later time, but requiring urgent attention and action now. Fossil fuel emissions are a significant problem in New Mexico, with two of the 50 dirtiest power plants in the United States located in the Four-Corners region.

We can all make a difference

Several solar technologies are being utilized and developed in New Mexico for residential, commercial, agricultural and industrial applications. Solar electric (photovoltaic) systems, as a distributed energy resource on buildings and sites are connected to the utility providing benefits to both customers and the utility system – environmentally and financially.

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