New Mexico Solar Market Development Tax Credit

New Mexico Energy, Minerals and Natural Resources Department

Available Solar & Renewable

About This Program

State income tax credit equal to 10% of solar photovoltaic system installation costs, up to $6,000. Can be combined with federal solar tax credits for maximum savings.

10% of installation cost as state tax credit, maximum $6,000

Data last verified 2026-06-09. How we verify our data.

Key Details

  • 10% state tax credit on solar installation
  • Maximum credit of $6,000
  • Combines with 30% federal solar credit
  • Available through 2027
  • No income restrictions

How to Apply

A grant-savvy contractor in Grants, NM can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Grants early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Deadline: Systems installed through 2027

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Grants, NM

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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