New Mexico Solar Market Development Tax Credit

New Mexico Taxation and Revenue Department

Available Solar & Renewable

About This Program

State tax credit worth 10% of the solar system installation cost, up to $6,000 for residential systems. Combines with federal solar Investment Tax Credit. Available to all New Mexico homeowners installing photovoltaic solar panels.

Tax credit equals 10% of system cost, up to $6,000 maximum

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

Key Details

  • 10% tax credit for residential solar installations
  • Maximum credit of $6,000
  • Combines with 30% federal solar tax credit
  • Available through December 31, 2027
  • No income restrictions

How to Apply

A grant-savvy contractor in Las Vegas, 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 Las Vegas 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: Through December 31, 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 Las Vegas, NM

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