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 for residential solar photovoltaic systems installed in New Mexico. Credit equals 10% of system cost up to $6,000. Can be combined with federal solar investment tax credit (30%).

State tax credit is 10% of solar installation cost up to maximum

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

Key Details

  • State tax credit up to $6,000 for solar PV
  • 10% of solar system installation cost
  • Available to all New Mexico homeowners
  • Combines with 30% federal solar tax credit
  • System must be installed by certified contractor

How to Apply

A grant-savvy contractor in Lovington, 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 Lovington 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: Tax year 2025, ongoing program

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 Lovington, NM

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