New Mexico Solar Tax Credit

New Mexico Taxation & Revenue Department

Available Solar & Renewable

About This Program

New Mexico state income tax credit for 10% of the purchase and installation costs of residential solar photovoltaic systems, up to $6,000. Can be combined with federal ITC. Excess credits may be carried forward up to five years.

State tax credit for 10% of solar system cost, max $6,000, stackable with federal ITC

Key Details

  • 10% state tax credit for solar, max $6,000
  • Stackable with 30% federal ITC
  • Residential solar PV systems
  • Excess credits carry forward 5 years
  • Available through 2027

How to Apply

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

Deadline: Available through December 31, 2027

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 Roswell, NM

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

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