Storage in
Santa Fe, NM

Updated 8/4/2024

How much do storage systems cost in Santa Fe, NM in 2024?

As of December 2024, the average storage system cost in Santa Fe, NM is $1300/kWh. Given a storage system size of 13 kWh, an average storage installation in Santa Fe, NM ranges in cost from $14,360 to $19,428, with the average gross price for storage in Santa Fe, NM coming in at $16,894. After accounting for the 30% federal investment tax credit (ITC) and other state and local storage incentives, the net price you'll pay for solar can fall by thousands of dollars.

Importantly, these costs are typical for shoppers comparing storage quotes on the EnergySage Marketplace. When you compare quotes for solar panels and batteries on EnergySage's competitive marketplace, you can expect to see prices up to 20% lower than working with a single company.

Average storage system cost by system size in Santa Fe, NM

System Size System Cost System Cost (after ITC)
10 kWh $12,995 $9,096
13 kWh $16,894 $11,825
20 kWh $25,990 $18,193
26 kWh $33,787 $23,651
Note: you can't claim the federal tax credit without installing solar panels alongside a battery system.

2024 average solar + storage cost in Santa Fe, NM

$22,295 - $64,787

There are several variables that impact the price you pay for a solar + storage system: the quality of the equipment you install, the type of inverters you choose, and the storage capacity and chemistry of your battery. This is an average price range for solar + storage installations in your area, and the specifics of your project will change the final price you pay.

Note: Showing cost data for Santa Fe County, NM.

battey size range image

Top 4 quoted battery models in Santa Fe, NM

Enphase Energy IQ Battery 5P
FranklinWH Energy Storage Inc…
SolarEdge Technologies BAT-10…
Tesla Powerwall 2

Top storage system installers in Santa Fe, NM

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