The cost of solar panels in Alamogordo, NM (2024)

Updated Dec 17, 2024

  • You'll pay an average of $13,766 to install a 5 kilowatt solar panel system in Alamogordo, NM, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

Don't overpay for solar in Alamogordo

Compare multiple offers and save up to 20%

Please enter a five-digit zip code.

Written by: Emily Walker

As of December 2024, the average solar panel system costs $2.75/W including installation in Alamogordo, NM. For a 5 kW installation, this comes out to about $13,766 before incentives, though prices range from $11,701 to $15,831. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Alamogordo, NM

Good Price
$11,701 or less
Market Average
$13,766
High Price
$15,831 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Alamogordo, NM state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $13,766 in Alamogordo, NM, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Alamogordo, NM

System Size
System Cost
System Cost (after ITC)
3 kW$8,260$5,782
4 kW$11,013$7,709
5 kW$13,766$9,636
6 kW$16,519$11,564
7 kW$19,273$13,491
8 kW$22,026$15,418
9 kW$24,779$17,345
10 kW$27,532$19,273

Are solar panels worth it in Alamogordo, NM?

Solar panels are worth it in most areas, including Alamogordo, NM. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $45,091 over 25 years (the warranty term of most solar panels) on electricity costs with a 5 kW system in Alamogordo, NM. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

Payback Period
9.67 Years
25-Year Savings
$45,091
Cost-per-Watt
$2.75

If you can't shell out $13,766 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2024
Please enter a five-digit zip code.
  • 100% free to use, 100% online
  • Access the lowest prices from installers near you
  • Unbiased Energy Advisors ready to help

The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in NM, here are some popular suggestions:

  • Sunfire Solar Systems, LLC
    Multi-state
    Established 2021
    Elite Installer
    Sunfire Solar is a locally owned and operated Solar Installation company originally located in the El Paso and La...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    25 Reviews

    Sunfire Solar is a locally owned and operated Solar Installation company originally located in the El Paso and La...
  • Freedom Solar Pros
    Multi-state
    Established 2011
    Elite Installer
    Our main focus is always on quality, both with equipment used and the installation performed. We offer the best w...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    3 Reviews

    Our main focus is always on quality, both with equipment used and the installation performed. We offer the best w...
  • Solar SME, Inc.
    Multi-state
    Established 2011
    Elite Installer
    Multi States
    At SolarSME, we aim to help homeowners to switch to clean power and maximize savings. Our top-tier so...
    Elite Installer
    Screened & Verified

    Multi States
    At SolarSME, we aim to help homeowners to switch to clean power and maximize savings. Our top-tier so...
  • Acorn Energy
    Multi-state
    Established 2016
    Elite Installer
    Our mission is to provide whatever level of energy independence you desire and to ensure your utmost satisfaction...
    Elite Installer
    Screened & Verified

    Our mission is to provide whatever level of energy independence you desire and to ensure your utmost satisfaction...
  • Green Chile Solar
    Rio Rancho, NM
    Established 2022
    Advanced Installer
    As a young and agile company, we cut unnecessary overheads, offering you the best deal out the gate. We have seve...
    Advanced Installer
    Screened & Verified
    5.0 /5.0
    13 Reviews

    As a young and agile company, we cut unnecessary overheads, offering you the best deal out the gate. We have seve...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Alamogordo, NM.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Alamogordo, NM. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

Save time & money

Request free quotes from vetted installers in minutes

Unbiased support

Our expert Energy Advisors will help you make the right decision

Trusted, local installers

We pre-screen and monitor all of our partners

Consumer reviews of EnergySage

Back to the top
Did you find this page helpful?
Discover whole-home electrification
Home solar
rooftop solar icon

Create your own clean energy with solar panels.

Community solar
community solar icon

Enjoy the benefits of solar without rooftop panels.

Heating & cooling
Heat pump icon

Explore heat pumps, the latest in clean heating & cooling technology.