Solar Panels in
Ranchos De Taos, NM

Updated 11/28/2020

How much do solar panels cost in Ranchos De Taos, NM in 2020?

As of December 2020, the average solar panel cost in Ranchos De Taos, NM is $3.71/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Ranchos De Taos, NM ranges in cost from $15,768 to $21,332, with the average gross price for solar in Ranchos De Taos, NM coming in at $18,550. After accounting for the 26% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

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

Average solar panel cost by system size in Ranchos De Taos, NM

System Size System Cost System Cost (after ITC)
3 kW $11,130 $8,236
4 kW $14,840 $10,982
5 kW $18,550 $13,727
6 kW $22,260 $16,472
7 kW $25,970 $19,218
8 kW $29,680 $21,963
9 kW $33,390 $24,709
10 kW $37,100 $27,454

2020 average solar panel cost graph in Ranchos De Taos, NM

for a 5kW system

Great Price
$15,768 or less
Market Average
$18,550
Above Market
$21,332 or more
Note: Showing cost data for Taos County, NM.

Solar installation costs do not include the 26% Federal Investment Tax Credit or local incentives. Learn more about local NM incentives, tax credits & rebates.

Payback Period

11.65 Years

20-Year Savings

$18,208

Cost per Watt

$3.71

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True Cost of Solar Guide™ for New Mexico

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Don’t get sold on the hype! Find out what solar should actually cost before you talk to your first sales rep. This PDF worksheet will walk you through the simple calculations you can make to determine what size solar PV system you need, and approximately how much it should cost.