Solar Panels in
Jarales, NM

Updated 10/16/2021

How much do solar panels cost in Jarales, NM in 2021?

As of October 2021, the average solar panel cost in Jarales, NM is $3.11/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Jarales, NM ranges in cost from $13,218 to $17,882, with the average gross price for solar in Jarales, NM coming in at $15,550. 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 Jarales, NM

System Size System Cost System Cost (after ITC)
3 kW $9,330 $6,904
4 kW $12,440 $9,206
5 kW $15,550 $11,507
6 kW $18,660 $13,808
7 kW $21,770 $16,110
8 kW $24,880 $18,411
9 kW $27,990 $20,713
10 kW $31,100 $23,014

2021 average solar panel cost graph in Jarales, NM

for a 5kW system

Great Price
$13,218 or less
Market Average
$15,550
Above Market
$17,882 or more
Note: Showing cost data for Valencia 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

9.76 Years

20-Year Savings

$28,806

Cost per Watt

$3.11

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Top solar installers in Jarales, NM

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