Solar Panels in
Lemitar, NM

Updated 6/8/2019

How much do solar panels cost in Lemitar, NM in 2019?

As of August 2019, the average solar panel cost in Lemitar, NM is $3.42/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Lemitar, NM ranges in cost from $14,535 to $19,665, with the average gross price for solar in Lemitar, NM coming in at $17,100. After accounting for the 30% 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.

2019 average solar panel cost graph in Lemitar, NM

for a 5kW system

Great Price
$14,535 or less
Market Average
Above Market
$19,665 or more
Note: Showing cost data for Socorro County, NM.

Solar installation costs do not include the 30% Federal Investment Tax Credit or local incentives. Learn more about local NM rebates and incentives.

Payback Period

10.53 Years

20-Year Savings


Cost per Watt


solar quote comparison on a computer

Learn how EnergySage helps you go solar

We are your solar allies. We provide a transparent and easy shopping process, and promise you’ll have all the information you need to go solar with confidence.

Learn more about EnergySage

Top solar installers in Lemitar, NM

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

See more solar companies in Lemitar, NM arrow icon
green calculator

Want a custom solar estimate for your home?

solar calculation

True Cost of Solar Guide™ for New Mexico

Download EnergySage’s DIY worksheet to better understand what solar should cost in your state

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.