New Mexico solar in numbers, 2024
Every figure below is computed by us from the Form EIA-861 annual files. Ranks are out of 51 jurisdictions, highest first.
| Measure | New Mexico | Rank |
|---|---|---|
| Households with a metered rooftop system61,209 systems across 936,098 residential accounts | 6.54% | 7th of 51 |
| Average system sizeNational average 6.74 kW | 5.35 kW | 49th of 51 |
| Residential priceDerived average across the state, not a tariff | 14.20¢/kWh | 31st of 51 |
| Consumption per accountWhat a system here is typically sized against | 7,849 kWh/yr | 39th of 51 |
| Systems with a battery112 paired systems | 0.18% | 40th of 51 |
| Third-party ownedLeased or under a power purchase agreement | 7.7% | 21st of 51 |
| Five-year growth4,581 systems added in 2024 | 19.1%/yr | 37th of 51 |
| Installed capacityResidential net-metered capacity | 327.4 MW | — |
What the adoption figure means
A mature market by national standards, which usually means several credible installers to compare and a permitting process that is not learning on your job.
Residential electricity in New Mexico averaged 14.20¢ per kilowatt-hour in 2024, 31st of 51 and below the national average of 16.48¢. Prices are close to the national middle, so the export rate your particular utility offers usually decides the outcome rather than the retail rate. Prices and adoption across all 51.
System size and consumption
The average New Mexico system was 5.35 kW in 2024, ranking 49th of 51. Households consumed an average of 7,849 kilowatt-hours a year (39th of 51) — the figure a system here is sized against.
Size your own system from your own kilowatt-hours, not from this average — how to do that.
Who owns the systems
7.7% of New Mexico systems were third-party owned in 2024 — leased or under a power purchase agreement rather than owned by the householder. That is 21st of 51.
Third-party ownership is common, so leases and PPAs will be presented alongside purchase. Who claims the federal credit · ownership across all 51.
Battery attachment
0.18% of New Mexico solar systems were paired with a battery in 2024, 40th of 51 — 112 paired systems.
Attachment is below average, which usually means exports still pay well enough that storing surplus is not the better trade. Attachment across all 51 · does a battery belong in your project.
Where the market is going
New Mexico added 4,581 systems in 2024 and has grown at 19.1% a year over five years, 37th of 51. Where growth has turned.
Solar companies and licensing in New Mexico
We checked 62 New Mexico solar companies against the state licence register. 0.0% did not hold a current licence at the time of checking .
How to verify a licence before you sign.
Method
Figures are computed by HyreSolar from the Form EIA-861 2024 annual files — net-metered residential systems only, penetration counted against residential accounts, sizes as means. EIA publishes the inputs, not these ratios. Full methodology and the underlying CSV.
None of these figures is an estimate for your property. What to work through before you talk to anyone.
Common questions
How many homes in New Mexico have solar?
61,209 residential net-metered systems were recorded in New Mexico in 2024, against 936,098 residential electricity accounts — 6.54% of households, 7th of 51 jurisdictions. That is a HyreSolar calculation from Form EIA-861.
What size solar system is typical in New Mexico?
The average net-metered residential system in New Mexico was 5.35 kW in 2024, against a national average of 6.74 kW. Your own system should be sized from twelve months of your kilowatt-hours and your usable roof, not from a state average.
Do people in New Mexico add batteries to solar?
0.18% of New Mexico systems were paired with storage in 2024, 40th of 51. Battery attachment tracks outage frequency and export rules more than it tracks sunshine.
Is New Mexico a good state for solar?
On the measures we can compute: residential electricity averages 14.20¢/kWh (31st of 51), households use 7,849 kWh a year (39th of 51), and 6.54% have installed a system (7th of 51). Retail price and export rules move the answer far more than sunshine does, and both are set by your specific utility rather than by the state.
Source: US EIA, Form EIA-861, 2024 final release, retrieved 2 September 2026. Figures marked as a HyreSolar calculation are derived by us and are not official EIA statistics.