Enabled by the 2021 Community Solar Act, New Mexico’s community solar program puts the state’s world-class sunshine to work, delivering electric bill savings with no upfront costs or onsite installation. Businesses and residents receive solar credits that reduce costs while supporting local renewable power.

Savings rates are expected to be strong in Xcel/SPS territory, however this may result in opportunities being taken quickly. Businesses are advised to move quickly if interested.

Ideal Customer Profile:

Small and mid-sized businesses with consistent electricity use under 50 kW, along with nonprofit organizations of any size.

Typical Savings Rates:

Customers typically save around 10% annually on electricity, with higher savings available in limited situations.