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Solar Panel ROI in Bernalillo County, NM

Is going solar worth it in Bernalillo County? Here are the numbers.

Avg System Cost

$9,892

After Tax Credit (30%)

$6,924

Est. Payback Period

1.6 yrs

25-Year ROI

1442%

Solar Economics in Bernalillo County

Investment Breakdown

System Cost (est.)$9,892
Federal Tax Credit (30%)-$2,968

Net Cost$6,924

Annual Savings

Est. Annual Energy Savings$4,271
Median Home Value$247,300

Median Household Income$62,220

About Bernalillo County, New Mexico

Bernalillo County in New Mexico has a median household income of $62,220 and median home value of $247,300. With an estimated payback period of 1.6 years, solar is a strong investment for homeowners in this area.

These estimates use county-level medians and national averages for solar irradiance. Your actual ROI depends on roof orientation, shading, local utility rates, and available state/local incentives beyond the federal 30% ITC.

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Other Counties in New Mexico

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: EIA, NREL, DSIRE. Solar cost estimates based on county-level home values and national averages. This is not financial advice.

Solar Panel ROI in Bernalillo County, NM — Is Solar Worth It? | Elovane