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Solar Panel ROI in Eddy County, NM

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

Avg System Cost

$7,536

After Tax Credit (30%)

$5,275

Est. Payback Period

1.1 yrs

25-Year ROI

2080%

Solar Economics in Eddy County

Investment Breakdown

System Cost (est.)$7,536
Federal Tax Credit (30%)-$2,261

Net Cost$5,275

Annual Savings

Est. Annual Energy Savings$4,599
Median Home Value$188,400

Median Household Income$77,458

About Eddy County, New Mexico

Eddy County in New Mexico has a median household income of $77,458 and median home value of $188,400. With an estimated payback period of 1.1 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.