IsGridUp

NM ENERGY GUIDE

Home Energy Independence Plan for New Mexico

New Mexico has excellent solar potential and moderate grid reliability. Wildfire risk is increasing and rural infrastructure can lead to longer outages.

New Mexico Grid Reliability

Reliability
7/10
Low Risk
EIA SAIDI/SAIFI 2023
Outages / Year
0.5
per customer
EIA SAIFI 2023
Avg. Duration
4
hours
EIA SAIDI 2023
Electricity Rate
15.1¢
per kWh
EIA 2026-02

Primary Outage Risks in New Mexico

Wildfires
Extreme heat
Rural infrastructure
Winter storms

New Mexico Energy Sources

Natural Gas40%
Coal20%
Nuclear18%
Renewables22%

Source: U.S. Energy Information Administration

New Mexico Incentives & Rebates

New Mexico offers a 10% state solar tax credit (up to $6,000 — among the best state credits). Gross receipts tax exemption on solar. Property tax exemption for solar. Net metering available. Note: The federal 30% residential solar tax credit expired December 31, 2025 for customer-owned systems. Solar leases and PPAs may still offer indirect savings from the commercial tax credit. Check with a tax advisor for current eligibility. Source: DSIRE.

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