Albuquerque Solar Panel Cost
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Average labor costs to install solar lighting in albuquerque new mexico.
Albuquerque solar panel cost. The amount of the tax credit is then deducted from your federal taxes. Average costs for materials and equipment for solar panel installation in albuquerque. As of september 2020 the average solar panel cost in new mexico is 3 28 w. Given a solar panel system size of 5 kilowatts kw an average solar installation in new mexico ranges in cost from 13 940 to 18 860 with the average gross price for solar in new mexico coming in at 16 400.
All project costs surface preparation components and machinery and cleanup fees. Diy solar panel kits are a cost effective way to reduce your installation costs by about 50 over installation companies. As of september 2020 the average solar panel cost in albuquerque nm is 3 29 w. The 26 federal solar tax credit explained.
As of aug 2020 the average cost of solar panels in albuquerque is 3 46 per wattmaking a typical 6000 watt 6 kw solar system 20 757before the federal solar credit and 15 360after claiming the federal solar tax credit. This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt. New mexico has a state solar tax credit that is equal to 10 of the total purchase and installation costs of a solar panel system. The federal solar tax credit is equal to 26 of the total cost of installing solar panels on your home.
This solar panel installation albuquerque quote includes. 126 00 to 158 00 per fixture material costs.
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