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Solar pays for itself quickly

With significant federal and state tax incentives currently available, and the monthly REC checks from your utility, installing solar is a smart and profitable business decision which pays for itself quickly. Learn more about the different incentives below.
Solar ROI

Current incentives create a very compelling ROI.

Below is a sample ROI showing the first 12 years based on a $675,000 100Kw system and today's existing Federal, State (New Mexico) & utility incentives and tax credits. Of course, your actual system cost and ROI may differ depending on project specifics.

Year Electricity Production in kWh Projected Total Pre-Tax Income Tax Benefits Cumulative Return
1 170,000 $44,200.00 $256,941.00 $301,141.00
2 168,725 $44,518.09 $72,705.60 $418,364.69
3 167,460 $44,851.49 $43,623.36 $506,839.54
4 166,204 $45,200.56 $26,174.02 $578,214.12
5 164,957 $45,565.69 $26,174.02 $649,953.83
6 163,720 $45,947.26 $13,087.01 $708,988.09
7 162,492 $46,345.66 - $755,333.75
8 161,273 $46,761.32 - $802,095.06
9 160,064 $47,194.64 - $849,289.71
10 158,863 $47,646.07 - $896,935.78
11 157,672 $48,116.06 - $945,051.84
12 156,489 $48,605.05 - $993,656.89

If installed concurrent with an appropriate solar system, the cost of your new roof or reroof may also qualify for significant Federal Tax Credits. Contact us to learn more or receive a project consultation.

State Specific Incentives

Incentives differ from state to state. To find the incentives in your area, please select state below.

Don't see your state listed? Please contact us to learn about your state's incentives for solar and renewable energy.

Incentive information is based on DSIRE (Database of State Incentives for Renewables & Efficiencies).

Federal Incentives/Policies for Renewables & Efficiency


Financial Incentives
Corporate Deduction Corporate Depreciation Corporate Exemption Corporate Tax Credit Federal Grant Program Federal Loan Program Industry Recruitment/Support Personal Exemption Personal Tax Credit Production Incentive

Rules, Regulations & Policies
Appliance/Equipment Efficiency Standards Energy Standards for Public Buildings Green Power Purchasing/Aggregation Interconnection


Related Programs & Initiatives

Alternative Fuels and Advanced Vehicles Data Center
The U.S. Department of Energy's Alternative Fuels and Advanced Vehicles Data Center (AFDC) provides a wide range of information and resources to enable the use of alternative fuels and other petroleum-reduction options, such as advanced vehicles, fuel blends, idle reduction and fuel economy. The AFDC site offers a database of state and federal laws and incentives related to alternative fuels and vehicles, air quality, fuel efficiency, and other transportation-related topics.

Green Power Network
The U.S. Department of Energy's Green Power Network provides news and information on green power markets and activities, including opportunities to buy green power. This site provides state-by-state information on green power marketing and utility green power programs. In addition, the site lists marketers of renewable energy credits (RECs), also known as green tags or renewable energy certificates, which represent the environmental attributes of the power produced from renewable energy projects.

Weatherization Assistance Program
The U.S. Department of Energy's Weatherization Assistance Program (WAP) enables low-income families to reduce their energy bills by making their homes more energy-efficient. Through this program, weatherization service providers install energy-efficiency measures in the homes of qualifying homeowners free of charge. The WAP program web site offers a state-by-state map of opportunities, projects and activities.

Wind Powering America
The U.S. Department of Energy's Wind Powering America site provides state-by-state information on wind projects and activities, including wind working groups, validated wind maps, anemometer loan programs, small wind guides, state-specific news, wind for schools, workshops and web casts.