916 kWh
779 lbs
Savings
$0
/mo
To see how much lower your bill could be, clicknext to the energy upgrades below
Your energy costs
Edit or upload bill
Electricity
$136
/mo
Heating
$28
/mo
Gasoline
$325
/mo
Total
$489
/mo
Your energy costs
Edit or upload bill
Total
$489
/mo
Electricity
$136
/mo
Heating
$28
/mo
Gasoline
$325
/mo
Savings
$0
/mo
To see how much lower your bill could be, tapnext to the energy upgrades below
Average solar panel installation
$19,854
Average monthly bill without solar
$136Average monthly bill with solar
$0Solar will pay for itself in
9 yearsPowered by WattBuy’s data & insights on energy usage, costs, incentives and more. Ask Sunny all your questions about solar panels, whenever you have them.
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The estimated cost to install solar at your house is $19,854. We calculated this because we think your electricity usage for the year is about 11000 kWh, and a 6.05 kW size solar system on your roof would replace 100% of your usage. We are using an estimated cost of $4.53/W, which we get from Tracking The Sun.
The current electricity costs for Public Service Co of NM are 15¢/kWh. So, by replacing 100% of your usage, you’ll save $1,632 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 11.57 years. If the costs of Public Service Co of NM electricity rise 3%, then your savings will pay for your solar system in 11.23 years.
Solar installed at your house would generate different amounts of electricity during different months. We estimate that your production would vary from a high of 1010 kWh in March, to a low of 790 kWh in February. For the entire year, we estimate that your 6.05 kW sized system would produce 11000 kWh.
You may be eligible for a state tax credit of $6,000, from the state of New Mexico.
From Department of Energy Data, it looks like 18 homes have installed solar panels in your zip code, 87031. In your city, Los Lunas, 15 homes have installed solar panels. And in the state of New Mexico, 3,749 homes have installed solar panels.
There are 10 solar installers that operate in New Mexico. WattBuy recommends RGR Marketing, Modernize, and EnergySage.
Upfront Rebates
EV Charger
Who
Program
Value
Max
Likely
Value
$1,500
Max
—
Likely
—
Value
$1,500
Max
—
Likely
—
Value
$500
Max
—
Likely
—
Value
$500
Max
—
Likely
—
Value
$400
Max
—
Likely
—
Internal Revenue Service
Value
$30
Max
$1,000
Likely
—
Solar
Who
Program
Value
Max
Likely
Value
10% of cost
Max
$6,000
Likely
—
Ongoing Programs
EV Charger
Who
Program
Value
Value
$750/year or upfront
Value
$0.03/kWh
Smart Thermostat
Who
Program
Value
ecobee
Value
$50/year typical
Google Nest
Value
$40/year typical
Solar
Who
Program
Value
New Mexico
—
New Mexico
Value
—
Using this data-driven approach, we have created a machine learning model that can estimate electricity usage and carbon footprint for every home in the US. We then use this information to recommend the best options for you, so you can feel good that WattBuy is recommending something truly personalized.
Our electricity estimations are trusted by our partners at The Department of Energy's National Renewable Energy Laboratory, as well as many of the biggest consumer brands in the world.