New Mexico vs Vermont Solar Comparison
New Mexico gets more sun (6.2 hrs/day) while New Mexico has the faster payback (7.5 years).Vermont offers higher 20-year savings at $38,200.
New Mexico
6.2 hrs
7.5yr payback
$36,800
20yr savings
Vermont
3.6 hrs
8yr payback
$38,200
20yr savings
Side-by-Side Comparison
| Metric | New Mexico | Vermont |
|---|---|---|
| Peak Sun Hours | 6.2 hrs | 3.6 hrs |
| Cost per Watt | $2.80 | $3.35 |
| 6kW System Cost | $16,800 | $20,100 |
| Federal Tax Credit | 30% | 30% |
| State Tax Credit | 10% | None |
| State Rebate | None | None |
| Net Metering | Full Net Metering | Full Net Metering |
| Electricity Rate | 15.34¢/kWh | 21.43¢/kWh |
| Payback Period | 7.5 years | 8 years |
| 20-Year Savings | $36,800 | $38,200 |
Verdict
Vermont is the better state for solar ROI with $38,200 in 20-year savings and a 8-year payback period. New Mexico has more sun exposure at 6.2 hrs/day, making it ideal for maximum energy production. Both states qualify for the 30% federal solar tax credit.
Frequently Asked Questions
Is solar better in New Mexico or Vermont?
New Mexico gets more sun (6.2 peak hours/day vs 3.6). New Mexico has a faster payback (7.5 years) and Vermont offers higher 20-year savings ($38,200).
How do solar costs compare between New Mexico and Vermont?
A 6kW system costs $16,800 in New Mexico vs $20,100 in Vermont before incentives. Both qualify for the 30% federal tax credit.
Explore More
Was this data helpful?
Data verified March 2026 · Source: NREL, DSIRE, EIA