← ScorecardNM · Rank #11 of 50
State Profile
New Mexico
Composite score 70 / 100
Rank
#11
Renewable
38%
Grid carbon
890lb/MWh
Full Metric Breakdown
New Mexico vs. the US average
Composite scoreUS avg 58.3/10070.0/100
Renewable shareUS avg 27.0%38.0%
Solar capacity / capitaUS avg 260.0W580.0W
Wind capacity / capitaUS avg 510.0W1230.0W
Residential ¢/kWhUS avg 16.1¢13.9¢
5-yr cost trendUS avg 17.0%15.0%
EV adoptionUS avg 1.2%1.0%
Grid carbonUS avg 828.2lb/MWh890.0lb/MWh
Net metering gradeUS avg CB
RPS ambitionUS avg CA
Incentives here
What's currently available in New Mexico
Federal ITC (Sec. 25D) expired Dec 31, 2025. State-level programs below remain active — deadlines enforced. Verified monthly against DSIRE.
- State income tax credit · varies
- Property tax exemption for PV equipment
- Net metering · grade B
- Low-income weatherization (federally funded)
What it would take
Modeled scenarios for NM
To hit 50% renewable~4 years
To hit 75% renewable~13 years
To hit 100% renewable~25 years
Assumes continuation of current deployment pace plus realistic grid-scale additions. Full methodology on the methodology page.