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COBALT

NM Homeowners: Ditch your rising utility bill. Qualified homes transition to solar at no out-of-pocket-cost!

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SOLAR SAVINGS CALCULATOR

Enter your zip code below to see how much you can save with a $0 Down Solar Panel Installation


Did you know your electric bills increased by 20% in 2022 alone?

The Energy Transition Act of 2019 made New Mexico the 3rd State to legally require carbon-free electricity by 2045. Additionally, this legislation mandates that all power companies double renewable energy production by 2025.
 
To meet these mandates, Xcel is investing in wind and solar farms. If you live here in Clovis, there’s no doubt you have seen them going up outside of town. Xcel was legally required to disclose the information to you, which they did. What they failed to disclose was that in order to pay for these projects, in February 2022, Xcel Energy (SPS) received approval from the NEW MEXICO PUBLIC REGULATION COMMISSION to increase residential electricity rates by 20% for both the summer and winter months.
 

The Net Metering program allows qualified home owners to transition to their own solar project for NO out-of-pocket-cost. If your electric bill comes in around $100 a month or more, there’s good chance solar could save (and even make) you big money in its 30+ year lifespan. Solar lets you lock-in rates lower than what you currently pay to rent the same power from your utility.

The sooner you switch to solar, the more you’ll save over time. Connect with a local advisor to find out if you qualify for a $0 down solar installation today!

Did you know, on February 26, 2022, Xcel Energy received approval to increase your rates by 20%?

The Energy Transition Act of 2019 made New Mexico the 3rd State to legally require carbon-free electricity by 2045. Additionally, this legislation mandates that all power companies double renewable energy production by 2025.
To meet these mandates, Xcel is investing in wind and solar farms. If you live here in Clovis, there’s no doubt you have seen them going up outside of town. In order to pay for these projects, in February 2022, Xcel Energy (SPS) received approval from the NEW MEXICO PUBLIC REGULATION COMMISSION to increase residential electricity rates by 20% for both the summer and winter months.

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The Net Metering program allows qualified home owners to transition to their own solar project for NO out-of-pocket-cost. If your electric bill comes in around $100 a month or more, there’s good chance solar could save (and even make) you big money in its 30+ year lifespan. Solar lets you lock-in rates lower than what you currently pay to rent the same power from your utility.

The sooner you switch to solar, the more you’ll save over time. Connect with a local advisor to find out if you qualify for a $0 down solar installation today!

 

Everyone deserves access to affordable energy. That’s why our team has partnered with multiple NABSEP Certified Installers to provide high quality service to our hometown, Clovis, NM.

SOLAR ADVISOR

Justus Strickland

SOLAR ADVISOR

We connect homeowners with NABCEP Certified installers across 28 states!

This is why Puja & Amish decided to make the switch to solar energy.

“Why didn’t we do this sooner? We could have gone on vacation with the money we saved.”

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NM Homeowners take up to 36% off the total cost of their system.

In the beginning of 2021, congress extended the 26% Solar Investment Tax Credit until the end of 2022. If your system cost $34,000, you would be eligible for a $8,840 credit, bringing the net cost of your system down to just $25,160.
 
If your solar panels are powering your primary residence in the state of New Mexico, you’re eligible for an additional 10% off (or up to $6,000). That means an additional $3,400 back in credit, $12,240 in savings, and a net system cost of just $21,760!
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Our systems come with 30 years of production, guaranteed.

One of the most common questions our clients ask is how a solar warranty works. There are three types of solar warranties:

Finance your system for as little as 0.99% APR (OAC)*

A solar loan provides a key differentiator from a lease, ownership.  

With ownership comes an increase in home equity. A recent
study from Sandia National Laboratories highlighted clear data
that adding solar that is owned by the homeowner adds $4/watt of home
equity to the house. So if you have a 5kW or 5,000 Watt system, that’s
$20,000 of additional equity to your home.

Finance your system for as little as 0.99% APR (OAC)*

A solar loan provides a key differentiator from a lease, ownership.  

With ownership comes an increase in home equity. A recent study from Sandia National Laboratories highlighted clear data that adding solar that is owned by the homeowner adds $4/watt of home equity to the house. So if you have a 5kW or 5,000 Watt system, that’s $20,000 of additional equity to your home.
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Connect with an agent to see if you qualify for $0 down solar!

“What does solar cost?

The cost of going solar varies widely depending on how much electricity you use. One of our advisors will take a look at your annual electric usage to design a system with enough panels to offset ≥ 100% of the electricity needed to power your home.

 Request your no-obligation Solar Savings Report for a comprehensive breakdown of the options you have for your future with energy.

Need immediate assistance?

Give us a call at (575)268-9458

 


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