Solar Panel Savings in Anthony, NM

Calculate how much you can save with solar panels in Anthony, New Mexico. Based on 6.2 peak sun hours/day and 12.1¢/kWh average electricity rate.

6.2

Peak Sun Hours/Day

12.1¢

Avg Rate (¢/kWh)

9 yr

Payback Period

$45k

25-Year Savings

Anthony Solar Overview

Population:9,360
Sunny Days/Year:272
Avg Temperature:56°F
Solar Penetration:1.9%
Utility Company:PNM Resources
Net Metering:Available

Calculate Your Anthony Solar Savings

3 kW15 kW

Anthony average: $109/mo

South-facing roofs produce the most energy

Add $8,000-$12,000 for whole-home battery backup

Annual Production

10,862

kWh/year

Annual Savings

$1,311

per year

Net System Cost

$11,466

after 30% ITC

Payback Period

8.7 yr

break-even time

25-Year Total Savings

$44,781

Monthly Savings

$109

Federal Tax Credit

$4,914

Cumulative Savings vs System Cost

$0k$12k$24k$35k$47kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemAnthonyNational Avg
Gross System Cost (6kW)$16,380$17,100
Federal Tax Credit (30%)-$4,914-$5,130
Net System Cost$11,466$11,970
Cost Per Watt$2.73/W$2.85/W

Solar Potential in Anthony

Sun Hours vs National Average

6.2 hrs
4.5 hrs

Anthony gets 38% more sun than the national average.

Climate Advantages

  • 272 sunny days per year
  • Average temperature: 56°F — cooler temps actually improve panel efficiency
  • Average roof size: 1,814 sq ft — enough for a 100-panel system

Anthony Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $16,380 system, that's a $4,914 credit. Valid through 2032.

New Mexico State Incentives

Federal 30% ITC; check local utility for additional rebates.

Net Metering — PNM Resources

PNM Resources offers net metering in Anthony. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.

Environmental Impact in Anthony

4.5

Tons CO2 Offset/Year

75

Equivalent Trees Planted

1.0

Homes Worth of Energy

Based on 10,862 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.

Solar Energy in Anthony, New Mexico

Anthony, New Mexico receives an average of 6.2 peak sun hours per day, placing it among the best cities in the country for solar energy production. With electricity rates averaging 12.1¢ per kWh from PNM Resources, below the national average, but with rates rising 2-3% annually, the long-term savings are still meaningful.

A typical 6kW solar system in Anthony produces approximately 10,862 kWh per year, saving homeowners an estimated $1,311 annually. The system pays for itself in about 8.7 years, after which you enjoy essentially free electricity for the remaining 16+ years of the system's warranty life.

Anthony has a solar penetration rate of 1.9% — indicating early-stage solar adoption with tremendous growth potential as prices continue to fall. The cost of living index of 89.8 (national average: 100) reflects a lower cost of living, keeping installation costs competitive.

Other Cities in New Mexico

Frequently Asked Questions

How much do solar panels cost in Anthony, NM?

The average cost of a 6kW solar panel system in Anthony is approximately $16,380 before incentives ($2.73/watt). After the 30% federal Investment Tax Credit, the net cost is about $11,466. Federal 30% ITC; check local utility for additional rebates.

How many peak sun hours does Anthony get?

Anthony, NM receives an average of 6.2 peak sun hours per day and approximately 272 sunny days per year. This is above the national average of 4.5 hours, making it an excellent location for solar energy.

What is the solar payback period in Anthony?

The average solar payback period in Anthony is approximately 9 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $44,781.

Does Anthony have net metering?

Yes, Anthony has access to net metering through PNM Resources. This allows you to earn credits for excess solar energy sent to the grid, significantly improving your solar investment returns.

Is solar worth it in Anthony, NM?

Absolutely. With a 9-year payback period and $44,781 in 25-year savings, solar is an excellent investment in Anthony. The 30% federal tax credit and local incentives help make solar financially attractive.

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