Solar Panel Cost Guide in Mexico, MO (2025 Update)
- Mexico Solar Installation Cost: $17,186
- 25-Year Savings: $22,869
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Mexico
Find out what the average cost of solar panel installation is in Mexico.
The national average cost of solar panels is $2.66 per watt, but in Mexico it’s 3 per watt.Since a 7.3-kW system is needed to cover the energy usage of a typical home in Mexico, the average price of going solar will be about $17,186 after claiming the federal solar tax credit of 0.
The true cost of your system can go above or below the average in Mexico depending on several factors, such as the type of solar panels you choose and the solar company you hire.Many homeowners find adopting solar power is a sound investment. The average homeowner in Mexico can save around $19,000 on their power bills over 20 years.
You can click the button below to get connected with a top solar company in Mexico for a quote for your home.
Solar savings over time in Mexico
| Year | Return on Investment |
|---|---|
| 1 years | $-15,895 |
| 3 years | $-13,314 |
| 5 years | $-10,733 |
| 7 years | $-8,152 |
| 9 years | $-5,570 |
| 11 years | $-2,989 |
| 13 years | $-408 |
| 15 years | $2,173 |
| 17 years | $4,754 |
| 19 years | $7,335 |
| 21 years | $9,916 |
| 23 years | $12,497 |
| 25 years | $15,079 |
Top Solar Installers in Mexico
Trying to put up solar panels by yourself can be a time-consuming project, which is why using a solar installer is a good option for many homeowners. Plus, if you’d like to maximize your investment in solar, using a solar company can help with that too. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives, rebates and net metering programs.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Mexico
Factors that Affect Solar Panel Costs in Mexico
The cost of installing a solar system in Mexico can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend about $3,370 per kilowatt in Mexico.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Mexico, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Mexico offer solar loans, which reduce your upfront costs of installing solar panels.However, the interest on solar loans also increases your overall costs, so it’s important to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in Mexico, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and find a company that offers the products, warranties and services you’re looking for and also is within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.50 | $14,720 | $14,992 | 12.4 years |
| 8 kW | $3.44 | $19,249 | $20,367 | 12.1 years |
| 10 kW | $3.37 | $23,590 | $25,931 | 11.9 years |
| 12 kW | $3.30 | $27,742 | $31,683 | 11.7 years |
| 14 kW | $3.24 | $31,705 | $37,624 | 11.4 years |
| 16 kW | $3.17 | $35,479 | $43,754 | 11.2 years |
| 18 kW | $3.10 | $39,065 | $50,072 | 11.0 years |
| 20 kW | $3.03 | $42,462 | $56,579 | 10.7 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Mexico, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Contract: Read the contract terms carefully to make sure you understand the total cost, project timeline incentives and warranties.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Installation Process: When making the switch to solar, it’s important to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the project timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Mexico, MO Solar Cost FAQs
How much does it cost to install solar panels in Mexico?
The average cost of solar panels in Mexico is about $16,850 for a 5-kW system and $33,700 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Mexico?
You can’t get solar panels for free in Mexico. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Mexico, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.