Solar Panel Cost Guide in Artesia, NM (2025 Update)

  • Artesia Solar Installation Cost: $14,955
  • 25-Year Savings: $27,012
  • Payback Period: 10.0 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 24, 2025

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Artesia

Let’s have a look at the average cost of solar panels in Artesia.

In Artesia, solar panels cost about 4 per watt on average.To account for the typical energy needs of the average home in Artesia, most homeowners require a 5.4-kilowatt system. Using the figure above, a solar installation costs around $14,955, or $21,386 before the federal solar tax credit of 0 is applied.

Keep in mind that the figures above are only estimates based on the average energy use of Artesia homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Despite the significant upfront cost, the average Artesia homeowner can save around $26,000 on their electricity bills over 20 years, which is one of the benefits of solar.

Click the button below to get connected to a highly rated solar installer in Artesia for a custom estimate.

Solar savings over time in Artesia

YearReturn on Investment
1 years$-14,191
3 years$-12,663
5 years$-11,136
7 years$-9,608
9 years$-8,080
11 years$-6,552
13 years$-5,025
15 years$-3,497
17 years$-1,969
19 years$-441
21 years$1,086
23 years$2,614
25 years$4,142

Top Solar Installers in Artesia

Although you can install solar panels yourself, it takes extra time and knowledge. That's one of the reasons almost all homeowners choose to hire a solar panel installer. Companies can also offer access to a large variety of the best solar panels and help you decide which one will be best for your family.

If you're looking for a solar company in Artesia, we've compiled a list of our top suggestions here:

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Best for Leasing

Sunrun

★★★★★
4.0
  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

See all of the solar companies in Artesia

Factors that Affect Solar Panel Costs in Artesia

For many Artesia homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Artesia, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.

Solar Equipment

The size of the solar energy system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,930. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your energy bills. Additionally, extra products, such as solar batteries, can bring your total well above the Artesia average.

Solar Financing Terms

Most solar installers in Artesia offer solar loans, which reduce your upfront costs of installing a solar system.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.

Solar Panel Installation Company

The remaining major cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Artesia, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$4.09$17,166$23,90310.4 years
8 kW$4.01$22,448$32,31110.2 years
10 kW$3.93$27,510$40,93910.0 years
12 kW$3.85$32,352$49,7879.8 years
14 kW$3.77$36,973$58,8559.6 years
16 kW$3.69$41,375$68,1439.4 years
18 kW$3.62$45,557$77,6519.2 years
20 kW$3.54$49,518$87,3809.0 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:

  • Contract: Read the contract terms carefully to make sure you understand the total cost, project completion timeline rebates and warranties.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
  • Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
  • Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
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Best for Leasing

Sunrun

★★★★★
4.0
  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Artesia, NM Solar Cost FAQs

What is the average cost of installing solar panels in Artesia?

This is a hard question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $19,650 for a 5-kW system and $39,300 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.

Is cost the most important thing to keep in mind when buying solar panels?

Cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.

Can you sell solar power back to the grid in Artesia?

The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.

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.