New Solar Tax Credit for New Mexico

Governor Richardson of New Mexico just passed legislation for the “Solar Market Development Tax Credit” that offers an extra 10% off the purchase and installation of solar photo voltaic panel systems, in addition to the 30% Federal tax credits already in place. Any unused solar tax credits can be used for up to 10 years into the future after installing the solar panel system to your property. Now is the time to take advantage of up to $9,000 more available to defer the cost of a photo voltaic system for your home or business! You can find more information about the New Mexico solar market development tax credits by clicking on the image links above.