New Mexico Energy Savings Programs

Finray Solar offers community solar and energy savings programs designed for New Mexico residents.

Serving homeowners and renters across New Mexico

Albuquerque | Santa Fe | Las Cruces | Rio Rancho | Roswell | Farmington
Hobbs | Clovis | Carlsbad | and other surrounding communities

How New Mexico Residents Can Save on Electricity

Community solar in New Mexico allows NM residents and businesses to benefit from solar energy without installing panels on their own property. Instead, businesses and residents can subscribe to a share of a local “solar farm,” and the electricity it produces is credited to your utility bill, typically saving around 5–10% annually. It’s especially popular in New Mexico because it’s renter-friendly, requires little to no upfront cost, and expands access to clean, locally generated energy while reducing reliance on fossil fuels.

Community Solar Makes Sense in New Mexico

No roof required with community solar! New Mexico residents can subscribe to a local solar farm through Finray Solar and receive credits on their electricity bill without installing panels on their home. Instead of investing in rooftop equipment, community solar subscribers are allocated a portion of a shared solar array, and the energy it produces is applied directly to their monthly bill as savings. This makes solar accessible to renters, condo owners, and homeowners with shaded, obstructed, or otherwise unsuitable roofs.

community solar farm

Because there’s no installation, maintenance, or upfront cost in most cases, community solar is a simple, low-commitment way to switch to clean energy. Enrollment is quick, and many programs offer flexible terms, allowing residents to participate without long-term contracts. It’s an easy way to support local renewable energy projects, reduce reliance on fossil fuels, and lower electricity costs without ever needing solar panels on your property.

Who Can Participate in Energy Savings Programs in NM?

We work with residents across urban, suburban, and rural New Mexico communities. You may qualify if you:

Own a home

Rent or live in a condo (community solar is often ideal)

Pay an electric bill in New Mexico

Are served by utilities such as PNM, El Paso Electric, or Xcel Energy New Mexico

Want to reduce long-term energy costs

Are interested in clean energy solutions

Why Solar Is Growing in New Mexico

 

New Mexico’s clear skies and strong solar resources make it one of the most promising regions in the country for solar energy production. State tax credits and renewable energy programs have helped encourage solar development throughout the state. As a result, more NM residents are considering community solar as a way to harness the region’s abundant sunshine and reduce long-term electricity costs.

Happy Renters and Homeowners

Join 75,000+ satisfied clean energy subscribers!

All testimonials are provided by actual Finray Solar customers.

Why New Mexico Residents Trust Finray Solar

We offer multiple savings options - not just one product

We provide transparent, side-by-side comparisons

We guide you through incentives and enrollment

We partner with trusted providers like Arbor

No pressure. Just smart energy decisions.

Unlock Your Guide to Community Solar

Download your free copy

What is Community Solar? Learn how it works, where to access it, and whether it’s the right choice for you.

community solar guide for beginners

Start Saving on Electricity in New Mexico

Whether you’re considering community solar or exploring other ways to reduce your electric bill, Finray Solar helps New Mexico residents understand their energy options and start saving as soon as possible.