New Mexico’s solar energy developers say their industry is finally hitting its stride as thousands of new residential and commercial customers opt to go solar, and more utilities nationwide turn to the sun for electric generation.
Most important, solar prices have spiraled downward. Prices for both residential systems and utility-scale power plants declined by more than 50 percent from 2008-14, according to a recent study by Lawrence Livermore National Laboratory. In 2015, prices overall fell another 17 percent, according to the SEIA.
“It shows the development and maturity of the industry,” said Ryan Centerwall, CEO of Albuquerque-based Affordable Solar, which installs systems here and sells them nationally.. “Even without state incentives, we’re still able to save customers money from day one and with no money down for a financed system, because it typically costs less now than for utility retail service.”