Question 1

What is the net metering rate in New Mexico?

Accepted Answer

The current net metering export rate in New Mexico is approximately $0.135/kWh under the Full Retail policy framework. Full retail net metering for systems up to 80% of customer load. Annual true-up. PRC oversight ensures fair compensation.

Question 2

What type of net metering does New Mexico have?

Accepted Answer

New Mexico uses a Full Retail net metering framework. Full retail net metering for systems up to 80% of customer load. Annual true-up. PRC oversight ensures fair compensation. The system size limit is Up to 80% of load.

Question 3

Is net metering available in New Mexico?

Accepted Answer

Yes, New Mexico has net metering available with a status of Active. The current policy took effect on 2020-01. The export rate is $0.135/kWh.

Question 4

How does New Mexico's NEM rate compare to the retail electricity rate?

Accepted Answer

New Mexico's NEM export rate of $0.135/kWh is 100% of the average retail electricity rate of $0.135/kWh. This means solar owners receive nearly full retail compensation for excess generation.

Net Metering in New Mexico

NEM Policy Details — New Mexico

Calculate Your NEM Savings in New Mexico

NEM Rate Comparison

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