Despite Trump Organization tariffs tax credit driving New Mexico solar market

Utilities are not your friends.

The cost of subsidizing, manufacturing, transporting, erecting and maintaining just one wind farm turbine bat and bird killer would take a thousand subscribers to energy self-reliance. Microgrid technologies are destined to enhance tribal sovereignty, free communities from electric monopolies and net-metering only gives control back to utilities enabled by moral hazard. Ice storms routinely knock out electric power on American Indian reservations often resulting in lost lives and the inevitable cyber attacks on the US will take down the grid for days, even months causing food shortages and mayhem.

The average cost of a household photovoltaic system is about $3/watt or around $12,810 before tax credits are factored in.
To help sustain industry momentum beyond the loss of federal credits, the governor and legislators pushed in this year’s legislative session to reinstate the 10% state income tax credit that ended in 2016. The Legislature approved the legislation, Senate Bill 29, and Gov. Michelle Lujan Grisham signed it into law Tuesday. “There’s a lot of backlog demand built up since the tax credit went away in 2016, so we believe we’ll reach the $8 million cap every year,” said SB 29 sponsor Senate Majority Whip Mimi Stewart, D-Albuquerque. “But we lowered the upper limit from $9,000 per system under the previous law to $6,000 now to spread the wealth around and finance more systems.” [Albuquerque Journal]
Leaving the grid has never been easier so anyone who can afford to it should do it now and with Trump still in the White House it's never been more urgent.

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