Colorado vs New Mexico - Solar Energy Comparison
CO
Colorado
Installations
108,882
Capacity
1,101 MW
Avg Cost
$4.37/W
System Size
10.1 kW
NM
New Mexico
Installations
53,058
Capacity
433 MW
Avg Cost
$4.95/W
System Size
8.2 kW
Detailed Comparison
| Metric | Colorado | New Mexico |
|---|---|---|
| Total Installations | 108,882 | 53,058 |
| Total Capacity (MW) | 1,101 | 433 |
| Avg Cost ($/W) | $4.37 | $4.95 |
| Median Cost ($/W) | $4.35 | $4.62 |
| Avg System Size (kW) | 10.1 | 8.2 |
| Residential % | 97% | 96% |
Colorado - Cost Trend ($/W)
Colorado Cost per Watt
New Mexico - Cost Trend ($/W)
New Mexico Cost per Watt
Verdict: Which State Is Better for Solar?
Coloradoedges ahead overall
- Colorado has more installations (108,882 vs 53,058)
- Colorado has lower average cost ($4.37/W vs $4.95/W)
- Colorado has more total capacity (1,101 MW vs 433 MW)
Note: The best state for solar depends on your specific situation, including roof orientation, local utility rates, and available financing.
Source: LBNL Tracking the Sun / U.S. Department of Energy