MySolarCheck

Colorado vs New Mexico - Solar Energy Comparison

CO

Colorado

Observed Records
108,882
Reported Capacity
1,101 MW
Avg Cost
$4.37/W
System Size
10.1 kW
NM

New Mexico

Observed Records
53,058
Reported Capacity
433 MW
Avg Cost
$4.95/W
System Size
8.2 kW

Detailed Comparison

MetricColoradoNew Mexico
Observed Installation Records108,88253,058
Reported Capacity (MW)1,101433
Avg Cost ($/W)$4.37$4.95
Median Cost ($/W)$4.35$4.62
Avg System Size (kW)10.18.2
Residential %97%96%

Colorado - Cost Trend ($/W)

Colorado Cost per Watt

200220082012201620202024

New Mexico - Cost Trend ($/W)

New Mexico Cost per Watt

200720092011201320152017201920212024

What the Dataset Shows

  • Colorado has more observed records in the source dataset (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)

Record counts and reported capacity reflect coverage in the LBNL release, not an overall ranking of state solar quality. A homeowner decision also depends on roof orientation, current utility tariffs, financing and local programs.

Primary dataset: LBNL Tracking the Sun 2024 release. Values are aggregates of observed records, not complete statewide totals.