In 2021, New Mexico passed community solar legislation which authorized projects to be built here. They are large, 30-acre solar farms that provide electricity to many households and businesses without barriers that can be faced with rooftop solar such as cost, home ownership or roof health. Community solar is available to renters and homeowners, no matter the condition of their roofs, and to people without capital to make an investment in other forms of solar. Community solar is cleaner and cheaper to produce.
Access to community solar helps limited-income New Mexicans lower their energy bills so that they can use these financial resources on other critical needs. Community solar projects pass the electricity-generating savings to their customers. Households with limited incomes will be able to save up to 30% on their monthly electric bill and market rate customers 10%. This savings is critical to lower the energy burden in households. Energy burden is the percentage that a household spends on their utility bills compared to their annual income. In middle-income homes, the energy burden is about 2%. In low-income homes in New Mexico, the energy burden goes as high as 30%.
Over the last two years, Prosperity Works has completed several community solar initiatives to ensure the deepest impact for low-income households in New Mexico. We wrote a best practice guide for the State of New Mexico so that the over 45 projects that will be built in the state will benefit our most vulnerable households.
Currently, we are partnering with several community solar projects to help households sign up for community solar. We want to share information about community solar with more New Mexicans. If you have a group that we should reach out to, please let us know.
If you would like us to provide you with more information about community solar, let us know by filling out this interest form.
Thank you to all our supporters who continue to sustain our work!
Prosperity Works Staff