5 Best Solar Companies in Hobbs, NM (2024 Reviews)
We analyzed over 1500 solar companies in the nation,
and have selected the top 5 in Hobbs based on:
Customer review scores- Service area for Hobbs, NM
- Company policies and services offered
- Accreditations and certifications
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Average Hobbs homeowner saves $1,571/year with solar panels
Why you can trust EcoWatch
Best Solar Companies in Hobbs
Finding the best solar panel installation company for your house is a big decision, but it's one that can save you a lot of money in Hobbs. Because solar panels generate their own energy, they can vastly offset your electricity bill each month, if not entirely eliminate it. In fact, you could end up with about $19,000 of savings over 20 years.
In this article, we’ll help you narrow in on the top companies in your area.Read on to see our picks for the top solar companies in the city, or connect with a certified solar company near you right away by clicking the button below.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch Rankings for Solar Companies in Hobbs
Friesen Energy Solutions, LLC
Clear Pricing Policy
Limited information available on website
Services Offered
Skilled Repairs- Panel Installation
Endless Energy LLC
- Informative Resources
- Clear Pricing Policy
- Limited information available on website
Services Offered
- Cleaning and Maintenance
- Skilled Repairs
- Panel Installation
SunRey Technologies
- Informative Resources
- Free Quotes
- Reliable Customer Support
- Clear Pricing Policy
- Limited information available on website
Services Offered
- Panel Installation
Infinity Solar Solutions
- Reliable Customer Support
- Informative Resources
- Clear Pricing Policy
- Limited information available on website
Services Offered
- Cleaning and Maintenance
- Off-Grid Solar Systems
- Panel Installation
Synaptic Solar
- Clear Pricing Policy
- Free Quotes
- Limited information available on website
Services Offered
- Panel Installation
Methodology: How We Ranked the Best Solar Companies in Hobbs
EcoWatch's solar experts analyzed each solar company in Hobbs based on criteria such as its reputation in the industry, customer reviews, services, warranty coverage and financing. Using this solar methodology, we used the data we collected to rate and rank each company and narrow down our picks for the best solar companies in Hobbs
Below are some the criteria we examined specifically for New Mexico solar companies
- Brand reputation and certifications (20%): We take each company's Better Business Bureau (BBB) score into consideration, as well as how long the installer has been in business (at least 5 years is required, 10 preferred) and what type of solar certifications it holds.
- Customer reviews (20%): Trust is a top priority at EcoWatch, so we take customer experience under close consideration. We scour different review sites and customer testimonials when ranking our top solar companies, checking sites such as Trustpilot and Google Reviews. We also consider any potential complaints or lawsuits filed against these companies and award or remove points accordingly.
- Warranty (20%): A company earns a perfect score in this category if it offers 25-year warranties that cover performance, product and workmanship. The industry standard that we measure companies against is 25-year product and performance warranties, along with a 10-year workmanship warranty. We also look closely into the track record of the post-installation support each company provides in terms of honoring its contracts
- Solar services (10%): All of the companies we review install solar panels, but we award companies higher points if they offer additional services for customers, like battery installation, energy-efficiency audits, and EV chargers.
- Pricing and financing (10%): It's hard to get exact quotes for solar projects, but we use marketplace research to determine how each company prices its equipment and installation services. Additionally, companies that offer more help for panel financing — like in-house loans, leases, or PPAs — score higher than those that don't.
- Availability (10%): The bigger the service area, the higher the company will score.
- Transparency and accessibility (5%): Solar installers that offer free consultations and easy contact methods score higher in this category.
- Environmental, social and corporate governance factors (5%): A company earns a perfect score in this category if it offers public data disclosure, addresses end-of-life (EOL) products or processes, and demonstrates a commitment to uplifting the communities that it serves.
The Cost and Benefits of Solar in Hobbs
When picking a solar company, most homeowners or business owners worry about the costs above all.There are several factors you should take into consideration when trying to figure out the overall cost and how much you can save, including:
- Your income and budget: This affects what kind of solar panels you can get.
- Your current energy bills: Solar panels can dramatically lower, or completely eradicate, your utility bills. In Hobbs, you can save an average of $764 a month.
- Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 0 of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $19,000 over 20 years on your energy bills.
- Electricity consumption: The average home in Hobbs uses a decent amount of, and so may save on their energy bills.
Thanks to the cost of solar panels being lower than before as well as local and federal solar incentives, they are a worthwhile investment for many homeowners.
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For an estimate of both how much you could save and help the environment by installing a solar panel system, you can test out the calculator below. You can also view our solar panel cost guide for Hobbs, NM.
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Solar Incentives in Hobbs
One of the good things about installing a solar panel system is receiving government incentives.There are a lot of federal, state and local rebates and tax credits that can earn you anywhere from 0 to 50% of your money in return after paying for a solar panel system. Our article on solar incentives goes over more information on the incentives you can benefit from in Hobbs.
Environmental Impact of Switching to Solar in Hobbs
Making the switch to solar power is a profound way to do what you can for a greener future.But how much can installing solar panels actually affect the environment? For people who want to help preserve the planet, going solar is an easy decision, especially since Hobbs produces a very high amount of carbon dioxide emissions from its energy generation.In Hobbs, the average resident can reduce their carbon footprint by 100 pounds a year after going solar. Since energy from the sun is plentiful and generates electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help preserve the planet.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Hobbs, NM Solar Company Rankings FAQs
Which solar power company is the best near me?
The top local solar company in Hobbs is Friesen Energy Solutions, LLC, with a rating of 3.00 stars.
What is the negative environmental impact of making solar panels?
Solar panels can be harmful for the environment when manufacturers use toxic chemicals in the construction. Chemicals can make solar panels difficult to recycle safely once they’ve reached the end of their lifespan. Making solar panels uses a lot of energy as well. The energy payback period is about 1 to 4 years.
How long does it take for solar to pay for itself?
The average payback period for solar panel installation is about 14.0 years, but the exact period is influenced by the cost of electricity where you are, incentives and net metering programs.
How efficient is a solar panel system?
For the most part, solar panels are about 15 to 25% efficient, meaning they can convert that percentage of the sun’s energy into usable electricity.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert’s opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.