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Rio Rancho, NM 87124 solar market data

Updated November 5, 2024Older data · growth withheld By The SolarDNA Data Team
Rio Rancho 87124 has 3,602 solar installations at a median installed cost of $4.63/W, recent growth not yet measurable, and a Market Score of 54 — higher than 97% of U.S. zip markets.
Active installations
3,602
See data
Median cost
$4.63/W
See data
12-mo growth
—
See data
Market score
54
See data
Installers active
79
See data
54
Zip Market Score
Excellent · higher than 97% of zips
Versus New Mexico

How 87124 compares with the state

Installed cost
$0.01/W above
state median $4.62/W
Market score
54 vs 53
New Mexico scores 53
Share of state installs
6.82%
of 52.8K tracked statewide
Battery attach
0.2%
state 0.8%
Statewide momentum
▼ 7.6%
residential solar added in New Mexico, 12 months through Jul 2026
Statewide market
63.1K systems
10.8% of homes · utility-reported through Jul 2026
Growth & pricing

87124 by year

321 installs in the trailing twelve months vs 502 before

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Installations by year
Median installed cost, $/W DC by year
Installer comp set

Who installs in 87124

Ranked by systems recorded in this zip

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#InstallerInstalls12-moAvg kW$/W
1SOLAR WORKS ENERGY176156.64$4.96
2AFFORDABLE SOLAR115136.91$3.98
3CONSOLIDATED SOLAR TECH9305.58$5.40
4ION SOLAR7896.85$4.93
5POSITIVE ENERGY69107.65$4.39
6TITAN SOLAR6107.08$4.90
7OUR WORLD ENERGY58197.27$4.85
8NM SOLAR GROUP4307.6$3.44
9SUNPRO SOLAR4107.07$4.42
10SOLCIUS2816.13$5.46
11TESLA2506.33$4.50
12FREEDOM FOREVER2276.47$4.87
Neighboring zips

The nearest zip markets

By distance between zip centroids

ZipDistanceInstalls$/WScore
87048 Corrales5.9 km782$4.3249
87101 Albuquerque6.5 km6$4.9342
87114 Albuquerque7.1 km3,021$4.5054
87144 Rio Rancho8.7 km3,309$4.5654
87113 Albuquerque10.9 km564$4.2848
87120 Albuquerque12.1 km3,323$4.4754
Same city

Other zips in Rio Rancho

City market →
Equipment

What gets installed in 87124

Share of systems with a recorded brand

Modules
SUNPOWER15.4%
QCELLS NORTH AMERICA12.7%
PANASONIC CORPORATION OF NORTH AMERICA9.9%
LG ELECTRONICS8.5%
SILFAB SOLAR8.5%
Inverters
SUNPOWER29.2%
ENPHASE ENERGY19.0%
SMA AMERICA18.3%
ABB8.8%
POWER-ONE6.6%
Frequently asked

Quick answers about 87124

How many solar installations are there in 87124?
SolarDNA counts 3,602 active solar installations in Rio Rancho 87124, 3,590 of them residential, with data through November 5, 2024.
How much does solar cost in 87124?
The median residential system in 87124 cost $4.63 per watt over the trailing twelve months, $0.01/W above the New Mexico median.
Is solar growing in 87124?
Recent growth cannot be measured yet for 87124: insufficient recent data (data runs through November 5, 2024).
Who installs solar in 87124?
SOLAR WORKS ENERGY, AFFORDABLE SOLAR, CONSOLIDATED SOLAR TECH lead the 79 installers with systems in 87124. The full comp set is above.
Is 87124 a good market for solar sales?
87124 scores 54 out of 100 (Excellent, higher than 97% of U.S. zip markets).