New Mexico, home to the Painted Desert, and countless days of sunshine a year. As such it’s no surprise the state should be a bastion for solar energy. But compared to some other southwestern states it’s falling behind. Still, companies like Positive Energy Solar are growing in this high and dry state and if they have their say the state will soon become a much more important solar market—particularly as the cost of solar continues to come down.
“Solar has reached the tipping point. Solar electricity is now cheaper than grid energy,” in New Mexico, said Regina Wheeler, CEO of Positive Energy Solar. Indeed, at least one company has said it can now install solar projects at parity with grid power prices in New Mexico. “More business and homeowners are taking advantage of solar to reduce costs and hedge against future increases in the price of fossil based energy.”
Last year Positive Energy Solar, a Solar Reviews PreScreened Solar Pro, and a recently registered B Corporation company also became the state’s leading distributed solar installer in 2013. It completed 1.6 megawatts of solar installations on homes and businesses throughout the state. That’s more than half the 3 megawatts of solar power installed in PNM’s territory—New Mexico’s largest electric utility.
The company, a vendor of SunPower and Renesole modules, said it posted record sales in 2013 and only plans to get bigger in 2014. In fact, in 2014 it already will dwarf its sales in 2013. “Positive Energy Solar will install two 1.5 megawatt projects in Santa Fe this year,” it said. One of them will power water moving water from the Rio Grande to the Buckman Direct Diversion Plant. The other. 1.5 megawatt array will power almost half of Santa Fe Community College’s main campus, according to the company.
As the employee-owned company prepares for more growth this year it’s hiring more staff and consolidating or moving operations to larger locations. “Consolidating to one office in Santa Fe allows us to leverage our best resources on each project we do in northern New Mexico while controlling costs,” Wheeler said. It also relocated its Las Cruces office to a new location will move its Albuquerque operations this year.Tweet