Solar easements and easements for light, air, and view may be created by conveyance, reservation in a deed, or by agreement. In the absence of such an easement, the owner of land has no legal right to have light and air unobstructed by buildings on the adjoining land. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
New Mexico Grant of Solar Easement
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Multi-State
Control #:
US-01171BG
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Word;
Rich Text
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Community solar allows for equal access to the economic and environmental benefits of solar energy generation regardless of the physical attributes or ownership of an individual's home or business.
Amendments to New Mexico's existing Solar Rights Act serve to prohibit cities from passing ordinances or codes and homeowners' associations from passing covenants that forbid solar installations, with the exception of historic districts.
Community solar allows for equal access to the economic and environmental benefits of solar energy generation regardless of the physical attributes or ownership of an individual's home or business.
The solar right prevents neighboring property owners from constructing new buildings or planting new trees which would block their access to the sun. The Solar Recordation Act describes the procedures for filing a solar right through the County Clerk's Office.
Federal Solar Investment Tax Credit (ITC) Buy and new solar panels in New Mexico in 2021, with or without a home battery, and qualify for the 26% federal solar tax credit. The residential ITC drops to 22% in 2023 and ends in 2024.
Eligible homeowners can deduct up to 30% of their solar power system's costs from their total tax liability for the year of installation. New Mexico State Tax Credit: New Mexico residents purchasing solar can claim 10% of the system cost up to $6,000 as a deduction to state income taxes.
The New Mexico solar tax credit is the Solar Market Development Tax Credit (SMDTC) and is managed by the Natural Resources Department. It works this way: After installing solar panels or a thermal solar system, you can claim 10% of project costs as a state tax deduction, up to a maximum amount of $6,000.
The New Mexico solar tax credit is the Solar Market Development Tax Credit (SMDTC) and is managed by the Natural Resources Department. It works this way: After installing solar panels or a thermal solar system, you can claim 10% of project costs as a state tax deduction, up to a maximum amount of $6,000.