New Mexico Water & Electric

What New Mexico Water & Electric does

New Mexico Water & Electric is a privately held, locally operated solar energy provider and electrical contractor headquartered in Hillsboro, New Mexico, serving residential, commercial, small business, and agricultural customers across the state, including Albuquerque, Las Cruces, and Sierra County. Its core offering is the design, installation, and maintenance of solar photovoltaic systems in both grid-tied and off-grid configurations, supplemented by battery backup systems, solar-powered water well systems for farms and livestock operations, and general electrical services such as panel and switch installation, emergency repair, and electric supply. The company also services and monitors solar systems installed by third parties, positioning itself as a long-term local alternative to large corporate solar providers.

The underlying technology is conventional solar PV paired with battery storage and standard electrical contracting work; no proprietary hardware, software platform, or AI/ML components are described. The business model is primarily project-based: one-time installation revenue from solar panels, electrical service labor, and equipment sales, with an emerging recurring layer from maintenance, monitoring, and repair subscriptions. Pricing is not publicly disclosed; the company uses free consultations and assessments as the entry point across all segments.

The go-to-market is sales-led and direct-to-consumer, relying on a website (nmwaterandelectric.com) with quote-request forms, phone outreach, local search positioning, and on-site field assessments by contractors. The company self-describes as "one of the fastest-growing solar energy providers in New Mexico" and competes on local presence, lifetime service and monitoring, and a 100% satisfaction guarantee rather than on price or proprietary technology. Founded in 2018 with 1–10 employees and no disclosed external funding, the company operates as an independent regional installer with no parent company, no institutional investors, and no disclosed partnerships, acquisitions, or leadership changes in the source data.

Name

New Mexico Water & Electric

Legal name

New Mexico Water & Electric

Website

https://nmwaterandelectric.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Solar Installation Services

NAICS

Solar Electric Power Generation (221114)

SIC

Electrical Work (1731)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Electrical Panel Upgrades & Service Changes (HSAOADAB), Generator Installation & Transfer Switches (Standby/Portable Interlock) (HSAOADAF)

Keywords

• Solar panel installation
• Off-grid solar systems
• Solar battery backup
• Electrical contracting services
• Solar water well systems

Headquarters

HQ city

Hillsboro

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Solar Panel Installation: One-time installation of solar photovoltaic systems for residential and commercial customers. Revenue generated from equipment sales and installation labor.
2. Electrical Services: Professional electrical services including panel installations, switch installations, maintenance, emergency repairs, and electric supply (components and control systems). Can be standalone services or bundled with solar installations.
3. Solar Equipment Supply: Sale of solar equipment components including solar panels and control systems at competitive prices as part of installation services
4. Maintenance and Monitoring Services: Ongoing maintenance, monitoring, and repair services for solar systems including those installed by other companies. Services available for residential, commercial, and agricultural applications.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

New Mexico Water & Electric is a New Mexico solar energy and electrical services contractor that sells, designs, and installs solar photovoltaic panel systems — including grid-tied, off-grid, and battery-backed configurations — for residential, commercial, small business, and agricultural customers. Its core revenue drivers are one-time solar panel installation projects paired with professional electrical services (panel and switch installation, maintenance, emergency repair, and electric supply) and ongoing system monitoring/maintenance support across Hillsboro, Albuquerque, Las Cruces, and Sierra County.

Product overview

New Mexico Water & Electric is a solar energy provider offering a unified suite of renewable energy products and electrical services. The core offering consists of solar panel installations across residential, commercial, and small business segments, complemented by off-grid solar battery backup systems that provide power independence. Additional services include solar water well systems, electrical maintenance, emergency repair, and electric supply. The company operates across New Mexico including Albuquerque, Hillsboro, Las Cruces, and Sierra County, positioning itself as a local alternative to larger corporate solar providers with emphasis on long-term customer relationships and ongoing maintenance support.

Differentiator

Problem solved

Functional benefit

Products and services

• Off-Grid Solar Battery Backup System Solar battery backup systems installed to provide complete independence from the utility grid and continuous power during grid failures for residential, commercial, and agricultural customers.
• Residential Solar Panel Installation End-to-end residential solar panel installation for New Mexico homeowners, including system design, equipment supply, installation, lifetime service, and monitoring of installed residential solar panel systems.
• Commercial Solar Panels Turnkey commercial solar installation service for businesses, covering assessment, design, equipment supply, installation, and ongoing maintenance to reduce expenses, capture tax credits, and support sustainability goals.
• Clean Energy for Small Businesses Affordable solar energy systems and free assessments tailored to small businesses in New Mexico, helping reduce electricity bills, attract environmentally conscious customers, and reduce environmental impact.
• New Mexico Electric Company Services Residential and commercial electrical services including panel installation, switch installation, security systems, ongoing maintenance, emergency repair, electric supply (components and control systems), and solar system monitoring provided by licensed and insured contractors.
• Solar Water Well Systems Solar-powered water well pumping systems for residential and farm use that supply constant power for livestock water wells and other agricultural water needs, with battery backup for reliability.

Quantifiable outcome

• Clients have reduced utility bills by over 40% with renewable energy
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Market position

Strengths4 records

Competitive moat3 records

Key risks7 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/nmwaterandelectric
• Xx.com/nmwaterelectric
• Facebookfacebook.com/NewMexicoWaterandElectric
• LinkedInlinkedin.com/company/new-mexico-water-and-electric

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Mexico Water & Electric