Wind Energy Facts
New Mexico has Wind Energy Potential
- New Mexico’s proximity to important wind energy areas, combined with manufacturing expertise, could make the state a powerhouse for wind. Expanding wind power will create even more opportunities, jobs, and clean, affordable energy.
- Wind energy provided nearly 11% of all in-state electricity production in New Mexico in 2016. That’s equivalent to 334,000 homes powered by wind.
- The U.S. Department of Energy projects that New Mexico could produce enough wind power by 2030 to power the equivalent of 1.9 million average American homes.
Wind Energy is Affordable and Costs are Coming Down
- The average price of U.S. wind power has declined by 66 percent in the last 7 years.
- Costs are coming down due to technological advances that allow turbines to reach stronger, steadier winds. And, we now have more than 30 years of experience in siting wind turbines to maximize their power output, which drives down costs.
- Proposed new SPS wind energy projects are projected to lower customer bills, by $216 million in New Mexico, over the life of the projects.
Wind Energy Means Jobs
- In 2016, wind energy supported 1,000 to 2,000 direct and indirect jobs in New Mexico.
- Wind is good for veterans – the U.S. wind industry employs America’s veterans at a rate 50% above the national average.
- Wind turbine technician is the country’s fastest growing job.