NM Solar Group
Today we met with a fairly new member of our Chamber, NM Solar Group and we were pleasantly excited to hear their story and discover how their business evolved. Lauren Komnick, the Marketing Manager shared her passion for the company and related to us how they have grown to the size they are. They are currently located in Albuquerque, Alamogordo, Roswell, Berino and have a satellite sales office in Ruidoso. Statewide they have 70 plus employees.
Their story started with a New Mexico born and raised entrepreneur, Ryan Wallace. Ryan comes from a family of entrepreneurs, his father operates a pest control business in the Albuquerque area. His plan was to create a true New Mexico solar company that would not only install the solar systems but would be around to service them. At the time, the companies that were installing solar systems were not from New Mexico and were hard to contact after the installation.
His firm determination to do right by the customer at all costs has been the backbone to the success of the business. He knew this would be key to the business and he made sure that his employees would carry on with this tradition. Lauren stated that their goal is to make sure any and all concerns the customer has are resolved. She said, “we don’t want to just be solar installers, we want to be solar partners”.
In October of 2018 Ryan turned the company over to the employees and it is now it is fully employee owned. He works with the group on a consulting basis to make sure it continues to grow and be the great company it has become.
In today’s economy, the cost of solar is equal to or less than the traditional power from electricity. Prices for installing solar have dropped by about 50% over the past 5 years and currently there is a 30% federal tax credit for solar that is set to begin decreasing at the end of 2019. With that being said, this could be the perfect time to see if solar power would work for you. And knowing you could partner with a great New Mexico company that will be around to handle your needs makes it even more appealing.