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Solar Energy New Mexico State Incentives

New Mexico State Advanced Energy Tax Credit (Personal)

Commercial applicants are eligible to apply for the Advanced Energy Tax Credit.

The following table shows the requirements in order to be eligible for the tax credit:

Requirements for Eligibility
Projects done by the applicant must obtain a certificate of eligibility from the Environment Department of the State of New Mexico.
Maximum Incentive: $60,000,000.00
Incentive: 6% of expenses
For more information on the New Mexico State Advanced Energy Tax Credit program, please visit this page.
Central New Mexico Electric Cooperative:
Residential Energy Efficiency Rebate Program
Residential applicants may be eligible to receive a rebate on the purchase of qualifying energy efficient home appliances, listed below, along with the rebate incentives for each appliance:
  • Refrigerators and Freezers - $40/unit
  • Water Heaters - $70/unit

The water heater must have a minimum 30 gallon tank size, and must have a minimum 6 year warranty to qualify. The refrigerators/freezers must be Energy Star approved to qualify.

To find more information on this Utility Company Rebate Program for central New Mexico residents, please navigate to this page, now.

If you are interested in finding all of the rebate, grant, and loan programs available to residents of the state of New Mexico, please browse to this page, where you can find all of the currently available programs.