New Mexico Solar Power Financial Incentives
Financial Incentives
Corporate Tax Credit
- Advanced Energy Tax Credit
- Renewable Energy Production Tax Credit (Corporate)
- Sustainable Building Tax Credit (Corporate)
Industry Recruitment/Support
Personal Tax Credit
- Advanced Energy Tax Credit
- Renewable Energy Production Tax Credit (Personal)
- Solar Market Development Tax Credit
- Sustainable Building Tax Credit (Personal)
Production Incentive
- El Paso Electric Company - Small System Renewable Energy Certificate Purchase Program
- PNM - Performance-Based Customer Solar PV Program
- Xcel Energy - Solar*Rewards Program
Sales Tax Exemption
State Bond Program
Utility Rebate Program
- Central New Mexico Electric Cooperative - Residential Energy Efficiency Rebate Program
- Kit Carson Electric Cooperative - ETS System Rebate Program
- PNM - Commercial Energy Efficiency Rebate Program
- PNM - Energy Efficient Homebuilder Rebate Program
- PNM - Residential Energy Efficiency Rebate Program
Rules, Regulations & Policies
Building Energy Code
Energy Standards for Public Buildings
Interconnection
Mandatory Utility Green Power Option
Net Metering
Public Benefits Fund
Renewables Portfolio Standard
Solar Access Law/Guideline
Related Programs & Initiatives
Alternative Fuels and Advanced Vehicles Data Center
The U.S. Department of Energy's Alternative Fuels and Advanced Vehicles Data Center (AFDC) provides a wide range of information and resources to enable the use of alternative fuels and other petroleum-reduction options, such as advanced vehicles, fuel blends, idle reduction and fuel economy. The AFDC site offers a database of state and federal laws and incentives related to alternative fuels and vehicles, air quality, fuel efficiency, and other transportation-related topics.
The U.S. Department of Energy's Green Power Network provides news and information on green power markets and activities, including opportunities to buy green power. This site provides state-by-state information on green power marketing and utility green power programs. In addition, the site lists marketers of renewable energy credits (RECs), also known as green tags or renewable energy certificates, which represent the environmental attributes of the power produced from renewable energy projects.
Weatherization Assistance Program
The U.S. Department of Energy's Weatherization Assistance Program (WAP) enables low-income families to reduce their energy bills by making their homes more energy-efficient. Through this program, weatherization service providers install energy-efficiency measures in the homes of qualifying homeowners free of charge. The WAP program web site offers a state-by-state map of opportunities, projects and activities.
The U.S. Department of Energy's Wind Powering America site provides state-by-state information on wind projects and activities, including wind working groups, validated wind maps, anemometer loan programs, small wind guides, state-specific news, wind for schools, workshops and web casts.
