PNM offers several types of incentives for residential customers to improve the energy efficiency of eligible homes. Rebates are available for air conditioners, heat pumps, evaporative coolers, and pool pumps.
PNM also offers the PNM Home Energy Checkup, which gives residential customers a snapshot of their home's electricity use and identifies opportunities to reduce electricity waste. There are two Home Energy Checkup packages to choose from, ranging from $15 to $30. Both Package A ($15) and Package B ($30) include up to twenty LED dimmable bulbs to replace incandescent bulbs, one LED nightlight, two efficient-flow showerheads, two bathroom faucet aerators, one kitchen faucet aerator, and one smart power strip. In addition to this, Package B also includes up to twenty additional LED dimmable bulbs and one additional smart power strip. For an additional $15 between May 1 and October 31, customers can add a professional air conditioning diagnostic evaluation (can select this for up to two air conditioning units at $15 each). The fee for any Home Energy Checkup package is waived for customers meeting certain income requirements.
Based on the results of the Home Energy Checkup, a residence may qualify for additional appliance and cooling rebates. Rebates are available for refrigerators, freezers, clothes washers and dryers, dishwashers, air purifiers, air conditioning units, attic/ceiling insulation, and smart thermostats.