Get up to $1,600 off Qualifying Insulation Products.
Current Incentives & Rebate Programs
Discover a range of exciting incentive and rebate programs designed to support your sustainable energy goals. Explore the list of available programs below to find the perfect fit for your needs.
Product Category | Requirements | Maximum Rebate |
Wall, Ceiling/Attic, Floor and Foundation Insulation | Must be ENERGY STAR certified blanket, (roll or batt) or rigid board insulation. May be DIY or professionally installed. If professionally installed, must be installed by an Authorized Program Contractor. | Up to $1,600 |
How this Program Works
You’ll receive a coupon worth $1,600 for any combination of qualifying ceiling/attic, wall, floor or foundation fiberglass, mineral wool, or rigid board insulation products.
Please note, you can only use your insulation coupon one time. You need to buy all of the insulation you plan to install IN ONE PURCHASE. You should measure the space and evaluate the amount of attic/ceiling, wall, floor and/or foundation insulation you currently have in your home and make a plan for where you want to install new insulation.
You’ll need to develop an estimate of how much your new insulation will cover, (I.e. 100% of ceiling? 50% of flooring above unconditioned space?) BEFORE you start the coupon application, so that you can answer the application questions.
You’ll also be asked to choose which retailer you will purchase your products from. We encourage you to review the Participating Locations and Qualifying Products List links above, to determine which retailer’s coupon you prefer.
Helpful DIY Insulation Information
Here are Recommended Insulation levels for New Mexico
It’s best to apply air sealing measures before installing insulation. Review “How To” Information below:
Home Energy Efficiency Rebates (HEAR)
The HEAR Program will offer low-income New Mexicans rebates or point-of-sale coupons on qualifying energy-star appliances and high-efficiency upgrades. New Mexicans who earn less than 80% AMI or participate in certain means-tested programs qualify. New Mexico has allocated 75% of rebates to single-family homes and 25% of rebates to multi-family homes.
Eligibility Requirements
- Income Eligibility: You need to earn less than 80% of your county’s Area Median Income (AMI) or participate in specific state or federal benefit programs.
- Property Requirement: You must own and live in a single-family home, duplex, triplex, quadplex, or townhome.
Click here for more information about the HEAR Program.
How to Apply
With up to $1,600 in savings available through the HEAR program, you can upgrade your home insulation easily. Don’t miss out—find out what you’re eligible for and start your journey to a more energy-efficient home today!
Sustainable Building Tax Credit / Energy Conserving Products (ECP)
The Sustainable Building Tax Credit offers financial incentives for incorporating energy-efficient and environmentally friendly features into buildings. Energy Conserving Products (ECP) are key components of this program, requiring items to be ENERGY STAR rated and meet specific insulation standards. By using ECPs, individuals and businesses can reduce energy consumption and qualify for tax benefits.
Eligibility Requirements
- Energy-conserving products must reduce the energy consumption of a residential or commercial building.
- Products must contribute towards the electrification of sustainable buildings with ENERGY STAR heat pump furnaces and water heaters.
- Products must be ENERGY STAR rated for the location installed.
- Products must meet the insulation requirements outlined in 3.3.35.14 or 3.4.22.11 NMAC.
How to Apply
You can submit an electronic application with the Energy, Minerals Natural Resources Department for products installed from January 1, 2021, onward for taxable years before January 1, 2028, as long as the tax credit is still available. The department will review your documentation before issuing a certificate of eligibility for the 2021 Sustainable Building Tax Credit for ECPs. If the annual cap for this tax credit has been reached, you’ll receive a certificate of eligibility for the next year with available funds.
Programs Coming Soon
These upcoming programs will offer financial support for various energy-efficient projects and renewable energy installations. Explore the list of what’s coming soon, and be prepared to take advantage of these opportunities as soon as they launch.
Home Energy Rebates
The HER Program will offer low-income New Mexicans rebates on home energy efficiency upgrades. New Mexicans who earn less than 80% AMI or participate in certain means-tested programs qualify. New Mexico has allocated 75% of rebates to single-family homes and 25% of rebates to multi-family homes.
Date Program Goes Live: TBA
Stay informed about upcoming energy-efficient products!
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