Current Incentives & Rebate Programs
New Mexico residents can now access a range of programs designed to help you save on energy costs and make your home or business more sustainable. Whether you’re interested in upgrading to energy-efficient appliances, installing solar panels, or making other improvements, there are rebates and tax credits available to support your efforts.
Explore the programs below to find out how you can benefit from these incentives and start saving on your energy bills today.
Let’s get started by discovering the energy-efficient product rebates you qualify for!
Ready to save on energy costs? Use our Eligibility Wizard to discover which energy-saving products and rebates you qualify for. It’s easy to find out what incentives are available to help you upgrade your home or business. Start now and see how much you can save!
What programs are available?
We invite you to explore our resources and learn how you can contribute to a sustainable future while enjoying significant savings.
Home Electrification and Appliance Rebates (HEAR)
Point-of-sale rebates for income eligible households on electric appliances and select home improvement projects , which can lower energy bills
Energy Conserving Products (ECP)
Tax incentive for homeowners and businesses for the installation of energy efficient products and electrification measures in existing homes and businesses
Sustainable Building Tax Credit (SBTC)
Tax incentive for cutting-edge sustainable building practices, as well as energy-efficient products and appliances
Agricultural Biomass Income Tax Credit (Biomass)
Point-of-sale rebates for income eligible households on electric appliances and select home improvement projects , which can lower energy bills
New Solar Market Development Tax Credit (SMDTC)
Tax incentive for homeowners and businesses for the installation of energy efficient products and electrification measures in existing homes and businesses
Clean Car State Tax Credit
This State tax credit is available to individuals or businesses that purchase or lease a qualifying new or used clean vehicle before January 1, 2030.
Ready to Claim Your Product Incentive?
Curious about which energy-saving products and rebates you can take advantage of? Try our Eligibility Wizard to quickly see what’s available for your home or business. It’s a simple way to unlock potential savings and start making your space more energy-efficient today!
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 (HER)
Point-of-sale rebates for income eligible households on electric appliances and select home improvement projects , which can lower energy bills
Solar for All Program
Program advancing access to solar energy resources in New Mexico; specifically focused to serve income eligible New Mexicans