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New Mexico

New Mexico

Incentives/Policies for Renewables & Efficiency

Printable Version
Net Metering   

Last DSIRE Review: 08/07/2014
Program Overview:
State: New Mexico
Incentive Type: Net Metering
Eligible Renewable/Other Technologies: Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Fuel Cells, Municipal Solid Waste, CHP/Cogeneration, Small Hydroelectric, Fuel Cells using Renewable Fuels, Microturbines
Applicable Sectors: Commercial, Industrial, Residential
Applicable Utilities:Investor-owned utilities, electric cooperatives
System Capacity Limit:80 MW
Aggregate Capacity Limit:No limit specified
Net Excess Generation:Credited to customer's next bill at avoided-cost rate or reconciled monthly at avoided-cost rate
REC Ownership:Utility owns RECs
Meter Aggregation:Not addressed
Authority 1:
Date Enacted:
Date Effective:
NMAC 17.9.570

Eligibility and Availability

Net metering is available to all "qualifying facilities" (QFs), as defined by the federal Public Utility Regulatory Policies Act of 1978 (PURPA)*, which pertains to systems up to 80 megawatts (MW) in capacity.

All utilities subject to Public Regulation Commission (PRC) jurisdiction must offer net metering. (Municipal utilities, which are not regulated by the PRC, are exempt.) Customers on a time-of-use tariff are permitted to net meter. There is no statewide cap on the aggregate capacity of net-metered systems.

Net Excess Generation

Net-metered customers are credited or paid for any monthly net excess generation (NEG) at the utility's avoided cost rate. If a customer has NEG totaling less than $50 during a monthly billing period, the excess is carried over to the customer’s next monthly bill. If NEG exceeds $50 during a monthly billing period, the utility will pay the customer the following month for the excess. Customers do not own the renewable energy credits (RECs) associated with the generation of electricity by net-metered systems.


The PRC adopted revised 
interconnection standards for customer-sited generators in July 2008; separate rules are in effect for systems less than or equal to 10 MW and systems larger than 10 MW. The PRC's interconnection rules also include a simplified interconnection process and application for systems less than or equal to 10 kW, and a fast-track process for systems less than or equal to 2 MW.

* In general, QFs under PURPA include renewable energy systems and combined heat and power (CHP) systems.

  Jim Brack
New Mexico Public Regulation Commission
224 East Palace Ave.
Marian Hall
Santa Fe, NM 87501
Phone: (505) 827-6982
Web Site:
NCSU - home
Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.