Incentives/Policies for Renewables & Efficiency
Last DSIRE Review: 11/15/2012
||Utility Rebate Program
|Eligible Efficiency Technologies:
||Refrigerators, Heat pumps, Central Air conditioners, Duct/Air sealing, Building Insulation, Comprehensive Measures/Whole Building, Evaporative Cooling Units, Solar Screens
|Eligible Renewable/Other Technologies:
||Geothermal Heat Pumps
||Residential, Small Business
|Amount:||Ground Source Heat Pump: $600|
Evaporative Cooling Units: $300 - $500
Central AC Packaged/Split Systems: $200 - $400
Central Heat Pump Packaged/Split Systems: $300 - $500
Ground Source Heat Pump: $600
Solar Screens: $1/sq. ft.
Refrigerator Recycling: $30
Insulation: Varies by project specifications
Air Infiltration Control (Gas): $0.075/CFM reduction
Air Infiltration Control (Electric Resistance):$0.239/CFM reduction
Air Infiltration Control (Heat Pump): $0.134/CFM reduction
Duct Efficiency: Contact utility
Energy Star New Home: Contact utility
|Equipment Requirements:||See program web site for equipment requirements|
|Installation Requirements:||Air infiltration and duct improvement only available for houses with central air conditioning|
EPE offers incentives to residential customers in its New Mexico service territory that purchase and install high efficiency equipment for residential use. Eligible equipment includes air conditioners, heat pumps, evaporative cooling units, replacement windows, air infiltration equipment, insulation, new homes, duct efficiency, and solar screens. An incentive is also available for the proper recycling of working refrigerator units. Rebates are valid for new or existing residential dwellings. Some incentives, including insulation, vary depending on the type, size, original efficiency, and end efficiency of the installation. Qualified contractors must install certain equipment to qualify customers for rebates. Once equipment is installed, complete application form and submit with a copy of your receipt or contractor invoice to the address on the Rebate Application Form. Receipts and invoices need to clearly indicate equipment specifics, including efficiency and model number. Customers should carefully review the rebate documents and program requirements before purchasing a system. Efficiency and performance standards of equipment must meet minimum program requirements. Contractors and customers can call the utility or a program representative for more information.
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.
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