New Mexico Incentives/Policies for Renewables & Efficiency |
 |
Last DSIRE Review: 10/30/2012
Program Overview:
| State: |
New Mexico |
| Incentive Type: |
Mandatory Utility Green Power Option |
| Eligible Renewable/Other Technologies: |
Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Fuel Cells, Hydrogen, Anaerobic Digestion, Fuel Cells using Renewable Fuels |
| Applicable Sectors: |
Utility |
| Web Site: |
http://www.nmprc.state.nm.us/utilities/renewable-energy.html
|
Authority 1:
|
NMAC 17.9.572
|
Summary:
In addition to meeting the requirements of the state renewables portfolio standard, New Mexico investor-owned utilities (IOUs) are required to offer a voluntary program for purchasing renewable energy to customers. The voluntary renewable tariff may also allow consumers to purchase renewable energy within certain energy blocks and by source of renewable energy. IOUs are also required to develop an educational program communicating the benefits and availability of the green power option.
The state's rural electric distribution cooperatives are also required to offer a voluntary green power program if their suppliers make such renewable resources available under their supply contracts. They are also required to report to the commission by April 30 of each year concerning the availability of renewable energy to them, and the annual demand from their customers for renewable energy. |
|
 |
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.
|
