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New Mexico

New Mexico

Incentives/Policies for Renewables & Efficiency

Printable Version
PNM - Commercial Energy Efficiency Rebate Program   

Last DSIRE Review: 12/07/2012
Program Overview:
State: New Mexico
Incentive Type: Utility Rebate Program
Eligible Efficiency Technologies: Lighting, Lighting Controls/Sensors, Chillers , Heat pumps, Central Air conditioners, Energy Mgmt. Systems/Building Controls, Caulking/Weather-stripping, Windows, Motors, Motor VFDs, Comprehensive Measures/Whole Building, Custom/Others pending approval, Led Exit Signs, Room Air Conditioners, Evaporative Coolers, Vending Machine Controls, Commercial Refrigeration Equipment, Food Service Equipment, LED Lighting
Applicable Sectors: Commercial, Industrial, Construction
Amount:Interior Lighting
Screw-In CFLs: $1 - $2
Hardwired CFLs: $5 - $40
Lamp Removal: $3 - $10
T5/T8/T12 Lamps & Electronic Ballast: $0.50 - $4
High Bay T5/T8 Fixtures & Electronic Ballast: $0.30/watt reduction
LED Interior Lamps/Fixtures: $12 - $20
LED Signage: $8 - $25/Sign or Letter
Metal Halide Fixtures: $8 - $65
Cold Cathode/CFL Lamps: $3 - $5
Interior Lighting Controls/Sensors: $0.06/controlled watt

Exterior Lighting
LED Signage: $5 - $20
Bi-Level LED Parking/Wall Pack Fixture: $60
Cold Cathode Lamp: $3
Screw-In, Dimmable CFL Lamp (High-Wattage): $15
Metal Halide Fixtures: $20 - $65
LED/Induction Fixtures: $40 - $60
Hardwired CFL Fixtures: $20 - $40
T5/T8 Fixtures & Electronic Ballast: $0.30/watt reduction
Bi-Level Stairwell/Hall/Garage Fixture with Sensors: $20

Unitary and Split AC/Air Source Heat Pumps: $15 - $20/ton, plus bonus incentives
Water-Cooled Chillers: $15/ton, plus bonus incentives
Air-Cooled Chillers: $30/ton, plus bonus incentives
Package Terminal AC/Heat Pump: $20/ton
Hotel Guest Room Occupancy Sensor: $80

Building Envelope
Window Film: $0.60/sq. ft. of glazing

Refrigeration & Food Service
Commercial Freezers: $100 - $350
EC Motor/Motor Fan Controller: $25 - $40
Curtains/Covers: Varies by sq. ft. and ln. ft.
LED Refrigerated Case Lighting: $30/door
Energy Efficient Ice Machines: $100 - $400
Steam Cookers: $400
Ovens: $800
Hot Holding Cabinet: $200 - $400
Vending/Cooler Machine Controls: $25 - 120
Plug Load Occupancy Sensors: $25

Premium Efficiency Motors: $1 - $75 per 0.1% efficiency improvement above baseline efficiency level
Variable Speed Drives on HVAC Motors: $50

Custom, Whole Building & New Construction
Custom Measures: $0.06/estimated first year kilowatt hour (kWh) savings
New Construction Whole Building 10%-20% Savings: $0.08/kWh
New Construction Whole Building 20% Savings or more: $0.10/kWh
Lighting Whole Building: $0.30/watt reduced
Maximum Incentive:100% of incremental measure costs or 50% of total project costs
Equipment Requirements:Review Program Worksheet
Web Site:

PNM provides a range of incentives for commercial customers to increase the efficiency of new and existing facilities. Buildings which exceed the current building code by 10% can get 8 cents per estimated first year kilowatt hours saved. Buildings which exceed the current building code by 20% can get 10 cents per estimated first year kilowatt hours saved. Buildings projects which utilize enhanced commissioning may also receive additional incentives.

In addition to these incentives, there are also pre-set menu options that allow a commercial customer to choose from a list of approved equipment with set rebate amounts. Eligible equipment includes energy efficient lighting, HVAC, refrigeration, and motors. The incentives vary based on the equipment. Customers may also receive incentives for custom efficiency measures not included in the prescriptive program. Custom incentives are worth $0.06 per estimated first year kilowatt hour (kWh) savings.

Small to medium sized businesses (maximum monthly peak demand of 100 kW per meter) can also enroll in a power saving program which allows for reduced- to no-cost energy efficient lighting and refrigeration retrofits, as well as incentives to remotely cycle off air conditioners during peak periods. Large commercial customers can participate in PNM's Peak Saver Program and receive incentives based on the amount of electricity managed by the PNM Peak Saver program.

For more information, including specific details on equipment requirements, visit the program web site.

  New Construction and Retrofit Rebates Program
New Construction and Retrofit Rebates Program
2001 N. 3rd Street, Suite 206
Phoenix, 85004
Phone: (505) 938-9400
Phone 2: (877) 607-0741
Fax: (877) 607-0742
Web Site:
  Carlos Lucero
Public Service Company of New Mexico
Alvarado Square MS 1110
Albuquerque, NM 87158
Phone: (505) 241-4706
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 2014 - 2015 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.