Solar & Battery Regulation & Incentive Programs

New Mexico Gas Company - Residential Efficiency Programs

Program Overview

Category:: Financial Incentive
Program Type:: Rebate Program
Implementing Sector:: Utility
State:: New Mexico
Eligible Storage Technologies:: Furnaces, Building Insulation, Tankless Water Heater
Website:: https://www.nmgco.com/en/residential_rebate_programs
Incentive Amount:: Insulation Tier 1: 25% of cost up to $500
Insulation Tier 2: 25% of cost up to $300
ENERGY STAR Tankless Water Heater: $225-$300
Gas Furnace: $200 - $375
Smart Thermostat: $50
Maximum Incentive:: Insulation: $500
Equipment Requirements:: Insulation Tier 1: Must have R-11 or less and install R-19 or greater
Insulation Tier 2: Must have between R-12 and R-19 and install R-38 or greater
Administrator:: New Mexico Gas Company
Applicable Sectors:: Construction, Residential, Multifamily Residential
Last Updated:: 11/29/2018

Eligibility Criteria

Eligibility	Sectors	Technologies
min $/Unit200.0000	Construction Residential Multifamily Residential	Furnaces
max $/Unit375.0000	Construction Residential Multifamily Residential	Furnaces
%25.0000	Construction Residential Multifamily Residential	Building Insulation
max $500.0000	Construction Residential Multifamily Residential	Building Insulation
min $/Unit225.0000	Construction Residential Multifamily Residential	Tankless Water Heater
max $/Unit300.0000	Construction Residential Multifamily Residential	Tankless Water Heater

Summary

The New Mexico Gas Company provides incentives for energy saving measures and improvements for residential gas customers. Rebates vary depending on whether they are installed in a new home or an existing home. For additional information on rebates and program guidelines, review the program website or contact New Mexico Gas Company.