New Solar Market Development Tax Credit
Program Overview Implementing Sector State Category Financial Incentive State New Mexico Incentive Type Personal Tax Credit Web Site https://www.emnrd.nm.gov/ecmd/tax-incentives/solar-market-development-tax-credit-smdtc/ Administrator New Mexico Energy, Minerals and Natural Resources Department, New Mexico Taxation and Revenue Department Budget $12 million annually Start Date 03/01/2020 Expiration Date 01/01/2032 Eligible Renewable/Other Technologies Solar Water Heat, Solar Space Heat, Solar Thermal […]
Community Solar Program
Program Overview Implementing Sector State Category Regulatory Policy State New Mexico Incentive Type Community Solar Rules Web Site https://csnewmexico.com/ Administrator Public Regulation Commission Start Date 04/01/2022 Eligible Renewable/Other Technologies Solar Photovoltaics Applicable Sectors Commercial, Residential, Multifamily Residential, Low Income Residential Applicable Utilities Investor-owned electric public utilities. Native and rural electric distribution cooperative projects can opt-in. […]
2021 Sustainable Building Tax Credit (Personal)
Program Overview Implementing Sector State Category Financial Incentive State New Mexico Incentive Type Personal Tax Credit Web Site https://www.emnrd.nm.gov/ecmd/tax-incentives/sustainable-building-tax-credit-sbtc/ Administrator New Mexico Taxation & Revenue Department Start Date 01/01/2022 Expiration Date 01/01/2028 Eligible Renewable/Other Technologies Solar – Passive, Solar Water Heat, Solar Space Heat, Solar Photovoltaics, Wind (All), Daylighting, Wind (Small) Broadband-ready Eligible Efficiency Technologies […]
2021 Sustainable Building Tax Credit (Corporate)
Program Overview Implementing Sector State Category Financial Incentive State New Mexico Incentive Type Corporate Tax Credit Web Site https://www.emnrd.nm.gov/ecmd/tax-incentives/sustainable-building-tax-credit-sbtc/ Administrator New Mexico Taxation & Revenue Department Start Date 01/01/2022 Expiration Date 01/01/2028 Eligible Renewable/Other Technologies Solar – Passive, Solar Water Heat, Solar Space Heat, Solar Photovoltaics, Wind (All), Daylighting, Wind (Small) Broadband-ready Eligible Efficiency Technologies […]
City of Albuquerque – Solar Easements and Rights Laws
Program Overview Implementing Sector Local Category Regulatory Policy State New Mexico Incentive Type Solar/Wind Access Policy Cities Albuquerque Eligible Renewable/Other Technologies Solar Water Heat, Solar Photovoltaics Applicable Sectors Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, Institutional Summary Albuquerque replaced its Zoning Code, Subdivision Ordinance, and Sector Development plans in 2018 with an Integrated Development Ordinance […]
Solar/Wind Construction Permitting Standards
Program Overview Implementing Sector State Category Regulatory Policy State New Mexico Incentive Type Solar/Wind Permitting Standards Web Site http://www.rld.state.nm.us/construction/ Eligible Renewable/Other Technologies Solar Thermal Electric, Solar Photovoltaics, Wind (All) Applicable Sectors Commercial, Construction, Industrial, Local Government, Nonprofit, Residential, Schools, Installers/Contractors, Institutional Summary The following standards apply to solar PV systems of any size and […]
Drinking Water State Revolving Loan Fund
Program Overview Implementing Sector State Category Financial Incentive State New Mexico Incentive Type Loan Program Web Site http://www.nmfa.net/financing/water-programs/drinking-water-revolving-loan-fund/ Administrator New Mexico Finance Authority Funding Source Environmental Protection Agency Capitalization Grant; additional funds from state. Budget $8 million annually Start Date 01/26/1997 Eligible Renewable/Other Technologies Solar Photovoltaics, Other Distributed Generation Technologies Eligible Efficiency Technologies Yes; specific […]
Property Tax Exemption for Residential Solar Systems
Program Overview Implementing Sector State Category Financial Incentive State New Mexico Incentive Type Property Tax Incentive Administrator New Mexico Energy, Minerals and Natural Resources Department Start Date 01/01/2010 Eligible Renewable/Other Technologies Solar Water Heat, Solar Space Heat, Solar Photovoltaics Applicable Sectors Residential Incentive Amount Approximately 100% Maximum Incentive None specified Eligible System Size None specified […]
Gross Receipts Tax Exemption for Sales of Wind and Solar Systems to Government Entities
Program Overview Implementing Sector State Category Financial Incentive State New Mexico Incentive Type Sales Tax Incentive Administrator New Mexico Taxation & Revenue Department Eligible Renewable/Other Technologies Solar Thermal Electric, Solar Photovoltaics, Wind (All), Wind (Small) Applicable Sectors Construction, Local Government, State Government, Federal Government, Installers/Contractors, Retail Supplier Incentive Amount 100% Summary In March 2010, […]
Local Option – Renewable Energy Financing District/Solar Energy Improvement Special Assessments
Program Overview Implementing Sector State Category Financial Incentive State New Mexico Incentive Type PACE Financing Web Site http://www.emnrd.state.nm.us/ECMD/CleanEnergyTaxIncentives/PACE.html Administrator Programs administered locally Start Date 07/01/2009 Eligible Renewable/Other Technologies Solar Water Heat, Solar Space Heat, Geothermal Electric, Solar Thermal Electric, Solar Photovoltaics, Wind (All), Geothermal Heat Pumps, Wind (Small) Applicable Sectors Commercial, Residential Terms Determined locally […]
