| Incentive Type | Personal Tax Credit |
|---|
| Eligible Technologies | Solar Water Heat, Solar Space Heat, Solar Thermal Process Heat, Photovoltaics, Solar Space Cooling |
|---|
| Applicable Sectors | Commercial, Residential, Agricultural |
|---|
| Incentive Amount | 10% of purchase and installation costs |
|---|
| Maximum Incentive | $9,000 |
|---|
| Eligible System Size(s) | PV: Minimum 100 W (DC)
Solar Thermal: Minimum collector area of 15 square feet
Solar Water Heat: At least 50% of the total water heating load must be provided by solar energy |
|---|
| Equipment Standards | Must comply with requirements established in 3.3.28 NMAC (see below); includes requirement for solar water heaters to be SRCC-certified or in the certification process. |
|---|
| Installation Standards | None Listed |
|---|
| Start Date | | Start Date: | 1/1/2009 | | Expiration Date: | 12/31/2016 |
|
|---|
More Information Contact:
Edward Trujillo
New Mexico Energy, Minerals and Natural Resources Department
Energy Conservation and Management Division
E-Mail:
[email protected] Web Site:
http://www.emnrd.state.nm.us/ecmd/ Public Information
Taxation and Revenue Department
Administrative Services Division - Joseph Montoya Bldg.
1100 South St. Frances Dr
PO Box 630
Santa Fe, NM 87504-0630
Phone: (505) 827-0369
Phone 2: (505) 827-0870
Web Site:
http://www.tax.state.nm.us/