New Mexico – Solar Market Development Tax Credit
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...