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Advanced Evaporative Cooling Rebate

BUSINESS REBATES
Rebates and discounts overview
Rebates for your business
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FOR CONTRACTORS
  If you would like to become a participating contractor for this program, please contact PNM.
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PNM is offering business electric customers rebates for installing energy-efficient advanced evaporative cooling equipment – up to $500 per qualifying unit installed.

Advanced evaporative cooling systems:

  • use significantly less energy than refrigerated air conditioning.
    • Electric bills are less.
  • keep your place of business as cool and comfortable as refrigerated air.

Types of equipment eligible for a rebate

  • Combination unit that contains indirect and direct stages in one cooler.
    • Example: OASys unit
  • A 100 percent indirect evaporative cooler.
    • Example: Coolerado R600
  • Units can generally only be purchased through HVAC contractors or authorized equipment suppliers and wholesalers.
See a chart listing qualifying equipment and rebate amounts
View list of contractors that can install advanced evaporative cooling

How to get a rebate

  1. Purchase a qualifying product.
  2. Install advanced evaporative cooling equipment.
    • PNM recommends having advanced evaporative equipment installed by a qualified contractor; however you can choose to self-install the unit.
  3. Submit the following documentation to the address listed on the rebate form.
    • Completed rebate form signed by the business owner
    • Copy of your PNM electric bill
    • Proof of purchase, such as a receipt
    • Itemized contractor receipt, if unit installed by a contractor
  4. Receive a rebate check for up to $500 per unit installed.
    • Mailed to you in 6 to 8 weeks.
Download a printable Advanced Evaporative Cooling Rebate Form (.pdf)