Retrofit Rebates
PNM is offering business electric customers rebates for installing a variety of energy-saving equipment in a new or existing facility.
Choose from two types of incentives:
- Pre-set menu incentives
- Choose from a list of energy efficiency measures with fixed rebate amounts:
- energy efficient lighting from $1 to $45 per unit
- HVAC from $15 to $35 per ton
- refrigeration components from $3 to $350 per unit
- motors from $10 to $300 each; $50 per horsepower for variable speed drives.
- Custom incentives
- Propose a system improvement with verifiable electric savings that isn't included on the Pre-set menu.
- Project must improve system efficiency.
- Incentives are calculated at 6 cents per estimated first year kilowatt hour (kWh) savings.
Get rebate details and download application (pnmenergyefficiency.com)
See list of trade allies offering consulting and installation services (.pdf pnmenergyefficiency.com)
- Eligible equipment and incentive amounts can be found on the rebate application.
- Retrofit rebates are available for qualifying equipment installed after May 19, 2009.
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