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Retrofit Rebates

BUSINESS REBATES
Rebates and discounts overview
Rebates for your business
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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.