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About TEP

Transportation Electrification Program

We offer rebates and incentives that make driving electric more affordable from day one.

About the Program

Helping More New Mexicans Drive Electric

The Transportation Electrification Program was created to make the transition to EVs easier and more affordable for everyone. House Bill 521 (HB 521) was enacted into law June 14, 2019, and requires investor-owned utilities to file an application to expand transportation electrification with the New Mexico Public Regulation Commission (NMPRC).

 

PNM seeks to expand transportation electrification by addressing barriers to adoption thru rebates, incentives, and special rates for residential and commercial PNM customers. To ensure income-qualified (IQ) New Mexicans are not left behind, PNM offers enhanced rebates for those households and the Program reserves a portion of the budget for projects in underserved areas.

 

Explore Residential EV Rebates

Discover residential EV rebates that can help lower the cost of owning and charging an electric vehicle, making your transition to clean transportation more affordable.

Power Your Business with EV Rebates

Explore commercial EV rebates and incentives to help reduce the cost of electric vehicles, charging infrastructure, and fleet electrification projects.

Contact Us

Have questions about EV rebates, incentives, or electric vehicle programs? We're here to help. Contact our team for information, guidance, and support as you explore your EV options.