Cool Comfort Loan Program
A clean comfortable new choice. It's easier than ever to enjoy a cool and comfortable summer by converting your swamp cooler to refrigerated air conditioning. If you're thinking about converting, get low interest loans from participating banks, plus PNM rebates.
A Cool Comfort Loan is easy
- The Cool Comfort Loan requires a good credit rating.
- It's easy to apply. Contact one of the participating credit unions or banks.
- A certified HVAC contractor must install the air conditioner. Contact one of the contractors participating in the program for a free estimate of the cost. Ask about manufacturer rebates as well.
- Refrigerated air conditioning increases the resale value of your home.
Enhances indoor air quality by reducing pollen, smoke and other particulates.
Provides comfort for you and your family.
Makes your home more secure because you can close and lock your windows.
Conserves a precious resource ¿ water.
An average evaporative (swamp) cooler uses approximately 700 more gallons of water per month than refrigerated air conditioning. That means savings of more than 2,800 gallons for the summer season (June ¿ September). This includes the water to generate the additional electricity use.
Still have questions?
Please email CoolComfortLoan@PNM.com if you any questions about the Cool Comfort Loan Program.