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Cooling and Heat Pump Rebates

The PNM Cooling Rebate program reduces the cost for residential customers to purchase and install certain energy-efficient cooling equipment in their homes. There are two main ways to cool your home, evaporative cooling and refrigerated air conditioning. Both of these options include several technologies that qualify for a rebate.

What type of rebate are you interested in?

Large Evaporative Units | Window Evaporative Units | Large Refrigerated A/C Units | Room A/C Units | Heat Pumps

Large Evaporative Units

Evaporative Cooling, sometimes referred to as "swamp cooling", is used to lower air temperature by using the process of evaporation. Warm dry air is changed to cool, moist air and the heat of the outside air is used to evaporate water, causing a cooling effect.

The advantages can be that they work very well in dry climates and costs less to purchase, install, and operate. The disadvanages can be that they add moisture to the air, so it may not work as well on humid days and it may negatively affect indoor air quality

Advanced evaporative cooling rebates are available up to $300 for down-draft or side-draft evaporative cooling units with 12-inch rigid media. Some units are available with 8-inch media, which do not qualify for a rebate; please refer to qualifying models below.

Qualifying advanced evaporative cooling units

See qualifying 12-inch rigid media evaporative cooling units here.

What is 12-inch rigid media?

View an example here.

Online Rebate Form

Submit your rebate application online and get your rebate faster

Mail-in Rebate Form

Download mail-in rebate form

Window-Mounted Evaporative Units

Rebates up to $100 are also available for advanced evaporative window-mounted units with rigid media. Window/wall-mounted units are more convenient for maintenance and reduce the change of roof leaks. Window-mounted units blow cooled air into the house either into a central location, which can be effective for small homes. 

To ensure effective distribution, you'll need to know how much air the unit needs to move to cool your home, which is measured in cubic feet per minute. Before you purchase your window/wall-mounted unit, review the list of units that qualify you for a rebate.

 

Qualifying Units

See qualifying evaporative window-mounted units

Online Rebate Form

Submit your rebate application online and get your rebate faster

Mail-in Rebate Form

Download mail-in rebate form

Large Refrigerated A/C Units:

PNM recommends that your contractor installing the refrigerated air unit complete your refrigerated air unit rebate on your behalf or you may contact Energy Federation Inc., the PNM refrigerated air cooling program specialists, directly at 1-877-883-1754.

Refrigerated air conditioners, sometimes referred to as "forced air", use a refrigerant and are designed to change the air temperature and humidity. The advantages include it working well in all climates, does not add humidity to inside air, and can improve indoor air quality.  The disadvantages can be that there are generally higher costs to purchase, install, and operate.  If you are thinking of switching from evaporative cooling to refrigerated air, then find out how your electric bill will be affected.

Refrigerated air conditioners that meet CEE (Consorium for Energy Efficiency) standards operate more efficiently than equipment that has not earned this distrinction. Determining if your large refrigerated air unit qualifies for a rebate involves more qualifications than other cooling types on this page and navigating through the CEE qualification directory can be challenging at times. Please contact our refrigerated air specialists directly at 1-877-883-1754.

See chart at the bottom of this page.  PNM offers rebates for CEE Tier 1, Tier 2, and Tier 3 refrigerated air conditioners. By choosing CEE-qualified cooling equipment and taking steps to optimize its performance, you can enchance the comfort of your home while saving energy. PNM has also recently added heat pumps and ductless mini-split systems to the PNM Cooling Rebate Program.  If you are considering a refrigerated air conditioner, check with your contractor to see if the system you are considering is CEE-qualified. You may also visit the directory below for your systems AHRI certificate, which is required for the rebate application.  

Locate your system's AHRI certificate

CEE/AHRI Verified Directory

Apply Online

Apply online and get your rebate faster

Rebate Forms 

Download mail-in rebate form for CEE Tier 1, 2 or 3 refrigerated air conditioners
 

The PNM CEE Tier 1 , Tier 2 or Tier 3 rebate is based on the efficiency of the entire system, and not just the SEER rating of the air conditioner itself. The CEE Certificate number can be found by entering the model numbers of all of the system's components in to the CEE database above.

Air conditioners and heat pumps that are rated 13, 15, 16, 18, or even 22 SEER by a manufacturer can vary in efficiency depending on the other equipment used in the system. Typical system components include the air conditioner, indoor coil, and furnace. With a higher SEER rating you generally get more built-in upgrades, advanced technology and a longer warranty, and like miles per gallon in your vehicle, the higher a system SEER rating the further your dollars will go cooling your home. Installing a new, matched air conditioning system on your home can save you up to 20 - 50% on your cooling costs, depending on the efficiency of the system. But having an 18 SEER air conditioner that is not part of a matched system installed on your home could result in a system that is only operating at 13 SEER or less.

How to get two rebates for your refrigerated air conditioner unit:
You may be eligible for an additional rebate for your unit if you already have refrigerated air conditioning, and your unit is still working, but you would like to upgrade to a more efficient model. Please refer to the PNM Home Energy Checkup Program for details or call 855-775-6491 for assistance.

Room A/C Units

There are different types of room refrigerated air conditioning units which can include room units or window units. These are not evaporative (swamp) window-mounted units. ENERGY STAR® Room Air Conditioners use 10 percent less energy than conventional models and often include timers, which allow you to use the minimum amount of energy needed to cool a room.

Refrigerated Air Conditioners that meet CEE (Consortium for Energy Efficiency) standards operate more efficiently than equipment that has not earned this distinction. Determining if this type of refrigerated air unit qualifies for a rebate may involve more qualifications than other units on this page and navigating through the CEE qualification directory can be challenging at times.   

Qualifying Units

See qualifying ENERGY STAR room air conditioners here.

Online Rebate Form

Apply online and get your rebate faster

Mail-in Rebate Form

Download mail-in rebate form for ENERGY STAR room air conditioners

 Heat Pumps

PNM has recently added heat pumps and ductless mini-split systems to the PNM Cooling Rebate Program. A heat pump can provide an alternative to using your air conditioner.  

There are different types of heat pumps, air-to-air, water source, and geothermal. They collect heat from the air, water, or ground outside your home and concentrate it for use inside. Heat pumps offer an energy efficient alternative to furnaces and air conditioners. Like your refrigerator, heat pumps use electrivity to move heat from a cool space to a warm space, making the cool space cooler and the warm space warmer.

The most common type of heat pump is the air-source heat pump, which transfers heat between your house and the outside air and can reduce your electricity use for heating significantly compared to electric resistance heating such as furnaces and baseboard heaters.  For homes without ducts, air-source heat pumps are also available in a ductless version called a mini-split heat pump. Geothermal heat pumps achieve higher efficiencies by transferring heat between your house and the ground or a nearby water source. Although they cost more to install, geothermal heat pumps have low operating costs because they take advantage of relatively constant ground or water temperatures.

If you have recently purchased a heat pump system or are thinking about installing one, talk to our heat pump specialists at 877-883-1754 about eligibility and for a list of units that qualify you for a rebate. Also see the chart at the bottom of this page.

Rebate Forms

Download main-in rebate form for Heat Pump Systems

How a heat pump works

View an example here.

 

Refrigerated Air Conditioning Rebates Table

Choosing a qualified contractor is a key step in ensuring your new refrigerated air conditioning or heat pump system matches your homes heating or cooling requirements and that it is properly installed to achieve maximum efficiency and comfort. PNM recommends obtaining at least three competitive bids from experienced contractors licensed to do HVAC installation work in NM. Having a new air conditioning or heat pump system installed is a significant investment in your home. Hiring a contractor unfamiliar with industry best practices for selecting, sizing and installing equipment can lead to issues with performance and safety. Contractors should be familiar with the AHRI (Air Conditioning, Heating and Refrigeration Institute) database lookup to identify and select HVAC systems that qualify for Tier 1, 2 or 3 incentives. Contractors must provide homeowners with a certificate from the AHRI database that the system being installed is qualified for rebate. Reputable contractors typically post their license information on their website and promotional literature. You can search for licensed contractor at this link https://public.psiexams.com/search.jsp. PNM does not endorse, recommend or warranty any specific contractors or their work.

PNM customers are eligible to a rebate from PNM when they purchase and install eligible cooling equipment (the "Energy Conservation Measure"). This rebate is good for purchases made January 1, 2017 through December 31, 2017 or while rebate funds are available for this program. PNM will only pay CEE Tier 2 and Tier 3 rebates for air conditioning systems installed on or after April 29, 2016. Systems purchased prior to April 29, 2016 are only eligible for the CEE Tier 1 rebate. PNM is no longer accepting rebate requests for 2015 purchases. Rebates will be paid while funds are available. Limit two (2) rebates per PNM residential electric customer account. Complete terms and conditions (.pdf)