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. Energy efficiency program rebates are on a first come, first served, basis and are for a limited-time only. Once program reaches its maximum capacity this year, the program will resume the next calendar year.

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 disadvantages 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

In 2019, advanced evaporative cooling rebates are available for up to $250 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 list and rebate form.

See qualifying large evaporative units here. PDF Document

Download mail in rebate form here.PDF Document

Submit an online rebate application here.

Window-Mounted Evaporative Units

In 2019, rebates up to $100 are 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.

See qualifying window-mounted evaporative units here. PDF Document

Download mail in rebate form here. PDF Document

Submit an online rebate application here.

 

Room A/C Units

In 2019, rebates up to $25 are available for ENERGY STAR® room air conditioning 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.

See qualifying ENERGY STAR® Room Air Conditioners here. PDF Document

Download mail in rebate form here.PDF Document

Submit an online rebate application here.

Large Refrigerated A/C Units:

As of March 1, 2019, rebates up to $400 are available for the purchase and installation of a qualifying refrigerated air conditioning unit.

To be eligible for a PNM rebate, the contractor installing your refrigerated air unit must be registered through the PNM cooling program. The list of registered cooling program contractors can be found here.  For questions, contact the PNM cooling program specialists, at 1-866-678-5163.

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 (Consortium for Energy Efficiency) standards operate more efficiently than equipment that has not earned this distinction. 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 1-866-678-5163.

See chart below.  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. If you are considering a refrigerated air conditioner, check with your registered contractor to see if the system you are considering is CEE-qualified. Contractors may also visit the directory below for your systems AHRI certificate, which is required for the rebate application.  

Contractors only: Locate your system's AHRI certificate

Download mail in rebate form herePDF Document

Submit an online rebate application here.

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.

Smart Thermostats

Smart thermostats provide unprecedented levels of control on heating and cooling systems. With an HVAC system representing on average the largest energy consumption category in a household, every bit of control a user has to save energy is huge.

Qualifying Units

See qualifying ENERGY STAR smart thermostats here. 

Smart thermostats that earn the ENERGY STAR label have been independently certified, based on actual field data, to deliver energy savings. While system designs may vary, common smart thermostat features include:

Convenience

  • Many smart thermostats learn your temperature preferences and establish a schedule that automatically adjusts to energy saving temperatures when you are asleep or away.
  • Geofencing allows your smart thermostat to know when you’re on the way home and automatically adjusts your home’s temperature to your liking.

Control

  • Wi-Fi enabled thermostats allow you to control your home’s heating and cooling remotely through your smartphone.
  • ENERGY STAR certified smart thermostats quickly enter a low-power standby mode when inactive.

Insight

  • Smart thermostats provide equipment use and temperature data you can track and manage.
  • Periodic software updates ensure your smart thermostat is using the latest algorithms and energy-saving features available.


*Smart Thermostats installed by the homeowner or on a stand-alone basis are not eligible for this rebate. These have to be installed at the time of A/C or heat pump installation.

 Heat Pumps

As of March 1, 2019, rebates up to $400 are available for the purchase and installation of a qualifying heat pump unit.

To be eligible for a PNM rebate, the contractor installing your refrigerated air unit must be registered through the PNM cooling program. The list of registered cooling program contractors can be found here.

For questions, contact the PNM cooling program specialists, at 1-866-678-5163.

Heat pumps offer an energy efficient alternative to furnaces and air conditioners. Like your refrigerator, heat pumps use electricity 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.

See chart below.  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. If you are considering a refrigerated air conditioner, check with your registered contractor to see if the system you are considering is CEE-qualified. Contractors may also visit the directory below for your systems AHRI certificate, which is required for the rebate application.  

Contractors only: Locate your system's AHRI certificate

 

 

 

 

 

 

 

 

 

Download mail in rebate form here. PDF Document

Submit an online rebate application here.

 

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 heat pump 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.

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 heat pump 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  heat pump 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 heat pump 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.

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, 2019 through December 31, 2019  (for all cooling measures except for  HVAC or Heat Pump units) or while rebate funds are available for this program.  PNM is no longer accepting rebate requests for 2018 purchases. Rebates will be paid while funds are available. Limit two (2) rebates per PNM residential electric customer account. Complete terms and conditions (.pdf)