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New Home Construction

 

Help build comfortable, energy-efficient homes and your business with the New Mexico High-Performance New Homes Program. As a participating builder, you can earn financial incentives for qualified new homes built in our service territory.

Program Benefits

  • Up to $3,000 in rebates per qualified home
  • Free sales and technical training courses
  • Marketing support, including free marketing materials
  • Support from a program account manager

Available Incentives and Rebates

As a builder, you have a choice in how you can participate and earn incentives and rebates for the homes you build in our communities. Here is a list of the incentives and rebates for you to reference and learn more about which one would work best for your business.

How to Participate

If you are interested in becoming a participating builder, please enroll by completing the program registration form.

How to Submit a Rebate Application

Submitting a rebate application is easy. Please have your photo(s) and purchase receipt(s) handy so you're prepared to provide the required information for submission. You can also reference the incentives and rebates program flyer for additional instructions. 

Contact Us

If at any point you have questions about the New Home Construction program, please email us at info@newmexiconewhomesprogram.com

 

 

The PNM New Home Construction program is proud to have been awarded 2024 ENERGY STAR Partner of the Year!


 

Updated June 26th, 2025.

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As the state's largest electricity provider, PNM serves more than 550K New Mexico residential and business customers in Greater Albuquerque, Rio Rancho, Los Lunas, Belen, Santa Fe, Las Vegas, Alamogordo, Ruidoso, Silver City, Deming, Bayard, Lordsburg and Clayton. We also serve the New Mexico tribal communities of the Tesuque, Cochiti, Santo Domingo, San Felipe, Santa Ana, Sandia, Isleta and Laguna Pueblos

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