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EV Purchase Rebates

Save When You Go Electric

Whether you're buying your first EV or upgrading your current ride, we offer rebates and incentives that make driving electric more affordable from day one.

Income Qualified EV Rebates

Helping More New Mexicans Drive Electric

We're offering income-qualified customers  up to $4,000 off the price of new, used or leased electric vehicles less than $55,000. One rebate per PNM account. Visit one of our participating dealerships to test drive today!

eBike Rebates

Go Electric on Two Wheels

For commutes, errands, or pure fun, eBikes offer freedom and savings. Get up to $250 off a new model through the retailers listed below. Discover the models you love, take a test ride, and bring home your next great way to get around.

Qualified Product List

Find EV chargers and related equipment that qualify for PNM rebates. Make sure your charger is on the approved list before you buy.

Policies & Procedures Handbook

Review the official guidelines, eligibility details, and steps for participating in PNM¿s EV rebate programs.

Already Driving Electric? Let¿s Stay Connected.

Join the PNM EV Community to get the latest on rebates, upcoming programs, and exclusive savings for EV owners.