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Customer Solar Energy Program

Available REC Capacity

The price PNM will pay you for renewable energy certificates - called "RECs" - generated by your solar energy system is fixed at .0025¢ for both programs.

  • Available REC capacity is based on the size of the installed system.
    • Systems up to 10 kWAC have an annual program capacity of 2 MW
    • Systems 10 kWAC up to and including 100 kWAC have an annual program capacity of 1 MW
  • At the beginning of every year, the annual program capacity limit in each category will be reset.  In the event the allotment in a category becomes fully subscribed, further applications will be placed on a waiting list and will be processed if capacity becomes available.

PNM will notify you within 10 business days of when your application is considered complete.

Table last updated on: 03/24/2017

Systems up to and including 10 kWAC
Capacity is available from January 1, 2017 to December 31, 2017
Total Available Capacity
2000 kWAC
      Capacity Reserved
 0kWAC
      Percent Reserved (%)
0 %
      Capacity Remaining
2000 kWAC
      Percent Remaining (%)
100 %
REC price per kWh
.0025¢

 

Systems larger than 10 kWAC up to and including 100 kWAC
Capacity is available from January 1, 2017 to December 31, 2017
Total Available Capacity
1000 kWAC
      Capacity Reserved
0 kWAC
      Percent Reserved (%)
0 %
      Capacity Remaining
1000 kWAC
      Percent Remaining (%)
100 %
REC price per kWh
.0025¢