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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 .0025ยข 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: 07/31/2017

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
 306 kWAC
      Percent Reserved (%)
15 %
      Capacity Remaining
1694 kWAC
      Percent Remaining (%)
85 %
REC price per kWh
$0.0025

 

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
13 kWAC
      Percent Reserved (%)
1 %
      Capacity Remaining
987 kWAC
      Percent Remaining (%)
99 %
REC price per kWh
$0.0025