News Release

Aug. 01, 2014
Five Santa Fe Businesses and Organizations Named "PNM Energy Efficiency Stars"

Albuquerque: Today, PNM recognized five Santa Fe businesses and organizations that have gone above and beyond for saving energy through PNM programs in 2013. The PNM Energy Efficiency Stars named were:

  • The Home Depot ¿ large business with the highest energy savings.
  • State Employees Credit Union ¿ small business with the highest energy savings.
  • Santa Fe Public Schools ¿ most innovative energy-saving projects.
  • Brewer Oil ¿ most energy efficiency projects.
  • St. Elizabeth Shelter ¿ highest energy savings for a nonprofit.

The Home Depot replaced old inefficient fluorescent lighting with newer, energy-saving lights. Lighting is important to retail businesses and often times complex. This project resulted in a PNM rebate of $30,325, and based on their energy savings they can expect to save $50,500 on their annual PNM bill.

State Employees Credit Union was also recognized for replacing older, inefficient fluorescent lighting with new LED lights. This project resulted in a PNM rebate of $7,500 and they can expect to save $5,900 on their annual PNM bill with a payback period of one year for the project.

Santa Fe Public Schools was recognized for their innovative energy-saving projects. They performed five management control projects and one lighting project that resulted in a PNM rebate of $22,950. Based on their innovative projects they can expect to save $32,500 on their annual PNM bill.

Brewer Oil initiated four projects at their gas and convenience stores in Santa Fe. Their projects resulted in a PNM rebate of $2,900 and based on the energy savings, they can expect to save $2,040 on their annual PNM bill with a payback period just over six months for all the projects.

St. Elizabeth Shelter, a nonprofit was also recognized for replacing older, inefficient fluorescent lighting with new LED lights. Their project resulted in a PNM rebate of $4,300 and they can expect to save $3,300 on their annual PNM bill with a payback period of just over eight months for the project.

"An important part of what we do at PNM is to partner with businesses and organizations to help them save energy, money and ultimately become better stewards of the environment by reducing their footprint," said Amy Miller, Director, PNM Community and Local Government Affairs. "Santa Fe businesses and organizations continue to lead the way and find innovative methods to reduce energy use and we will continue to support their efforts with rebates and incentive programs."

Since 2009, Santa Fe businesses have cashed in more than $1.3 million in rebates through PNM programs aimed at helping businesses make energy-efficient upgrades. Their efforts have resulted in a a total annual energy savings of 18,865,000 kWh, an estimated emission reduction of 10,400 tons of CO2 which is equivalent to removing 1,900 cars from the road and savings of 6,735,000 gallons of water.

For more information on the PNM Business Energy Efficiency Program, please visit pnm.com/bizrebates.

With headquarters in Albuquerque, PNM is the largest electricity provider in New Mexico, serving more than 500,000 customers in dozens of communities across the state. PNM is a subsidiary of PNM Resources, an energy holding company also headquartered in Albuquerque. For more information, visit PNM.com.