Applications and Agreements
For Small Solar Energy Systems
Interconnect and get net metering and / or REC payments
In November of 2016, PNM was approved to extend the Customer Solar REC Purchase Programs for three more years from January 1, 2017 and continuing through the end of 2019. The program extension is for new applicants who apply on or after January 1, 2017 and do not have an interconnected system at the time of application for a new system.
Customers should consider the $150.00 REC application fee for large systems to help determine whether the energy generated by their solar system makes economic sense. For example, a customer generating 600 kWh in a given month would be eligible for a REC credit of $1.50
PNM customers can still choose to only interconnect their solar energy systems and net meter, please use the Interconnection with Net Metering Only application found below. The fee is $50 and the requirements for the application (1-line diagram, site map, inverter spec sheet, fault current, copy of bill) are the same. Please also note that the installation of an interconnection-only system is the same as the REC purchase installation; it will still require the REC meter housing. PNM will install its own monitoring meter; although the customer will not receive REC credits, the readings from the monitoring meter will show on their electric bill so they can track their generation.
Apply to interconnect and get net metering only
Apply to interconnect and get both net metering and REC payments
Please note: as of Jan. 1, 2017, the REC Purchase Program is for new applicants with systems 10kWAC or less and do not have a system interconnected at the time of this application. The only valid option for "APPLICATION TYPE" is "Both Interconnection and Small Solar REC Sales: $150.00 (Residential) or $275.00 (Other)".
- See sample Small Solar REC purchase agreement (.pdf)
- See sample Small Solar REC Purchase Agreement for Third Party Owner Participation (.pdf)