dev10 - pnmprod
Make Charging Easy For Residents and Guests
PNM offers generous rebates to help multifamily communities add convenient, on-site EV charging.
- Up to 100% of site make-ready costs.
- Up to $5,000 per charger port for Level 2 charger, up to a maximum of $20,000 per service address.
The Easy Install method is the fastest way to get started. Your Program Authorized Contractor will handle installation and apply rebates instantly. If chargers are already installed, you can submit your rebate through the Online Application.
Why You Should Add EV Charging to Your Multifamily Property
EV charging where people live is the most reliable and convenient charging option for electric vehicle (EV) drivers. Today's renters are looking for more than just granite countertops and in-unit laundry. They want amenities that align with their values¿and EV charging is quickly becoming a must-have. Adding EV charging to a multifamily property can be a big project, but there are big benefits that can come from it, both short-term and long-term:
- The Demand is Here: With nearly a third of people living in multifamily homes and EV adoption soaring, on-site charging is becoming a must-have amenity.
- A Self-Funding Upgrade: Unlike a gym or pool, you can bill for charger usage, allowing the amenity to pay for its own installation and maintenance over time.
- Level 2 is the Sweet Spot: For multifamily properties, Level 2 chargers provide the ideal balance of charging speed and electrical infrastructure cost.
Commercial Make-Ready Rebate Amounts
| Charger Type | PNM Rebate | Per Port | Per Station | Maximum Rebate Amount |
|---|---|---|---|---|
| Level 2 Charger | $5,000 | $20,000 per service address | ||
| DC Fast Chargers | $50,000 | $200,000 per service address |
Helpful Tools and Information
Choosing how and where to install EV charging stations is an important step in your electric journey. These trusted resources can help you compare options, understand charging technology, and make confident, informed decisions.
Find EV Chargers That Qualify for PNM Rebates
Browse approved commercial-grade chargers and related products eligible for PNM rebates before you buy.
Review Program Details and Requirements
Access the full Commercial EV Charger Program Handbook for eligibility criteria, rebate guidelines, and installation requirements.
Connect, Learn, and Lead the Charge
Explore upcoming PNM EV events for businesses, fleets, and property managers. Join us to learn about rebates, charging programs, and real-world success stories from organizations driving New Mexico¿s electric future.
Stay connected with the EV community
Join the PNM EV Community to see what matters most to EV drivers in New Mexico. Discover trends, get updates on EV programs and incentives, and connect with others who are helping expand charging access across the state.