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New Mexico rebates & incentives

Every state, utility and federal program we track for EV chargers, home batteries and panel upgrades in New Mexico — with a link to each official page so you can confirm eligibility.

3 programs · Verified August 2026

  • Utility

    PNM Residential EV Charger Rebate

    Up to $500 charger plus $1,500 install, or $750 plus $3,500 if income-qualified

    PNM residential customers, up to two rebates per address

    The installation allowance is unusually generous and covers the wiring work. Using a PNM authorized contractor gives an instant rebate. PNM publishes no separate panel-upgrade rebate.

    Official program page
  • State

    New Mexico Solar Market Development Tax Credit

    10% of cost, up to $6,000, refundable

    New Mexico taxpayers who own the property and install solar

    Two steps: get an eligibility certificate from EMNRD first, allow 3 to 4 weeks, then claim on your state return. Refundable, so you get it even with no tax liability.

    Official program page
  • Federal

    Home Electrification and Appliance Rebates (IRA HEAR)

    Up to $4,000 for a panel upgrade, within an up-to-$14,000 total

    Income-qualified households, administered state by state

    Availability varies by state: some programs are live, others are launching in 2026 or fully reserved. Check your state energy office.

    Official program page

Amounts and eligibility are set by each program and change over time. Confirm on the official page before you buy — and we confirm every incentive you qualify for at your free in-home estimate, then file the paperwork for you.