| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | New Mexico |
| Incentive Type: | Rebate Program |
| Web Site: | http://www.nmgco.com/energy_efficiency.aspx |
| Administrator: | New Mexico Gas Company |
| Eligible Efficiency Technologies: | Furnaces, Building Insulation, Tankless Water Heater |
| Incentive Amount: | Insulation Tier 1: 25% of cost up to $500 Insulation Tier 2: 25% of cost up to $300 ENERGY STAR Tankless Water Heater: $225-$300 Gas Furnace: $200 - $375 Smart Thermostat: $50 |
| Maximum Incentive: | Insulation: $500 |
| Equipment Requirements: | Insulation Tier 1: Must have R-11 or less and install R-19 or greater Insulation Tier 2: Must have between R-12 and R-19 and install R-38 or greater |
| Technologies: | Furnaces |
| Sectors: | Construction, Residential, Multifamily Residential |
| Parameters: | The incentive has a minimum of 200.00 $/Unit, The incentive has a maximum of 375.00 $/Unit |
| Technologies: | Building Insulation |
| Sectors: | Construction, Residential, Multifamily Residential |
| Parameters: | The incentive is 25.00 %, The incentive has a maximum of $500.00 |
| Technologies: | Tankless Water Heater |
| Sectors: | Construction, Residential, Multifamily Residential |
| Parameters: | The incentive has a minimum of 225.00 $/Unit, The incentive has a maximum of 300.00 $/Unit |
The New Mexico Gas Company provides incentives for energy saving measures and improvements for residential gas customers. Rebates vary depending on whether they are installed in a new home or an existing home. For additional information on rebates and program guidelines, review the program website or contact New Mexico Gas Company.
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