Buyer's Guide 2024
Net Metering
Solar & Battery Regulation & Incentive Programs
Program Overview
- Category
- Regulatory Policy
- Program Type
- Net Metering
- Implementing Sector
- State
- State
- New Mexico
- Eligible Storage Technologies
- Geothermal Electric, Solar Thermal Electric, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Municipal Solid Waste, Combined Heat & Power, Fuel Cells using Non-Renewable Fuels, Landfill Gas, Wind (Small), Hydroelectric (Small), Fuel Cells using Renewable Fuels, Microturbines
- Applicable Utilities
- Investor-owned utilities, electric cooperatives
- System Capacity Limit
- 80 MW
- Aggregate Capacity Limit
- No limit specified
- Net Excess Generation
- Either credited to customer's next bill at avoided cost rate or excess kWh generated are credited to the account and rolled over indefinitely (equivalent to retail rate) (e.g., available to PNM customers). If customer leaves the utility, unused credits are paid out at the avoided cost rate.
- Ownership of Renewable Energy Credits
- Customer-generator owns the RECs
- Meter Aggregation
- Not addressed
- Applicable Sectors
- Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, State Government, Federal Government, Agricultural, Institutional
- Last Updated
- 09/21/2021
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