Buyer's Guide 2024

Advanced Energy Gross Receipts Tax Deduction

Solar & Battery Regulation & Incentive Programs

Program Overview

Category
Financial Incentive
Program Type
Sales Tax Incentive
Implementing Sector
State
State
New Mexico
Eligible Storage Technologies
Geothermal Electric, Solar Thermal Electric, Solar Photovoltaics
Incentive Amount
100% of gross receipts from sale and installation of an eligible facility
Maximum Incentive
$60 million
Equipment Requirements
Solar and Geothermal: 1 Megawatt minimum
Recycled Energy: 15 Megawatt maximum
Administrator
Taxation and Revenue Department
Applicable Sectors
Commercial, Construction, Installers/Contractors, Retail Supplier
Budget
Start Date
07/01/2010
Last Updated
09/21/2021
Funding Source

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